Do Pilots Make Better CEO’s
Published: August 9, 2011 / Author: Russ Editor-in-Chief
Well, you knew it in your heart all along but now researchers from Notre Dame University’s Mendoza College of Business and from the University of Oregon have confirmed it: Pilots make better leaders, especially in the corporate setting. In a study that compared the relative success of 179 companies led by CEOs who are pilots and 2,900 led by those who are not, researchers found that pilot-led companies tend to do better, by some benchmarks, than those who don’t fly. “These CEOs tend to complete acquisitions that are more successful than those completed by non-sensation seeking CEOs,” Notre Dame Professor Matthew Cain said. “Their creativity and novelty seeking characteristics lead them into deals that improve the growth prospects of their firms.” The researchers say its in those CEOs’ genes to take calculated risks that can lead to better prospects for their companies and it works for the same reason many of them ride motorcycles, skydive and fly aircraft. The same genetic predisposition can also lead to a host of other less noble pastimes.
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This story also appeared in Airlines Flights Fares.