By Scott Eblin – One of the reasons annual performance reviews suck so much is that they too often deal in data points, not trends. Too many managers don’t provide meaningful performance feedback on a real-time basis so when performance review time rolls around (as it always and predictably does), they find themselves scrambling for points to make in the review conversation. That’s where the data points come in.
In the absence of any meaningful thought or preparation, whatever happened recently suddenly becomes a trend. That meeting you nailed? Good job on that—you had a great year! That presentation you muffed? You know, I’m not sure you’re really a good fit for us.
A data point does not a trend make. It’s a cognitive bias. Don’t fall for it. Great leaders assess on the trends, not the data points. more>
Engine Czech: This University Partnership Is Set To Propel Turboprop Engineering To New Heights
By Tomas Kellner – GE has spent the last 100 years building GE Aviation into a leading force in the aerospace industry. Since it was founded in 1918, the business unit, which brought in $27 billion in revenue last year, has introduced key innovations: It built the first jet engine in the United States and the largest and most powerful jet engines in the world; supplied engine parts for the largest commercial jetliner; and pioneered new materials and technologies like composites and 3D printing.
But it’s been only in the last decade that its Business and General Aviation unit, which is building engines and other technology for private and business planes, decided to pay close attention to the multibillion-dollar turboprop market.
“The turboprop segment has been underserved for decades,” says Brad Mottier, who runs the GE Aviation division. “Airframe customers and operators alike complained about the lack of innovation.”
This week, Mottier and his business said they are inviting the sharpest young engineers in the Czech Republic to help them transform the way we power small aircraft. The company will partner with Prague’s Czech Technical University (CVUT) to help bring up a new generation of aerospace engineers.
Why Prague? The Czech capital is the place where GE decided to jump into the turboprop engine market in 2008, when it took a bet on a storied but struggling turboprop manufacturer, Walter Engines.
Just like the Wright brothers, founder Josef Walter started out fixing and building bicycles before venturing into aviation. Established in 1911, his company ran aviation factories in Italy, Spain, Poland and elsewhere in Europe that produced record-breaking engines for planes used by 13 sovereign air forces. more>
Posted in Business, Economic development, Education, History, Science, Technology, Transportation
Tagged Business improvement, GE, History, skill development, Technology, Turboprop