This comes as close to perfectly capturing my dismay and horror at the devolution of Boeing in the last few decades, as well as describing a level of rigor that I deeply wish was far more prevalent in engineering as a general practice across all industries these days. But “driving shareholder value” (thanks for that, Milton Friedman) is crushing one of the primary aspects that I think made American engineering so outstanding for so long.
MBA have been destroying the foundation of everything for excess profit and we’re only seeing the beginning.
Even this fucking article ends with “A company that is not securing its bolts correctly is unlikely to be making the kinds of strategic decisions that pay dividends in decades to come.” As if that is the ultimate goal. Not less death. Less accidents. More money.
As if that is the ultimate goal. Not less death. Less accidents. More money.
I’m pretty sure the author agrees with you. Not every dividend is monetary. He’s talking about the long lasting effects to security and how that will “pay out” in the years that follow
People who were not going to be engineers got interested in engineering, and made their own heroes, like Jobs, the defining traits of whom in their myths were all about ruining a good culture.
Really good article.
This comes as close to perfectly capturing my dismay and horror at the devolution of Boeing in the last few decades, as well as describing a level of rigor that I deeply wish was far more prevalent in engineering as a general practice across all industries these days. But “driving shareholder value” (thanks for that, Milton Friedman) is crushing one of the primary aspects that I think made American engineering so outstanding for so long.
Edits are in bold
The lack of rigor isn’t caused by Engineering but by the MBA’s and Accounting.
Boeing hasn’t been run by Engineers since 2001.
MBA have been destroying the foundation of everything for excess profit and we’re only seeing the beginning.
Even this fucking article ends with “A company that is not securing its bolts correctly is unlikely to be making the kinds of strategic decisions that pay dividends in decades to come.” As if that is the ultimate goal. Not less death. Less accidents. More money.
I’m pretty sure the author agrees with you. Not every dividend is monetary. He’s talking about the long lasting effects to security and how that will “pay out” in the years that follow
People who were not going to be engineers got interested in engineering, and made their own heroes, like Jobs, the defining traits of whom in their myths were all about ruining a good culture.