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What To Do To Become A CEO  
User currently offlineBWIA 772 From Barbados, joined May 2002, 2200 posts, RR: 2
Posted (12 years 4 weeks 1 day 13 hours ago) and read 2061 times:


Now lets say my first degree is in law and my eventual goal is to become a CEO of an existing airline.

SO I am wondering if there is anyone in this forum who can tell me what would be an appropriate masters and how does one approach such a goal.

Regards
BWIA 772


Eagles Soar!
13 replies: All unread, jump to last
 
User currently offlineTommyBoy From United States of America, joined May 2000, 153 posts, RR: 0
Reply 1, posted (12 years 4 weeks 1 day 12 hours ago) and read 2037 times:

umm..ok, this is too easy...a masters in "Cookin' The Books"?

User currently offlineA380 From Canada, joined Dec 2000, 658 posts, RR: 1
Reply 2, posted (12 years 4 weeks 1 day 12 hours ago) and read 2031 times:

TommyBoy you beat me to that  Big thumbs up  Big thumbs up

User currently offlineUAL Bagsmasher From United States of America, joined Sep 1999, 2146 posts, RR: 10
Reply 3, posted (12 years 4 weeks 1 day 11 hours ago) and read 2013 times:

Well the easiest way to answer this question is to tell you what not to do. Just take a look at the past few CEO's of UA. That will keep you busy for awhile Big grin

User currently offlineEx_SQer From United States of America, joined Apr 2002, 1436 posts, RR: 5
Reply 4, posted (12 years 4 weeks 1 day 11 hours ago) and read 2008 times:

Step 1: Work about five years, establish a track record of success at what you do, then apply to do your MBA at a top-ranked US Business School.

Step 2A: After that, work your way up through an industry (doesn't have to be an airline), preferably to a CEO position in a Fortune 100 firm. If you don't get to be a CEO, shoot for CFO at least. Your preferred route of advancement would be through finance.

Step 2B: Build a reputation as a strategic thinker with the ability to lead a firm through ups and downs. Make yourself known as a person who is firmly grounded in reality and who is capable of leading a large corporation through sustained growth without squandering its resources. Be ethical, be firm, but yet be compassionate.

Step 2C: While you are working your way up, learn everything you can about handling a huge company with plenty of fixed (and rapidly depreciating) assets, high fixed costs, (usually) plenty of debt, low margins, tough unions, and government and safety regulations. You should also gain experience in being answerable to shareholders, board of directors, government bodies, regulatory bodies, safety agencies, staff, unions, customers, the general public, the media, contractors, suppliers, alliance partners, strategic partners, subsidiary companies, creditors, debtors, banks, and industry analysts.

Step 2D: Network, network, network. Get to know the board of directors, major shareholders, and key decision makers at all the major airlines and other companies associated with those airlines. Play golf with them. Invite them for weekends at your home in the Hamptons. Bring them on yachting trips.

Step 3: Discreetly contact headhunters that specialize in the airline industry and sell them your credentials as a potential airline CEO once you have gained all this experience, skills and knowledge outlined above.

Step 4: Don't forget to have fun along the way.


User currently offlineBWIA 772 From Barbados, joined May 2002, 2200 posts, RR: 2
Reply 5, posted (12 years 4 weeks 1 day 2 hours ago) and read 1974 times:

Thanx for the info Ex_SQer it has been helpful. So can I assume that you are on this path as well.


Eagles Soar!
User currently offlineBackfire From Germany, joined Oct 2006, 0 posts, RR: 0
Reply 6, posted (12 years 4 weeks 1 day 1 hour ago) and read 1958 times:

Just start your own airline.

That's the trouble with you business types, you make simple things look so complicated.  Insane

Remember that a vast number of company managers left school at 16...you don't need stacks of academic qualifications to make it to the top. Just a bit of savvy.


User currently offlineArsenal@LHR From United Kingdom, joined Mar 2001, 7792 posts, RR: 20
Reply 7, posted (12 years 4 weeks 1 day ago) and read 1934 times:
Support Airliners.net - become a First Class Member!

A good start would be to ask Sir Richard Branson, i'm sure he has a few tips and tricks  Big grin



In Arsene we trust!!
User currently offlineSAS23 From , joined Dec 1969, posts, RR:
Reply 8, posted (12 years 4 weeks 21 hours ago) and read 2029 times:

I went the Backfire route ... as he says, far simpler!

However I do have an MSc in Air Transport Management, which I mainly did in order to ensure that I covered any gaps in my knowledge.


User currently offlineSSTjumbo From , joined Dec 1969, posts, RR:
Reply 9, posted (12 years 4 weeks 21 hours ago) and read 1899 times:

When you go to college, try to get a minor in Aviation Administration if you get a major in business.

User currently offlinePenguinflies From United States of America, joined Apr 2000, 988 posts, RR: 0
Reply 10, posted (12 years 4 weeks 20 hours ago) and read 1880 times:

If it is in the US, the FAA does have some regulations on who can become a CEO, Chief Pilot, Director of Operations etc. Look into the FAR or any air regulations of the country you would like to work in.

User currently offlineTwaneedsnohelp From , joined Dec 1969, posts, RR:
Reply 11, posted (12 years 4 weeks 11 hours ago) and read 1841 times:

you don't need an MBA anymore. helpful, but not necesary. few can afford it anyway.

but you need business and finance experience. try working for an investment bank out of collefe, where you;ll learn financial modelling, microsoft excel (so important), capital structures, debt, equity, securities, financing, etc...





User currently offlineRed Panda From Hong Kong, joined Jun 2000, 1521 posts, RR: 0
Reply 12, posted (12 years 4 weeks 7 hours ago) and read 1820 times:

Connection, connecTion, connectioN!

r panda  Smokin cool


User currently offlineBackfire From Germany, joined Oct 2006, 0 posts, RR: 0
Reply 13, posted (12 years 3 weeks 3 days 18 hours ago) and read 1750 times:

Here you go: The Guardian's step-by-step guide to starting your own airline. Just right if you want to be the CEO.

http://www.guardian.co.uk/business/story/0,3604,766626,00.html

I'll expect a consultancy fee if any of you are successful.


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