paytm made in india, paytm made for india, paytm fucked retail investors of india, paytm makes fun of their users by not giving cash rewards which they won blah blah bla.... BTW Ganesh will you please ask Mr. Sharma that how did he feel when RBI gives him a HARDCORE moment
𝙐𝘼𝙉𝙂 𝘿𝙀𝙋𝘼𝙍𝙏𝙀𝙈𝙀𝙉 𝙋𝙍𝙊𝙔𝙀𝙆 𝙆𝙊𝙈𝙀𝙍𝙎𝙄𝘼𝙇 Perkenalkan diri Saya Heri Widodo penemu konsep Uang Departemen Proyek Komersial yang disingkat UDPK. Saya mensosialisasikan konsep UDPK ini kepada seluruh Rakyat Indonesia untuk merekomendasikan kepada Bapak Presiden Terpilih untuk menerapkannya dalam sistem perekonomian negara Indonesia dengan tujuan kemandirian ekonomi. Saya yakin bahwa negara Kita akan menjadi salah satu negara dengan perekonomian terbaik dunia dan Saya yakin sistem ekonomi Kita akan menjadi percontohan ekonomi negara-negara lain. Untuk diketahui perihal konsep UDPK ini Saya sampaikan dalam bentuk kumpulan tulisan inti ilmu.
I am a Professor (aged 50) in one of the Government Engineering Colleges and my son had once asked me to watch your channel. Since last 3 months I have been watching your videos and I must say that the way in which all the facts and figures are presented in each and every video by carrying out in-depth analysis is really commendable. I would recommend your channel to my students too. Keep up the good work. 👍
@@finnishgovernment2583 You must read the article published in The Economist on the same topic this spring. Surprisingly, it has the same facts and conclusions at the end. I hold a rater senior research engineering position in a huge tech company, and I clearly see how my company is drifting exactly in Boeing's direction. Laying off engineers is the primary trend in many MBA-driven companies these days. Pure PowerPoint business.
As someone who is working with Boeing Business stakeholders for 4 years to implement Sourcing, Contracting and Proposal Management solution, i found this very striking and insightful. Once again, very well done Ganesh.
Hey...are u at Boeing GCC at Bangalore? I hv implemented sourcing & contacting solutions for cos like Unilever, Reckitt etc... Wanted to check if Boeing hiring within the S2P domain ?
The US military has the same problem. The people in charge are highly educated, self serving, idiots. Results matter. But they think they're exempt from results because they went to West Point or got a master's degree.
Being in avionics industry for last 16 years, kudos to you and your team for coming up with such an excellent content with accurate information. Hats off.
@svn8383 it's really concerning that all the whistleblowers have been silenced but there hasn't been any investigation regarding the mysterious/sudden un-aliving. Almost as if very powerful people are involved with Boeing
I was one of your followers when you had 32k subscribers. Now, you are closer to 4 million. I used to send links to my friends in the early days for the comprehensive knowledge you provided. Now, my new friends send me the link. Indeed a fruitful journey
by far the best BUSINESS CASE STUDY I have seen on RUclips. MBAs cannot lead companies, they are managers not entrepreneurs, not the risk takers. You can just give them your company to operate but not to grow it.
That is not true most financial and FMCG companies are managed by MBAs and to your surprise the reason Sundar Pichai got into Google was due to his Stanford MBA, the sole reason for the downfall was the greed of increasing the sales more than of Airbus and not developing the MCAS system properly see MCAS is developed by engineers only not by MBAs the primary reason for Boeing's downfall, but the system was developed too quickly
@HDas-ny6zm Your comment is funny those courses are designed for commerce guys and dear Sundar did MBA from wharton (which what made him get into Google as a product manager) but he was more inclined in tech thus he switched his fields and later due to his innovations he become CEO just look at his linkdin and The words biggest companies like Blackstone , blackrock are being managed by commerce guys even Tesla CFO is CA your just spewing random words your degree does not make you greedy but mindset and your board of directors
And who would you give it too? MBAs are essentially enterprise developers, not experts on how to start a startup. Trust me you don't want RISK takers once you developed your company. You want someone who can expand and maximize your profits with minimal risk. Stakeholder theory 101.
Forget about the plane, just recently, even the astronauts who the Boeing Starliner had sent to space couple of weeks ago are now stuck in the ISS due to helium leak, whereas SpaceX has sent and returned dragon capsule to / from ISS 9 times till date. John Oliver also dug some details on this on his 'LastWeek Tonight'. Even in a footage, Boeing employees told they wouldn't fly their plane and it would rather be a 'Death Wish'. Surprising thing all about the 737 Max was that the pilots of Lion Air who died on the crash were given simulation training on an 'IPAD' before the flight.
@@mohitrathore456they are just crying because he did a few interviews with bjp leaders(forgetting that he also he podcasts with khangress leader). They are hypocrites. Ignore them.
