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Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success
book

Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

by Scott Davis, Carter Copeland, Rob Wertheimer
July 2020
Beginner content levelBeginner
288 pages
8h 23m
English
McGraw-Hill
Audiobook available
Content preview from Lessons from the Titans: What Companies in the New Economy Can Learn from the Great Industrial Giants to Drive Sustainable Success

CHAPTER

3

BOEING

A Struggle to Find Balance in Risk Management

BY CARTER COPELAND

Images

At any engineering-focused organization, risk management and mitigation are guiding principles. Holistically understanding and appropriately balancing the risks associated with a new endeavor are paramount to a project’s success. These risks come in numerous forms: technical, contract, cost, schedule, safety, etc., and they all matter. This is especially true at Boeing, the world’s largest aerospace company, where the financial bets made on new products are enormous, the technical hurdles are high, and the costs of failure can be catastrophic.

In the last few ...

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Publisher Resources

ISBN: 9781260468403