Wednesday, October 7, 2009

Boeing's troubles.

The following is from an article in the Oct. 7th Seattle Times. In the news stands, it is the "above the fold" story.

Richard Aboulafia, an aviation analyst with the Teal Group, said the common denominators for the two delayed jet programs are a lack of adequate project-management expertise and a shortage of engineering resources.

"There were an awful lot of good people retired after 2000," Aboulafia said. "That, coupled with the decision to outsource major chunks of engineering requirements to suppliers and partners, seems to have resulted in a severe talent shortage and a loss of tribal knowledge."

The population is aging. The economy is in terrible condition. The problems with the “loss of tribal knowledge” is something interesting to be mindful of in the coming years as more and more people leave the workforce in every sector due to either retirement or layoffs.

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