

What’s the Matter With Boeing, Pt. 1: Shareholders Don't Build Airplanes
Sep 30, 2024
Explore the turbulent history of Boeing, marked by heartbreak and corporate turmoil. Discover how the rise of shareholder value has undermined engineering expertise, leading to dangerous compromises in safety and quality. Delve into the impact of mergers and outsourcing, revealing the decline in corporate culture. The emotional toll on employees and the legacy of financial decisions are critiqued, highlighting the pitfalls of prioritizing short-term profits over long-term viability in the aerospace industry.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 2min
The Turbulent History of Boeing: Anger and Accountability
02:05 • 2min
Boeing's Corporate Evolution
04:07 • 7min
Corporate America in the 1980s: The Rise of Shareholder Value
11:29 • 7min
The Perils of Shareholder Value: Short-Term Gains vs. Long-Term Strategy
18:23 • 5min
Critique of Shareholder Value at Boeing
23:19 • 7min
Mergers, Management, and the Cost of Short-Term Gains
30:12 • 7min
The Dangers of Outsourcing in Aircraft Manufacturing
36:46 • 4min