LESSON TWO
Smart Managers Don’t Repeat Mistakes
Chairman, United Utilities
THERE WAS A VERY FAMOUS GUY called “T.” Wilson, who really was the éminence grise of the Boeing airplane company for many years. In fact, he was the guy who, in the postwar period, built up the Boeing airplane company.
When I got to know T. Wilson—he was a lot older than I was—I was lucky enough one day to be having a drink with him. He was the guy who brought the Boeing 707 to the marketplace, which was really the first highly successful commercial jet airplane. Like a lot of other things, the Brits got there first but simply never turned it into a serious business venture. These guys in Boeing did it. But as a result, the demand for the aircraft rose ...
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