@@AyeManRavoen Iska BJP se koi relation nahi hai. The joke is that prominent Boeing whistleblowers have mysteriously died in the last few months, and anyone who tries to expose Boeing is either dying or shutting up. The main joke is that Boeing has hired a Hitman to silence whistleblowers. Joke samjha Karo, har jagah politics ki been mat bajao.
MBA didn't fail Boeing.. MBA and HR has failed the world in every way.. its the same issue in India too.. you commoditise people and good core competency brains..This happened in around 2000 where management consulting companies got rid of good talent in the name of reducing dependency and ensuring they don't have indispensable resources..
Do you know how hard it is to even set up a aircraft manufacturing plant? Just the safety tests cost billions of dollars and years of rnd and huge investments, unless you want to create another Boeing.
@@kimselmonun5285 no, your are wrong in your analysis. Doing that is not the issue, the Airline business is like a Mafia. You cannot enter this game despite meeting all their criteria. Maybe small time planes but you cannot be allowed to complete in their money making models
start with teaching your residents how hygene works- its one of the biggest problems in india You have an incredible number of very good universities and students, unfortunately also at least 600 million who have a general education like a 10 year old german child.Too much time, energy and money is wasted on superstition - good luck
My relative is an Aircraft Maintenance Engineer he told me that the primary issue with Boeing 737 MAX was the MCAS technology which led the aircraft make it nosedive like a missile's nose this led to stall of the aircraft and it fell down. But he said that there was only minor engineering change of just replacing two cables from one slot to another slot and it made the jets with MCAS safer. Passenger Aircrafts are not more manuverable like Fighters because they are not light in weight like Fighters which are highly manuverable.
The issue was that Boeing did not tell the airlines about the MCA, nor did they provide them with details of the changes, let alone training of how to override the system if necessary
That replacement of wire from one socket to other costs thousands of lives in an aircraft industry. Had it been Product driven business, the issue wouldn't have arisen
@@daredevil30000MBA should be part time not full time in this case so that brainwashing doesnt happen and product development mentality is not lost with driving of b-school logic.
Absolutely true, I myself have gone throught this problem, when I was working as an Product Development Engineer, our company was focused on pampering, hiring, MBA's from IIM's who were more busy in meeting rooms, discussing business for half an hour and doing chitchat for 3-4 hours ordering food from Zomato and Dominos, with no real contribution in the companies growth. Yet our company CEO's focused on maintaining Hierarchy in the company.
This is exactly what happened when Steve Jobs was kicked out of Apple and John Scully took over. John used his Pepsi business skills to focus just on increasing business, which led to inferior products leading to Apple plummeting. Steve came back and brought focus back on the products, and the business success followed naturally. Wonderfully explained, and thank you for the video.
Boeing leaders never learnt from the McDonnel-Douglas DC10-10 (first gen) crashes in the 70s and 80s. McDonnel-Douglas rushed the production certification of the DC10 to beat Lockheed's L-1011 Tristar to the market. Even before production, the DC10 failed pressurization tests that blew out the rear cargo door (2 DC10s suffered from this very accident that caused one of them to crash killing all onboard due to severed hydraulic lines) They just passed a service bulletin to make it comply and then ended up creating a plane that got nicknamed the "Death Coffin". Boeing should have never taken over and just continued on their own. Now the latest Boeing 737 Max and even some older 737 NGs, 777 jumbos, and even some new 787s suffer from quality issues and several incidents as well. It's just sad really.
Engineers are only employed in R&D department right?not accountants not just R&D but most likely manufacturing, testing everything is done by Engineers . I don't know How u are putting all blame on accounts.
@@SWAPNIL._.12.X Accountants mainly focus on profits and the McDonnell Douglass upper management also cared only about profits, they didn't give a f*ck about the Engineering part. I compared the upper management with the Accountants because both of them only care about profits. Hope you get the joke.
@@shikharmaurya5244 That's so biased judging.if accounts only care about profit then so do the owners . Accountants follow upper orders. And profit company makes also goes into engineers's bank account. So I think noone is inocent here .safety and maintenance check is done by Engineers. Owners are at fault if they are compromising these stuffs.
It is shameful that even Karachi is planned unlike our urban sprawl mumbai. Even Dhaka is building grid urban network layout outside its city, even african countries are building planned cities then why india is unable to build a single metro city as planned city? Make a video on this topic.
There are many planned cities-Noida, greater Noida, Navi Mumbai, Ghaziabad, Faridabad, Chandigarh, Gandhinagar etc. And many more like GIFT city are coming up approximately 30 will be there by the end of this decade.
I must say this was one of the best, most informative, analytical studies I have seen. It was so well articulated, in both technical terms and layman's terms. Thank you for this.
