This is an important video about another industry that has suffered from deregulation and the allowance of growing monopoly. Boeing, run by engineering people, merged with a competitor in the 1980s and the cultures were very different. McDonald-Douglas was more about money -- focused on bottom line. The latter won out. They moved the HQ away from Seattle where the engineers were based to Chicago so they could focus on the financials. Quality and oversight suffered.
Thursday, January 05, 2023
Boeing - From engineering to finance - BREAKING POINTS
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