Not a job for the down-to-earth

Is your boss a high-flyer – in both senses of the word? He could well be, say researchers at Canada’s McGill University.
Jingjing Zhang, assistant professor of accounting at Desautels School of Management claims that there is a link between chief executives who search for exciting yet risky experiences – such as flying small aircraft – and those who embrace “diverse and high-impact innovation projects” in business.
The researchers examined the performances of 88 chief executives who were also pilots and 1,123 non-pilot chief executives in US firms from 1993–2003. This revealed that firms with a pilot chief execs increased their number of patented products or services by two thirds.
The researchers are silent though on whether there is a link between business success and other aviation-related extreme sports – like skydiving, for example. But we do know plenty of people who would cheerfully push their boss out of an aircraft without a parachute. 

Share this story
Facebook
Twitter
LinkedIn

Related topics

Latest off the record news

WOW Air prepares to make a cargo comeback

By Rachelle Harry

Icelandic airline WOW, which offered budget passenger flights before folding in March this year, is making preparations to start operating…

Read More

First-ever Madrid Air Cargo Day deemed a success

By Rachelle Harry

At the first Madrid Air Cargo Day, organised by Foro Madrid Cargo in collaboration with Spanish airport operator Aena and…

Read More

Cargolux Airlines joins fight against cancer with Fly Pink initiative

By Rachelle Harry

Cargolux Airlines is raising breast cancer awareness by participating in the Fly Pink fundraising initiative. The annual campaign, which runs…

Read More