The MIT Sloan School of Business has generationally harmed companies. They preach people management (no technical leadership) and multiple layers of managers. All decisions are top down. Feedback is not present. Information does not flow up, only status.
The stock market incentivizes quarterly and annual goals over long term stability, morality, and ethics. No business with such short term goals will ever succeed long term. I firmly believe that no business can be trusted that’s publicly traded.
originalucifer@moist.catsweat.com 10 months ago
ahh, didnt undertand it was so systemic at boeing. are these companies just too big now to be held accountable? they kill hundreds of people and , what, they get fines and some light regulatory action.
how about dissolution of your corporate charter. when can we start holding corporations accountable in a more criminal manner?
AdamEatsAss@lemmy.world 10 months ago
I used to work in commercial aircraft certification. Boeing and other manufacturers typically have their own in house ODA (basically a certifying body that is overseen by the FAA). The ODA is given power to approve certain things by the FAA, this is done because the FAA isn’t big enough to review every aircraft engineering decision and regulation. The FAA regulations are written in blood, it is a set of reactionary rules, so if it hasn’t been directly involved in a crash yet it is unregulated. Boeing only makes money when they sell planes, so there is corporate pressure to approve things that might be on the edge of the regulation requirement. Also it takes years to develop a new plane. The Max line was 100% a cost saving decision. Instead of designing and certifying a new frame they only had to certify the new engines and engine mounts.