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256. Doug Parker, former Chairman and CEO of American Airlines, shares leadership lessons

Inside the Strategy Room

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Navigating Risk in the Airline Industry

This chapter discusses the vital role of risk management from a board member's perspective in the airline industry. It emphasizes the balance between board oversight and management autonomy, the significance of safety, and the nuances of risk appetite. Additionally, it explores the complexities of mergers and acquisitions, cultural challenges, and the importance of long-term strategic goals alongside immediate operational concerns.

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