Word: partnering
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...even before that, experts say to attend a number of auctions having researched specific houses - dry runs without actual bidding. And keep in mind that you'll be going up against people who do this full-time. "This is a really a hard job," says Munn. "I tell my partner all the time, if it were easy, everyone would do it." That doesn't preclude everyone from wanting...
...downriver, China Inc. is also reshaping Laos' riverside capital, Vientiane. The landlocked nation has been shunned by many international investors as one of the world's last remaining hard-line socialist regimes. But what others consider a pariah state, China sees as an ideological soul mate and business partner. The biggest thoroughfare in Vientiane, as well as the capital's main park and the National Cultural Hall, were all built with money given to the city by the Beijing government. More than 3,000 Chinese laborers are also busy constructing a national stadium, the centerpiece of Laos' debut as host...
That includes sharing the jet's risks by getting more partner manufacturers worldwide to do the heavy lifting and take exposure for the $10 billion project onto their books. Boeing has taken risks with new materials and technologies and fashioned the Dreamliner into something that beleaguered airlines and their passengers might actually enjoy. Analysts say the 787 might be the first plane that passengers actually choose to fly because of new interior amenities, such as more pressurization, more humidity, bigger windows, more room as well as a lower carbon footprint per seat. That hits a sweet spot with airlines when...
Boeing is planning to shift the emphasis on speed to the production line. It took a page from lean manufacturing to help manage its restructured partner base and outsourcing of parts. The company has pushed outsourcing to new levels, about 70% of the aircraft. (Boeing and Airbus both averaged about 50% on previous jets.) The change in supply management has increased competition among suppliers and subcontractors, which will allow Boeing to speed up final assembly of the 787. The goal is three days, in contrast to 14 days for the 777. Boeing hopes to produce up to 16 aircraft...
...Bair has always had a firm grip on the Dreamliner's development, but that's because he knows when to let go. Bair says Boeing made as significant a change in how it approached systems, avionics and hydraulics as it did in giving more responsibility to its high-cost partner manufacturers such as Kawasaki Heavy Industries of Japan and Italy's Alenia/ Vought Aircraft Industries. For example, the specification control document, which explains how to build an electrical-distribution system, was about 2,500 pages for the 777. "[Partners] had to figure out 2,500 pages of stuff...