Caroline Adams Miller

They were all sitting around inbred ideas and it became sterile. There were no good ideas coming out of that. It was a lot of groupthink. And in the eighties, Jack Welch and other CEOs began to demand higher pay packages. And they used to cut, cut, cut to get more productivity and squeeze workers to the max while giving themselves these avaricious pay packages. Jack Welch is the

They were all sitting around inbred ideas and it became sterile. There were no good ideas coming out of that. It was a lot of groupthink. And in the eighties, Jack Welch and other CEOs began to demand higher pay packages. And they used to cut, cut, cut to get more productivity and squeeze workers to the max while giving themselves these avaricious pay packages. Jack Welch is the

absolute poster child for avaricious, just greedy pay packages. It was just one of the worst in 2005. And so this is what happened is these companies just wanted to make more and more money. They wanted to pump up the stock price. Boeing did that and Boeing lost its edge and they stopped innovating and they started to cover up. It became a culture of sloppiness, of lying, of poor quality.

absolute poster child for avaricious, just greedy pay packages. It was just one of the worst in 2005. And so this is what happened is these companies just wanted to make more and more money. They wanted to pump up the stock price. Boeing did that and Boeing lost its edge and they stopped innovating and they started to cover up. It became a culture of sloppiness, of lying, of poor quality.

absolute poster child for avaricious, just greedy pay packages. It was just one of the worst in 2005. And so this is what happened is these companies just wanted to make more and more money. They wanted to pump up the stock price. Boeing did that and Boeing lost its edge and they stopped innovating and they started to cover up. It became a culture of sloppiness, of lying, of poor quality.

And they knew it. And it was just like the Ford Pinto. These engineers knew that they were signing off on things like drills being left in planes. They would drill and then drop it. And they go, it's OK, just seal it shut. So this has now come out more and more. And they didn't let the pilots train in simulators to just cut costs. Again, it comes down to money.

And they knew it. And it was just like the Ford Pinto. These engineers knew that they were signing off on things like drills being left in planes. They would drill and then drop it. And they go, it's OK, just seal it shut. So this has now come out more and more. And they didn't let the pilots train in simulators to just cut costs. Again, it comes down to money.

And they knew it. And it was just like the Ford Pinto. These engineers knew that they were signing off on things like drills being left in planes. They would drill and then drop it. And they go, it's OK, just seal it shut. So this has now come out more and more. And they didn't let the pilots train in simulators to just cut costs. Again, it comes down to money.

They wanted to make as much money as possible. So they cut costs. They did not develop what Airbus had developed with more strict guidelines. They didn't develop this long haul carrier that could have more fuel. So it'd be heavier and go longer distances because that's what the world was asking for. So they just retrofitted one of their other workhorse planes, cut corners, lied, cheated,

They wanted to make as much money as possible. So they cut costs. They did not develop what Airbus had developed with more strict guidelines. They didn't develop this long haul carrier that could have more fuel. So it'd be heavier and go longer distances because that's what the world was asking for. So they just retrofitted one of their other workhorse planes, cut corners, lied, cheated,

They wanted to make as much money as possible. So they cut costs. They did not develop what Airbus had developed with more strict guidelines. They didn't develop this long haul carrier that could have more fuel. So it'd be heavier and go longer distances because that's what the world was asking for. So they just retrofitted one of their other workhorse planes, cut corners, lied, cheated,

and took more big pay packages and basically just threw the planes out there. And we now know what happened. These things are predictable and goal setting theory predicts this. When you mix up a learning goal, Boeing had a learning goal. They had to learn how to make this kind of plane. And normally I think it takes six to 10 years to develop a new plane.

and took more big pay packages and basically just threw the planes out there. And we now know what happened. These things are predictable and goal setting theory predicts this. When you mix up a learning goal, Boeing had a learning goal. They had to learn how to make this kind of plane. And normally I think it takes six to 10 years to develop a new plane.

and took more big pay packages and basically just threw the planes out there. And we now know what happened. These things are predictable and goal setting theory predicts this. When you mix up a learning goal, Boeing had a learning goal. They had to learn how to make this kind of plane. And normally I think it takes six to 10 years to develop a new plane.

They didn't want to lose their customers, particularly American Airlines. They just took shortcuts. I call this faux grit, fake grit. You're not doing the hard work to do something great at the end of the day. So you fake it. So that's what happened. So Boeing is just one of the examples in the book.

They didn't want to lose their customers, particularly American Airlines. They just took shortcuts. I call this faux grit, fake grit. You're not doing the hard work to do something great at the end of the day. So you fake it. So that's what happened. So Boeing is just one of the examples in the book.

They didn't want to lose their customers, particularly American Airlines. They just took shortcuts. I call this faux grit, fake grit. You're not doing the hard work to do something great at the end of the day. So you fake it. So that's what happened. So Boeing is just one of the examples in the book.

Yeah.

Yeah.

Yeah.