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Corporatism

All articles tagged with #corporatism

"Boeing's Culture Crisis: Navigating Safety and Investor Concerns"
business1 year ago

"Boeing's Culture Crisis: Navigating Safety and Investor Concerns"

Boeing's focus on earnings over excellence has led to a decline in quality and reliability, with cost cuts taking precedence over product integrity. The company's shift from an engineering to a financial engineering firm after merging with McDonnell Douglas has not benefited shareholders, as short-sighted decision-making has eroded long-term value. Boeing's heavy reliance on government subsidies and regulations has further complicated its business strategy, ultimately hindering its ability to deliver quality products that airlines want to buy and limiting its production capabilities.