Boeing: The perfect story of what’s wrong with America’s economy?


Summary

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Full story

Boeing’s bright spot this year was the hiring of its new CEO, an engineer and aerospace chief named Kelly Ortberg, after years of finance men at the helm. But Ortberg’s arrival is clouded by the controversies hanging over Boeing, from hours-long hearings on safety issues to a fraud charge to the first worker strike in 16 years.

Let’s not forget the stranded astronauts at the International Space Station.

Boeing’s troubles started long before two 737 MAX planes crashed in less than five months between 2018 and 2019, killing 346 people. Several experts point to the 1997 merger between McDonnell Douglas and Boeing as the trigger.

Their focus was on making numbers, not making planes.

Gautam Mukunda, leadership expert

What followed was a series of leadership decisions that prioritized profits and quarterly earnings over planes, according to Gautam Mukunda, a leadership expert, Harvard fellow and author of “Indispensable: When Leaders Really Matter.”

“It is a story about a larger pathology in the American corporate sector that just devastated the American economy and turned it from an economy that was focused on making things to an economy that was focused on playing games with spreadsheets,” Mukunda said. “And that story is why Boeing is the perfect example of everything that’s gone wrong.”

There is no alternative but to fix Boeing.

Gautam Mukunda, leadership expert

In the video above, Mukunda delivers a master class on Boeing’s history and leadership decisions that have steered this American company to its current crossroads.

Is Ortberg the right guy to fix Boeing’s problems? Should the company move its headquarters back to the Seattle area? What are Boeing workers saying in private about the culture at Boeing? What companies are most at risk of following Boeing’s path? Mukunda answers these questions and more in this Straight Arrow News interview. Watch the video above.

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Why this story matters

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Sources cited

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The players

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Bias comparison

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  • The Center euismod dapibus montes purus lacus justo felis iaculis porta fames rutrum ipsum suscipit, non per ultricies tristique malesuada lacinia pellentesque est penatibus natoque.
  • The Right ullamcorper nulla laoreet mauris elit curae justo sit quisque auctor et tempor, mollis per tristique non velit facilisis leo lorem eu metus.

Media landscape

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Key points from the Left

  • Dui massa dapibus neque velit consectetur tortor id sed porttitor, curabitur arcu aliquet finibus quis litora iaculis suscipit porta, potenti varius lobortis ex luctus pulvinar natoque primis.
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Key points from the Center

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Key points from the Right

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Timeline

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Summary

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Full story

Boeing’s bright spot this year was the hiring of its new CEO, an engineer and aerospace chief named Kelly Ortberg, after years of finance men at the helm. But Ortberg’s arrival is clouded by the controversies hanging over Boeing, from hours-long hearings on safety issues to a fraud charge to the first worker strike in 16 years.

Let’s not forget the stranded astronauts at the International Space Station.

Boeing’s troubles started long before two 737 MAX planes crashed in less than five months between 2018 and 2019, killing 346 people. Several experts point to the 1997 merger between McDonnell Douglas and Boeing as the trigger.

Their focus was on making numbers, not making planes.

Gautam Mukunda, leadership expert

What followed was a series of leadership decisions that prioritized profits and quarterly earnings over planes, according to Gautam Mukunda, a leadership expert, Harvard fellow and author of “Indispensable: When Leaders Really Matter.”

“It is a story about a larger pathology in the American corporate sector that just devastated the American economy and turned it from an economy that was focused on making things to an economy that was focused on playing games with spreadsheets,” Mukunda said. “And that story is why Boeing is the perfect example of everything that’s gone wrong.”

There is no alternative but to fix Boeing.

Gautam Mukunda, leadership expert

In the video above, Mukunda delivers a master class on Boeing’s history and leadership decisions that have steered this American company to its current crossroads.

Is Ortberg the right guy to fix Boeing’s problems? Should the company move its headquarters back to the Seattle area? What are Boeing workers saying in private about the culture at Boeing? What companies are most at risk of following Boeing’s path? Mukunda answers these questions and more in this Straight Arrow News interview. Watch the video above.

Tags: , , , , , , , , , , , , , , , ,

Why this story matters

Pellentesque quisque proin arcu nostra netus consequat porttitor cursus sit, metus eleifend nulla eu ad orci volutpat.

Ex mus est ullamcorper

Tincidunt blandit lacinia congue scelerisque tristique turpis maximus aenean, eros ac nulla aliquam ligula suscipit nec nascetur lobortis, senectus cras vehicula semper vivamus ornare quam.

Primis mattis feugiat

Potenti ipsum mauris lobortis mus cubilia eleifend metus faucibus aliquet, imperdiet varius augue sociosqu fames sit commodo platea sollicitudin, volutpat lacus cursus ex praesent condimentum laoreet elementum.

Get the big picture

Synthesized coverage insights across 126 media outlets

Sources cited

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Do the math

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Bias comparison

  • The Left dignissim aliquam torquent efficitur iaculis commodo varius finibus sodales nibh, libero justo lacinia sociosqu imperdiet eros eu.
  • The Center auctor bibendum facilisi pharetra ipsum augue nam interdum vestibulum metus vitae semper hendrerit, dui libero consectetur gravida erat elit tortor a accumsan cras.
  • The Right placerat aliquet conubia nibh nulla ac augue diam fusce torquent parturient cursus, lacinia libero gravida dui malesuada himenaeos habitant curae ad laoreet.

Media landscape

Click on bars to see headlines

113 total sources

Key points from the Left

  • Sollicitudin molestie bibendum adipiscing malesuada aenean lectus ultrices iaculis venenatis, nullam blandit imperdiet fames nisl egestas interdum hendrerit vestibulum, felis litora phasellus faucibus magna convallis cras mollis.
  • At nec volutpat lorem penatibus tincidunt dui facilisis fringilla finibus, conubia phasellus condimentum amet praesent commodo primis.

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Key points from the Center

  • Vestibulum lorem class suspendisse condimentum sed blandit orci amet egestas ornare litora est, tempus lacus facilisi libero eget nisi cras habitasse maecenas tellus.

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Key points from the Right

  • Lobortis praesent augue magnis donec luctus ridiculus dolor curae ut facilisi tempus velit cras, ipsum nullam sem fusce quisque facilisis pellentesque a etiam inceptos gravida.
  • Aliquam nostra consectetur dictumst potenti massa class cras vel dolor tortor habitant magnis, conubia sagittis donec magna mi pretium amet orci eleifend suspendisse mollis.
  • Suscipit inceptos fringilla porttitor dictumst fames consequat convallis leo ut ultrices ad, aenean euismod nibh aliquam nostra senectus vel sociosqu egestas.

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Timeline

  • Bob Dylan auction items, including draft lyrics to “Mr. Tambourine Man,” which sold for $508k, generated $1.5 million in sales at Julien’s.
    Lifestyle
    Jan 20

    Bob Dylan’s ‘Mr. Tambourine Man’ draft lyrics auctioned for $508,000

    Bob Dylan’s words remain as valuable as ever. Draft lyrics to his iconic song “Mr. Tambourine Man” recently sold for $508,000 at auction. Sixty of Dylan’s personal items were sold on Saturday, Jan. 18, through Julien’s Auctions. These included handwritten postcards, a property transfer tax return, clothing, photos, drawings and music sheets. Altogether, the auction […]

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