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Aerospace Executive Development Academy ACAD12

Many engineering, technical, and business professionals in aerospace companies demonstrate desirable skills and qualities, that identify them as candidates for high level leadership positions. Leveraging SAE’s longstanding reputation in aerospace standards and lifelong learning programs, an executive development program has been designed for high-potential leaders in the aerospace industry.

This nine-day, two (non-consecutive) week program combines established leadership content with highly relevant aerospace industry experiences including interactions with some of industry’s top executives and agency leaders, case studies, and a real-world team project. Our team of experts includes Steve Bouley, the former Vice President of the Space Launch Systems Business Unit for Aerojet Rocketdyne and other finance, management, and leadership instructors.

The first Academy week is held in Washington, DC. Following a six-week break, the second Academy week will be held in Newport Beach, California where students will be exposed to a panel of guest speakers from the aerospace and space industries. Class hours each day are 8:00 a.m. to 5:00 p.m. Attendees are also expected to devote minimal time during evening hours to work on the team project.

The course fee includes all instruction and course materials along with daily meals including light breakfast, and lunch. Dinners, lodging, and airfare expense is on your own.

Learning Objectives
By attending this Academy, you will be able to:
  • Articulate the fundamental skill sets necessary to lead, plan and manage strategically
  • Effectively manage complex decision and policy making situations
  • Analyze and formulate effective business strategies
  • Plan and implement organizational change
  • Demonstrate awareness of core financial management skills
  • Evaluate several enterprise financial and functional decision processes
  • Analyze business situations with a strategic big-picture think-like-an-owner perspective
  • Explain the government and regulatory considerations in leading aerospace companies
  • Consider global aerospace market dynamics
  • Develop and make high impact presentations
  • Leverage a new and ongoing network of peers and executive contacts

Who Should Attend
This Academy is designed specifically for future leaders in aerospace-related companies who have shown high potential to grow into upper management and executive level positions. Typical current job titles may include Senior Manager, Director, Group Leader.

This Academy assumes individuals have at least seven years’ experience in the aerospace industry and have had some level of responsibility managing people and business activities. Awareness of mathematical basics of case analyses and problem solving techniques is desirable.
DAY ONE - Monday 8:00 am- 5:00 pm
Welcome, Orientation—Steve Bouley
  • Program overview
  • Ice-breaker activity
  • Group project introduction/overview
  • Group project team assignments
High Impact Presentations—Jan Ferri-Reed
  • Key parts of successful presentations—introductions, transitions, conclusions
  • Using your strengths to your advantage
  • Understanding and persuading your audience
  • Tips for visuals
  • Tips for effective remote presentation (web-ex, etc)
  • Preparation and practice
DAY TWO - Tuesday 8:00 am – 5:00 pm

Principles of Economics and Finance-James Masiak

  • Organizational Processes and Responsibilities for Determining Cost
  • Economics, Finance and Cost Principles
  • Macroeconomics and Growth
  • Microeconomics, Supply & Demand, Pricing
  • Comparative Advantage & Benchmarking
  • Finance & Accounting Principles & Managerial Accounting
DAY THREE - Tuesday 8:00 am – 5:00 pm

Principles of Economics and; Finance-James Masiak

Finance and Financial Condition Analysis (Thinking Like an Owner)

  • Corporate SEC Form Filings
  • Financial Statements & GAAP
  • Financial Analysis & Ratios, Case Analysis
  • Capital Sources & Allocation
  • SEC documents (10-Ks)
Time Value of Money and Decision Making
  • Interest: simple and compounded
  • Inflation
  • Worth: present and future values
Decision Making
  • Life Cycle Costing
  • Net Present Value
  • Internal Rate of Return, Payback Period
  • Case Analysis, including cost impact of regulatory changes
DAY FOUR – Wednesday 8:00 am-5:00 pm

Principles of Economics and Finance-James Masiak

Cost Impact on the Enterprise

  • Cost of capital, cost of equity and debt, WACC, Case Analysis
  • Cost of Ownership, Depreciation; Accelerated cost recovery; Depletion
  • Tax obligations and Corporate Rates
Alternative Financial Decisions Using Case Analysis
  • Make-Buy
  • Buy-Lease
  • Repair-Replace
  • Investments of Unequal Life
Sensitivity & Scenario Analysis Matrix Priority Rating Systems – Balancing new technologies and current products using cross-functional business disciplines

