Boeing and The Affair
This week Boeing ousted Chief Executive Officer Harry Stonecipher for having an affair with a female employee. Was this a smart move for Harry Stonecipher? Let's pretend to be in the shoes of Harry Stonecipher as he is making the decision to have an affair with this woman. Lets look at the opportunity cost; On one side you can say if I don't have an affair I can save my name and still be the head of Boeing. On the other side you can say if I have the affair I will get a quick fix and maybe carry on the relationship with the employee, but I will be fired because I violated the code of conduct. This is a tough decision. What would you do if you were in this situation? I cannot decide.