Matthew Ni
Class of 2027Vancouver, British Columbia
About
Projects
- "What were the crucial reasons that led to the transformation of Boeing from a customer-friendly, safety-oriented company to a financial-corporate-interest-driven one, and what were the effects of such a transformation?" with mentor Wesley (Working project)
Project Portfolio
What were the crucial reasons that led to the transformation of Boeing from a customer-friendly, safety-oriented company to a financial-corporate-interest-driven one, and what were the effects of such a transformation?
Started Nov. 19, 2024
Abstract or project description
This project will examine what drives and changes Boeing from a company that valued customer satisfaction, safety, and trust to one that could hardly care about them. Boeing was inducted into the companys as one of the oldest and most leading companies in global aviation and engineering quality excellence. However, over the past decade, it seems the priorities of the company have changed, making some people to raise an eyebrow about its decision-making processes, value as a company, and accountability on the whole into it.
The research focuses more primarily on these main factors in the analysis:
How did corporate leadership change? The evolution of executive leadership and strategic priorities. What role did financial and market pressures play? The degree of competition, the expectations of shareholders, and what urgency for profits did inform Boeing's decisions? How can regulatory and safety issues be related? What was the regulatory environment and the answers and challenges posed by it on safety matters? Cultural and organizational changes: Corporate internal cultures transitioning from flight engineering-based into something far more financially driven. The research uses a number of case studies, financial reports, expert opinions, and analysis of historical trends, therefore creating a full backdrop for the entire study. The project's intention is to establish, mainly, whether the change at Boeing was Inevitable because of the evolving time of the industry, or a product of dismal internal management and terrible miscalculations that everyone can learn from. By studying the tension between the profit motive and ethical obligation/sustainability, the project will contribute to the larger discussion of how corporations should make that balance.