#737max — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #737max, aggregated by home.social.
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https://www.europesays.com/africa/217851/ Boeing faces civil trial in Ethiopia over 737 MAX crash #737MAX #AddisAbaba #Boeing #Ethiopia #EthiopianAirlines #SamyaStumo #ThinkWell
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https://www.europesays.com/africa/217725/ Boeing faces civil trial over 737 MAX crash #737MAX #Boeing #Ethiopia #EthiopianAirlines #HealthCare #LionAirCrash #MichaelStumo #PatrickTFallon #PublicHealth #SamyaStumo #ThinkWell
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https://www.europesays.com/africa/156583/ Air Algérie Boosts Fleet with Ten Boeing 737 MAX Jets in Strategic Expansion Effort in Algeria: Everything You Need to Know #737MAX #Africa #AirAlgérie #AirlineNewsInAfrica #Algeria #Algiers #Boeing #lgeria
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Boeing is poised to report its highest aircraft deliveries since 2018, signaling a strong recovery under CEO Kelley Otteberg, with renewed market confidence and robust order momentum, despite ongoing certification challenges for new models.
#YonhapInfomax #Boeing #AircraftDeliveries #KelleyOtteberg #737Max #Profitability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99344 -
Boeing is poised to report its highest aircraft deliveries since 2018, signaling a strong recovery under CEO Kelley Otteberg, with renewed market confidence and robust order momentum, despite ongoing certification challenges for new models.
#YonhapInfomax #Boeing #AircraftDeliveries #KelleyOtteberg #737Max #Profitability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99344 -
Boeing is poised to report its highest aircraft deliveries since 2018, signaling a strong recovery under CEO Kelley Otteberg, with renewed market confidence and robust order momentum, despite ongoing certification challenges for new models.
#YonhapInfomax #Boeing #AircraftDeliveries #KelleyOtteberg #737Max #Profitability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99344 -
Boeing is poised to report its highest aircraft deliveries since 2018, signaling a strong recovery under CEO Kelley Otteberg, with renewed market confidence and robust order momentum, despite ongoing certification challenges for new models.
#YonhapInfomax #Boeing #AircraftDeliveries #KelleyOtteberg #737Max #Profitability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99344 -
Boeing advances 737 Max 10 into next phase of FAA flight testing
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Alaska Airlines pilot Brandon Fisher has sued Boeing, alleging the company tried to shift blame onto the flight crew after the 737 Max 9 blowout. https://english.mathrubhumi.com/news/world/alaska-airlines-pilot-sues-boeing-over-door-plug-blowout-incident-tg4eaup0?utm_source=dlvr.it&utm_medium=mastodon #Boeing #737Max #AlaskaAirlines #AviationSafety
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Alaska Airlines pilot Brandon Fisher has sued Boeing, alleging the company tried to shift blame onto the flight crew after the 737 Max 9 blowout. https://english.mathrubhumi.com/news/world/alaska-airlines-pilot-sues-boeing-over-door-plug-blowout-incident-tg4eaup0?utm_source=dlvr.it&utm_medium=mastodon #Boeing #737Max #AlaskaAirlines #AviationSafety
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Alaska Airlines pilot Brandon Fisher has sued Boeing, alleging the company tried to shift blame onto the flight crew after the 737 Max 9 blowout. https://english.mathrubhumi.com/news/world/alaska-airlines-pilot-sues-boeing-over-door-plug-blowout-incident-tg4eaup0?utm_source=dlvr.it&utm_medium=mastodon #Boeing #737Max #AlaskaAirlines #AviationSafety