(Week Two)
Overview - Steve Bouley

  • Strategic Leadership in Aerospace
    • Human Behavior
    • Organizational Culture
    • Leadership vs. Management
    • Decision making and problem solving
    • Strategy development
    • Managing change and strategic change
  • Program and Project Leadership
    • Organizational Structures in Aerospace
    • Program/Project management tools
    • Proposals
    • Contract structures
    • Financial Management
    • Systems engineering and tools
  • Career perspectives and examples
Strategic Leadership in Aerospace
  • Theories of human behavior
  • Human motivational factors
  • Organizational culture
    • What is culture?
    • Influencing culture
    • Defining, establishing, and implementing norms
    • Tribal behavior implications
    • Diversity
  • Systems
    • What are systems?
    • Systems implications in aerospace organizations
  • Geographical diversity
    • Colocation vs. virtual organizational implications
    • Domestic vs. international implications
  • Group project Q&A/Assistance
  • Leadership vs. Management– Steve Bouley
    • Types of Leaders
    • Authority & Power
    • Establishing Mission & Vision
    • Management/Leadership Styles
    • Barriers to Leadership
  • Decision Making & Problem Solving
    • What are Decisions?
    • How are They Made?
    • Decisions vs. Problems
    • Decision Making Tools
    • Problem Solving Tools
  • Strategy Development
    • What is Strategy?
    • Why is it Needed?
    • How Do We Create it?
  • Group Project Q&A/Assistance
  • Managing Change & Strategic Change - Steve Bouley
    • Defining Change vs. Strategic Change
    • Change Management
    • Strategic Change
  • Program & Project Leadership
    • Organizational Structures in Aerospace
      • Product, Functional, & Matrix Structures
      • Which Type is Best?
    • Program/Project Management Tools
      • Enterprise Resource Planning (ERP)
      • Resource Loaded Scheduling
    • Proposals
      • Commercial vs. Government Proposal Creation
      • Proposal Teams & Training
    • Contract Structures
      • Commercial vs. Government
      • Typical Contract Types
  • Group Project Q&A/Assistance
  • Program and Project Leadership (Cont.) - Steve Bouley
    • Financial Management
      • Earned Value Management
    • Systems Engineering & Tools
      • Model Based Product Definition
  • Customers
    • Internal Customers
      • Who are Internal Customers?
      • Internal Customer Interactions
    • External Customers
      • External Customer Relationships
  • Career Perspectives & Examples
    • Early Career
    • Mid Career
    • Late Career
  • Group Project Q&A/Assistance
  • Group Project Finalization (Morning) - Steve Bouley
  • Group Project Presentations (Afternoon)
Steve Bouley - Aerospace Leadership Academy Curriculum Lead; James Masiak; Jan Ferri-Reed

Steve Bouley Instructor Steve Bouley
Steve Bouley is currently the CEO of SAB Consulting, LLC which provides Program Management & Engineering Consulting Services to a variety of commercial and government customers. Steve retired as Vice President of the Space Launch Systems Business Unit for Aerojet Rocketdyne in early 2016 after working over 35 years in the rocket propulsion industry. Steve joined Rockwell International in 1980 as a development engineer on the Peacekeeper ICBM Stage IV development program at the company's Rocketdyne Division in Canoga Park, CA. 

In late 2003, Steve became Division Director of Expendable Propulsion Programs, including the RS 68, RS-27 and MA-5/5A engine programs. In 2005, Steve held a leadership role in the merger of Rocketdyne with Pratt & Whitney's space propulsion business to form Pratt & Whitney Rocketdyne (PWR), and he was then named General Manager of Pratt & Whitney Rocketdyne's California Operationsl He managed the United Technologies Corporation/PWR's West Palm Beach, FL facility from September 2008 to February 2011. With the acquisition of PWR by Aerojet Rocketdyne Holdings, Inc. (formerly Gencorp), Steve became the Vice President of Space Launch Systems for Aerojet Rocketdyne.

Steve graduated with a Bachelor of Science in Mechanical Engineering and Applied Mechanics from the University of Rhode Island in Kingston, Rhode Island. He also studied for a Master of Science in Mechanical Engineering at the California State University, Northridge. He has a certificate in Program Management from the West Coast University, and in August 1999, received his Master of Business Administration from Pepperdine University in Malibu, Calif. Additionally, Steve is a registered Professional Engineer in Mechanical Engineering in the State of California.

