There’s also a connection in the lessons MBA programs impart to their students these days, which leave them completely unprepared to manage businesses that depend on quality output to reap sustainable profit. The entire notion of quality is now a secondary, or even tertiary, consideration when new “leadership” is foisted upon a company or endeavor that has gotten where it’s at not through “efficiency,” but by the passionate contributions of its staff. Modern management has no idea what to do with that dynamic.

The cuts, which began in 2018, took the form of reducing the hours of workers and "the number of daily showtimes," and removing customer-friendly policies
Cinerama has been doing steadily better year over year. Well, now the ‘epic’ renovation goes through and the numbers skyrocket.

Actions speak louder than words, IMO.

"There’s also a connection in the lessons MBA programs impart to their students these days, which leave them completely unprepared to manage businesses that depend on quality output to reap sustainable profit..."

BINGO! The product itself is a low priority. Top priority is reducing labor costs (usually to keep stockholders happy). Because that is way easier than making a good product. Since, you know, labor has no power in the country at all.

Or the Cinerama really could be renovating. Just sayin'.

The difference here being that Cinerama's troubles don't stem from designing a theater that leans so far over it wants to collapse, save for a piece of software that occasionally pushes it back in place.

Last I checked no Cimerama's have fallen out of the sky to negligent oversight, so it's a little bit different than cutting some hours and renovating the building.

Relax!
It's nothing Personal.
It's
just
Capitalism!

No, it's GREED.

Been reading you for 20 years, since I was a homeless street punk. I well remember a late 90s piece you wrote about whites being free to walk around the city and blacks having nothing to do but standing on their corner and the racist policies and attitudes that led to these phenomena. Here, you're right on the money, as always. These effects aren't capitalism gone wrong, but capitalism fulfilling its aims.

@1 -- Yes. It isn't too hard to draw a line from here: https://www.theatlantic.com/ideas/archive/2020/02/how-mckinsey-destroyed-middle-class/605878/ to here: https://www.seattletimes.com/business/boeing-aerospace/experts-question-whether-boeings-board-of-directors-is-capable-of-righting-the-company/.

"Particular industries, and still more individual companies, may be committed to distinctive, concrete goals and ideals. GM may aspire to build good cars; IBM, to make typewriters, computers, and other business machines; and AT&T, to improve communications. Executives who rose up through these companies, on the mid-century model, were embedded in their firms and embraced these values, so that they might even have come to view profits as a salutary side effect of running their businesses well. When management consulting untethered executives from particular industries or firms and tied them instead to management in general, it also led them to embrace the one thing common to all corporations: making money for shareholders. Executives raised on the new, untethered model of management aim exclusively and directly at profit: their education, their career arc, and their professional role conspire to isolate them from other workers and train them single-mindedly on the bottom line."

"Boeing’s board, while not lacking in name recognition or business prowess, has drawn criticism for a seeming deficit of technical, safety and engineering expertise."

Bears rub their backs on trees to deposit scent and mark territory, not because they’re itchy.

"Boeing’s board, while not lacking in name recognition or business prowess, has drawn criticism for a seeming deficit of technical, safety and engineering expertise."

Gosh, if only there were some technical, safety and engineering Expertise / Talent Boeing might tap into for their Clueless, failing Board of Directors.

But where oh WHERE might one look
for such Expertise, one wonders...

@13 -- Nonsense:

here's Baloo:
https://www.youtube.com/watch?v=9ogQ0uge06o

"Boeing is having a harder time because... "

Their fucking Planes kept dropping out of the Sky.

"This isn't greed unless you think it is greedy
to want to stay in business for the long run."

Cutting costs (when Business is Good) and making planes that fall outta the Sky is NOT how Boeing's gonna stay in Business -- for Any length of time.

Boeing, thanks to its hugely Inept Board of Directors, is on its Deathbed.

WHO will administer Boeing's Epi-Pen, I wonder...

If Boeing were run by engineers, they'd be building high speed rail nationwide, and cranking out hybrid turboprop electric planes, instead of the Big Birds they do now.

Cinerama needs to do the same.

Reminder to self: When the byline is Charles Mudede's, don't bother to read the article.

This is not a "news" story - he apparently never even attempts to contact anyone at the Cinerama/Vulcan - and yet titles the article "Crisis at Cinerama." A remodel is not a crisis, and trying to maximize concessions profits at a single-screen movie theatre is a logical move if said single-screen movie theatre is going to have any chance of survival. Comparing the Cinerama to Boeing is like comparing apples to existentialism.

"A remodel is not a crisis" --Dingles, above

Of course not.

But a layoff on ten seconds notice
and Rent's DUE next fucking week
and you splurged and bought groceries
this week instead of waiting and making sure.....

Maybe you could sell your blood
or your girlfriend's. Nah. Not
on Valentine's Day.

Engineers RUN Boeing?
Nah. Put a few
On The Board.

And maybe a Pilot
and a maybe a Mechanic or two ...
Stakeholders. Who might be able to
hold the Managers -- and the Planes -- Accountable.

Making a Second sensor Optional

NOT telling pilots about the system
that would override pilot input

Not having to pay pilots for MAX simulator
training to make the planes 'Cheaper'

Isn't that called Profiteering?
Or is it merely late-stage Capitalism.

Can Capitalism be saved?