Bloomberg Businessweek Boeing’s Turbulent Year, 2025 Restaurant Outlook, Generation Beta
25 snips
Jan 3, 2025 Shawn Galloway, CEO of ProAct Safety, shares insights on Boeing's ongoing safety issues and the importance of organizational culture. Phil Kafarakis, President and CEO of IFMA, discusses the evolving restaurant landscape as it adapts post-COVID, covering trends, inflation, and climate change's impact on the food supply. David Blanchett, PGIM's Head of Retirement Research, explores Generation Beta and its potential to redefine work and retirement in a tech-driven future.
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Black Swan Events and Indicators
- Black swan events are rare and hard to predict, but often have preceding indicators.
- Being surprised by a tragedy may mean you weren't paying attention or giving enough weight to these indicators.
BP Safety Awards and Explosions
- BP leadership gave awards for safety performance at two locations days before tragic explosions.
- These incidents highlight the importance of heeding safety indicators, according to Shawn Galloway.
Proactive Safety Assessments
- Companies should proactively assess their safety strategies and culture.
- This helps identify potential issues before incidents occur and involves using objective third-party evaluations.
