I worked for both Boeing and GE before as a manager. I have since retired but the things I had to do I still regret today. The older you get the more guilty you feel .
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Also, let me add - allowing the Jack Welch GE philosophy infiltrate Boeing's culture.
Did Stock Buybacks Knock the Bolts Out of Boeing? The answer is Yes. I will also add a few more factors:
- - Decentralizing the Supply Chain
- - Cutting costs by getting rid of experienced seasoned workers 1st without training and developing new talent