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A look into Boeing, how it was founded, but looking at James McNerney and how he came to be at Boeing, and what difficulties he has on his plate.
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By
Russ Tijerina
Moved to Chicago from Seattle in 2000
$60.9 Billion in sales for 2008
Commercial
Integrated Defense System
Boeing Capital Corp
Engineering, Ops & Tech
Puget Sound Region
2008 revenues of $28.3 billion
Approximately 68,000 employees
St. Louis
Designing, building and supporting net-enabled platforms and systems for government and commercial customers
70,000 employees
Financing subsidiary of The Boeing Company
Arranging and/or providing financing for customers of Boeing products
Year-end 2008 portfolio of $6.0 billion
Formed in 2006 to establish technical and functional excellence for the enterprise by maximizing Boeing’s R&D yield
Providing efficient, effective, secure IT solutions
Boeing was founded by William E. Boeing in 1917
Boeing and pilot Eddie Hubbard used Boeing's C-700 to carry 60 letters from Vancouver, B.C., to Seattle
1930 Ellen Church first female flight attendant
Boeing between 70 and 71 work force in Seattle went from 84,000 to 37,000 employees
Fully operated an automatic personal rapid transit system in West Virginia
Designing and manufacturing e transit cars for Chicago Transit Authority (CTA)
Wind Turbines, advanced the use of voice scramblers, hydrofoil aircraft
Born on August 22, 1949
Yale and received his B.A. in American studies and his M.B.A. from Harvard
McNerney Sr. was the president of Blue Cross and Blue Shield
GE Information Services
Executive Vice President of GE Capital
President of GE Asia Pacific
CEO of GE LightingCEO of GE Aircraft
Engines
First CEO that came from outside of the company
Brought over a few of the tools that worked at GE
Pushed the company in ways that were not done in the past
Cut spending, gave offices a budget for office supplies
Made R&D look at products as a consumer, to get the product out faster
Six Sigma3M or 3E??
CEO in 2005
Sat on the board of directors from 2002
Was offered the position of CEO twice before
Accepted the position do to the feeling that it would not be offered again
787 Dreamliner
CEO of Commercial resigns
Behind Two years in production
Issues with cultures not being addressed
Cultural Due DilligenceTM
Fighting for supplies and promotions from the differing companies
CEO from 1996 to 2004
35,000 pages of proprietary information
CFO & Pentagon official, both sentenced
CEO from 2004 to 2005
Retired from Boeing as COO and former CEO of McDonnell Douglas
Affair with a Boeing executive
Leadership is a process by which a person influences others to accomplish an objective and directs the organization in a way that makes it more cohesive and coherent.
My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too
Old culture, power from secret knowledge: profit margins, market share
New culture, role is to express a vision, get buy-in, and implement it
Calls for open, caring relations with every employee, and face-to-face communication. People who can't convincingly articulate a vision won't be successful
Possess large doses of energy, and
Know how to use that energy to energize others
Hands on
Taking responsibility
Cultural differences
Hands on
Any Questions??