"Becoming A Senior Executive", an extract from the report discussing the findings of happens within the exeuctuve roles...
A route into becoming a senior executive in the maritime sector that continues to become more attractive is completing an MBA, but is it really essential to make it to the top? The feeling from 79% of respondents is that having an MBA is not essential to make it as a senior executive
“When it comes to being a maritime executive the majority of those in the most senior positions have come from a commercial maritime background, but have never been at sea. Chartering, operations or those from finance or legal are common routes to becoming a senior executive. The reality is that MBA’s hire MBA’s and until there are more senior executives with an MBA, who have achieved success in maritime coming from an academic background, the trend will not change and this is reflected in the survey results.”
This feeling is echoed when it comes to seafarers, where 60% of executives thought that being a senior officer does not prepare you for being a senior executive. Sea-time should be matched with commercial experience ashore, and it is the latter which best prepares someone to step up.
Developing and attracting female talent to the maritime industry is a big talking point which has been covered many times. Often the focus is on how the industry can attract an increased number of female cadets, which is clearly an issue the sector faces. But does maritime do a good job of attracting, developing and promoting female talent? 76% of executives that we surveyed believed that maritime does not.
“Maritime talks a good game about attracting female talent in general, but the reality is very different. In most other markets, gender has no effect on talent and the majority of the executives that we surveyed recognised that. The industry now needs to put their words into action.”
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