
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
November 30, 2021: -One of Asia’s largest airlines, Cathay Pacific, faces a revolt from pilots who say Hong Kong’s strict quarantine rules under its zero-Covid policies endanger their mental health, leading to increased stress and resignations.
The previous week, Cathay Pacific Airways fired three pilots who breached company rules by leaving their hotel rooms in a layover in Frankfurt and later tested positive for Covid-19.
The government responds by forcing over 270 people, including school children linked to their families, into tiny quarters at a state quarantine camp.
Few pilots declared themselves unfit to fly for their first rostered duties upon release.
An example of pandemic-related precautions under China’s zero-Covid policy highlights Cathay pilots’ problematic working conditions, all fully vaccinated, even as other Asian countries reopen.
Cathay rivals, which include Australia’s Qantas Airways, have begun unwinding strict layover policies. Still, the Hong Kong government is tightening rules further with the mainland, which hopes to convince Beijing to allow cross-border travel.
“I don’t think I can keep this up,” one Cathay pilot who spoke on condition of anonymity told Reuters. “Just the stress of potential quarantine of my family and friends is taking a toll.”
Many other currents and recently departed Cathay pilots told Reuter’s morale was low, and resignations rose a year after many had their pay permanently cut by 58%.
Extreme stress is a huge issue in an industry where any sign of psychological problems can make it challenging to get another job.
“What’s the risk if I say to them I’m a bit stressed?” asked a pilot who has spent over 200 nights locked in hotel rooms away from Hong Kong since the pandemic started. “Does that affect my medical? And then you leave here, and they ask, have you ever been stood down for psychological reasons?”
The pilots expressed frustration with the ambiguity of some government-imposed pandemic-related rules. Pilots must avoid “unnecessary social contact” for three weeks after returning to Hong Kong, but they are not given time off to compensate.
Cathay acknowledged to Reuters in a statement that pilot resignations have increased beyond normal levels since October end.
“Regrettably, the incident in Frankfurt has affected current sentiment,” the airline said.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
Maushum Basu is a visionary leader who inspires his team with a clear, compelling purpose. Unafraid to take calculated risks, he understands that growth often stems from change and innovation. His deep commitment to both Airia Brands, Inc.
When speaking with Martin Paquette, one thing is immediately apparent: he’s honest. His transparency is refreshing. While many shy away from such vulnerability, Paquette sees it as a force to reckon with. The incredible emotional intelligence speaks to years of looking within—it’s also what allows him to acknowledge his mistakes gracefully and use them as opportunities to innovate.
Marina Charriere, CEO of Star Drug Testing Services, Star Drug Testing Services (Windsor Park), and First Defence Face Masks go hand in hand. Star is a drug and alcohol testing facility, and First D F M is a face mask company.
Lejjy Gafour, CEO, CULT Food Science Corp. Lejjy is a self-taught entrepreneur and experienced company operator who made his start creating opportunities at the young age of 14, and he has been working, leading, and building businesses ever since.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you