So, what I learned is that 1. For the initial years of any start-up, the company should focus on being product driven and offer better products for the consumer. After the consumer gains a certain level of trust, we can switch to a product+business driven hybrid type of model who should work closely. 2. Like in case of Boeing, a small compromise in the structure of place resulted in faulty aerodynamics of the place, which costed many lives. So, a company must prefer the consumer safety if we are dealing with products that are sensitive to human, animal or natural lives.
Hybrid always fails. It starts as hybrid, but when business executives see the short term financial gains, and are given power to control the direction, they keep chasing short term gains. Prioritizing business wellness over product quality always ends badly. Of course, profits are necessary to survive but the moment ANY company makes business driven decisions, it fails. GE, Intel, Kodak, Radio Shack, Nokia phones, Blackberry, Enron... The list is endless. All killed by "business" decisions. If your leadership is primarily business oriented, the end is near. Look at Intel making a comeback after Gelsinger, AMD making a comeback with Lisa Su, Nvidia going strong with Jensen Huang. Microsoft struggling under Ballmer and recovering under Nadella. Engineering and product focus is what works long term.
Great analysis ! Kudos. 👍 Here's the last piece of your puzzle: WHY did Boeing dared to make a secret of MCAS - for the airlines ? I mean, developing that system it was inevitable to run into the question: "What if the angle of attack sensor fails ? So, what if a crash happens because of the malfunction of MCAS ... meaning that the pilots don't even know that MCAS is installed on board - so -> that they should dis-able MCAS in order to take over the plane ... and save it from crash ? " Well, the answer is that they didn't care. Because US is running the entire planet ... so, there is no-one able to make them pay for being irresponsable - while building Boeing's planes. 👎
I was watching the news of Singapore Airlines going 30,000 ft down. recently. Its a "Deja Vu" that Think School team has made a case study on history of Boeing. Case study was really insightful and an eye-opener for the reasons for the disastrous plane crash incidents that took lives of hundreds of people. Expecting more business case study from the team.😊❤
An amazing case study...Kudos to the entire Think School team...More and more MBA aspirants should see this and understand that just having an mba degree does not mean you will become a good manager...To lead a company in the right direction you must have strong technical skills along with good managerial skills
The organization where i work, the business is run by the Engineers who are involved in the innovation and production line. These guys are ridiculously good at the technical side of things and really understand how to alter the product the place the product according to market emotions. Sure the revenue is not at the peak, you can tap more revenue if you replace them with an MBA management team but guess what, since they're not so aggressive about the business the after sales relationship remains so strong. Disputes are extremely low and if there is any the folks who sit in my office have the right knowledge to provide assistance. I think certain products needs a higher archy like this 😊😊
My first visit. A few facts (eg DC10 @220 pax etc) were simply wrong, but you tell such a good story we can overlook a few things. Cheers from Australia. Glad to see a quality Indian English channel too btw.
This channel grew so fast because you focused on the "quality of the content", the product here. Subscribers were a by product. Love your presentation and delivery!
One of the best business case studies that I have ever come across. Excellent examples concocted very well along with the meat of the theory. THANK YOU.
Tata’s Air India to buy 470 aircraft from Boeing, Airbus The order comprises 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777-9s widebody aircraft. The narrow-bodies include 210 Airbus A320 and 321 Neos and 190 BOEING 737 MAX single-aisle aircraft Now, that's a major fu*k up from Tata I guess??? Ordering over 190 aircrafts that are deemed unsafe
The aircraft are perfetly safe or no airline would operate them. Dont you think a company like Tata would have made a well informed decision before placing the order ? Half knowledge and jumping to conclusions based on a single video is more unsafe.
@ThinkSchool, I've thoroughly enjoyed listening this podcast. You have done some fantastic work to give your viewers the history, business logics and critical pointers that failed a super giant company as Boeing. You mentioned MBA's took over running the company versus the engineers/designers - would have appreciated a little more details as to what policy or strategy MBA's took a decision and went wrong....
Many many thnx for clearly bringing to open the actual cause of FAILURE of any company or Organisation if Proffessionals / Technocrats are by passed by MBAs .
I saw this video and felt that the Govt of India is also running the country like a company. That's why condition of railways is at all time low, exam scams and paper leaks happening, schemes like agniveer coming up. It's better Govt focuses on people more and improve on services.
I am an engineer and I have started an automation business recently and I was focusing more on increasing profits as much as possible (btw in any case I did not think of compromising with the product). But thanks to this video that I got to learn some most fundamental concepts of a product based business just before I was going for it
Really great video and analysis mate. A little fluffy, but the breakdown of their R&D practices combined with share buybacks and the R&D spend on the MAX was really great. Thanks!
Excellent case study and explanation. The analogies you use are so simple that it almost makes your listeners SMEs of the topic being discussed. You ROCK guys, take a bow ❤️❤️
Great video. Can somebody comment on how we can catch this as an investor? Were the writings on the wall? Or is it a case where its clear only in hindsight? Thoughts? Esp looking to hear from Aero nerds/enthusiasts - were you able to see this coming?
