How to Fix Boeing

Boeing is at a critical juncture. Their recent failures have been spectacular and covered extensively in the news. In 2018 and 2019, 346 people died in 2 separate 737 MAX 8 airplanes. And in January of this year, a piece of the fuselage (a “door plug”) came off another Boeing airplane while in flight. These failures have been a long time coming, and are the symptoms of long-term mismanagement. The mismanagement is reflected in an empty product pipeline, an aging workforce, a faltering defense business, and huge spending on stock buybacks while the company remains deep in debt. To top that off, Boeing paid an astounding $32.8M last year to the CEO who is flying Boeing into irrelevancy. Boeing’s trajectory is sad, but it’s not irreversible. The company has a diversified portfolio. It needs to lean into its winners and pivot away from its losers. Here are my thoughts on what the next set of company leaders should do with each of the 3 major business units: Disclosure: I was an intern at B

Boeing is at a critical juncture. Their recent failures have been spectacular and covered extensively in the news. In 2018 and 2019, 346 people died in 2 separate 737 MAX 8 airplanes. And in January of this year, a piece of the fuselage (a “door plug”) came off another Boeing airplane while in flight. These failures have been a long time coming, and are the symptoms of long-term mismanagement. The mismanagement is reflected in an empty product pipeline, an aging workforce, a faltering defense business, and huge spending on stock buybacks while the company remains deep in debt. To top that off,