The great falls of Boeing, Intel, and Apple
11 hours ago
- #Business Decline
- #Engineering Culture
- #Corporate Leadership
- Great companies decline over ten years when led by CEOs without engineering or product backgrounds.
- Boeing's decline accelerated after 2005 with cost-cutting, leading to the 737 MAX tragedies.
- Intel stumbled after 2005 with delayed progress and no mobile strategy under non-engineer leadership.
- Apple, under Tim Cook, initially thrived but now faces issues like failed AI and Vision Pro.
- Profits remain from past successes, but innovation and soul are fading in these companies.
- Successful companies need hands-on, product-focused leaders to maintain their core strengths.