How MBAs failed Boeing ? : Business Case study

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VIDEO INTRODUCTION:
If you fly by Akasa, spice jet or Air India express, you need to watch this episode very very carefully because Boeing aircrafts are in trouble!!! 5 years back if you remember, 2 boeing aircrafts crashed out of nowhere and sparked the biggest controversy of the decade!!!

Both these aircrafts were Boeing 737 max and both of them crashed due to the manufacturing defect of boeing!!! And while most of us thought this to be yet another tragic incident and we let it go, what we dont realise is that, BOEING aircrafts are still experiencing disastrous incidents that will traumatise you forever!! Look at this, In January, their door plug blew off,then they found loose bolts on door plugs, then a month later, an aircraft tyre fell off and a boeing aircraft even reported a fuel leak!!! And imagine you being mid air, and your pilot tells you that your fuel is leaking, imagine your flight just about to land, you see your tyre just fall off!! Scary as hell right???Well unfortunately this is what is happening to boeing!!!

In the past 10 years Boeing has seen 970 cases which has now put one of the greatest companies in human history at the verge of bankruptcy!!!

But you know what is the most shocking fact all guys!! Once upon a time, Boeing was by far by far the most reliable, trusted and innovative brand for 80 long years!!! Infact, boeing was so trusted that, people used to say, if aint boeing i aint going!!!

But After doing so well for 80 years, the business leaders of boeing made 1 big big mistake and that changed the fortunes of the company from a dreamrun to a nightmare!!! And as entrepreneurs, this is by far the biggest and the most common mistake that we all must avoid!!!

The question is,
How did boeing become the most successful company on earth only to become the biggest failure of the century??
What did the leaders of boeing do wrong, because of which they lost their reputation of 80 years with this one mistake?
And most importantly, what are the lessons that we need to learn from the disastrous fall of boeing!!!

Guys, to understand the fall of boeing, we first need to understand that there are 2 philosophies of running a business!!! And this is one of the most important thing that even my billionaire guests have told me at the podcast!! So listen to these wise lines very very carefully!!!

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[ThinkSchool]

👉Paytm is a super app - book, travel, movies, pay bills and a lot more!

[nikhilm]

It went from *'If it's not Boeing, I'm not Going'*
to *'If it's a Boeing, I'm not going'* real quick

[dr.hirenmehta]

I am a Professor (aged 50) in one of the Government Engineering Colleges and my son had once asked me to watch your channel. Since last 3 months I have been watching your videos and I must say that the way in which all the facts and figures are presented in each and every video by carrying out in-depth analysis is really commendable. I would recommend your channel to my students too. Keep up the good work. 👍

[NITISHBHATT]

Putting MBAs in charge of any company, where they don't actually understand how the technology works, always leads to a disaster.

[rajjogi]

As someone who is working with Boeing Business stakeholders for 4 years to implement Sourcing, Contracting and Proposal Management solution, i found this very striking and insightful. Once again, very well done Ganesh.

[Dr.Kraig_Ren]

Money on Plane Development ❌

Money on Hiring Hitmen ✅

[ramkay]

Being in avionics industry for last 16 years, kudos to you and your team for coming up with such an excellent content with accurate information. Hats off.

[bhusalrajann]

I was one of your followers when you had 32k subscribers. Now, you are closer to 4 million. I used to send links to my friends in the early days for the comprehensive knowledge you provided. Now, my new friends send me the link.
Indeed a fruitful journey

[raghavsingh]

by far the best BUSINESS CASE STUDY I have seen on YouTube. MBAs cannot lead companies, they are managers not entrepreneurs, not the risk takers. You can just give them your company to operate but not to grow it.

[SaiPraneethMullapudi]

My relative is an Aircraft Maintenance Engineer he told me that the primary issue with Boeing 737 MAX was the MCAS technology which led the aircraft make it nosedive like a missile's nose this led to stall of the aircraft and it fell down.

But he said that there was only minor engineering change of just replacing two cables from one slot to another slot and it made the jets with MCAS safer.

Passenger Aircrafts are not more manuverable like Fighters because they are not light in weight like Fighters which are highly manuverable.

[ronvoy]

Forget about the plane, just recently, even the astronauts who the Boeing Starliner had sent to space couple of weeks ago are now stuck in the ISS due to helium leak, whereas SpaceX has sent and returned dragon capsule to / from ISS 9 times till date. John Oliver also dug some details on this on his 'LastWeek Tonight'. Even in a footage, Boeing employees told they wouldn't fly their plane and it would rather be a 'Death Wish'. Surprising thing all about the 737 Max was that the pilots of Lion Air who died on the crash were given simulation training on an 'IPAD' before the flight.

[smedits]

Ganesh was a great man. Always been nice to everyone. Unfortunately, he mysteriously disappeared.

[utube]

This is exactly what happened when Steve Jobs was kicked out of Apple and John Scully took over.

John used his Pepsi business skills to focus just on increasing business, which led to inferior products leading to Apple plummeting.

Steve came back and brought focus back on the products, and the business success followed naturally.

Wonderfully explained, and thank you for the video.

[harshjain]

27:17 There is some background noise after this time stamp

[girishtallamraju]

India needs its own made in India aircraft

[shikharmaurya]

This is what happens when Accountants start running an Engineering Company.

[jijogorgeraj]

Good example of howMBA alone doesn't make your management better

[onkarbhadra]

Tomorrow is my flight scheduled on a Boeing aircraft 😅

[Shin-zou-Sasageyo]

As a Boeing 789 pilot I can say that it's a most beautiful machine ever exist, literally it has no drawbacks and no one can compete it either

[Lalajiison]

Bro because of you i created my own YouTube channel, and hit 22 subscribers today, thankyou so much, one day will touch for sure❤