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Our strategy to transform Boeing and bring a better balance to our portfolio is being validated by changes in our markets.  
  Strategic Approach
 
Key to that ability are three unifying mechanisms that drive essential technologies, common systems and processes, information and change throughout the company. The first, Boeing Phantom Works (see pages 26–27), our advanced research and development group, acts as a catalyst to rapidly propagate and disseminate advanced technologies and cost-saving processes across the enterprise. Second, Boeing Shared Services Group provides common infrastructure and processes that connect data and people, reduce costs, improve the environment, stimulate employees and protect people and products. For example, our e-commerce efforts are demonstrating solid opportunities for cost reduction. Third, process councils, representing all major functional areas (for example, engineering, supplier relations and people), reinforce the sharing of good ideas and best practices at multiple levels across the enterprise.
At the heart of the enterprise, integrating the efforts of the business units and support organizations, lies the corporate center. The success or failure of a company may come down to whether its corporate center adds — or subtracts — value. The mission of the corporate center at Boeing is to add value by unifying a diverse global enterprise and providing a focus to its efforts. We believe that with a compelling vision — and the unity that comes from strong leadership — our people will be able to achieve great things.
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