The company I chose to look at from the fortune 500 company list was Boeing. “Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined. Additionally, Boeing designs and manufactures rotorcraft, electronic and defense systems, missiles, satellites, launch vehicles and advanced information and communication systems. As a major service provider to NASA, Boeing is the prime contractor for the International Space Station. The company also provides numerous military and commercial airline support services. Boeing provides products and support services to customers in 150 countries and is one of the largest U.S. exporters in terms of sales.”(Boeing)
We will be looking at three main points in this paper, ethical principles, employee motivation, and how they manage cultural issues or differences. Bowing makes their ethical principles very clear right on their webpage is a link called “Ethics”. This link takes you to a page explaining the company’s ethical principles. Bowing’s main points for their ethics are, Leadership, Integrity, Quality, Customer satisfaction, People working together, a diverse and Involved team, Good corporate citizenship, and Enhancing shareholder value.
Boeing conducts its business in the most proper and equal ethical manner, while staying in accordance with the company's values and code of conduct and staying in and above compliance with all of today’s standard laws and regulations. Bowing’s code of conduct states, “integrity must underlie all company relationships, including those with customers, suppliers, and communities and among employees. The highest standards of ethical business conduct and compliance are required of Boeing em...
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... that wants employees, where they don’t mind coming into work. They feel secure working with the company. Personal think that Boeing is one of the top places for someone to find himself or herself working. This is a business that is going to stay around and keep growing with new ideas and developments in many different business fields and around the world. They have just about everything an employee could ask for and obviously a successful business.
Works Cited
• Boeing. (n.d.). Retrieved from http://www.boeing.com/boeing/index.page
• Fulghum, F. (2014, 02 12). Interview by F F []. Inside boeing from employee eye's
• Boeing. (n.d.). Retrieved from http://www.youtube.com/channel/UC9IEkprr46ScglWU79HF5qQ
• Forbes. (n.d.). Retrieved from http://www.forbes.com/companies/boeing/
• Hellriegel, D. (2011). Organizational behavior. (13th ed.).
If the short haul passenger was the backbone of Southwest Airlines success, then their 737s were the lifelines that supported it. By choosing the 737 as the airplane for all of Southwest's flights, the company saved time and resources in training its employees. The crew could be easily substituted for one another due to the extensive training on the 737. Low costs and, therefore, low fares are an enormous competitive advantage, when combined with their high-quality and loyal workforce. A very unique culture was found at Southwest Airlines among all of its employees.
One of the most innovating companies of our time is Boeing. Boeing headquarters is located right here in Chicago which is one the things that attracted me to this company. There are about 160,000 employees across the United States and in 70 countries. Boeing has one of the most diverse and talented companies that thrive through their innovative workforce. Of the 160,000 employees working for Boeing, more than 83,000 hold college degrees, 29000 are holding advanced college degrees in almost every business and technical field, these facts alone says so much about the quality of the staff that Boeing recruits.
The Boeing Corporation is one of the largest manufacturers in the world. Rivaled only by European giant Airbus in the aerospace industry, Boeing is a leader in research, design and manufacture of commercial jet airliners, for commercial, industrial and military customers. Despite enjoying immense success in its market and dominating an industry that solely recognizes engineering excellence, it is crucial for Boeing to ensure continued growth through consistent strategy formulation and execution to avoid falling behind in market share to close and coming rivals.
Planning, an imperative part of any business environment, is a daily focus at Boeing Corporation. The organization faces daily challenges to produce products to fit the consumer wants for air travel, comfort, and efficiency. While Boeing deals with a constant need for innovative ideas it also deal with the challenges of its main competitor airbus whom has historically been subsidized by many of the European nations to compete with Boeing for a larger share of the market. Boeing management, through excellent planning, an ethics policy that demands large returns for shareholders, and constant work to comply with ever changing legal demands of the industry has led to the constant success of the company.
In the airline industry, Southwest Airlines is considered a true innovator. By shaking up the rules of flying and improving upon inefficient industry norms, Southwest has quickly grown by leaps and bounds. From the very start, Southwest Airlines' goals were to make a profit, achieve job security for every employee, and make flying affordable for more people (Southwest,2007). Southwest has not strayed from these goals. It does not buy huge aircrafts, fly international routes or try to go head to head with the major carriers; and thanks to a great planning, Southwest airlines has become the most successful airline company in the U.S., if not the world.
To be the number one aerospace company in the world and among the premier industrial concerns in terms of quality, profitability and growth
British Airways has focused its mission and objectives towards satisfying its key stakeholders that include employees, customers, Government and the British public. The company has been successful in dealing with cultural differences that arise between the UK and foreign countries, adopting a geocentric approach to hiring workers. The airline has also created a flexible organisation that responds quickly to the changing needs of its consumers.
In today society you always hear about how company is conducting themselves ethically. This concept can sometimes help or hurt a company in the worst way possible at times. However, ethical conduct is not only the company’s responsibility but also the individuals. Granted the majority people do have that internal sense of what is right and wrong, that however doesn’t mean that they always listen to that still small voice.
Technology Innovation: - Boeing should carefully analyze the market to evaluate the trends in the airline industry and aggressively invest in a new product line (top dog strategy) that could counter Airbus’s A380.
...o their business model. Boeing appears to be a company that isn’t afraid of risk because they understand nothing risked is nothing gained. In 2001 when the airline industry collapsed after 9/11 they could have folded their 737 division up or sold it off to a competitor, but instead they found a way to make it work, and make it work better than it had previously. During World War II, and The Korean War Boeing’s innovation helped the US Armed Forces achieve their military goals, and at the same time positioned themselves as the major player in the defense business. While no company perfectly manages its resources Boeing has proven itself to be one of the better firms in that regard, and with its approach to innovative technology and prudent management of their assets they will probably be around long enough to further improve on an already solid foundation.
“To be the best airlines in whole world and providing excellent customer experience in our flights with full entertainment and loads of satisfaction.”
Boeing moved for right track. They decided to compete with other global brands in terms of public image and goodwill. As Phil Condit, Boeing CEO and chairman, announced at Farnborough air show in 2000, this company goals are focusing on: running healthy core businesses, leverage the company’s strength into both new products and services, and open new frontiers. Achieving these major goals can improve Boeing public image both domestically and internationally. There are other areas of weakness existed within this company such as adaptation to new business and communication methods. Boeing must have more participation in areas of public to prove that it is seeing beyond the traditional boundaries.
To apply and the all ‘ rules of game‘of an business we taking an aviation company known as “Jet Airways” before we get into, here are some intro points about this company.
JetBlue Airways, the latest entrant in the airlines industry has gone through the initial stages (entrepreneurial and collectivity) of the organizational life cycle rapidly under the successful leadership of David Neelman. JetBlue Airways is currently in the formalization stage of the life cycle where in it needs to create procedures and control systems to effectively manage its growth. Also as it proceeds to grow further to reach the elaboration stage, JetBlue needs to continue to align itself with the environment in order to maintain its sustained growth.
As Boeing’s CEO, Frank Shrontz promised to increase earnings and return on equity. Boeing had a history of making money when its competitors did not, but Mr. Shrontz wanted higher returns. The airline industry was characterized by large cash outflows for R&D and manufacturing and long payback periods over long life cycles for each new airframe design. Companies had to have deep pockets to keep the operation going while waiting for a return on their investments. If Mr. Shrontz could increase the return on equity for Boeing, it would increase the likelihood of Boeing’s continued success well into the future.