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Do you think that the "Boeing debacle" will change what is taught in MBA programs ? (sh.itjust.works)

submitted 1 month ago by Ziggurat@sh.itjust.works to c/asklemmy@lemmy.ml

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From what I understand, a big part of what's happening with Boeing, is that Boeing is run by Business person who want to maximize return of stock-owner rather than by people wanting to make a good product. The gained flexibility/nicer budget from massive sub-contracting led to "loss of knowledge", and cutting-down quality control steps which "never catch anything" led to issue being missed-out.

Do you think that MBA program will take this reality into account ? or would they keep focusing on maximizing short-term profit even if it jeopardize the company's future ?

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[-] thejoker954@lemmy.world 2 points 1 month ago

If you want another good example of positive 'capitalism' check out Sam Reich and Dropout.

His father is Robert Reich (Former Secretary of Labor).

Sam is expanding Dropout at a sustainable rate. since its founding it's had only one or 2 price hikes bringing the cost from like 3.99 to 5.99.

And they weren't just arbitrary hikes. We got a lot of new content as a result.

He takes care of his employees. And more importantly he cares about his employees as people.

[-] ilinamorato@lemmy.world 2 points 1 month ago* (last edited 1 month ago)

YES, absolutely! Sam and Dropout are an excellent success story. They make a thing ethically and charge a fair price for it, people who want it pay them for it. If we can normalize that again, the world will work a lot better.

this post was submitted on 26 Aug 2024

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