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Chapter 692 Business Philosophy

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    After hearing what the Boeing CEO said, Talezzi was completely confused.

    If Zhuang Jianye¡¯s shamelessness made him feel that the world had become unusual, then the Boeing CEO¡¯s angry rebuke just now reshaped Talezzi¡¯s entire worldview.

    The rise in the stock price has nothing to do with him. Boeing builds and sells aircraft, not stock trading. For a mere 4.8% rise, let a liar who talks nonsense run rampant in the world?

    Even if Talezzi couldn't understand it, he couldn't understand it.

    There is no way around it. Talezzi is a typical technical management talent who has climbed up from the technical department step by step. Before becoming a Boeing manager, Talezzi also studied business management and macroeconomics courses at Wharton Business School, but he  What I accepted was the classic economic principles and business management concepts of the 1960s and 1970s.

    What we advocate is the so-called product first and customer first. The benchmark is the giants that emerged in Japan in the 1960s and 1970s and swept the world in the 1980s.

    Therefore, Talliqi¡¯s mind is full of how refined the product should be, how to balance performance and cost, how to create domestic and international value, and how to give customers the best experience.

    As for stock prices, capital, investment, etc., I can¡¯t say I know anything about it, but I can still be considered a rookie.

    "Talezzi didn't care either. He was engaged in the aviation manufacturing industry, and he was very different from finance. It didn't matter if he didn't understand. Anyway, he just built good airplanes.

    What surprised him was that the CEO of Boeing, who had only been in office for two years, had completely different ideas from his. This surprised Talezzi. Isn't it normal for Boeing's stock price to rise and fall?  Does the huge Boeing have to rely on this to make a living?  What a joke!

    Talezzi thought it was a joke, but the newly appointed Boeing CEO and the board of directors behind him thought it was no joke.

    Because in the late 1980s and early 1990s, giants represented by General Motors had quietly changed their business philosophy, from focusing on products and customer service to putting shareholder interests as their top priority.

    In other words, shareholders¡¯ profits are the starting point for all their decisions.

    Therefore, how to increase the stock price in a short period of time and how to make quick money and obtain higher-than-expected dividends have become the primary considerations for these business operators.

    In this regard, the CEO of General Motors is known as the god of management in the United States. The legendary CEO, Jack Welch, is the most outstanding one.

    Under his vigorous purges and reforms, General Motors gradually transformed from a manufacturing giant in the past into a financial company disguised as a manufacturing company.

    Relying on Wall Street, reducing R&D costs, increasing return on investment, reallocating assets, and aggressively buying back stocks to increase stock prices, and using a series of financial measures to boost GM's market value, within just ten years, GM's market value was as low as a donkey.  It turned over and soon became the number one in market capitalization.

    During this period, shareholders and Wall Street investors made a lot of money, and Jack Welch was promoted to the altar and officially became a god.

    "Boeing, McDonnell Douglas, Pratt & Whitney, Honeywell and other giants took a look at it and thought, "Holy shit, you can still play like this, so what are you waiting for? Just imitate it and you'll be done."

    Therefore, with the instigation of the shareholders behind the giants, the push of the CEOs' own interests, and the tireless encouragement of Wall Street, these giants quickly completed the transformation of their internal business philosophy and began to shift from prioritizing products and customers to shareholders and investors.  priority.

    Based on this, Boeing¡¯s 4.8% stock price increase is extraordinary. You must know that two consecutive air crashes this year caused Boeing¡¯s stock price to plummet like mercury, making Boeing¡¯s shareholders and the Wall Street capital behind it almost crazy.

    Now, Zhuang Jianye¡¯s words are like a blessing, directly causing Boeing¡¯s stock price to stop falling and rebound. Of course, shareholders and Wall Street investors must maintain this momentum and make a good profit by pulling up the stock price.

    What¡¯s more, for Boeing¡¯s long-term development, Zhuang Jianye¡¯s remarks are also a huge benefit.

    You must know that Boeing¡¯s biggest enemy is not McDonnell Douglas or Airbus, but the Federal Aviation Safety Board of the United States.

    Because every time Boeing develops a new model, it is always criticized by the Federal Aviation Safety Board. In many cases, due to the long and delayed review and evaluation by the Federal Aviation Safety Board, Boeing misses the best launch of new models.  The performance was very unsatisfactory.

    Because of this, Boeing has spent huge sums of money in recent years to hire lobbying groups to attack the government and Congress. In the name of reforming the Federal Aviation Safety Commission, it hopes to decentralize the review and evaluation power of aircraft models to enterprises.

    In other words, the athlete Boeing wants to be promoted to a referee, and he can play sports and be caught by the referee.

    ???????????????????The American elites who grew up through the brutal struggle of the Cold War still have some conscience. Although Boeing has spent a lot of money, the U.S. government and heavyweight members of Congress have never relented.

    The mother-in-law of the Federal Aviation Safety Commission still has to control Boeing, the pretty daughter-in-law who wants to cheat on her.

    Originally, Boeing wanted to fight a protracted war. Unexpectedly, except for the W Company¡¯s high-end aviation materials ¡°counterfeiting¡± incident, Boeing immediately realized that it had an opportunity to attack the evil mother-in-law, the Federal Aviation Safety Commission.

    But the problem is that it seems too unsightly for Boeing to rush forward with such shame. However, the "counterfeiting" of high-end aviation materials by W Company happened so quickly that Boeing was not prepared for a single white-glove vote. But at this time, Zhuang Jianye was there.  London began to attack the Federal Aviation Safety Board in front of many reporters, thereby establishing Boeing's authority in technical assessments.

    It¡¯s hard for Boeing to break its skin, but Zhuang Jianye and the Ascendas Group he controls can.

    "Because Ascendas Group itself is the main sufferer, it was blocked by Professor Leodorf's evaluation report. Of course, no matter how hard it is, it cannot be overstated.

    The rise in Boeing¡¯s stock price this time has a lot to do with this, because the market expects that the U.S. Federal Aviation Safety Commission¡¯s scandal in high-end aviation materials will further highlight Boeing¡¯s authoritative position in the entire aviation industry chain.

    As the U.S. election approaches in November, the two candidates have promised to reform the existing U.S. aviation management system. Therefore, there is a high probability that the U.S. Federal Aviation Safety Board will delegate the safety assessment of high-end aviation materials to powerful companies such as Boeing.  to streamline government agencies and further release the vitality of enterprises.

    Based on this analysis, Wall Street analysts predict that the rise in Boeing's stock will continue until the end of the U.S. election. If it meets market expectations, it will rise further.

    How will Boeing¡¯s CEO and the shareholders behind it react when they see such an analysis report?  Of course, I wish Zhuang Jianye could speak more with his open mouth.

    ??????????????????????????????????????????????????????????????????????????????????OUT????  I wish I could crawl along the phone line and strangle Talezzi to death to relieve my hatred.

    ¡­¡­

    "I cannot accept that a liar should be allowed to go unpunished for the sake of stock price. If you insist, then I will resign!" After another argument with Boeing's CEO, Talezzi directly resorted to resigning.

    However, the next moment Talezzi was surprised to find that his ever-unfailing threats to resign were useless, because Boeing¡¯s CEO seemed to be waiting for him to say this:

    "Yes, you can leave now. An email from the board of directors approving your resignation will be sent to your email address later."

    If you like Soar My Aviation Age, please collect it: Soar My Aviation Age is updated the fastest.  (Remember the website address: www.hlnovel.com
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