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By Russ Tijerina

Mc Nerney & Boeing

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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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Page 1: Mc Nerney & Boeing

By

Russ Tijerina

Page 2: Mc Nerney & Boeing
Page 3: Mc Nerney & Boeing

Moved to Chicago from Seattle in 2000

$60.9 Billion in sales for 2008

Commercial

Integrated Defense System

Boeing Capital Corp

Engineering, Ops & Tech

Page 4: Mc Nerney & Boeing

Puget Sound Region

2008 revenues of $28.3 billion

Approximately 68,000 employees

Page 5: Mc Nerney & Boeing

St. Louis

Designing, building and supporting net-enabled platforms and systems for government and commercial customers

70,000 employees

Page 6: Mc Nerney & Boeing

Financing subsidiary of The Boeing Company

Arranging and/or providing financing for customers of Boeing products

Year-end 2008 portfolio of $6.0 billion

Page 7: Mc Nerney & Boeing

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

Page 8: Mc Nerney & Boeing

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

Page 9: Mc Nerney & Boeing
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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

Page 11: Mc Nerney & Boeing

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

Page 12: Mc Nerney & Boeing

GE Information Services

Executive Vice President of GE Capital

President of GE Asia Pacific

CEO of GE LightingCEO of GE Aircraft

Engines

Page 13: Mc Nerney & Boeing

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

Page 14: Mc Nerney & Boeing

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??

Page 15: Mc Nerney & Boeing

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

Page 16: Mc Nerney & Boeing

787 Dreamliner

CEO of Commercial resigns

Behind Two years in production

Page 17: Mc Nerney & Boeing
Page 18: Mc Nerney & Boeing

Issues with cultures not being addressed

Cultural Due DilligenceTM

Fighting for supplies and promotions from the differing companies

Page 19: Mc Nerney & Boeing

CEO from 1996 to 2004

35,000 pages of proprietary information

CFO & Pentagon official, both sentenced

Page 20: Mc Nerney & Boeing

CEO from 2004 to 2005

Retired from Boeing as COO and former CEO of McDonnell Douglas

Affair with a Boeing executive

Page 21: Mc Nerney & Boeing

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.

Page 22: Mc Nerney & Boeing

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

Page 23: Mc Nerney & Boeing

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

Page 24: Mc Nerney & Boeing

Hands on

Taking responsibility

Cultural differences

Page 25: Mc Nerney & Boeing

Hands on

Page 26: Mc Nerney & Boeing

Any Questions??