Episode 143 -- The Boeing Safety Scandal and Demise of its Corporate Culture

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Corruption Crime & Compliance

Business


Boeing Airlines was the leader in safety and financial success.  Unfortunately, Boeing has suffered a significant fall from grace as a result of its 737 Max safety record and two devastating crashes in Indonesia and Ethiopia. The Boeing safety scandal has had a devastating impact on Boeing's performance and uncovered a corporate culture that has been obsessed with financial performance to the detriment of safety and respect for regulatory requirements. In this episode, Michael Volkov reviews the Boeing safety scandal and outlines some of the corporate culture issues.