From what I understand, a big part of what’s happening with Boeing, is that Boeing is run by Business person who want to maximize return of stock-owner rather than by people wanting to make a good product. The gained flexibility/nicer budget from massive sub-contracting led to “loss of knowledge”, and cutting-down quality control steps which “never catch anything” led to issue being missed-out.
Do you think that MBA program will take this reality into account ? or would they keep focusing on maximizing short-term profit even if it jeopardize the company’s future ?
If you want another good example of positive ‘capitalism’ check out Sam Reich and Dropout.
His father is Robert Reich (Former Secretary of Labor).
Sam is expanding Dropout at a sustainable rate. since its founding it’s had only one or 2 price hikes bringing the cost from like 3.99 to 5.99.
And they weren’t just arbitrary hikes. We got a lot of new content as a result.
He takes care of his employees. And more importantly he cares about his employees as people.
YES, absolutely! Sam and Dropout are an excellent success story. They make a thing ethically and charge a fair price for it, people who want it pay them for it. If we can normalize that again, the world will work a lot better.