Farnborough International’s Post

Nicola Grady-Smith spoke at McKinsey & Company on the subject of Transformation & Strategy in Aerospace She explained her career journey, & shared learning of the critical need for a strong team & strategic choices. Here’s a glimpse into Rolls-Royce strategic direction and the importance of cross-functional alignment: Strategic Choices and Alignment • Capital Markets Day 2023: Set a clear strategic direction. • This was developed with a Cross-Functional Collaboration: Aligning 200 people for data-driven decisions & benchmarking. Key Questions in developing a strategy : 1. What are our markets, scale, and size? 2. Are we differentiated? 3. Can we generate attractive returns? This led to the 4 strategic goals: 1/ A high performing company – improving our operating profit 2/ A competitive company – with a competitive operating margin 3/ A resilient company – through our return on capital 4/ A growing company – by growing sustainable free cash flow Focus Areas for enabling this Strategic Framework: • Portfolio choices and partnerships: We’re bringing razor-sharp focus to grow those areas where we have strategic advantage due to our strong market position and differentiated, distinctive offering. • Advantaged businesses and strategic initiatives: We will continue to deepen our competitive advantage with key initiatives in each: widebody, business aviation, combat and transport, mobile, and stationary power systems. • Efficiency and simplification: We’re creating sustainable cost efficiency. We will do this through a simpler organisation, Group-wide procurement excellence, and rigorous planning and budgeting to embed more cost control across the Group. • Lower carbon and digitally enabled businesses- Digital and Sustainability: We’re embracing the energy transition for ourselves and our customers. We will participate in growing markets where we have the capability to win. We’re already contributing to a low-carbon world. Emphasising carbon & low-carbon pathways. Sustainability Challenges • Integrating long-term policy investments. • Collaborating with the industry and government to decarbonise aviation. Partnerships and Investment • Adopting new collaboration methods. • Partnering with suppliers and government to overcome supply chain bottlenecks. Rolls Royce’s Bold Vision • Setting mid-term targets & driving pace with clear accountability. • Celebrating extraordinary achievements driven by bold targets & dedicated ownership. Organisational Strategy • Identifying clear business drivers & management information needs. • Balancing transformation initiatives with ongoing business operations. Human Elements in Transformation • Maintaining transparency & fostering conditions for excellence. • Upholding safety, ethics, & compliance as core values. Aerospace & Defence Insights: • Recognising the importance of human endeavour & engineering excellence. • Leveraging the dedication & expertise of our people. #EnergyTransition #Transformation

Its a career plan developed for aviators.  Unlock possibilities, learn more today. Here to help aviators grow. #aviation #development #training #skillsdevelopment #future #careerplanning 

Enrolled in the ATP CTP (Airline Transport Pilot - Certification Training Program) this summer at Airborne Training Services . The next step in achieving my aviation goals along with the written exam following the course.

Our CEO Tufan Erginbilgic was delighted to welcome UK Prime Minster Keir Starmer and kick off Day 1 of Farnborough Airshow. Tufan and Airbus CEO Guillaume Faury introduced the Prime Minister to apprentices, sharing their experiences and the importance of high-quality skills training for driving UK economic growth. Aerospace and defence are strategically vital sectors. We welcome the Government’s spirit of partnership with industry. It is vital to keeping our country safe and delivering sustained economic growth across the UK. Rolls-Royce lies at the heart of the UK’s economic, national and energy security. Generating 1.7% of all UK goods exports, we return substantial value to the UK economy through sales and jobs, and creating a strong, resilient industrial base. We stand ready to work together and achieve our shared ambitions. #RollsRoyce #FIA2024 #RollsRoyceCareers Image Credit: Getty Images/Bloomberg