James Masiak Instructor James Masiak 
Since 1986, James Masiak has been acquiring experience in product and process development and implementation of business processes for General Motors. Activities include the implementation of an enhanced engineering product cost management process within GM North America, the alignment of cross-functional organizational initiatives, and development of an engineering resource allocation plan for GM Regions. Mr. Masiak was also responsible for the development and implementation of Global Engineering and Business Strategies across General Motors International Operations. His initial assignments at GM included vehicle and component testing & analyses, product development & management and strategic planning and benchmarking. He has recently applied the Innovation Corps Business Model Canvas methodology in assisting college and private sector startups.

Mr. Masiak received his B.S. in Mechanical Engineering from Wayne State University, his M.S. in Mechanical Engineering from the Massachusetts Institute of Technology, and his M.B.A. from the Michigan State University Executive Management Program.

Jan Ferri-Reed Instructor Jan Ferri-Reed 
Jan Ferri-Reed is a seasoned consultant and President of KEYGroup where she has worked with leaders to create cool workplaces that attract, retain, and get the most from their talent. Her expertise, insight, wisdom, humor, and practical solutions have made Jan a highly sought-after speaker for keynote addresses, seminars, conferences, and workshops. She has brought fresh concepts and effective techniques to executives and audiences around the globe.

Among the organizations that have engaged Jan to deliver speeches, develop custom presentations, and provide consulting services are: GlaxoSmithKline, Pitney Bowes, PPG Industries, Inc., U.S. Steel Corporation, SAE International, American Society of Association Executives, Transformer Association, The Minerals, Metals & Materials Society, National Association of Graphic and Product Identification Manufacturers, Inc., Bristol Myers Squibb, Bayer, Mitsubishi Electric Power Products, and MTV Networks.

Jan is the co-author of the published book with Dr. Joanne G. Sujansky for John Wiley Publications, Keeping the Millennials: Why Companies are Losing Billions in Turnover to This Generation and What to Do About It and author of Millennials 2.0: Empowering Generation Y. These books explains how Millennials are costing corporations around the globe billions in unnecessary, preventable turnover and provides a proven approach for creating a corporate culture that keeps them on the job and working productively.

Scott Ward Scott Ward is Vice President of Engineering for Aerojet Rocketdyne, and provides the overall leadership, resource management, project oversight and technical guidance for all activities within the Engineering organization. He oversees approximately 1,500 mechanical, electrical, systems and software engineers for the company. His leadership oversight of the company’s engineering activities drives the development and fielding of rocket propulsion systems and energetics for defense and aerospace applications. In this role, Mr. Ward also serves as the chief technical spokesperson for Aerojet Rocketdyne.

Mr. Ward is a veteran of the aerospace and defense industry. Prior to joining Aerojet Rocketdyne in 2016, he was the director of the Engines & Motors Team at United Launch Alliance (ULA). In this position, he had comprehensive responsibility for managing the full life cycle and value stream integration of all liquid propellant rocket engines and solid propellant rocket motors used in ULA’s launch vehicle product lines.

Prior to that assignment, Mr. Ward was director of Product Development and Evolution, responsible for planning and execution of product development projects that improved the capability, operability and affordability of the Atlas and Delta product lines. Developments executed under his leadership included major launch system upgrades, engine upgrades, new payload accommodations capabilities, range modernization enablers and primary structure improvements.

Before joining ULA, Mr. Ward held a number of leadership positions at The Boeing Company. He was the director of Delta IV Development where he led the development and refinement of concepts for evolving the operational Delta IV fleet into higher performing variants. He also was the chief systems engineer for Delta IV Development activities, as well as the manager of the Aerodynamics and Thermal Analysis group for the Delta Launch Vehicle Programs.

Mr. Ward began his career at McDonnell Douglas in 1986 as an aerodynamicist working on advanced programs at the commercial aircraft division. He later moved to the missiles and space division where he provided specialized Computational Fluid Dynamics analysis expertise, supporting various strategic defense and NASA programs.

Mr. Ward holds a Bachelor of Science in Aerospace Engineering from the University of Virginia and a Master of Science in Aeronautics and Astronautics from Stanford University.

Hotel & Travel Information

Fees: $8235.00
SAE Members: $7412.00 - $7412.00

5.2 CEUs
You must complete all course contact hours and successfully pass the learning assessment to obtain CEUs.

For additional information, contact SAE Customer Service 1-877-606-7323 (724-776-4970 outside the U.S. and Canada) or at

Duration: 9 Days
Upcoming open enrollment dates being scheduled. Please check back.