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NTSB: ATC told United 737 MAX 8 to “keep your speed up” before March 2024 Houston runway excursion
- By Howard Hardeehttps://www.flightglobal.com/safety/houston-atc-told-united-737-pilots-to-keep-your-speed-up-before-runway-excursion/165824.article
More: https://hype.aero/coverage/aviation-accidents-and-incidents/?story=855cdb51-bf96-4475-bb40-257999a8f202
#united #unitedairlines #b737 #boeing #ntsb #737max #aviation -
Boeing to raise 737 production to 47/month by mid‑2026 to tackle multi‑year backlog
- By Luke Diazhttps://simpleflying.com/boeing-increase-monthly-737-max-production-47-aircraft-2026/
More: https://hype.aero/coverage/aircraft-manufacturing-oems/?story=ed7118e7-a563-40d4-b512-48553d9d1773
#boeing #737max #aviation -
Fiji Airways to launch Gold Coast–Nadi nonstop from 11 June 2026 — thrice‑weekly on 737 MAX 8 with North America connections
- By Jean Carmela Limhttps://www.aerotime.aero/articles/fiji-airways-to-launch-direct-gold-coast-nadi-flights-with-boeing-737-max-8
More: https://hype.aero/coverage/routes/?story=13cc1f04-e59f-4e80-b8e1-0d4225b4621e
#b737 #boeing #fiji #fijiairways #737max #aviation -
Ryanair 737-8 MAX engine shut down after cockpit sun visor detaches shortly after Krakow departure
- By Stephen Popehttps://www.aerotime.aero/articles/milan-bound-737-max-engine-shutdown-sun-visor
More: https://hype.aero/coverage/aviation-accidents-and-incidents/?story=f7b1cb0e-27bc-438c-824b-38a17cfe63c7
#ryanair #b737 #boeing #cockpit #737max #aviation -
FAA to review Boeing's proposed cockpit alerting changes for 737 MAX 10
https://www.reuters.com/business/aerospace-defense/faa-review-boeing-cockpit-alerting-system-max-10-2025-12-12/
More: https://hype.aero/coverage/aviation-safety-regulation/?story=4d0819d6-e610-4396-b294-6dd372b02475
#b737 #boeing #cockpit #737max #faa #aviation -
Former FAA acting chiefs say Boeing's 737 MAX 'hangover' is over
https://leehamnews.com/tag/dan-elwell/
More: https://hype.aero/coverage/aviation-safety-regulation/?story=4c13102e-2d70-4e6b-9de7-727fe8c5a240
#737max #boeing #aviation -
Boeing’s “hangover” of the MAX is over, says former acting FAA administrator who dealt with crisis
- By Scott Hamiltonhttps://leehamnews.com/2025/12/03/boeings-hangover-of-the-max-is-over-says-former-acting-faa-administrator-who-dealt-with-crisis/
More: https://hype.aeroNone
#737max #boeing #aviation -
Flybondi commits $1.7B for 20 A220-300s and 15 Boeing 737-10s; deliveries begin 2027
- By Pablo Diazhttps://www.aviacionline.com/english/commercial-aviation/latin-america-and-caribbean/flybondi-announces--1-7-billion-investment-for-airbus-a220-and-boeing-737-max-10-fleet_a692ef7d51d1c6929ea1c4f9c
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=845ae18c-f84d-4140-9132-3511de9550e7
#737max #a220 #b737 #boeing #airbus #aviation -
Aerolíneas Argentinas to self‑fund 18 new jets — 4 A330neo and 14 Boeing 737 MAX‑9/10
- By Pablo Diazhttps://www.aviacionline.com/english/commercial-aviation/aerolineas-argentinas-adds-four-airbus-a330neo-and-14-737-max-9---10-in-self-financed-fleet-plan_a6928c1e7714f61d9c31aa655
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=54533d6b-38b8-4ee1-8009-d131032f3b6d
#airbus #737max #aviation -
Boeing's 'War on Defects': Two Years After 737 MAX Panel Failure, Company Ramps Up Inspections
- By Niraj Chokshihttps://www.nytimes.com/2025/11/25/business/boeing-737-max-factory.html
More: https://hype.aero/coverage/aircraft-manufacturing-oems/?story=ed479057-f579-425e-84f6-f97a3bb6300b
