The burdens that airlines operate under are more extreme than those most businesses face. Few industries live on the edge of virtual meltdown the way airlines do, where unforeseen factors that upset operations are the norm, and executives are hardened early in their careers to expect the unexpected and act accordingly.
In an article published by Businessweek.com, Spencer Stuart consultant Michael Bell explores the tough but helpful lessons that other industries can learn about corporate governance from the airline business, which embodies much of the complexity, volatility and challenge that more and more businesses are experiencing in the current economy.
Read the full article first published on Businessweek.com on June 16, 2009.