Bob's Gutsy Leadership Blog

Archive for October, 2019

Boeing: Ignoring Their #1 Promise to the Public!

Over the years, Boeing CEO’s have constantly stated publicly that Boeing has no higher priority than the safety of the flying public. As the details of the development of the company’s new 737 MAX aircraft become public, we are now seeing that internally, Boeing has had a very different #1 priority.

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WeWork – A Weak Business Model and Weaker Management!

From a tech perspective, the big news recently is the postponement of the WeWork IPO. Investors have become unnerved by deepening losses at the company, which last year bled $1.61 billion in red ink; nearly equal to its revenue of $1.82billion! While the company had been valued at $47 billion, based on the last cash infusion by Softbank, in recent days its underwriters settled on something closer to $15 billion. Not surprisingly, this led to the CEO/Co-Founder resigning but staying on as non-executive chairman.

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