Culture, Change, and Continuous Improvement: From Bankruptcy to Industry Leadership A True Aerospace Story

Download or read book Culture, Change, and Continuous Improvement: From Bankruptcy to Industry Leadership A True Aerospace Story written by Colin E. Cramp and published by Lulu.com. This book was released on 2019-03-21 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does a company go from being two days away from filing bankruptcy papers to unparalleled performance in the Aerospace business? The answer can be found in this fascinating story of Aerostructures, a Chula Vista, California-based designer, manufacturer and supplier of major components and assemblies to all the major commercial aircraft manufacturers and to the world's airlines. In 1993 Rohr Industries, as it was known then, was in trouble. Business financials, income and cash flow in particular, were rendering the business unsustainable. The way the business was being run was archaic, organizational structure was cumbersome, and morale was low. Customers were very concerned, and several were preparing to exit.