Tuesday, January 17, 2017

Three Lessons Business Owners Can Draw from Pilots


Grech Motors founder Ed Grech was recently featured in Chauffer Driven, the ground transportation industry’s most widely circulated publication. The article pointed out some of the lessons Ed Grech has drawn from his 10 years of experience as a pilot. Below are a few ways in which flying an aircraft corresponds to running a successful business. 

Just like making business decisions, flying is both an art and a science. Objectivity and quantitative research are vital, but the final choice often comes down to a leader’s carefully honed insight and instinct. 

Keeping calm under pressure is essential in both exercises. Minor miscalculations in flight can result in serious consequences, perhaps even life-threatening ones, yet pilots must stay cool and clear-headed in order to execute their missions successfully. Likewise, a personal career and the livelihood of employees rest on the shoulders of many business owners. They need to navigate investments and major company decisions with keen focus during those demanding moments. 

Trust is a must. It often takes a whole crew to get a plane off the ground. The pilot puts his or her life in the hands of a copilot, air traffic controllers, mechanics, and others. Similarly, as a business grows, it is often essential for an executive to have staff whom he or she trusts implicitly to execute decisions on a day-to-day basis.

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