#boeing #737max #aviation -
Thai VietJetAir takes delivery of first Boeing 737‑8, to enter service in December
- By Alfred Chuahttps://www.flightglobal.com/airlines/vietjet-thailand-receives-first-boeing-737-max-8/165460.article
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=cc822d06-fee9-4408-b834-7a5701aef7a1
#boeing #737max #b737 #aviation -
Air Canada to keep premium cabin option as Rouge converts to 737 MAX
- By Seth Millerhttps://paxex.aero/air-canada-rouge-737max-configuration/
More: https://hype.aero/coverage/airline-industry-market-trends/?story=f2a51713-be92-41c3-992e-70fc07b712c3
#aircanada #737max #aviation -
WestJet still expects first Boeing 737 MAX 10 delivery by end-2026, pending U.S. approval
- By JCC; Ricardo Meierhttps://www.airdatanews.com/westjet-still-believes-it-will-receive-its-first-boeing-737-max-10-by-the-end-of-2026/
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=5d5d9034-b61d-4ed2-8c42-739ce47ae949
#737max #westjet #b737 #boeing #aviation -
Ethiopian orders six A350-900s, after committing 11 737 MAX at Dubai Airshow
- By Lorne Philpot Novhttps://airwaysmag.com/new-post/ethiopian-orders-six-airbus-a350-900
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=6bb8ab6e-9085-4578-b225-5cb68bdc4790
#airbus #737max #ethiopian #a350 #aviation -
AerCap leases three 737‑8 MAX and two 737‑800NGs to South Africa's FlySafair
https://www.aercap.com/news-media/press-releases/detail/616/aercap-signs-lease-agreements-for-three-new-boeing-737-max
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=29a44313-df59-4edb-b608-9e9535a8fbb0
#b737 #dubai #737max #aercap #boeing #aviation -
Boeing secures largest-ever Senegal deal as Air Senegal orders nine 737 MAX jets
- By Ian Molyneauxhttps://www.aerotime.aero/articles/boeing-agreement-air-senegal-nine-737-max-jets-dubai-airshow
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=cec8260d-b9f6-4431-8b12-7d65f6633160
#737max #boeing #aviation -
Ethiopian Airlines orders 11 Boeing 737 MAX 8s at Dubai Airshow, expands MAX fleet to 33
https://boeing.mediaroom.com/2025-11-17-Ethiopian-Airlines-Commits-to-Order-11-Boeing-737-MAX-Airplanes
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=a22c081d-4725-4208-bc32-e886534326df
#737max #ethiopian #boeing #b737 #aviation -
Boeing launches 737 MAX Virtual Airplane procedures trainer; first PC and iPad module released
- By Charlotte Baileyhttps://www.ainonline.com/aviation-news/air-transport/2025-11-15/boeing-launches-virtual-airplane-procedures-trainer
More: https://hype.aero/coverage/flight-simulation/?story=92a2acb1-8450-4f72-a7eb-87b89fa7d30b
#737max #boeing #aviation -
Families appeal dismissal of DOJ criminal fraud case against Boeing over 737 MAX crashes
- By Jon Hemmerdingerhttps://www.flightglobal.com/crash-victims-attorneys-appeal-dismissal-of-boeing-criminal-case/165310.article
More: https://hype.aero/coverage/aircraft-manufacturing-oems/?story=31aba485-c558-4f4a-a53a-3b8eece1b2b7
#737max #boeing #aviation -
FAA clears Boeing to raise 737 MAX rate to 42/month, straining cockpit avionics supply
- By John Persinoshttps://www.aviationtoday.com/2025/11/13/maxed-out-how-boeings-production-boost-could-rewire-cockpits-and-avionics-trends/
More: https://hype.aero/coverage/aircraft-manufacturing-oems/?story=d8c6c3a5-6bfe-457b-8bfa-56157a57aaca
#avionics #faa #737max #boeing #cockpit #aviation -
737-MAX-Absturz: Boeing muss Opferfamilie 28 Millionen Dollar zahlen
Die UN-Mitarbeiterin Shikha Garg kam vor mehr als sechs Jahren beim Absturz einer Boeing 737 MAX in Äthiopien ums Leben. Eine US-Jury hat ihrer Familie nun mehr als 28 Millionen Dollar Entschädigung zugesprochen.
