3 Resume from Harvard Business Review

Economy

Looking to the Future of Air Travel

by Eben Harrell

Passangers on air travel dropped along SARS-CoV-2 Pandemic. In 2019, around 2.5 million passengers
every day across the U.S. In April 2020, that dropped to between 90,000 and 130,000 passengers

Following result of the discuss the challenge (and opportunities) facing the industry airlines :

 Jon Ostrower (the editor-in-chief of The Air Current)

1. Who have own airplanes are better prepared to survive due to don’t have as much debt to
service.

2. Many airlines cancelling or scaling back contracts with Hollywood to play all movies and TV
shows. Many will reconsider in-flight wi-fi.

3. Many flights have been eliminated from the network, it will be harder to travel smoothly from
point A to point B. They will likely be two or three-stop itineraries now

4. As airlines retire their wide-body aircraft and shrink their fleet, the aircraft are going to
conversion shops to become cargo planes and then sold to companies like Amazon or Chinese
portal system The crisis has shown how integral e-commerce and package delivery is to the
aviation industry.

 Courtney Miller (managing director of analysis for The Air Current)

1. An airline could not be “forever” to block the middle seat, this is automatically limit your load
factor to 66% (a third of airplane empty).

2. Maybe instead of sending 10 people to each meeting via air travel, you send the two sales
executives and keep the support staff on Zoom Application. That sort of scenario is likely

3. Regional airlines that fly on behalf of the major airlines are relatively well positioned,
particularly the independent regionals such as Skywest and Republic. So now the larger
markets are going to be looking for the smallest, cheapest assets to fly, which are regional
aircraft.

 Alan Lewis (managing directors at L.E.K. Consulting who have experience advising major airlines)

1. More regimented boarding procedures so people aren’t falling over each other in the aisles
 2. At airports, will be facial recognition technology and tracking through customs and boarding,
so customers and staff aren’t touching the same boarding pass

3. Zoom Application and other videoconferencing platforms are going to have a much bigger
impact on the commercial real estate market than on airlines.

 Dan McKone (managing directors at L.E.K. Consulting who have experience advising major
airlines)

1. Airlines are looking to find any use for their aircraft in the absence of passengers, whether it
be cargo or moving medical supplies and personnel to different markets.

2. There could be some lasting behavior change, with so many business people being
conditioned to use virtual meetings like Zoom Application, etc

3. But people are still going to continue to fly in great numbers if you take a long-term view
Psychology

How to Find and Practice Courage

by Manfred F. R. Kets de Vries

There was a CEO relatively timid who had been brave enough to take actions that a number of his
shareholders had disagreed with. He had clearly thought carefully about what the right thing to do in the
pandemic Covid19, and he had found the courage to act on his conclusions in the face of opposition and
difficulties. He had took action to a reduction in salary company’s, he had offered credit to all of his
suppliers that were in trouble and, he also arranged an airlift of personal protective equipment for the
hospitals closely located to the company’s main premises. There are several things that made him
courageous :

From Nature to Nurture

Research in neuroscience shows that some people have a thrill-seeking or “Type T” personality.
The brain structures of these sensation-seeking people seem be somewhat different from the
brain structures of people who avoid risks

From Individual to Context

Several things to linking the ability to act termed

self-efficacy, the confidence we have in our own capacity to confront the challenges ahead of us.
self-esteem, a more familiar and at least partly a learned psychological factor, that can also
affect our assessment of our and also the environment will also make a difference.

Learning Through Practice

Perhaps the best way to think of courage is to treat it as a muscle. therefore everyone can
improve their muscles through training and practice.

There are techniques To help find and practice courage :

• Create scenarios
 Imagine the worst that could happen to you if you take a given action and what the outcome
would be if they didn’t act.

• Recognize the negativity bias

Make sure you spend as much time considering the positive scenarios as the negative ones.

• Talk out the fear beneath

By identifying what we are truly afraid of, we reduce our fear of the situation, which gives us the
courage to act. We can also benefit by looking at the experience of other people who have
conquered their fears.

• Practice going out of your comfort zone

To challenge themselves to take a stand for seemingly little things can strengthen the habit of
making truly difficult and courageous decisions.

• Manage your body

Relaxation techniques such as meditation or yoga can be quite helpful create the clarity of mind
required for courageous action.

• Recognize that you are not alone

Shared your fears who have shared theirs, you can be a valuable resource when you are faced
with a challenge to your courage.

The more we are able to face our fears, the more we will replace fear-based responses with courageous
ones.
Productivity

5 Tips to Reduce Screen Time While You’re WFH

by Elizabeth Grace Saunders

Along WFH, The extra time in front of the computer can also cause eye strain and muscle fatigue
because you need to hold your body rigid for hours to stay inside a camera’s range when you video
conference example.

Here are a few strategies that have been most effective WFH that your body stay fit :

Don’t default to Zoom Application

 If a phone call would work fine for a conversation, use that.

 If you can efficiently communicate what you need via email or through updating a shared
document or task management system, do that.

Limit your meeting time

 Block out time on your schedule where you’re not available for meetings so that you can temper
how much virtual communication you have each day.
 Setting aside most of a morning or afternoon as a meeting-free time or blocking out a few one-
hour.

Choose physical over digital

 Anytime you can reasonably choose a physical option over a digital one, take it (example Write
out your thoughts on paper, Exercising)

Move as much as possible

 In between meetings, take a walk to the kitchen to refill your water or coffee.
  Do a few simple movements like rolling your shoulders to get the blood flowing.
 If you’re on a normal phone call and don’t need to be taking notes or looking at documents
while you talk, consider standing up or even walking back and forth during the conversation

Take tech-free breaks

 Take a short lunch of 15 to 20 minutes where simply eat without doing anything else.

 Take a lunch while chatting with your family in the kitchen

 Activity outdoor physical post work such as gardening, walk.