Rolls Royce rescued by veterans. In the early 1970s, Rolls-Royce, a renowned aircraft engine manufacturer, faced a crisis that threatened its very existence. This story highlights the remarkable turnaround led by a unique group of retired engineers, showcasing the invaluable role of experience and wisdom in overcoming corporate challenges.
Rolls Royce Recalling Engineers, 1971
The aircraft engine manufacturer Rolls-Royce is experiencing the most critical moments of its existence. Revenue is low, and a prolonged development project is draining all funds. Bankruptcy is averted by a quick move by the British government – after all, this company has strategic importance. Usually underrated, the most special forces. The development project for the new RB211 engine, strangely enough, is not “killed”. An engineer brought out of retirement takes charge of this project. He also calls upon several other highly experienced designers in their seventies from retirement. Together with a few hundred other engineers, they overcome problems and bring the project to the surface – finally, there is the first sale, then more.
The Success of the RB211 Engine
After a few years, it turns out that these engines are 7% more economical than the competition, allowing airlines to save even a million dollars a year per airplane. This begins a long series of increased orders, making Rolls Royce one of the three global players in this industry, along with GE and Pratt & Whitney.
Reflecting on the Value of Experienced Engineers
What is it that retired engineers have that their younger colleagues don’t? Is it just experience? Or are they rested? Or maybe they have nothing to lose and are more daring? Or perhaps they know the right people? What examples do you know of engineers in retirement age? Write in the comments. Watch the full story of the RB.211 engine in the video below to find out how two-kilo chickens from a nearby store destroyed hope for the first carbon fiber fans and what problems had to be overcome.
Rolls Royce Celebrating the Legacy of Experience
Rolls Royce rescued by veterans. This tale of Rolls-Royce’s revival, led by a team of seasoned engineers, underscores the profound impact of experience and seasoned insight in the corporate world. It’s a testament to the idea that sometimes, the most innovative solutions and leadership can come from those who have already left their formal careers behind, proving that wisdom and experience are invaluable assets in any industry.
TRIZ Champion and Project Management Expert. Valued for opening thinking. The trainings he conducted were often a breakthrough event in the participants' careers. At TRIZ, he is fascinated by the possibility of providing simple solutions to difficult problems and breaking fixations. A trainer with over 20 years of experience, as well as a long-term member of the Supervisory Board at the ODITK GROUP. A respected speaker talked about TRIZ at Lean, Project Management (IPMA, PMI) and Production Management conferences.