#Boeing #737MAX #Absturz #Flugzeug #Entschädigung #Jury #Gericht
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Federal jury awards $28M to family of UN consultant killed on Ethiopian Airlines Flight 302 (Boeing 737 MAX)
https://apnews.com/article/boeing-crash-lawsuit-737-max-ac57501738dc21590325e95e3301b6fe
More: https://hype.aero/coverage/aircraft-manufacturing-oems/?story=a2e1b6da-1d86-4b44-80f0-8f628e77d9b2
#737max #b737 #boeing #aviation -
TUI airline chief cites 'significant improvements' at Boeing as 737 MAX deliveries pick up
- By Lewis Harperhttps://www.flightglobal.com/airlines/tui-airline-chief-cites-significant-improvements-at-boeing/165240.article
More: https://hype.aero/coverage/aircraft-orders-and-deliveries/?story=aaf40f06-99f2-4ad0-90c4-7fd77290e607
#737max #boeing #aviation -
Boeing overhauls 737 MAX avionics to restore regulator and airline confidence
- By John Persinoshttps://www.aviationtoday.com/2025/10/16/boeing-bets-big-on-avionics-to-rebuild-max-confidence/
More: https://hype.aero/coverage/aircraft-manufacturing-oems/?story=9cf2057d-ce1f-4b4d-8a0e-a575b1b5a594
#737max #boeing #avionics #aviation -
🚀🛬 Oh, look! Boeing's finally realized their planes shouldn't land themselves without permission.👏 Instead of fixing the 737 Max, they're distracting us with promises of a shiny new toy. ✈️ Because who needs #accountability when you can just start over, right? 🙄
https://www.wsj.com/business/airlines/boeing-has-started-working-on-a-737-max-replacement-40a110df #Boeing #737Max #NewTechnology #AviationNews #SafetyFirst #HackerNews #ngated -
Boeing accused of relying on 'crappy stuff' from subcontractor after 737 MAX 9 mid-air blowout | US News | Sky News
https://news.sky.com/story/boeing-accused-of-relying-on-crappy-stuff-from-subcontractor-after-737-max-9-mid-air-blowout-13045085#Boeing
#737Max
#737Max9
#Subcontractor
#CrappyStuff
#PoorQualityParts
#DoorPlug
#AlaskaAirlines
#DoorPlugBlowOut
#BlowOut
#Spirit
#Cheap
#UnitedAirlines
#ProductIntegrity
#ProductQuality
#FederalAviationAgency -
Boeing accused of relying on 'crappy stuff' from subcontractor after 737 MAX 9 mid-air blowout | US News | Sky News
https://news.sky.com/story/boeing-accused-of-relying-on-crappy-stuff-from-subcontractor-after-737-max-9-mid-air-blowout-13045085#Boeing
#737Max
#737Max9
#Subcontractor
#CrappyStuff
#PoorQualityParts
#DoorPlug
#AlaskaAirlines
#DoorPlugBlowOut
#BlowOut
#Spirit
#Cheap
#UnitedAirlines
#ProductIntegrity
#ProductQuality
#FederalAviationAgency -
Boeing accused of relying on 'crappy stuff' from subcontractor after 737 MAX 9 mid-air blowout | US News | Sky News
https://news.sky.com/story/boeing-accused-of-relying-on-crappy-stuff-from-subcontractor-after-737-max-9-mid-air-blowout-13045085#Boeing
#737Max
#737Max9
#Subcontractor
#CrappyStuff
#PoorQualityParts
#DoorPlug
#AlaskaAirlines
#DoorPlugBlowOut
#BlowOut
#Spirit
#Cheap
#UnitedAirlines
#ProductIntegrity
#ProductQuality
#FederalAviationAgency -
Boeing accused of relying on 'crappy stuff' from subcontractor after 737 MAX 9 mid-air blowout | US News | Sky News
https://news.sky.com/story/boeing-accused-of-relying-on-crappy-stuff-from-subcontractor-after-737-max-9-mid-air-blowout-13045085#Boeing
#737Max
#737Max9
#Subcontractor
#CrappyStuff
#PoorQualityParts
#DoorPlug
#AlaskaAirlines
#DoorPlugBlowOut
#BlowOut
#Spirit
#Cheap
#UnitedAirlines
#ProductIntegrity
#ProductQuality
#FederalAviationAgency -
Boeing accused of relying on 'crappy stuff' from subcontractor after 737 MAX 9 mid-air blowout | US News | Sky News
https://news.sky.com/story/boeing-accused-of-relying-on-crappy-stuff-from-subcontractor-after-737-max-9-mid-air-blowout-13045085#Boeing
#737Max
#737Max9
#Subcontractor
#CrappyStuff
#PoorQualityParts
#DoorPlug
#AlaskaAirlines
#DoorPlugBlowOut
#BlowOut
#Spirit
#Cheap
#UnitedAirlines
#ProductIntegrity
#ProductQuality
#FederalAviationAgency -
Families of Indonesian Lion Air #crash #victims say proposed #Boeing deal not ‘true #justice’
" #US #prosecutors filed #court documents on Friday outlining a tentative #agreement that would shield the #American #aircraft manufacturer from #criminal prosecution over allegations it #misled #regulators about #flaws in the Boeing #737Max, the model involved in two crashes that #killed 346 people.. raises serious questions abt the #integrity of the criminal #justicesystem"
1/2
https://www.scmp.com/week-asia/economics/article/3312010/families-indonesian-lion-air-crash-victims-say-proposed-boeing-deal-not-true-justice -
Another aspect of debt,
considered as an information technology,
is that if affects the information environment of the borrower.If you are managing a company which has borrowed money,
making your payments becomes one of the survival conditions for that company.At low levels of debt, generating short term cash flow is one priority among others,
but for a highly indebted company it becomes a signal which swamps all others.You might want to change the world, but if you don’t meet the coupon payments, you’ll never get the chance to see if your other strategic priorities would have worked.
