September 16, 2019

“For the past five months, a small committee of Boeing’s board has been interviewing company employees, safety experts and executives at other industrial organizations in an attempt to understand how the aerospace giant could design and build safer airplanes.
[…]
The recommendations will include that Boeing change aspects of its organizational structure, calling for the creation of new groups focused on safety and encouraging the company to consider making changes to the cockpits of future airplanes to accommodate a new generation of pilots, some of whom may have less training.”

New York Times
September 16, 2019

“Frustration with Boeing is mounting on Capitol Hill…Boeing [was invited] to testify at a House hearing, but…declined.”

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Reputation risk is the peril of angry disappointed stakeholders, such as regulators, and the economic costs arising.

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