Captain McNerney
TIME MACHINE
IMAGE PHOTOGRAPH 1CHICAGO-BASED BOEING Co. IS FLYING HIGH. The aerospace giant booked 1,002 net orders for commercial
These records came in a year in which a new CEO took command at Boeing. W. James McNerney moved from St. Paul-based 3M Co. into the pilot's seat at Boeing on July I.
In naming McNerney CEO of the Year for 2003, INDUSTRYWEEK noted that he had "impressively established" his identity at 3M in a "nonflamboyant yet focused way." Among his priorities at 3M were process and quality improvement. Using Six Sigma as a tool, 3M quickly went to work on yield, scrap and rework. If Boeing is to make good on its record number of orders, McNerney again will have to focus on such improvements, cutting airplane assembly time and assuring the quality Boeing customers have come to expect. Otherwise, arch-rival Airbus SAS will be only too willing to add airlines to its commercial-aircraft order books. -JOHN S. McCLENAHEN
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