article thumbnail

Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

These include offsetting greenhouse gas production by purchasing carbon credits, investing in more efficient gas turbine engines, using sustainable aviation fuel, and manufacturing with novel materials and 3D printing methods. When it comes to understanding the carbon footprint of these aircraft, the primary culprit is the engine.

Trends 88
article thumbnail

Boeing Starliner Failure: Lessons for Your Lean Program

Markovitz Consulting

The problem with this engineering marvel? The spacecraft’s internal clock became unsynced with the overall “mission elapsed timing” system, so the Starliner failed to fire its engines at the correct time to reach orbit. No, the problem was with the internal clock. Does your lean program face the same problem?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Price is Right: Decoding the Art of Product Pricing

Tom Spencer

For instance, airlines typically try to practice price discrimination by charging higher prices for business travelers and lower prices for tourists. Businesses that use cost-plus pricing might include manufacturing or engineering firms that have significant and sometimes highly variable production costs.

article thumbnail

What Managers Can Do to Keep Women in Engineering

Harvard Business

Engineering faces a serious gender-based retention problem. Despite all the efforts encouraging women to study engineering, over 40% of highly skilled women who enter the field end up leaving. In 2014 we interviewed 34 women engineers in two FTSE 100 firms in the UK. vgajic/Getty Images.

article thumbnail

Achieving Startup Success via Product-Market Fit

Tom Spencer

Others have developed theories to explain why businesses fail and what criteria distinguishes successful founders from unsuccessful ones. While this idea is appealing and no doubt has some truth to it, it has led many entrepreneurs to develop, fund, and launch products that ultimately fail.

article thumbnail

Why an Internship is Not a Step Back During Graduate School

Tom Spencer

Mechanical and aerospace engineers might want exposure to manufacturing and testing processes for large scale machinery. Computer science and computer engineering students might take a break from developing algorithms and instead develop code for a technology firm. If you are pursuing a Ph.D. Image: Unsplash.

article thumbnail

Consultant Profile Series: Dane Sequeira

Tom Spencer

in Mechanical Engineering, studying under Dr. Brian Mann. Consulting provided a good opportunity for me to apply my skills in research and development, but simultaneously get exposure to other industries and positions out there in the business world. Then I demonstrated success leveraging my combined consulting and engineering Ph.D.