Globalization Bites Boeing
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Globalization Bites Boeing
Mission Statement
“People working together as one global company for Aerospace leadership.” It is a simple mission statement, to the point, yet covering everyone involved with the company. Boeing’s core values include leadership, integrity, quality, customer satisfaction, employees, good corporate citizenship, and shareholders. For some businesses, this mission statement is too broad to be effective, but in Boeing’s case, it is broken down to cover every aspect of the company.
“Satisfied customers are essential to our success. We will achieve total customer satisfaction by understanding what the customer wants and delivering it flawlessly.” Boeing does a great job of designing aircrafts that customers order, but the delivery dates seem to vary greatly from start to finish. Globalization brings more competitors to bid for contracts that equate to jobs and security.
“Our business must produce a profit, and we must generate superior returns on the assets entrusted to us by our shareholders. We will ensure our success by satisfying our customers and increasing shareholder value.” Boeing does produce a profit, and their stock has increased in value over the past years. Stockholders are compensated with ample dividend payments, currently forty cents per share.
“We recognize that our strength and our competitive advantage is, and always will be, people. We will continually learn, and share ideas and knowledge. We will encourage cooperative efforts at every level and across all activities in our company.” Depending on what level of an employee you are looking at, generally the management staff sustains established careers while the machine workers come and go with demand. Boeing employs more than 160,000 people across the United States and in 70 countries, of which, more than 83,800 hold college degrees in every business and technical field. Employees are provided a safe work environment and are encouraged to develop ideas and get involved with decision...
- Submitted by: hahasusie
- Date Submitted: 05/12/2008 05:39 PM
- Category: Business
- Words: 3190
- Pages: 13
- Views: 476
- Rank: 44398