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Boeing’s Risk-Taking Culture and Ford’s EV Skunkworks: IndustryWeek’s Weekly Reads

June 21, 2024
Also, Musk’s big payday and hot numbers in industrial production.

Big manufacturing names that grabbed attention in this edition of IndustryWeek’s Weekly Reads include Boeing, Ford, Fisker and Tesla. Reasons varied from a big CEO payday in Tesla’s case to a Chapter 11 bankruptcy filing for EV car producer Fisker.

However, those weren’t the sole topics of interest, as indicated by this list of the Top 10 most-consumed content over the past seven days.

Quality Failed Boeing, Not the Other Way Around. Here's Why: Boeing has a deeper problem than reduced inspections: It lacks a risk-management culture.

Mexico Has a New President: What Does Sheinbaum’s Election Mean for US Manufacturing? Outgoing President Andrés Manuel López Obrador’s term was marked by rapid growth and enhanced trade in North America. Can the economic expansion continue?

Ford CEO on Clearer EV Priorities, Supplier Changes and a ‘New Global Standard of Fitness’: Jim Farley spoke recently with two Bernstein analysts about cost controls and how Ford’s skunkworks’ need to do things differently ‘was actually not something to celebrate.’

Fisker Files for Chapter 11 Bankruptcy: The company’s only product, the Fisker Ocean, has been plagued with problems since its release.

Getting Onto a Board of Directors: How to Take Your Leadership Skills to the Next Level: Six tips for becoming boardroom-ready.

Developing Problem Solvers for Operational Excellence: GE Healthcare’s Sarah Tilkens shares some thoughts on problem solving in advance of her presentation at the IndustryWeek Operations Leadership Summit this month.

A Thoughtful Safety Program Won’t Save a Thoughtless Culture: A survey of 230 manufacturers shows a strong correlation between safety and organizational excellence.

Tesla Shareholders Back Huge Payout for CEO Musk, Company Says: Analysts said passage of the compensation package will likely ensure Tesla continues to be led by Musk.

Manufacturing Execution Systems Create Quality Employees: Confident operators are just as important as optimized workflows and performance analysis for line efficiency and quality products.

US Industrial Production Comes in Hot in May: Industrial production rose by 0.9% in May from a month earlier, the Fed said in its latest report, significantly higher than the monthly gains seen in both March and April.

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