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

submitted 2 months ago by Ziggurat@sh.itjust.works to c/asklemmy@lemmy.ml

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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 ?

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[–] kiwifoxtrot@lemmy.world 6 points 2 months ago

It's a natural thing that occurs when your pay is based on stocks that respond heavily to quarterly results. Stay in for 2 - 3 years, drive stock prices up, get out, and leave the mess for the next leadership team.