A very thorough analysis once again by Ganesh and Team. I believe even Kodak faced similar fate because of very same reasons. A video on that would be awesome!
👉Paytm is a super app - book, travel, movies, pay bills and a lot more!
Check out Paytm - paytm.com
he also made a paytm video exposing them and now😂😂😂
17:20 The order in which the % share is shown is mismatched.
@@cse_ty_a_62shivarajbhanji48 exactly!!!
paytm made in india, paytm made for india, paytm fucked retail investors of india, paytm makes fun of their users by not giving cash rewards which they won blah blah bla.... BTW Ganesh will you please ask Mr. Sharma that how did he feel when RBI gives him a HARDCORE moment
𝙐𝘼𝙉𝙂 𝘿𝙀𝙋𝘼𝙍𝙏𝙀𝙈𝙀𝙉 𝙋𝙍𝙊𝙔𝙀𝙆 𝙆𝙊𝙈𝙀𝙍𝙎𝙄𝘼𝙇
Perkenalkan diri Saya Heri Widodo penemu konsep Uang Departemen Proyek Komersial yang disingkat UDPK.
Saya mensosialisasikan konsep UDPK ini kepada seluruh Rakyat Indonesia untuk merekomendasikan kepada Bapak Presiden Terpilih untuk menerapkannya dalam sistem perekonomian negara Indonesia dengan tujuan kemandirian ekonomi.
Saya yakin bahwa negara Kita akan menjadi salah satu negara dengan perekonomian terbaik dunia dan Saya yakin sistem ekonomi Kita akan menjadi percontohan ekonomi negara-negara lain.
Untuk diketahui perihal konsep UDPK ini Saya sampaikan dalam bentuk kumpulan tulisan inti ilmu.
I am a Professor (aged 50) in one of the Government Engineering Colleges and my son had once asked me to watch your channel. Since last 3 months I have been watching your videos and I must say that the way in which all the facts and figures are presented in each and every video by carrying out in-depth analysis is really commendable. I would recommend your channel to my students too. Keep up the good work. 👍
Hi Mehta sir,
Mera marks thode badhalo
this video is mindlessly follow fake news and missleedingly saying fact in a way to push a neretive
@@finnishgovernment2583 You must read the article published in The Economist on the same topic this spring. Surprisingly, it has the same facts and conclusions at the end. I hold a rater senior research engineering position in a huge tech company, and I clearly see how my company is drifting exactly in Boeing's direction. Laying off engineers is the primary trend in many MBA-driven companies these days. Pure PowerPoint business.
As someone who is working with Boeing Business stakeholders for 4 years to implement Sourcing, Contracting and Proposal Management solution, i found this very striking and insightful. Once again, very well done Ganesh.
Hello, I work in an Aerospace Company as a Buyer (SCM). Can you please refer me in Boeing?
Hey...are u at Boeing GCC at Bangalore? I hv implemented sourcing & contacting solutions for cos like Unilever, Reckitt etc...
Wanted to check if Boeing hiring within the S2P domain ?
@@priydarshanpathak4351 why do u want to join after listening to this video
Putting MBAs in charge of any company, where they don't actually understand how the technology works, always leads to a disaster.
The US military has the same problem. The people in charge are highly educated, self serving, idiots. Results matter. But they think they're exempt from results because they went to West Point or got a master's degree.
TRUE
And making finance guys out of engineers gets you market crashes like 2008
Both of you are correct
@@Mukthikanth the monkey came when two crows are fighting
@@97priyamThat is so the opposite of true. Wall Street is not filled with engineers
Being in avionics industry for last 16 years, kudos to you and your team for coming up with such an excellent content with accurate information. Hats off.
It went from *'If it's not Boeing , I'm not Going'*
to *'If it's a Boeing , I'm not going'* real quick
Not overtook Boeing
@svn8383 it's really concerning that all the whistleblowers have been silenced but there hasn't been any investigation regarding the mysterious/sudden un-aliving.
Almost as if very powerful people are involved with Boeing
Ctrl C + Ctrl V
😅😂😂
Very True!!
I was one of your followers when you had 32k subscribers. Now, you are closer to 4 million. I used to send links to my friends in the early days for the comprehensive knowledge you provided. Now, my new friends send me the link.
Indeed a fruitful journey
And that is, ladies and gentlemen, a product driven business. 🔥🖤
It is true that if a product or service is good, people start recommending you everywhere.
by far the best BUSINESS CASE STUDY I have seen on RUclips. MBAs cannot lead companies, they are managers not entrepreneurs, not the risk takers. You can just give them your company to operate but not to grow it.
