Boeing 767 Case Study Questions 1. How would you describe Boeing’s approach to project management? What are its strengths and weaknesses? Boeing adopts a very thorough, well planned out process to manage the project. The stages are defined clearly and tasks involved in each stage are carried out sequentially. The first stage of their approach is the project definition phase during which Boeing identified holes in the market not met by existing planes, assessed future airline needs, considered alternative plane configurations, explored feasibility of possible technologies and performed preliminary estimation of costs. During the market assessment, analysts gathered information regarding future needs of airlines by speaking directly to …show more content…
Boeing had a clear project scope and put emphasis on airline needs (directly speaking with major airlines) prior to the design process. An auditing team is developed to further monitor each major step and make sure that each task is carried out properly; Boeing is smart enough to pick experienced managers who thoroughly understand how this industry/company operates as auditors so the review process can be carried out more efficiently and accurately. During the plane design process, there are four head engineers responsible for four technological areas and one chief engineer in charge of the plane program. The former is more concern about the technical aspects of the project while the latter is more concerned about practical aspects such as costs and scheduling; such approach is desirable so that people involved in the project don’t get too caught up in one particular area. Rapid communication between some of the foreign participants and Boeing is emphasized greatly as there is a private telephone network connecting Boeing to each participant. During the final stages of the project, meetings are held frequently so that the teams can receive early notification to catch and solve problems sooner. However, there exist some weaknesses of the process. Firstly, since some program participants are in different countries and certain parts are assembled in different countries,
The Boeing Company designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. It operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements; and provides related support services to the commercial airline industry. This segment also offers aviation services support, aircraft modifications, spare parts, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment researches, develops, produces, and modifies manned and unmanned military aircraft, and weapons systems for global strike, vertical lift, and autonomous systems, as well as mobility, surveillance, and engagement. The Network & Space Systems segment researches, develops, produces, and modifies strategic defense and intelligence systems, satellite systems, and space exploration products.
I am the Project Manager developing the Boeing 787 Dreamliner. The development of this state-of-the-art airplane will include an international team of aerospace companies led by Boeing. The advances in this airplane will reduce the use of fuel by 20%, increase cargo capacity, increase nautical miles in a mid-range airplane, and improve passenger comfort. Boeing
This business level strategy allows Boeing to create distinctive competencies from its rival, Airbus and gain an edge over them. Boeing has been successful in maintaining this business model due to its high R&D which has led to some great innovations in aircraft manufacturing such as the production of Advanced Winglet, Digital Airline, Performance Based Navigation System to name a few. Boeing has also prioritized customer service in their corporate strategies and have implemented GoldCare IT Enterprise Suite as means of 24/7 customer service regarding operations along with AOG solutions as means of after sales service to the customers. As mentioned Boeing Dreamliner 787 has been created keeping in mind the customers’ psychological desires in mind which sets Boeing apart. Boeing has been very successful over the years to create their competitive advantage and maintain its superior performance and they continue to do
The Boeing Corporation is the world’s leading aerospace company and is the largest manufacturer of commercial jetliners as well as military aircrafts. Boeing has teams that manufacture missiles, satellites, defense systems, and communication systems. NASA turns to Boeing when they need something and Boeing operates the International Space Station. Boeing has a broad range of capabilities and skills, which is probably the reason they are the world’s leading aerospace company. With the Boeing headquarters in Chicago, more than 170,000 people in 70 different countries find themselves employed with the corporation and
In this paper Team C has selected to report financial outcomes for the Boeing Company. We will compare and contrast three potential financial outcomes that we envision for the initiative in using the most recent annual report and other financial statements. We will evaluate our discoveries to determine the most likely outcome. We will also include calculations that support our analysis of various financial outcomes and discuss the financial effect on Boeing. Boeing is the largest global aircraft producer that started in the mid-1916 and continues to grow by producing the biggest
Boeing was founded in 1916 and has become a leading producer in military and commercial aircrafts. The organization consists of two businesses supported by nine corporate functions. The company leadership roster includes one who is the chairman, president and chief executive officer and a ten person executive council. Boeing operates using their own management model which is used to attain world class growth and productivity. “Boeing strives to achieve their leadership and management goals worldwide in all activities and at every level by encouraging team effort, recognizing
Boeing’s faces these marketing risks. The marketing manager brought it to the airlines, who reviewed, among other things, its flight characteristics, range, cursing speed, interior, systems and operating costs the feedback to designers the airplanes to meet the best the requirements of customers is a difficult process. Airline bit difficult to design. Therefore, the configuration changes constantly.
