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Ethics
by leon on August 15, 2006
Its chief executive James McNerney has vowed to build a strong ethics culture at the ethically-challenged aircraft market and defence contractor.
Boeing has discovered how much bad ethics can hurt the bottom line, after paying $615 million to settle two reputation-busting criminal investigations.
McNerney clearly believes that clarity about corporate culture is the key to tackling the problem, something he obviously learned at GE, reports The Economist.
How successful a clean-up it's going to be remains to be seen. The company could still be liable for further payments because of an ongoing Air Force review of a tainted cargo plane contract stretching back to 2000, according to new reports.
McNerney is right. The recurring problems might just have something to do with the culture of the place.
Permalink: Is James McNerney Boeing's Mr Clean?
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Response from:
news.fatpitchfinancials.com
Interesting times at Boeing. Its chief executive James McNerney has vowed to build a strong ethics culture at the ethically-challenged aircraft market and defence contractor. But the allegations and claims continue
Response from:
Interesting times at Boeing. Its chief executive James McNerney has vowed to build a strong ethics culture at the ethically-challenged aircraft market and defence contractor. But the allegations and claims continue
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