That is not true most financial and FMCG companies are managed by MBAs and to your surprise the reason Sundar Pichai got into Google was due to his Stanford MBA, the sole reason for the downfall was the greed of increasing the sales more than of Airbus and not developing the MCAS system properly
see MCAS is developed by engineers only not by MBAs the primary reason for Boeing's downfall, but the system was developed too quickly
@HDas-ny6zm Your comment is funny those courses are designed for commerce guys and dear Sundar did MBA from wharton (which what made him get into Google as a product manager) but he was more inclined in tech thus he switched his fields and later due to his innovations he become CEO just look at his linkdin
and The words biggest companies like Blackstone , blackrock are being managed by commerce guys even Tesla CFO is CA
your just spewing random words your degree does not make you greedy but mindset and your board of directors
@@rebanta570 you give the example of either useless or terribly run companies on average...
@@zemm9003 yes sure blackstone and unilever are terrible company , lack of fundamental research from your part
And who would you give it too? MBAs are essentially enterprise developers, not experts on how to start a startup. Trust me you don't want RISK takers once you developed your company. You want someone who can expand and maximize your profits with minimal risk. Stakeholder theory 101.
Forget about the plane, just recently, even the astronauts who the Boeing Starliner had sent to space couple of weeks ago are now stuck in the ISS due to helium leak, whereas SpaceX has sent and returned dragon capsule to / from ISS 9 times till date. John Oliver also dug some details on this on his 'LastWeek Tonight'. Even in a footage, Boeing employees told they wouldn't fly their plane and it would rather be a 'Death Wish'. Surprising thing all about the 737 Max was that the pilots of Lion Air who died on the crash were given simulation training on an 'IPAD' before the flight.
Ganesh was a great man. Always been nice to everyone. Unfortunately, he mysteriously disappeared.
He suddenly jumped out of the window, maybe think school wasn't a good investment after all. /S
Are you psychos 😂 ???
@@mohitrathore456they are just crying because he did a few interviews with bjp leaders(forgetting that he also he podcasts with khangress leader). They are hypocrites. Ignore them.
@@AyeManRavoen Iska BJP se koi relation nahi hai. The joke is that prominent Boeing whistleblowers have mysteriously died in the last few months, and anyone who tries to expose Boeing is either dying or shutting up. The main joke is that Boeing has hired a Hitman to silence whistleblowers. Joke samjha Karo, har jagah politics ki been mat bajao.
@@AyeManRavoen U just missed the joke(boeing whistleblowers)
MBA didn't fail Boeing.. MBA and HR has failed the world in every way.. its the same issue in India too.. you commoditise people and good core competency brains..This happened in around 2000 where management consulting companies got rid of good talent in the name of reducing dependency and ensuring they don't have indispensable resources..
India needs its own made in India aircraft
Do you know how hard it is to even set up a aircraft manufacturing plant? Just the safety tests cost billions of dollars and years of rnd and huge investments, unless you want to create another Boeing.
@@kimselmonun5285 no, your are wrong in your analysis. Doing that is not the issue, the Airline business is like a Mafia. You cannot enter this game despite meeting all their criteria. Maybe small time planes but you cannot be allowed to complete in their money making models
When you completing ur engineering?
start with teaching your residents how hygene works- its one of the biggest problems in india
You have an incredible number of very good universities and students, unfortunately also at least 600 million who have a general education like a 10 year old german child.Too much time, energy and money is wasted on superstition - good luck
@@50offyup50 Done and took your job as well, nice layoffs for lazy bums over at SF.
As a Boeing 789 pilot I can say that it's a most beautiful machine ever exist, literally it has no drawbacks and no one can compete it either
Who knows when it'll fall from the sky though. Can be soon, please stay safe.
789 ? Wtf is that model , did u mean 787 ?
789 is a professional term for a 787-900 . In layman terms yes he means a B787
My relative is an Aircraft Maintenance Engineer he told me that the primary issue with Boeing 737 MAX was the MCAS technology which led the aircraft make it nosedive like a missile's nose this led to stall of the aircraft and it fell down.
But he said that there was only minor engineering change of just replacing two cables from one slot to another slot and it made the jets with MCAS safer.
Passenger Aircrafts are not more manuverable like Fighters because they are not light in weight like Fighters which are highly manuverable.
The issue was that Boeing did not tell the airlines about the MCA, nor did they provide them with details of the changes, let alone training of how to override the system if necessary
That replacement of wire from one socket to other costs thousands of lives in an aircraft industry. Had it been Product driven business, the issue wouldn't have arisen
Good example of howMBA alone doesn't make your management better
MBAs are good for run-of-the-mill business-driven businesses. Boeing is supposed to be a product-driven business.
Aerospace Engineer + MBA combination is required for management.
MBA alone is of no use.
@@daredevil30000MBA should be part time not full time in this case so that brainwashing doesnt happen and product development mentality is not lost with driving of b-school logic.
