The downfall of Boeing is something that financial writer Porter Stansberry, the founder of MarketWise, has been warning about for a long time, with a post he wrote in January 2020 bearing the headline "COMING SOON: THE BOEING COLLAPSE."
According to Stansberry, the company has been embracing more bad ideas than any other firm for the last two decades, changing its culture away from a focus on engineering to corporate concerns.
He points to Boeings Chief Operating Officer, Stephanie Pope, as an example of whats going wrong there. Her qualifications are somewhat surprising for someone who holds such a high role in a major firm: a bachelors degree in accounting from Southwest Missouri State University and an MBA from Lindenwood University, a small school that is ranked #121 out of 167 regional universities in the Midwest.
Pope has no engineering background, but Stansberry suggests there is another reason she was placed in charge of the operations at a leading global aerospace engineering corporation: She is the executive sponsor of a group known as Boeings Women Inspiring Leadership, which is focused on increasing gender diversity awareness.
Poster Comment:
Boeing does not fasten bolts. Too White Supremacist for them.