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View Diary: Excessive outsourcing probably added 140% - 260% to Boeing's 787 launch costs (260 comments)

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  •  Heh. Of course not. (4+ / 0-)
    Recommended by:
    xynz, alizard, aigeanta, yaque

    Did Stonechipher get his big "performance-based" bonuses and get out before the disaster became apparent?  If so, it went exactly according to plan, for him.

    Incentives of CEOs are totally disconnected from what's good for the company in the long term.

    Read pp. 1-7 of Krugman's _The Great Unraveling_ (available from Google Books). NOW.

    by neroden on Mon Feb 07, 2011 at 09:53:11 PM PST

    [ Parent ]

    •  "incentives of CEOs . . ." (0+ / 0-)

      That's why I expect quite a few US companies to be turned into Chinese brands in the next decade or so.

      The pioneer in this area was Schwinn, a formerly US bicycle company that was one of the first to commit suicide by offshoring, IIRC, in the early 1990s.

      Looking for intelligent energy policy alternatives? Try here.

      by alizard on Tue Feb 08, 2011 at 02:40:02 AM PST

      [ Parent ]

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