27:17 There is some background noise after this time stamp
yes
Yes boss
Yep
Earlier statement played all over again.
yes
This is why think school is so obsessed with their case Study ( great product) ...great team keep doing it.❤
Kudos 🎉
You killed it bro.. best business case study by a long shot!!!
Absolutely true, I myself have gone throught this problem, when I was working as an Product Development Engineer, our company was focused on pampering, hiring, MBA's from IIM's who were more busy in meeting rooms, discussing business for half an hour and doing chitchat for 3-4 hours ordering food from Zomato and Dominos, with no real contribution in the companies growth. Yet our company CEO's focused on maintaining Hierarchy in the company.
I had read that there were problems in boieng but didn’t know the reason started so way back…amazing work guys…
Tomorrow is my flight scheduled on a Boeing aircraft 😅
Praying for you bro 🤞🙏
I also booked 😅
see you on the other side
Previous Boeing passengers waiting for your arrival 😂.
Hopefully u won't die
This is exactly what happened when Steve Jobs was kicked out of Apple and John Scully took over.
John used his Pepsi business skills to focus just on increasing business, which led to inferior products leading to Apple plummeting.
Steve came back and brought focus back on the products, and the business success followed naturally.
Wonderfully explained, and thank you for the video.
Apple wasn't Apple when Scully was in charge. Scully turned Apple into a Lemon.
Hey! This is the exact same case study taught at IIMB! Really glad to see a visual representation of this case study !
Imagine a case study to be used in the top business schools on how MBAs destroyed Boeing.
Sir, I think At 17:19 your visuals are wrong by mistake.
And your case study videos are just amazing.
Yes, it's wrong
Case study my foot hair....yes I do have foot hair after all it starts from there to my head actually
Yess
yes its 90 only
No, Its correct. Remaining 10% goes to other players such as Bombardier, Embraer, Saab, Illyushin, Yakovlev and Antonov
I never liked MC Douglas aircrafts. Heard so many stories of the 3 engine DC-10 crashes and engine failures.
Boeing leaders never learnt from the McDonnel-Douglas DC10-10 (first gen) crashes in the 70s and 80s. McDonnel-Douglas rushed the production certification of the DC10 to beat Lockheed's L-1011 Tristar to the market. Even before production, the DC10 failed pressurization tests that blew out the rear cargo door (2 DC10s suffered from this very accident that caused one of them to crash killing all onboard due to severed hydraulic lines) They just passed a service bulletin to make it comply and then ended up creating a plane that got nicknamed the "Death Coffin". Boeing should have never taken over and just continued on their own. Now the latest Boeing 737 Max and even some older 737 NGs, 777 jumbos, and even some new 787s suffer from quality issues and several incidents as well. It's just sad really.
Bro because of you i created my own RUclips channel, and hit 22 subscribers today, thankyou so much, one day will touch for sure❤
Subscribers ❤
For sure bro, you will be famous soon, keep going
Your 1.1k....subscribet ....🥺
@@Sudeep.M. working from many months 👍
Tx awesome case study
Can we have a separate case study on Airbus's Success as well please
its because 50% of scientist in airbus are indians
Your analysis and presentation is world class and spot on. Very informative. As a engineer I have seen and gone through similar trends in Industry.
This is what happens when Accountants start running an Engineering Company.
Stop nonsense thinking
@@daily_thoughts. boeing agent?
Engineers are only employed in R&D department right?not accountants not just R&D but most likely manufacturing, testing everything is done by Engineers . I don't know How u are putting all blame on accounts.
@@SWAPNIL._.12.X Accountants mainly focus on profits and the McDonnell Douglass upper management also cared only about profits, they didn't give a f*ck about the Engineering part. I compared the upper management with the Accountants because both of them only care about profits. Hope you get the joke.
@@shikharmaurya5244 That's so biased judging.if accounts only care about profit then so do the owners . Accountants follow upper orders. And profit company makes also goes into engineers's bank account. So I think noone is inocent here .safety and maintenance check is done by Engineers. Owners are at fault if they are compromising these stuffs.
You are giving me cold fusion vibes now. Your story telling ability is great. ❤
One of the best case study, that i ever seen...kudos to the think school entire crew...🎉
Main video starts at 10:40
It is shameful that even Karachi is planned unlike our urban sprawl mumbai. Even Dhaka is building grid urban network layout outside its city, even african countries are building planned cities then why india is unable to build a single metro city as planned city? Make a video on this topic.
This comment deserves more attentionnnnn❤❤
You can call it urban sprawl or you can alternatively call it organic growth. Even planned cities have major issues.
Just visit Navi Mumbai adjacent to Mumbai.
A carefully planned city at outskirts of Mumbai.
There are many planned cities-Noida, greater Noida, Navi Mumbai, Ghaziabad, Faridabad, Chandigarh, Gandhinagar etc. And many more like GIFT city are coming up approximately 30 will be there by the end of this decade.
