The paradigm shift from an MBA becoming a degree for showing you are a connected, yet glorified project manager, to a Jack Welch disciple is astounding.
Why anyone would ever hire a pure MBA graduate is beyond me. Yes, please make my business a complete failure while extracting all the wealth for short term gains. This is amazing.
Oh I completely understand the why. Get a golden parachute in your contract, hire MBAs to cannibalise the company for short-term gains, then leave the company obscenely rich before the dumpster fire you created bites anyone in the ass. Rinse and repeat until you have all the money.
For Boeing’s execs, they just got caught before they could cut and run.