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Do you think that the "Boeing debacle" will change what is taught in MBA programs ? (sh.itjust.works)

submitted 3 weeks ago by [email protected] to c/[email protected]

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From what I understand, a big part of what's happening with Boeing, is that Boeing is run by Business person who want to maximize return of stock-owner rather than by people wanting to make a good product. The gained flexibility/nicer budget from massive sub-contracting led to "loss of knowledge", and cutting-down quality control steps which "never catch anything" led to issue being missed-out.

Do you think that MBA program will take this reality into account ? or would they keep focusing on maximizing short-term profit even if it jeopardize the company's future ?

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[–] [email protected] 43 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Absolutely not.

If they learn anything from this, it will be to better find the boundaries of what kind of grift they can or can't get away with. The criminals will get smarter and barely a slap on the wrist. Worst case scenario, an entirely new flock of shitbirds will replace them and keep doing the same or worse.

As long as no one at the top goes to jail or completely personally bankrupt, there is 0 incentive for the system to change in the slightest.

[–] [email protected] 9 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

IMHO everyone is entirely missing the point pointing their finger at Boeing.

The main issue is the FAA and how it failed to control Boeing. It's obvious a business will try to sacrifice safety for money. But there should be check and balances. Someone making sure a business doesn't do that.

The FAA let Boeing supervise itself.

Just to be clear some of the higher up at Boeing are criminals but so is the cop that told him he could police himself.

[–] [email protected] 4 points 3 weeks ago

And now we have a former McKinsey consultant as DOT Sec.

During his term we had aircraft doors coning off midflight, a catastrophic train wreck in Ohio that polluted into New England, a ship tear down a major highway bridge, etc.

Def presidential material.