Asklemmy

43790 readers

885 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
[email protected]: a community for finding communities

~Icon~ ~by~ ~@Double_[email protected]~

founded 5 years ago

MODERATORS

[email protected]

133

Do you think that the "Boeing debacle" will change what is taught in MBA programs ? (sh.itjust.works)

submitted 2 months ago by [email protected] to c/[email protected]

31 comments fedilink hide all child comments

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 ?

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 2 months ago (1 children)

Shareholders seek to maximize profits. If that includes a lawsuit to squeeze out even more investments, then why not?

They never bothered to check if Boeing did what they had to do security wise. Only once it threatened their profits they sprang into action.

[–] [email protected] 1 points 2 months ago (1 children)

Exactly how are you supposed to check that a company you own shares in does what it's supposed to? You're not allowed into the factory. You're not allowed to see any reports other than what they already publish.

You have to take the word of the management.

[–] [email protected] 1 points 2 months ago

Shareholders can demand external audits under threat of selling the stock. There's plenty shareholders can do (and have done in the past). They don't just sit idle and not do anything you know.