Thu, Jul 06, 2006
McNerney: It's His Job "To Keep Everybody Paranoid"
As Boeing CEO James McNerney gets
ready to celebrate one year in his new job... he seems to have a
pretty good handle on the gig by now.
"It's my job to keep everybody paranoid," he told the Associated
Press recently, in a half-joking reference to former Intel CEO Andy
Grove's statement that "only the paranoid survive."
That paranoia seems to be serving Boeing well so far. Its stock
has risen more than 30 percent in value since McNerney first took
over, after the resignation of Harry Stonecipher. And Boeing's new
787 Dreamliner is a hot-seller right now.
McNerney knows his tenure at Boeing is not likely to be
remembered for his FIRST year as chief, though... but rather the
years to come, and that's where it gets dicey.
The upcoming first flight of the Dreamliner may make or break
the company... especially if the composite-bodied plane doesn't
live up to expectations, or meet its production goals.
For that reason, McNerney says, he doesn't want Boeing employees
to start feeling "happy for ourselves... I want us to be striving
for more, no matter how successful we are."
Sounds like good advice.
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