That's my point. These catastrophes are only within the decade.
You missed my point.
The McD merger started a trend.
The very best engineers tended to leave Boeing or, in later years, may have chosen not to start at Boeing.
While possibly not accurate, the effect may be described as the "MBA"effect.
A primary focus on stock price and quarterly reports over other concerns.
Tug, it appears that you have been fortunate to have never worked for bad management.
I once worked for a small company that was bought into be new blood.
The new CEO was an engineer by training, but had deep MBA tendencies.
He was very intelligent but his intelligence was crippled by his ego.
Our chief engineer confided in my that he was horrified by some of the CEO's "Engineering by Decree".
We were preparing a major equipment package for sea shipment to South America.
I was tasked with preparing, assembling calibrating and testing a control package.
I was given a very short deadline.
Too short.
I was only given a couple of days.
We worked a couple of long days and finished up at about 4:00 AM on the day of the deadline.
No testing.
No double checking.
No final adjustments or tweaking.
There were enough days left to have done the job properly, but our leader set an artificially short deadline to make sure that the package was ready for the sailing.
Douglas Addams' philosophy has no place in the world of MBAs.
Douglas Adams said:
I love deadlines. I love the whooshing noise they make as they go by.”
I don't know if my controls package functioned properly or not.
By the time the equipment was installed, I had found another job.
Within a year, the entire engineering staff had left, voluntarily, to be replaced with person's of the CEO's chosing, able to adapt to the MBA game.
The last to go?
After about a year, the original founder of the comany walked into the CEO's office;
"I've had it with you,you SOB.
Have your lawyer contact my lawyer and negotiate a buyout.
I'm done here."
Boeing had a lot of inertia and the MBA influence was not nearly as aggressive, but the trend was set when McD managers started to direct Boeing.
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Ohm's law
Not just a good idea;
It's the LAW!