@@mohammedck5734This comment is so ignorant that it's not even funny.
I must say this was one of the best, most informative, analytical studies I have seen. It was so well articulated, in both technical terms and layman's terms. Thank you for this.
So, what I learned is that
1. For the initial years of any start-up, the company should focus on being product driven and offer better products for the consumer. After the consumer gains a certain level of trust, we can switch to a product+business driven hybrid type of model who should work closely.
2. Like in case of Boeing, a small compromise in the structure of place resulted in faulty aerodynamics of the place, which costed many lives. So, a company must prefer the consumer safety if we are dealing with products that are sensitive to human, animal or natural lives.
Hybrid always fails. It starts as hybrid, but when business executives see the short term financial gains, and are given power to control the direction, they keep chasing short term gains. Prioritizing business wellness over product quality always ends badly. Of course, profits are necessary to survive but the moment ANY company makes business driven decisions, it fails. GE, Intel, Kodak, Radio Shack, Nokia phones, Blackberry, Enron... The list is endless. All killed by "business" decisions. If your leadership is primarily business oriented, the end is near. Look at Intel making a comeback after Gelsinger, AMD making a comeback with Lisa Su, Nvidia going strong with Jensen Huang. Microsoft struggling under Ballmer and recovering under Nadella. Engineering and product focus is what works long term.
Great analysis ! Kudos. 👍
Here's the last piece of your puzzle: WHY did Boeing dared to make a secret of MCAS - for the airlines ? I mean, developing that system it was inevitable to run into the question: "What if the angle of attack sensor fails ? So, what if a crash happens because of the malfunction of MCAS ... meaning that the pilots don't even know that MCAS is installed on board - so -> that they should dis-able MCAS in order to take over the plane ... and save it from crash ? "
Well, the answer is that they didn't care. Because US is running the entire planet ... so, there is no-one able to make them pay for being irresponsable - while building Boeing's planes. 👎
They are indeed running the planet with the exception of russia, china and india
Nice idea by Paytm. Advertise with channels that talk about downfalls. So they don't talk about Paytm downfall
Lol. Ikr
😂 😂 😂
That's why its important to have people with sound technical background on the leadership positions.
You said that “Boeing had 53 percent market share” but the video shows 53 percent market share in front of Airbus. 17:20
Yeah exactly, I am now confused which one is correct stat
Think School is also cost cutting 😆
came to say the same thing.
@@aziz7636 It was a mistake but no wonder, Boeing was supposed to have 53% that time as it was the leading market in aviatation
Loved the way u explained the apple product model.. too good.. keep up the good work ❤🎉
Thanks a ton bro :)
I was watching the news of Singapore Airlines going 30,000 ft down. recently. Its a "Deja Vu" that Think School team has made a case study on history of Boeing. Case study was really insightful and an eye-opener for the reasons for the disastrous plane crash incidents that took lives of hundreds of people. Expecting more business case study from the team.😊❤
An amazing case study...Kudos to the entire Think School team...More and more MBA aspirants should see this and understand that just having an mba degree does not mean you will become a good manager...To lead a company in the right direction you must have strong technical skills along with good managerial skills
The organization where i work, the business is run by the Engineers who are involved in the innovation and production line. These guys are ridiculously good at the technical side of things and really understand how to alter the product the place the product according to market emotions. Sure the revenue is not at the peak, you can tap more revenue if you replace them with an MBA management team but guess what, since they're not so aggressive about the business the after sales relationship remains so strong. Disputes are extremely low and if there is any the folks who sit in my office have the right knowledge to provide assistance. I think certain products needs a higher archy like this 😊😊
What Steve jobs is doing on the thumbnail of the Video?
🤣
Same my question too, Editor didn't even watch the thumbnail😂😂😂😂😂😂
Did you not see the video. Because the comparison is Product Driven company culture of Steve Jobs
Comparison.. but nonetheless now india will drive Apple’s growth and vice versa
Same yrr?😂
what piece of art..... the video editor have done .....simply fabulous......
Apple: Product driven business
Microsoft: Business driven business
My first visit. A few facts (eg DC10 @220 pax etc) were simply wrong, but you tell such a good story we can overlook a few things. Cheers from Australia. Glad to see a quality Indian English channel too btw.
A good business case after long 🔥 thankyou for such a detailed case study 👍
This channel grew so fast because you focused on the "quality of the content", the product here. Subscribers were a by product. Love your presentation and delivery!
This is so true with all other big tech companies too today.
Thanks for this case. Nicely articulated.... the punch line is "let the numbers be byproduct of excellent products"
This is one gem of a case study! This is the best one!
One of the best business case studies that I have ever come across. Excellent examples concocted very well along with the meat of the theory. THANK YOU.