Consequently, a company with lots of debt cannot help but have a bias toward the short term.
Which might be considered problematic,
as the last few decades in the Western capitalist world have seen the rise of an industry
(leveraged buyouts, or “private equity”)which has made it part of its fundamental operating strategy to load companies up with debt.
Considered in this light, debt is a technology of control as well as of information
– it’s a means of exerting discipline on management teams who might otherwise be tempted to follow priorities other than short-term financial returns.This is, as far as I can tell, the real meaning behind the populist critiques of “#financialisation” in the economy.
There’s really nothing particularly bad about the growth of the financial sector,
even to the extent that it’s outstripped the growth of the “real” economy.Quite simple mathematics ought to be enough to convince us that as the economy grows,
the number of links and relationships between producers, consumers and investors will grow at a faster rate,
and so you’d expect the parts of the economy in which decision making and information processing take place to grow faster than the “real” economy.It’s the same logic by which the brains of primates take up proportionally more energy than those of rodents;
finance is part of the real economy, just like the cerebellum is a real organ.
What’s bad about “financialisation” is neither more nor less than the over-use of debt.
Modern corporations do often behave badly,
and they make systematically worse decisions than they used to,
this isn’t a delusion of age.They do this partly because they have outsourced key functions
(cutting themselves off from important sources of information),and partly because their priorities are warped by the need to generate short term cash flow.
Both of these problems can in large part be traced back to the private equity industry,
working either as a direct driver of excess leverage,
or as a constant threat which makes managers behave as if they were already subject to its discipline.#Management #science and #cybernetic #history is all about things which began as solutions,
💥then turned into problems because the world changed.Once upon a time, back in the 1970s,
private equity and LBOs were the solution to a problem of lazy, sclerotic incumbent management teams,
self-dealing and failing to make tough decisions.But it’s now the 2020s, and private equity may itself be the biggest problem in our global information processing system.
The way that corporate history progresses is that we try to keep up with the ever-increasing complexity of the world,
♦️and then when this is no longer possible, we have a crisis and reorganise.We’ve had the crisis
– or perhaps we are still going through it
– and now it’s time to think about how to reorganise.(3/3)
https://www.amazon.com/stores/Dan-Davies/author/B07DGHPV6F
#debt #information #technology #criminogenic #organisation #Stafford #Beer #Barry #Clemson #accountability #sink #Boeing #737MAX #Boeing #merger #McDonnell #Douglas #engineering #culture #cost #control #Ricardian #Fallacy #hard #data #culture #best #practice
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It’s really striking to compare the two big crises of the last two decades.
The Global Financial Crisis beginning in 2007 was purely a matter of book entries in computers.
No actual physical capital was destroyed, nobody died.
By contrast, the COVID-19 pandemic beginning in 2020 was a massive blow to productive capacity
– millions of people died,
buildings were rendered unusable.But it was the first of these two crises that led to massive scarring and a prolonged global recession, not the second.
Why?
It might be said that the reason why is that if you consider the world economy as an organism,
the pandemic attacked its muscles and sinews
while the financial crisis attacked its brain.The global financial services industry is a crucial part of the distributed decision-making system of the world,
and its core component is a very old, but still surprisingly poorly understood technology
called #debt.In the strictest, purest sense,
debt is an “#information #technology”– it’s one of the mechanisms human beings have invented to handle information.
