Table: Condit Writes a New Playbook for Boeing

-- Diversify into high-margin aviation and satellite services.

-- To distance himself and the corporate staff from day-to-day operations, create three quasi-independent companies.

-- Relocate headquarters far from Seattle and operating units.

-- Beef up Boeing Capital as a separate operating unit to expand financing services beyond aircraft purchasers. Create new units to search for opportunities in Internet and air-traffic control services.

-- Opened a corporate learning center in St. Louis, modeled on a similar GE facility, to foster a unified company culture.

-- Turn up the search for acquisitions that fit the new diversified strategy.

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