The CEO prior to this one (Muilenburg) also had degrees in Aerospace Engineering, but chose to value profit maximization over things like security and a good engineering culture. Innocent people had to pay the price for it.
The CEO prior to this one (Muilenburg) also had degrees in Aerospace Engineering, but chose to value profit maximization over things like security and a good engineering culture. Innocent people had to pay the price for it.
https://www.boeing.com/company/bios/david-l-calhoun
> Calhoun has a bachelor’s degree in accounting from Virginia Tech.
They were engineers by degree. When was the last time they looked at a CFD or FEA model?
I have an EE degree, but haven't looked at antenna or power systems design in many moons: I have no background in them (working sysadmin stuff).
The CEO is mostly a figurehead, whose only actual responsibilities are to manage the investors and build out a leadership team.
Some CEOs take on more, but they really don't need to in order to run a successful company.
The fundamental issue is fiduciary duty getting warped by people like Milton Friedman into the modern meme that executives are legally obligated to maximize shareholder profits (effectively always in the short term).
Boeing is just the next of many, many cases of companies being destroyed by capitalism run rampant.
I'm a bit discontent how just about anyone of my coworkers in USA can be a whatever engineer :D
[0]https://www.oregonlive.com/portland/2017/04/beaverton_man_cl...
Studying and learning and taking exams? Nah… that's boring.
I'm going to point out that you have this exact system for lawyers and doctors… you can't just have ideas and be a lawyer or a doctor.
I'd argue that the COO or another position needs to have this qualification and have the power to bring up these risks to the CEO/Board. Someone needs to understanding engineering, be close to the ground but also have the power to bring things up to the CEO to make appropriate decisions.
If you had one, you would know how much you need to suffer to explain to non technical people why a development direction is better than another, and how much it will profit the company in the end.
Non technical people are always talking about themeselves.
I completely agree with you, and therefore with the idea that having a background in engineering is still not a guarantee of success or even good practices or good business philosophy.
I disagree however with parent's implication about those difficulties being some sort of justification for malpractice, and my argument is that having engineering-capable managers should mitigate those issues in a properly managed company.
People don't realise how hard it can be rebuild the organisation once sufficient corruption has set in. If you do away with top talent, processes and promote regular career managers to run things for you, they will do everything in their power to ensure no right people will ever rise to a position of power. This is for a simple reason that they feel a threat to their jobs.
At that point in time, there is no way a company can resurrected bottom up. Your only options are getting some great talent and then tearing apart the whole company and rebuilding it over time. This is not even possible after a while.