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Home/Let’s look into the identity of the bean counter who ruined Boeing.
dogdrip|General•Recently

Let’s look into the identity of the bean counter who ruined Boeing.

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Harrison Curtis "Harry" Stonecipher

https://www.sisaweek.com/news/articleView.html?idxno=229831

Attorney Herman explained, "At the time, Boeing CEO Stonecipher declared that 'Boeing will be run as a profit-seeking business, not a great engineering company,'" and added, "This marked a turning point where the company shifted away from its engineering-centered tradition."

Background: In 1958, he graduated with a BS in physics at the Tennessee Polytechnic Institute.

And the person he respected and benchmarked:

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John Francis Welch Jr. (Jack Welch)

https://news.einfomax.co.kr/news/articleView.html?idxno=4343012

Gelles diagnoses that because Chairman Welch’s management was so successful at the time, many CEOs of traditional American manufacturing companies pursued his ruthless layoffs, overseas outsourcing, and expansion into non-core fields. This is one of the root causes of the recent Boeing crisis involving the 737 Max models.

Background: University of Massachusetts Amherst (BS) University of Illinois at Urbana–Champaign (MS, PhD) Master’s and Doctorate in Chemical Engineering.

Of course, both of them are GE alumni. Neither were liberal arts majors. They were both engineering types.

BoeingBusiness HistoryCorporate CultureJack WelchAviation
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"The community is roasting the 'bean counter' management style, noting that even CEOs with engineering backgrounds can prioritize short-term profits and cost-cutting to the point of destroying legendary companies like Boeing and Intel. The consensus is that being an idiot transcends your college major."

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