Boeing CEO Dave Calhoun Talks US Election, Safety, China Competition
Jun 4, 2024
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Boeing CEO Dave Calhoun discusses US politics, safety plan, and competition in China. Topics include changing company culture, COVID-19 impact on aviation, learning from past incidents, choosing a successor, importance of metrics, Boeing's global significance, military contributions, engineering quality, industry disruption, historical events, and support for NATO.
Transparency is crucial for minimizing issues in large-scale companies like Boeing.
Boeing CEO Dave Calhoun emphasizes the importance of sustainability and innovation in the aviation industry.
Deep dives
Dave Calhoun's Approach to Cultural Change and Transparency at Boeing
Dave Calhoun, the CEO of Boeing, discussed the significant cultural changes needed at Boeing following safety incidents. He emphasized the importance of transparency in large-scale companies, stating that transparency is crucial for minimizing issues. In response to accidents and internal challenges, Boeing made extensive leadership changes and prioritized transparency, including halting production to focus on safety measures and creating a safety office.
Challenges and Recovery Journey Amid Safety Incidents and COVID
Boeing faced challenges with safety incidents, including the necessity of halting production and making organizational changes. Calhoun highlighted the impact of COVID-19 on demand for airplanes, leading to slower production rates and disruptions in the supply chain. Despite the setbacks, Boeing gradually increased production in 2021 and beyond, focusing on stability and addressing nonconformance issues.
The Future of Boeing and the Importance of Sustainability and Innovation
Calhoun underlined the importance of sustainability and innovation at Boeing, emphasizing the need for autonomous capabilities and continued technological development. He addressed concerns about disruptions in the industry and emphasized the significance of government support in mandating sustainability practices. Calhoun expressed confidence in Boeing's portfolio of capabilities and the company's commitment to sustainability and collaboration in the aviation industry.
Boeing CEO Dave Calhoun discusses the impacts of isolation in US politics ahead of the presidential election, the company's safety plan amid recent incidents, and competition in China. He speaks with Bloomberg's Guy Johnson from the Berlin Aviation Summit in Germany.