By structuring an investment in someone else’s project as a debt,
you immediately reduce the space of possible outcomes to two
– you get paid back, or you don’t.There are a lot of other information-processing techniques that banks and investors use,
from statistical credit scoring to modern portfolio theory,
but this is the big one.It allows a modern bank to keep track of vastly more financial investments than would ever have been possible for a medieval merchant in the first days of double-entry book-keeping.
Rather than having to preserve face-to-face relationships with every single borrower,
you can rely on the fact that 99% of mortgage loans get paid back in full and on time,
and concentrate your attention on managing the 1% of cases where something goes wrong.🔥The trouble is that if you build a business on this basis, what happens when it turns out that there’s a small variance❓
Unfortunately, a small variance in the proportion of good loans from 99% to 97% means a tripling in the number of bad loans❗️
and consequently a huge excess load on the systems that are meant to deal with them.
Faced with this massive cognitive overload,
the system froze.And even more unfortunately,
in a world in which trillions of dollars need to be rolled over and refinanced every day,
the one thing that the financial sector cannot do is stop for a moment to regain its bearings.If information processing was free and the bankruptcy process frictionless,
the Global Financial Crisis would have been over in a month.As it was, all the information which had been attenuated by the use of multiple layers of secured debt came back,
suddenly unattenuated and needing to be dealt with.That’s the “cybernetic history” of the debt crisis which I outline in my book,
and I think it’s a useful alternative perspective to the economic one,
and one which makes it more comprehensible that a relatively small market for synthetic CDOs turned into a continental crisis.But this might not even have been the most pernicious use of debt seen in our lifetimes.
(2/3)
https://profilebooks.com/work/the-unaccountability-machine/
#criminogenic #organisation #Stafford #Beer #Barry #Clemson #accountability #sink #Boeing #737MAX #Boeing #merger #McDonnell #Douglas #engineering #culture #cost #control #Ricardian #Fallacy #hard #data #culture #best #practice
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More from Dan Davies:
About five years ago, I started to get very interested in an obscure subject called “#management #cybernetics”.
It was a product of the technological dreamscape of the 1960s and 70s;
after the invention of the computer, but before it became ubiquitous,
in a period when there was room for speculation about how the new world of artificial intelligence would change our world.I had just finished my previous book
(Lying for Money: How Legendary Frauds Reveal the Workings of the World),
and was keen to say a bit more about how organisations go wrong.It seemed to me that it might be possible to expand the concept of a “#criminogenic #organisation”
(one where the incentives structurally produce illegal behaviour)
to a more general 🔸“bad-decision-o-genic organisation”.And furthermore, that the weird mixture of pure mathematics, philosophy, accountancy, physics and economics that came together in the work of now-forgotten management gurus like #Stafford #Beer and #Barry #Clemson might be the way to think about it.
What do bad decision-making organizations have in common❓
Quite a few things,
but one of the clearest signs is something you might call an “#accountability #sink”.This is something that might be familiar to anyone who has been bumped from an overbooked flight.
There is no point getting angry at the gate attendant;
they are just implementing a corporate policy which they have no power to change.But nor can you complain to the person who made the decision
– that is also forbidden by the policy.The airline has created an arrangement whereby the gate attendant speaks to you with the voice of an amorphous algorithm
-- but you have to speak back as if to a human being like yourself.The communication between the decision-maker and the decided-upon has been broken
– they have created a handy #sink into which #negative #feedback can be poured without any danger of it affecting anything.⚠️This breaking of the feedback links is, I think, one of the most important things that has happened to large organisations
– banks, but also large corporations and government departments
– over the last fifty years.In most cases, it’s not been carried out purely as a responsibility-dodging exercise,
or as part of a conscious effort to make things worse.That has happened, on occasion,
but for the most part, after spending a lot of time looking into examples,
I concluded that feedback links were being broken simply because 💥they had to be.The world keeps growing and getting more complicated,
which means that individual managers gradually become overwhelmed;the problem of trying to get a sensible drink from the firehose of information that pours into any large organisation every day has become unbearable.
And this is why institutions have started ❌ delegating decisions to systems
– credit scoring algorithms, regulatory risk weighting formulas
and the like.As well as allowing decision-making to be automated and industrialised,
they provide a psychological defense system,
👉preventing individual human beings from the consequences of having to make a decision and own it.Most of the time, these systems work well.
