How a Bad CEO Hire at Boeing Led to 300 Deaths episode artwork

EPISODE · Jun 18, 2024 · 44 MIN

How a Bad CEO Hire at Boeing Led to 300 Deaths

from We Live to Build

How a Bad CEO Hire at Boeing Led to 300 Deaths. In this interview, Tom Verboven, a senior director who assesses executive talent for Fortune 500 companies, uses the tragic case of Boeing to illustrate the life-or-death stakes of leadership selection. He explains how hiring a CEO who didn't embrace the company's "safety first" culture resulted in catastrophic quality issues, hundreds of deaths, and a collapse in share price. Tom also reveals why hiring a new CEO is statistically a "50/50 gamble," like flipping a coin. We discuss the hidden forces of "bias" and "noise"—like whether an interviewer is hungry, hot, or if their favorite sports team lost—that unconsciously impact critical hiring decisions. Finally, we explore the dangers of using AI in hiring and why, without proper oversight, it will likely reinforce biases to only select "white male, 45 plus" candidates. Check out the company: https://thetalententerprise.comBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory👀 CONNECT WITH SEANSubscribe: https://www.youtube.com/@seanweisbrotLinkedIn: https://linkedin.com/in/seanweisbrotInquiries: [email protected]🕒 CHAPTERS00:00 - My Accidental Career Assessing Leaders03:31 - Why Most Companies Use the Wrong "Success Profile"07:11 - How Do You Assess Creativity and Innovation?10:41 - Why Hiring a New CEO is a 50/50 Gamble14:44 - The Boeing Example: A Bad Hire, 300 Deaths18:30 - "Noise": How Hunger, Heat & Sports Bias Your Decisions22:16 - The Unseen Dangers of AI in Hiring29:49 - Why AI Will Only Hire White Men33:33 - My Job Will Be Replaced By an Algorithm40:53 - The Most Important Trait in Any Leader📈 WORK WITH ME▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate▶ My AI/Automation Agency: https://optimai.aiLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.

Episode metadata supplied by the publisher feed · Published Jun 18, 2024

Embed this episode

NOW PLAYING

How a Bad CEO Hire at Boeing Led to 300 Deaths

0:00 44:49

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of We Live to Build?

This episode is 44 minutes long.

When was this We Live to Build episode published?

This episode was published on June 18, 2024.

Can I download this We Live to Build episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!