BOEING AIRCRAFT

Boeing aircraft



Boeing aircraft

Characteristics of innovation and change in an organization

Boeing is among the major organizations in the global industry of aerospace. They are one of the major contractors of Defense department of USA and NASA. Boeing has also undertaken operations in the US Air force on a number of occasions. The United Space Alliance also undertakes operations like modification, testing, and analysis of the final operations of the space fleet before its launch. Boeing has also entered in the Sea Launch venture and has a share of about forty percent in that venture (Newhouse, 2008).

SWOT analysis

Strengths

Diversified business offerings

Strong focus on research and development

Strong financial performance

Weakness

Declining performance of integrated defense systems division

Relatively reduced employee productivity

Weak turnover ratios

Opportunities

Growing demand for commercial airplanes

Strong order booking

Rising defense spending

Threats

Increasing prices of titanium and aluminum

Intense competition

Heavy dependence on government contracts

Government regulations

System for the case study

Outsourcing had a number of benefits for Boeing. From a macro perspective, the global outsourcing of services had allowed Boeing to take a number of advantages, which might not have been possible had Boeing decided to go for their own manufacturing.

Application of the system

The first advantage of outsourcing for Boeing is that they would be able to maximize their production within a small amount of time. In this competitive world, a number of organizations are using their workforce to get the maximum level of output. Boeing had made an effort to maximize their production capacity to meet the ever-increasing global demand for aero planes; in this way, Boeing had outsourced small portions of the requisite tasks or works to a smaller and more focused group of individuals, who can provide an accurate and quality product. Then outsourcing had also allowed Boeing to go for innovative products. Boeing will also manage to cut down their costs related to production through outsourcing. They are taking advantage of globalization, and going for production at reduced costs. However, there are also a numerous risks associated with the concept of global outsourcing (Peng, 2009).

Challenges of innovation and solution

In today's world, the only thing that is constant is change. In order to meet the steps with, the rest of the world it is imperative to adopt these changes. It becomes difficult in an organization to adopt, and, accept changes because, in an organization, many different people work together in a setting, and, whenever change is introduced to them, resist these changes. Managers adopt variegated forms, ...