The Flight Plan 2020 is there proclaimed blueprint for long-term success. American Airlines like to know the answer to the question why do we exist? And the simple answer will be to provide the best services to the airline transportation industry market (American Airlines Flight Plan 2020, 2012). The company always stays true to their core competencies. Which are to “Invest wisely, Earn Customer Loyalty, Strengthen and defend our Global Network, Be a good place for good people and to fly profitably.” (American Airlines Flight Plan 2020, 2012) They know they have to invest wisely because they need to have the adequate tools to get the job done and its visa versa they need special trained people in order to make the use of the equipment they have more efficient.
Human right issues are another global issue. Boeing Company believes that human resource is an important factor for the development of Boeing; people are Boeing’s most vital asset (Human Right, n.d.). Boeing attaches great importance to the safety and health of the working environment. The major concepts of human right have been included in the enduring values of Boeing Company. Boeing is committed to providing a good working environment to employees and looking forward to bringing other businesses to the concerns of human
(Forbes) The company also faces increased competition in the area of Information technologies, cyber security, global solutions and consistent cost cutting of the production. Lockheed has to consistently perform with high standards, advanced technologies better solutions and service for affordable prices. It is the challenge for the company to create affordable products and service and remain the high standards of the products and service offered. Currently, Lockheed shows superior performance with high standards focusing on affordability. Another challenge are the pension funds that are fully dependent on
It has recently productively accomplished the final goal of its Commercial Crew Integrated Capability (CCiCap) Space Act Agreement with NASA. Boeing is also providing air traffic management services to increase efficiency, capacity and safety of air transportation system. Boeing Capital Corporation is a global provider of financial solutions. ORGANIZATIONAL STRUCTURE: Boeing is using Matrix structure for the efficient working of company. Top supervisors make decisions for the company.
As a result of the events of Dremliner, Boeing has improved their supply chain management process by incorporating continuous improvement strategies and implementing ways to encourage open lines of communication amongst their supply base. Boeing 's supply chain management places emphasis on on-time deliveries and streamlining common standard processes across their suppliers. Boeing has developed several tool to not only monitor and audit the best practices and overall performance of the supplier, but aid in collaborative communication amongst their entire supply base. One of the issues with Dreamliner was the late involvement of Boeing 's awareness of supplier related isuses. To improve in this area, Boeing uses the Supplier Performance Measurement Report to monitor and measure the eperfomrance of their supply base with focuses on " first-time quality and drive long-term, systemic improvements".
The company’s ability and understanding of their organizational strategy and product development is key to the company’s profitability, if Boeing understands what the customer wants by performing primary and secondary research they can deliver an outstanding product that will allow for higher sales not only with the target delivery customer but future customers worldwide. Diversification of their products is another key market driver, if the products developed are successful and current customers are satisfied this enables Boeing to enhance their marketing strategy and diversify their inventory worldwide. Boeing at this
All these are done to fulfill an envisioned goal of being the company of people working togeth-er as a global enterprise for aerospace industry leadership. HOW DOES BOEING ATTAIN ITS OBJECTIVES? In order to successfully connect and protect people globally, Boeing first seeks to be the com-pany of people working together as a global enterprise for aerospace industry leadership. It seeks to deliver the best and safest air and space services to governments, companies, and people. And it achieves its objectives by implementing its strategies: • Operate as one Boeing, • Deliver customer value, • Lead with
The management information systems play a big role in business. Management information systems are providing accurate and up-to-date data and information and help the company to perform effectively and efficiently. The company has to make sure the management information system they choose is matching with their information’s format and the system has the features the company needs. Suitable management information systems can arrange the basic data available from the company operations and records into information or reports which is needed by the company. The world’s most popular airline, Air Asia is one of the airlines that apply management information system into their business.
The important reasons for merging is to cover the space in the company’s product, resources, extending market area and economies of scale, which the new combined entity will have when operated individually before. Economies of vertical integration helps to access significant control over the production process. Also through the new management, Operating profits can be raised by reducing wastages and redundancies from operations. Synergies are also an important reason for merging as the positive synergy could reduce the cost and drive up the revenues. In the merged firm, abundant skills and technology being pooled together and brings innovation in products and services.