The main company strategy of Aircraft Solutions is to provide low cost design and computer-aided modeling packages to customers to reduce their development operating cost. One thing AS is especially proud of is that it will help the customer through all phases of new product deployment. It will help starting from the early prototypes through final large-volume
It is suggested that the travel industry and the aerospace and defense industry as a whole will continue to grow on the basis of the strong demand emanating from domestic demand as well as globalization. This may give a major boost to the demand for 7E7s as the airlines are already concerned about high fuel costs intensifying out of increased demands from emerging economies like India and China and reduced production. Better design modifications is going to be a major strength for the 7E7 as Boeing is betting on the future of small-mid size airplanes which can fly short as well as long distances with its fuel efficient engines. From an investment perspective, with interest rates at it's lowest in decades, with 911 behind us, and barring a major pandemic such as SARS, the timing seems right for Boeing to pursue this endeavor.
THE BOEING COMPANY: STRATEGIC AUDIT I. CURRENT SITUATION A. Current Performance Boeing performance has been outstanding for the past few years. Their Return on investment rose from three percent to 6 percent from 1998 to 1999, but it did drop to five percent in 2000. In 1996 Airbus claimed 42% of the market share, while Boeing had 64%. Boeing is looking at falling below the 50% mark. Boeing's profits have been doing quite well. They have risen drastically in the past few years, which can be seen in the profitability ratios. Boeing is doing fine when it comes to profitability, even though they have dropped slightly since 1999.
1.1 In developing the Boeing 787 Dreamliner, Boeing executive management’s initial decisions and project management strategies did not control the four major measurements of project success: time, budget, performance and client acceptance (Pinto, 2013, pp. 35,36). This report analyses the methodology and project management decisions that led to a project crisis and risk to Boeing’s reputation.
Analysts also attest that Boeing management encourages all working teams to take initiative and to work together, allowing all team members equally to make direct and on-spot decisions first and then to run back to their function teams for final approval. All organizational function teams at each respective level have equipped their matrix managers with the knowledge, skills information, and confidence to make the management decisions in such a complex brainstorming environment. Boeing has instituted a hierarchy of teams, in which instead of the corporate traditional organizational pyramid with layers of management, its structure encompasses four layers of teams. Having such a team system instituted eliminates the extra middle management
Boeing Australia Ltd. (BAL) is a relatively new privately owned company and a global extension of the U.S. firm, the Boeing Co. BAL has continued to develop capabilities in the areas of space and communications, site management, and upgrade and maintenance of military aircraft and equipment. Historically BAL has had a myriad of systems encompassed in its diverse systems architecture which was predominantly site-centric in nature. The main issue is the processes. There are redundancies resulting in low productivity and high processing time in procurement processes.
As a BAE Project Manager, I will focus on three critical areas. Primarily, I will concentrate with providing centralized location to share information and to improve communication. Secondly, limit the persistent request for changes and lastly, hire an experienced Chief Airport Engineer. Addressing the three critical areas I have stated above does not guarantee a success of the project; nevertheless, I am confident they will assist with project outcome.
Boeing’s attempt to compete with European Airbus company by creating the 787 Dreamliner one that would prove to be a more costly venture than previously thought. This came down to five critical oversights in the design, manufacturing, and iterative processes. When Boeing was trying to develop the 787, they wanted to have new materials to lend to better performance and comfort for the passengers on board, yet this will lead to poor component choices in part to a dangerous battery. This was supplemented by changing to the Toyota Production System where they did not staff the necessary people to oversee the entirety of the production cycle. Boeing outsourcing to various contractors and subcontractors, they could lessen the burden on their