How to Make a Successful Merger in a Complex Industry?
i struggle to think of a an effective murder that has happened in business history in an industry as complicated as something like aeirspace. I think it's possible when you're putting two companies that are almost like colones of other together, and you're just reaping the economies of scale. But when you're talking about something like semi conductors, aero space,. even automotive a you're putting together very complex processes and supply chains That are probably going to be enormously difficult to put together seamlessly.
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In 2019, Airbus surpassed for the first time Boeing as the largest aerospace company in the world, as two crashes of Boeing’s 737-Max airplane forced a grounding of the fleet and a halt in sales, eventually costing it $20 billion in associated fines and delays. While Boeing maintains a relatively strong overall safety record as measured by crashes per million departures, the production problems with the 787 Dreamliner in the mid 2010s and the recent 737 debacle has cast some doubt as to the management and engineering practices at the century-old American icon of industry. Tonight we delve into the roots of what made the company as successful as it was, as well as some of the key events that arguably led to its current troubles that date back well into the 1990s and beyond.
