Mike Sears was a prodigy of Harry Stonecipher, the blunt-talking, hard-driving aerospace executive..

By Client

}

Jul 16, 2022

complete

Question

Mike Sears was a prodigy of Harry Stonecipher, the blunt-talking, hard-driving aerospace executive..

by | Jul 16, 2022 | Recent Orders

Place your order today at 15% discount

Mike Sears was a prodigy of Harry
Stonecipher, the blunt-talking, hard-driving aerospace executive who became CEO
first of McDonnell Douglas and then Boeing. Picked by Stonecipher to lead the
F-18 Hornet fighter program at McDonnell Douglas in the early 1990s, Sears
earned a reputation as a skilled manager who restlessly cut costs and boosted
productivity, building a program that was below costs and ahead of schedule.
Stonecipher admired Sears effectiveness at assembling and managing
cross-functional product development teams, establishing closer ties with
suppliers and improving controls

Mike Sears was a prodigy of Harry
Stonecipher, the blunt-talking, hard-driving aerospace executive who became CEO
first of McDonnell Douglas and then Boeing. Picked by Stonecipher to lead the
F-18 Hornet fighter program at McDonnell Douglas in the early 1990s, Sears
earned a reputation as a skilled manager who restlessly cut costs and boosted
productivity, building a program that was below costs and ahead of schedule.
Stonecipher admired Sears effectiveness at assembling and managing
cross-functional product development teams, establishing closer ties with
suppliers and improving controls within his organization. When McDonnell Douglas
was acquired by Boeing in 1996, Sears went with Stonecipher to the acquiring
company, where Stonecipher became president until his retirement in 2002. Sears
was appointed as chief financial officer.

It was soon clear, however, that
Sears was after the top spot. As CFO he was one of the obvious candidates in
line to succeed Boeing CEO Phil Condit. Other contenders included Alan Mulally,
head of Boeings commercial aerospace group, and James Albaugh, who ran
Boeings defense systems business. According to company insiders, Sears began
to take steps to amass a power base at his rivals expense.

In 2002 Sears heard that Darleen
Druyun, the top Air Force procurement officer, was looking to move into the
private sector. Druyun was quite possibly the most sought-after executive-to-be
in the entire aerospace industry. Because of her knowledge of the Pentagon
procurement process and her contacts, Boeing and other aerospace companies
tried hard to land her. James Albaugh had talked to her at least once but came
up dry. Sears, however, somehow managed to persuade her to join the company.
The coup gave Sears a huge advantage over Albaugh and Mulally. It also had the
potential to expand his power base by making Druyun an ally. Unknown to others
at the time, Sears had clinched the deal by promising Druyun a top job at
Boeing while she was still in the middle of negotiating a $22 billion military
contract with Boeing for a fleet of jet tankers, which Boeing was ultimately
awarded.

In 2003 Sears pushed things
further. He reportedly waged an all-out war with CEO Phil Condit, taking over
all public relations responsibilities and controlling access to the media and
investorsroles that were normally the prerogative of the CEO. Sears also took
control of Boeings in-house leadership center at St. Louis. Banished from the
sessions were Albaugh and Mulally. With almost any important executive passing
through the center, control gave Sears unprecedented exposure within Boeings
far-flung organization.

Searss stock rose further in
mid-2003 when leaks to the media implied that Albaugh had withheld information
from Sears about a $1.2 billion charge against earnings that Boeing was forced
to take due to write-downs in its defense business. Sears was in charge of
public relations at the time, and many suspected that the leak was part of a
deliberate smear campaign. In an internal Boeing memo later leaked to the
press, Albaugh said that the efforts to cast the write-down as the result of
me withholding informationsurprising world headquartersis not supported by
the facts..If Mike (Sears) is intent on discrediting me, he does a disservice
not only to me, but also to the company. By this time it was becoming apparent
to many that Sears was anxious to succeed Phil Condit, to the extent that it
got pretty disgusting according to a Boeing board member.

The summer of 2003 turned out to be
the high point in Mike Searss career. In November 2003 the government accused
Sears of communicating directly and indirectly with Darleen Druyun about
future employment when she had not disqualified herself from acting in her
official government capacity on matters involving Boeing. The government went
on to state that the pair had attempted to conceal this infraction from company
lawyers investigating the matter. It was also alleged that Druyun broke the law
by telling Boeing employees confidential information about how Airbus had
priced its bid for the tanker contract. Boeing fired Mike Sears immediately,
and ultimately both he and Druyun pleaded guilty to criminal wrongdoing and
faced jail time.

Ironically the firing of Sears
raised questions about the ethics of management at Boeing under Phil Condit,
the man Sears had wanted to replace as CEO. Within a month Condit had resigned
from the CEO position, a victim of the fallout from the scandal, which resulted
in the loss of the military tanker contract. Condit was replaced by Harry
Stonecipher, who came out of retirement to take the CEO position. However, in
another disturbing power play at Boeing, Stonecipher was himself forced to step
down after a leaked e-mail message revealed that he had initiated an
extramarital affair with an employee at Boeing. Fearing that Boeing was
becoming mired in scandal after scandal, the board of directors asked for Stoneciphers
resignation. He was replaced by Jim McNeary, the CEO of 3M.

1. From
a power perspective, what do you think explains the rise of Mike Sears to the
CEO position at Boeing? What were the sources of his power?

2. Once
he became CFO, what did Mike Sears do to consolidate his power base at Boeing?
What sources of power was he trying to accumulate? What was he trying to do
with this power?

3. What
do you think about the ethics of Sears actions? Does the fall of Mike Sears
prove that power tends to corrupt?

4. What
does the case tell you about the nature of internal organizational politics at
Boeing during this period? As incoming CEO, would you see this as a problem? If
so, how would you deal with it?

5. Do
you think that power is more important in an organization like Boeing than in
one that has less politics? Why?

HAVE A SIMILAR QUESTION?

Why Place An Order With Us?

  • Certified Editors
  • 24/7 Customer Support
  • Profesional Research
  • Easy to Use System Interface
  • Student Friendly Pricing

We Guarantee you

❖ Zero Plagiarism

❖ On-time delivery

❖ A-Grade Papers

❖ Free Revision

❖ 24/7 Support

❖ 100% Confidentiality

❖ Professional Writers

Get your assignments done 100% Original, Plagiarism Free, Customized to your instructions!

How it works

1. CLICK on the ORDER NOW button.

2. Paste your instructins in the instructions box. You can also attach an instructions file.

3. Select the writer category, deadline, education level and review the instructions.

4. Make a payment for the order to be assignment to a writer.

5. Download the paper after the writer uploads it.

Will the writer plagiarize my essay?

You will get a plagiarism-free paper and you can get an originality report upon request.

 

Is this service safe?

All the personal information is confidential and we have 100% safe payment methods. We also guarantee good grades.

Premier Assignment Writing Services & Solutions Ready to Help Online 24/7

Hire a professional just from $9.99

Click here

Read More

Related Questions

It’s Your First Order?

We’ll give you a discount! You get 15% off the full price. Enjoy!

Chat Now
1
Powered by Studywix
Hello! Welcome to to our whatapp support.
We offer READY solutions, HIGH QUALITY PLAGIARISM FREE essays and term-papers.

We are online and ready to help.