Volume 04, Issue 9
The road ahead
Four initiatives aim to help Boeing boost productivity and drive future growth. Here's what they entail.
Growth. Productivity. Those two concepts help drive businesses such as Boeing to a brighter future. Jim McNerney, Boeing chairman, president and CEO, recently introduced four companywide initiatives intended to propel the company toward the twin goals of productivity and growth.
These long-term initiatives—Internal Services Productivity, Lean+, Global Sourcing and Development Process Excellence—are intended to help Boeing achieve ever-more-challenging operational and financial goals. Their individual impact is targeted primarily toward productivity, but the collective gains they realize also will enable growth.
"To be a successful company over the long term, we can't have one without the other. We must drive both. Most Boeing people can have a direct impact on productivity, and productivity frees up resources to invest in growth," McNerney said. "It's a productive embrace. The initiatives will help us capture leverage across the company and help us become greater than the sum of our parts."
As Boeing becomes more productive and grows, it becomes more valuable to its many stakeholders, such as its customers, its employees and communities, its shareholders, and the numerous constituencies that count on Boeing.
McNerney said he and the company's Executive Council chose to focus on these four initiatives because they leverage current internal excellence, present considerable opportunities for improvement in growth and/or productivity, and can help Boeing gain from applying both internal and external best practices. He added that the initiatives take advantage of Boeing's competitive strengths.
In this package of stories, each initiative's sponsor and leader explain
what their initiative is about.
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