But when they break down, the consequences can be spectacular.
Because every such algorithm or rulebook is, implicitly, based on a #model of the thing they’re meant to govern.
And every such model is capable of failure.
And when something comes along that’s outside the model
– like, for example, a sustained nationwide fall in US house prices
– you end up in a situation where literally nobody knows what to do.(1/3)
https://www.netinterest.co/p/decisions-nobody-made@pluralistic
#Boeing #737MAX #Boeing #merger #McDonnell #Douglas #engineering #culture #cost #control #Ricardian #Fallacy #hard #data #culture #best #practice -
Dan Davies:
These thoughts struck me while listening to the ** Odd Lots podcast on Boeing,
which I thoroughly recommend.The #Boeing #737MAX is one of the core case studies in
"The Unaccountability Machine" (you can buy it now!),because it’s a really graphic example of 💥a decision-making system which generated an awful result -- ⚠️without any identifiable natural person being responsible for it.
The Odd Lots episode, focuses on #Boeing's 1997 #merger with #McDonnell #Douglas as the inflection point in Boeing’s history.
♦️This caused a thorough cultural change from Boeing’s historical “#engineering #culture” -- based on ❇️getting things right and doing what was needed,
♦️to something more in tune with the Jack Welch / Shareholder Value spirit of the times,
🆘focused on #cost #control and "return on investment".It's kind of odd, though.
Boeing was the acquirer and the larger company;
McDonnell was actually not in that great shape;
it had a good defence business but a bad civilian aircraft business;
in fact, one of the attractions for Boeing was that McDonnell had spare factory capacity that it could use to accelerate its own overflowing order book.As you’d expect from a company run along financial lines, it was quite indebted too.
So why was it McDonnell’s culture that became dominant?❓
⬇️ Let’s take a step back into economics.
Joseph Schumpeter identified something he called “The #Ricardian #Fallacy”.
This is the tendency of economists to 🔹build a theoretical model,
🔹solve the model
and then 🔸act as if they have solved the problem in the real world.To an extent, this isn’t particular to economists
– it’s the nature of modelling that having made a representation of reality specifically in order to attenuate its complexity and make a problem manageable,
--⭐️ you don’t then go back and unattenuate it.But bearing that in mind, the Ricardian Fallacy then interacts with another thing that economists do;
--⭐️ they collect data.Data gathering is almost never a neutral activity;
it takes place within a theoretical framework.And what this means is that if the system for gathering, classifying and tabulating the data was designed by people who had a particular model,
👉then the data will most likely support that model.Everything which is part of the model will be well-verified, data-driven, empirically based and so on.
Everything which isn’t part of the model will be handwavey, subjective, “hard to quantify” and other synonyms for “probably special pleading and made up”.
In the book, I have a subsection called “How Ricardians Win Arguments”
and this is how:
– they collect the data.⬆️ Returning from the digression,
the important thing to understand is that the financial accounts are a model of the business.They incorporate a lot of assumptions, of which perhaps the least analysed but most important one is “the financial year is a meaningful time period for this process”.
Some things appear in the accounts, and they are the things which can be backed up with numbers.
Other things don’t, and therefore they can’t.
(Or best case, they can only be backed up with ad hoc, unaudited numbers which everyone will be suspicious of).💥I think that’s one of the deep causes of what went wrong in Boeing;
♦️the McDonnell-Douglas executives were the ones who could back up their business cases with a ream of #hard #data.
♦️The legacy Boeing executives were left talking about #culture and #best #practice and all sorts of soft-sounding things that were hard to put into a model.⚠️The Ricardians won the argument, and 🔥the disastrous decisions turned out to have been made without anyone realising they were making them -- when they decided to use the financial reporting system as a tool of management
(0/3)
https://backofmind.substack.com/p/how-the-wrong-side-won-at-boeing** Odd Lots Podcast
https://podcasts.apple.com/us/podcast/the-moment-that-boeings-culture-started-to-rot/id1056200096?i=1000642200497 -
Just uploaded three new videos on my YouTube Channel from my Planespotting from our hotel pool.
https://www.youtube.com/channel/UC-1CT3jUtyAlWWqDNhITKmQ
#aviation #youtube #lufthansa #smartwings #enterair #boeing #737 #737max
