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Darren Farber

๐Ÿ‘ค Speaker
380 total appearances

Appearances Over Time

Podcast Appearances

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And the fact that we have these pre-existing capabilities that we're still connected to is going to require a major change in acquisition, a major change in requirement activity. And I believe the big change that should happen should be, quote unquote, the responsible party who gets to own all the fame and the blame for an activity in order to move it forward. And that's because...

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And the fact that we have these pre-existing capabilities that we're still connected to is going to require a major change in acquisition, a major change in requirement activity. And I believe the big change that should happen should be, quote unquote, the responsible party who gets to own all the fame and the blame for an activity in order to move it forward. And that's because...

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

What we call riptoa and the transfer of authority, you're typically in a job for 24 months when you wear a uniform. You don't get to see the fruition. The guy that started on Joint Strike Fighter didn't deliver Joint Strike Fighter. We've gone through a slew of flag officers. And so Admiral Rickover...

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

What we call riptoa and the transfer of authority, you're typically in a job for 24 months when you wear a uniform. You don't get to see the fruition. The guy that started on Joint Strike Fighter didn't deliver Joint Strike Fighter. We've gone through a slew of flag officers. And so Admiral Rickover...

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

invented the nuclear navy this is a guy from world war ii and is the longest serving flag officer in american military history served until his late 70s or even his 80s and never wore a uniform by the way was total iconoclast is that he's like we have to have a responsible party and so the job is going to be eight years for the guy running the nuclear navy we don't have that anywhere else in the service and by the way the navy declined to promote this guy over and over again

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

invented the nuclear navy this is a guy from world war ii and is the longest serving flag officer in american military history served until his late 70s or even his 80s and never wore a uniform by the way was total iconoclast is that he's like we have to have a responsible party and so the job is going to be eight years for the guy running the nuclear navy we don't have that anywhere else in the service and by the way the navy declined to promote this guy over and over again

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And the Senate and Scoop Jackson said, no, you're gonna make him an admiral. Now you're gonna make him a two star. You make him a three star. You make him a four star. And so the institution fought back tooth and nail to stop this. But that's a wonderful gift he gave the Navy to create. We've never had an incident in our nuclear Navy.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And the Senate and Scoop Jackson said, no, you're gonna make him an admiral. Now you're gonna make him a two star. You make him a three star. You make him a four star. And so the institution fought back tooth and nail to stop this. But that's a wonderful gift he gave the Navy to create. We've never had an incident in our nuclear Navy.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

running reactors that move with tons of kinetic stuff around it all over the world. It's an amazing statement of, we have to create responsible parties. These billets have to be responsible for the delivery of the program. If we take someone and say, you're responsible for drone's 10-year job, well, I think we'll see some major change.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

running reactors that move with tons of kinetic stuff around it all over the world. It's an amazing statement of, we have to create responsible parties. These billets have to be responsible for the delivery of the program. If we take someone and say, you're responsible for drone's 10-year job, well, I think we'll see some major change.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And so if it's a way station along the way, then the current system will crowd out the ability for these new businesses to be successful.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

And so if it's a way station along the way, then the current system will crowd out the ability for these new businesses to be successful.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

Part of it is so much of this is history of the way we've set up the rotation of how we train people. All of these things come from good places, by the way. I should say that there are very intelligent, motivated people in the armed services and everyone goes into that building wanting to do the right thing. And so this came from the concept of a well-rounded leader is going to do a lot of jobs.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

Part of it is so much of this is history of the way we've set up the rotation of how we train people. All of these things come from good places, by the way. I should say that there are very intelligent, motivated people in the armed services and everyone goes into that building wanting to do the right thing. And so this came from the concept of a well-rounded leader is going to do a lot of jobs.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

Think about it in a corporation. OK, you can do finance, can do operations, you know, be in marketing. You're going to understand the enterprise that you manage. And so in a limited life, can't leave someone in the gig for eight years or 10 years or something like that.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

Think about it in a corporation. OK, you can do finance, can do operations, you know, be in marketing. You're going to understand the enterprise that you manage. And so in a limited life, can't leave someone in the gig for eight years or 10 years or something like that.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

But in these engineering disciplines and where the hybrid of science and engineering is extremely important to build technological superiority, it's clear we need more responsible parties in the nuclear Navy shows that it absolutely shows it. So.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

But in these engineering disciplines and where the hybrid of science and engineering is extremely important to build technological superiority, it's clear we need more responsible parties in the nuclear Navy shows that it absolutely shows it. So.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

I think we're going to have to recognize that our only chance of technological superiority is going to have to change the paradigm of the way we've done it in the past. And we can do that. We've changed it before. We'll change it again.

Invest Like the Best with Patrick O'Shaughnessy
Darren Farber - The Business of Defense - [Invest Like the Best, EP.417]

I think we're going to have to recognize that our only chance of technological superiority is going to have to change the paradigm of the way we've done it in the past. And we can do that. We've changed it before. We'll change it again.