Boeing is an american Multinational company founded in 1916 by William Boeing. The headquarters of Boeing is located in Chicago, Illinois. Boeing produces, designs and sells airlines, Rocket, satellite, telecommunication equipment, rokocraft, and Missile.
Boeing is the second-largest airline manufacturer in the world after Airbus. This 100 years old company changed and reshaped world history. In the long journey, the company has been inspired by its mission and vision. Below we will discuss and analyze Boeing mission and vision statements.
Boeing Mission Statement
Boeing mission statement is “We are constantly re-examining our capabilities and processes to ensure that our company is as strong and vital as our heritage. In fact, our culture mirrors the heritage of aviation itself, built on a foundation of innovation, aspiration and imagination.”
Boeing Vision Statement Analysis:
We can get following core points from Boeing mission statement
Re-assessing capabilities and Processes: 140,000 people actively working at Boeing. Boeing constantly reexamines its capabilities and processes. Capabilities mean the essential skills set of the employees and processes means the technology associated with the company. Boeing always tries to train employees with the industry latest skills and purchase and innovate cutting edge technology.
Innovation, Aspiration, and Imagination: Aerospace industrry is growing by constant innovation, aspiration and imagination. Imagination, aspiration and innovation are interconnected. For innovation and progress, you need the first aspiration to innovate, then the imagination of it. Boeing is cultivation the culture of imagination, aspiration and innovation inside of the company.
Boeing Vision Statement:
Boeing’s vision statement is “People working together as a global enterprise for aerospace industry leadership..
Boeing Vision Statement Analysis:
Boeing’s vision statement is precise and concise. It reveals the inner strength of this giant company. It is also a guide for all of its employees and stakeholders. We get following points from Boeing vision statement
A global enterprise: Boeing wants to see itself as a global company. It does not want to confine itself to any boundary. Even its plan is big. Boeing wants to connect all people all over the world.
Shared Values and collaboration: By saying “people working together”, we understand that it is talking about the shared values of the company. It wants to improve people’s lives. It is improving people’s life by giving speed in life. It eases the human transportation system.
Aerospace Industry Leadership: it not only wants to be a global company, but also it wants to be the industry leader. Boeing is the first pioneering company that revolutionized the aerospace industry. Its competitor AIRBUS was founded in 1970. It is getting a first-mover advantage.
Innovation: Innovation is the last and final vision of Boeing. As Boeing wants to remain an industry leader, the main tool to remain one step ahead of competitors is through Innovation, research and development.
“At Boeing, we are honoured to serve all the people who rely on our products and services every day. That’s why we hold ourselves to the highest standards in our work, how we do it and how we treat one another.” is quoted in the official website of being. You can read details of being values there.
Boeing core values include “Integrity, quality, safety, diversity & inclusion, trust & respect, corporate citizenship, and stakeholder success.”
What does Boeing mean?
Boeing is an American multinational enterprise. The Name “Boeing” originated from the name of its founder William E. Boeing.
How does Boeing name their planes, such as Boeing 747? Why do they call it 747?
- 300s and 400s series represent military aircraft,
- 500s represent turbine engines,
- 600s represent rockets and missiles and
- 700s for jet transport aircraft.
You must have noticed that all Boeing’s commercial aircraft names are in this format i.e. 7-7 (starts with 7 and ends with 7). This 7-7 designation which has come to signify Boeing’s line of commercial jets was chosen for purely marketing purposes.
Why doesn’t Boeing make their own engines?
Boeing specializes and focuses itself on manufacturing aircraft frames. It does not make airline engines. Boeing contracted with Pratt & Whitney to build the engine.
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