Business

The captain who didn’t let the icon sink

There is a profound difference between a manager and a pacesetter. The manager counts the fuel; the leader inspires the crew to fly through the storm.

When Captain Datuk Izham Ismail he took the helm of Malaysia Aviation Group (MAG) in 2017, not only was he inheriting the corporate; was experiencing a failure of the middle engine within the cockpit. Many believed that the national carrier was a lost cause – a sinking ship within the cold sky.

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But Izham proved that it doesn’t take a financial wizard to save lots of an airline. You need a Captain who understands the soul of the machine and the heartbeat of its people.

1. 72-hour mandate

Leadership often finds you if you least expect it. Appointed inside 72 hours, Captain Izham faced a surprising challenge Commitment of RM25.7 billion.

He admitted that he may not have been the “right” person for the job on paper, but he had something that the spreadsheets couldn’t capture: Malaysian blood in his veins and a pilot’s fortitude.

2. Healing culture from inside

Before repairing the planes, he needed to repair the “corridors”. He decided that a toxic culture was more dangerous than a mechanical failure.

By introducing rigorous performance standards and dismantling mediocrity, he forced a change of spirit. He knew that no amount of capital could save the corporate if its people stopped believing in perfection.

3. Finding opportunities in the attention of the storm

When Covid-19 grounded the world, most saw the tip. Captain Izham saw it “gift of time”.

While there was silence within the hangars, he worked tirelessly for 133 days, negotiating with 75 creditors. This boldness resulted in attrition Debt of RM15 billion. It wasn’t only a restructuring; it was a rebirth.

4. Guarding “Malaysian Hospitality”

In the era of the low cost race to the underside, the Captain persevered. He didn’t comply with eliminate the Malaysia Airlines premium identity.

He understood that our hospitality – that warmth at 30,000 feet – was a national treasure that shouldn’t be underestimated. He selected value over volume, ensuring he felt at home on every flight.

5. A legacy of forgiveness

Perhaps his best act of leadership was his departure. Choosing to step down while MAG is at the height of his profession – recording Net profit of RM766 million in 2023 after a decade of losses – that is the last word sign of a protected leader.

He didn’t want the organization to be his monument; he wanted it to be a durable engine that would run long after he left the cockpit.

“Sometimes you have to fly through the darkest clouds to find the clearest horizon.”

Captain Izham Ismail leaves behind greater than only a profitable balance sheet. He leaves us with a masterclass in resilience. He taught us that with enough courage, even a “sinking” icon can find its wings again and rise proudly and steadily against the blue Malaysian sky.

Source: BFM Radio

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