This report provides a comprehensive analysis of risk management in the context of the Boeing 737 MAX case. It identifies and evaluates the risks associated with the aircraft's operation, including risk attitude, risk appetite, risk identification, risk consequences, and risk impacts. The report delves into the organizational failures and human errors that contributed to the grounding of the 737 MAX, as well as the subsequent efforts to regain certification. It also examines the theories and approaches that can be used to improve the company's performance and mitigate future risks, such as psychological theories and critical feedback mechanisms. The report concludes that effective risk management is crucial for the long-term success and sustainability of Boeing 737 MAX.
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