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What program did Philip Condit introduce at Boeing?
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How did Philip Condit diversify Boeing's business?
Condit instead went looking for complementary matches to Boeing's core business of commercial aircraft.
When did Philip Condit start work at Boeing?
In 1965 Condit received an MS in aeronautical engineering from Princeton University and accepted a job at Boeing in Seattle.
What innovation did Philip Condit introduce at Boeing?
the replacement of models with computers, which reduced design costs and created parts that fit precisely. By using lasers to guide parts into place, Condit halved the number of workers required to assemble a fuselage.
How did Philip Condit save Boeing money?
Condit introduced numerous new manufacturing techniques and aircraft designs that later resulted in huge savings in manufacturing all of Boeing's aircraft.
What change did Philip Condit make at Boeing in 2001?
On March 12, 2001, Condit announced that he was moving Boeing's headquarters out of Seattle. He said he wanted to keep management out of day-to-day business operations
When did Philip Condit become chief executive officer of Boeing?
In April 1996 Condit became chief executive officer (CEO), replacing Frank Shrontz.
How did Philip Condit improve the assembly process at Boeing?
Condit studied Japanese automobile manufacturers, trying to imitate the efficiency with which Toyota and others manufactured soundly designed vehicles.
What is the best periodical source about Phil Condit?
Osterland, Andrew, "Philip M. Condit of the Boeing Company," Financial World, April 15, 1997, pp. 66-71.
What acquisitions did Philip Condit engineer?
He had Boeing buy Rockwell's space-related manufacturing business, and in December 1996 he engineered Boeing's takeover of McDonnell Douglas.
What new business did Philip Condit create at Boeing?
Since about 85 percent of the world's airliners had been built by Boeing, Condit began a new business dedicated to maintaining the aircraft for their owners, a business that had the potential to earn $74 billion a year.
Why was Philip Condit criticized by Wall Street analysts?
for Boeing's seeming to have overpaid for McDonnell Douglas and for Rockwell's space business, as well as for the falling value of Boeing's stock.
How did Philip Condit deal with the Boeing strike in 1995?
Condit put on his wool sweater and walked into the picket lines and talked with picketers. He helped to find compromises that brought the strike to an end, and he won the enduring respect of the union members and of Boeing's engineers as well.
