The road ahead
Four initiatives aim to help Boeing boost
productivity and drive future growth. Here's what they entail.
Initiative:
Development Process Excellence
Objective: To improve the yield
of Boeing's research and development investments and the effectiveness
and productivity of development programs
FULL STORY >>
Initiative:
Lean+
Objective: To continue to build upon Boeing's already excellent
Lean practices by taking them to the next level in production areas
and moving them into offices and back shops
FULL STORY >>
Initiative:
Internal Services Productivity
Objective: To reduce indirect costs that
are centrally managed or embedded in the businesses, while improving
functional productivity
FULL STORY >>
Initiative:
Global Sourcing
Objective: To take greater advantage
of Boeing's economies of scale and move best practices farther into
the supply chain
FULL STORY >>
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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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