"Unraveling Boeing: A Year of Crisis and Controversy"

1 min read
Source: Forbes
"Unraveling Boeing: A Year of Crisis and Controversy"
Photo: Forbes
TL;DR Summary

Boeing is facing a series of crises including safety issues with its 737 Max and 787 Dreamliner planes, a criminal investigation by the Justice Department, and a leadership and culture problem. The company's financial situation is worse than it appears, and its reliance on the defense division to offset commercial losses may not be sustainable. CEO Dave Calhoun's lack of engineering background and management style, influenced by Jack Welch, are seen as contributing factors to the company's current state. The company is in need of new leadership, strategy, and a return to its historic commitment to engineering excellence.

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