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Response to Divernan (Original post)

Sat Aug 24, 2013, 04:26 PM

27. These people should have to return their MBA degrees.

Corporations are supposed to return maximum value to their shareholders, yes?

And Boeing is failing to do so, and that miserably. As noted elsewhere, they pursued a political agenda: but in addition, that agenda was to a large extent based on theoretical notions and was accompanied by short-term thinking.

When your planning horizon is "what time is it?", you will fail. When you rely on unquantified assumptions and do not adapt when the data proves them false, you will fail spectacularly.

MBAs are taught not to do these things. Anyone who does them is not worthy to hold the title.

This will, in a future business school be a case study of everything NOT to do in a business situation. I hope the workers get the jobs they deserve from Boeing's competitor.

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Arrow 33 replies Author Time Post
Divernan Aug 2013 OP
Divernan Aug 2013 #1
busterbrown Aug 2013 #9
Divernan Aug 2013 #10
adieu Aug 2013 #15
Benton D Struckcheon Aug 2013 #2
elehhhhna Aug 2013 #29
madrchsod Aug 2013 #3
hatrack Aug 2013 #26
uponit7771 Aug 2013 #4
uponit7771 Aug 2013 #5
Starry Messenger Aug 2013 #6
meow2u3 Aug 2013 #7
senseandsensibility Aug 2013 #8
malaise Aug 2013 #11
Unrepentant Fenian Aug 2013 #12
Divernan Aug 2013 #20
adieu Aug 2013 #13
Rebellious Republican Aug 2013 #16
mick063 Aug 2013 #14
pnwmom Aug 2013 #18
Generic Other Aug 2013 #17
Divernan Aug 2013 #19
hatrack Aug 2013 #21
Populist_Prole Aug 2013 #22
Helen Borg Aug 2013 #23
Rex Aug 2013 #24
dballance Aug 2013 #25
LineNew Reply These people should have to return their MBA degrees.
riqster Aug 2013 #27
loudsue Aug 2013 #28
Unrepentant Fenian Aug 2013 #31
Scuba Aug 2013 #30
City Lights Aug 2013 #32
Brigid Aug 2013 #33
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