🚀 FIA 2024 Wrap-up: British Aerospace Soars to New Heights! 🇬🇧✈️ Now that Farnborough Airshow is over, it's time to see where the results landed now the dust has settled. What a week for UK Aerospace! The numbers are in, and they're stratospheric: 💷 £81.5BN total committed spend 💼 £13BN value to UK industry ✈️ 260 planes ordered (£6.4BN to British Industry) 🛠️ 808 engines ordered (£1.2BN to British Industry) These figures aren't just impressive - they're a testament to British innovation, engineering excellence, and our pivotal role in the global aerospace sector. What's your take on these results? Who were the biggest Winners and up and comers? How do you see this impacting the industry's future? #FIA2024 #BritishAerospace #AerospaceIndustry #Innovation #executivesearch Source: ADS Group 📷 - airbus.com/en

🌍✈️ Advancing Multi-Crew Training Standards Through Global Collaboration As President of AMFTA, I am proud to share our latest recommendation (202409.01) aimed at enhancing multi-crew training standards across the aviation industry. This initiative ensures that pilots develop the essential teamwork and communication skills needed for safe and efficient operations in today’s multi-crew environments. In collaboration with National Aviation Authorities (NAAs) and key aircraft manufacturers—including leaders like Boeing, Airbus, Embraer, and COMAC—we are working to support the implementation of these standards and promote a consistent approach to pilot training worldwide. By joining forces, we aim to elevate safety and operational excellence across the industry. AMFTA is dedicated to fostering international cooperation and ensuring aviation professionals are equipped with the right competencies at every stage of their training. Together, with the support of Airlines, manufacturers and authorities, we can build a safer, more efficient future for aviation. #aviation #multicrewtraining #AMFTA #globalsafety #internationalcollaboration #aircraftmanufacturers#airbus#boeing#comac#embraer

When it comes to Aviation and Aerospace Quality/Safety, we have solutions to every challenge. #aviation #aerospace #trainings #worldclass #aatt #sms #qms #qualitymanagement #safetymanagement #blueribbon #briq #coachsushil

Aviation is a small world indeed! ✈️ Back in July 2001, Andrew conducted a Final Progress Check on an RAF Cadet Paul as he completed his Flying Scholarship. Fast-forward to a few months ago, he had the pleasure of inducting that same person into an Instructing Team at Yorkshire Aviation Academy. And just recently, he flew a Boeing 737-300 to Ibiza with none other than the same man! "It’s been fun to fly with Paul again after all these years and is proof, that aviation really is a small world!" #AviationLife #AviationIndustry

In the demanding world of precision aerobatics, even the most adept pilots can face challenges. Take, for example, Flight Lieutenant Justin “Jug” Hayter of the Royal Australian Air Force's Roulettes. His experiences remind us that we're all prone to mistakes, regardless of our expertise. Drawing inspiration from this, I've been reflecting on a recent challenge of my own—navigating the complexities of selling put options on First Republic Bank. In an effort to turn a setback into a learning opportunity, I've conducted an in-depth analysis of my decision-making process, closely examining the factors that led to this misstep. Acknowledging our errors is the first step toward growth. It's through introspection that we gain valuable insights, which can then be harnessed to strengthen our personal and professional resolve. I'm sharing this story to highlight the importance of resilience, adaptability, and the continuous pursuit of improvement. I'd love to hear your thoughts and stories as well. How have you turned a professional setback into a growth opportunity? Let's inspire each other with tales of resilience and adaptation. Comment below with your experiences! #ContinuousImprovement #ReflectAndAdapt #Resilience" Nanyang Business School

Are you a first officer transitioning to captain? Learning a new aircraft? Making a switch between rotary and fixed-wing aviation? Now is the ideal moment to join my course, 'Building Confidence in Aviation'! With extensive experience flying multiple aircraft, over a decade instructing in US Air Force pilot training, and six years immersed in mental performance training, I've designed this course to share the techniques that helped me, and now many others, conquer various aviation hurdles. It offers a unique and powerful perspective, empowering you to confidently navigate the challenges ahead. Course information and a link to schedule a 15 minute discovery call with me are on the comments. #BuildingConfidence #AviationTraining #PilotDevelopment #MentalPerformance #FlightSuccess