Tata’s Air India to buy 470 aircraft from Boeing, Airbus
The order comprises 40 Airbus A350s, 20 Boeing 787s and 10 Boeing 777-9s widebody aircraft. The narrow-bodies include 210 Airbus A320 and 321 Neos and 190 BOEING 737 MAX single-aisle aircraft
Now, that's a major fu*k up from Tata I guess???
Ordering over 190 aircrafts that are deemed unsafe
The aircraft are perfetly safe or no airline would operate them. Dont you think a company like Tata would have made a well informed decision before placing the order ? Half knowledge and jumping to conclusions based on a single video is more unsafe.
Always so much to learn from your detailed case studies. More power to you 🙌🙏
@ThinkSchool, I've thoroughly enjoyed listening this podcast. You have done some fantastic work to give your viewers the history, business logics and critical pointers that failed a super giant company as Boeing. You mentioned MBA's took over running the company versus the engineers/designers - would have appreciated a little more details as to what policy or strategy MBA's took a decision and went wrong....
This video reminded me when this channel made a 20min advertising video for Master Union and tried to pass it for good journalism...
Difference between company maintenance issues and Boeing issues must be clear in the media.
Many many thnx for clearly bringing to open the actual cause of FAILURE of any company or Organisation if Proffessionals / Technocrats are by passed by MBAs .
Boeing Case study ❌ apple case study ✅
One of the best videos ever. I was confused between what to do MBA or mtech but now I know.
There is voice overlap at 27:19
Even I noticed that
Ganesh's management team is comprising the product.
@@vugbeshbara1103🤣🤣🤣
@@vugbeshbara1103 😂😂
I don't know why this video isn't viral. This is such an information goldmine!
Me on airport - what! it's Boing, I am not going.
So much learned from this video, thanks a lot ❤
I saw this video and felt that the Govt of India is also running the country like a company. That's why condition of railways is at all time low, exam scams and paper leaks happening, schemes like agniveer coming up. It's better Govt focuses on people more and improve on services.
I love listening to this guy who tells the story well. One thing however I would like to tell him is don’t overuse the word “so”
Safety is at the core no matter who we are at the Boeing !!! ❌
Profits needs to sore no matter who are all dyeing ☑
Great case study!!! Loved it : )
Am not complaining, just sharing what I found, there's an audio running in the background of the video too😂😂 listen at time stamp 27:25
This is one of the best case studies with a great message to the budding Entrepreneurs and Business leaders.
FYI..I did hear 2 voices at the end of last 30 sec.
I am an engineer and I have started an automation business recently and I was focusing more on increasing profits as much as possible (btw in any case I did not think of compromising with the product). But thanks to this video that I got to learn some most fundamental concepts of a product based business just before I was going for it
Too many ads...annoying...
Your analysis, information and insight was incredibly valuable here. Thank you!
India should make its own plane.
agree
India can't even make railway locomotives and HAL Tejas has most of the tech from Russia and West 😂
@@AVB_777Vande Bharat is elegant looking tho
@@ckpal3575there is a difference between elegance and tech used
We are far behind in engineering part
Definitely bjp will make one😂
Fantastic presentation. Even the layman can understand it better. It is truly amazing. Keep up your good work.❤
Mfs thought they sneak their way out after killing quality check and fuselage engineers to cover defects.
What happened to the audio from 27:16 ?
Also, percentages where switched at 17:19.
Who thinks tomorrow BJP will win again ? Like .
This is insightful. Weldone
You're really awesome man.. getting all the information and putting in a single video
You are very good in analysis and projecting that ! Super 👍🏻👍🏻👍🏻
Really great video and analysis mate. A little fluffy, but the breakdown of their R&D practices combined with share buybacks and the R&D spend on the MAX was really great. Thanks!
Excellent case study and explanation. The analogies you use are so simple that it almost makes your listeners SMEs of the topic being discussed. You ROCK guys, take a bow ❤️❤️
I really liked the in depth research you made to create this video.
Thanks. This was totally satisfying. One of the best explanations so far about the Boeing issue
Good lesson for every business. Thanks for the video.
Wow, what an amazing case study, really loved it. Thanks Ganesh and team.
Great video. Can somebody comment on how we can catch this as an investor? Were the writings on the wall? Or is it a case where its clear only in hindsight? Thoughts? Esp looking to hear from Aero nerds/enthusiasts - were you able to see this coming?
You are excellent in your research, delivery and giving insights, BEST in All. IIM's should have you in faculty.
A very thorough analysis once again by Ganesh and Team. I believe even Kodak faced similar fate because of very same reasons. A video on that would be awesome!
This man is an excellent explanation man just like Palki Sharma Ipadyaya..of Vantage..news channel.wonderful.
Lots of research and information have gone into making a great video...keep it up TEAM THINK SCHOOL
This channel looks good when it does its non propaganda videos. Glad you came back to your old self
Great one!!
As an MBA its an eye opener!
“Product comes first” thats the best business model
This tells us the importance of Product Managers. Great video.