Myexec founder Abby Penston discusses how industry executives can combat feelings of loneliness and isolation
Leadership in the travel industry is a journey of immense responsibility, with every decision shaping an organisation’s future. Yet, behind the outward strength required of travel leaders, an unspoken truth often lingers: leadership can feel isolating.
In this fast-paced, ever-evolving industry, few opportunities exist for leaders to pause, reflect, and seek outside perspectives. Studies show that 50% of leaders experience loneliness, with 61% believing it impacts their performance, as outlined in the Harvard Business Review. This isn’t just a personal challenge – it’s a reminder of the importance of connection and the power of support.
For travel leaders, connection is more than just a network; it’s a source of strength, resilience, and clarity. Trusted peers, mentors, or advisors provide a safe, objective space to explore ideas, face challenges, and gain new perspectives.
Navigating the unique demands of the travel sector can be both inspiring and isolating – a balance I’ve experienced firsthand. It wasn’t until I found a mentor in my Chairman that I fully realised the power of having a sounding board – a trusted individual who offered insights I couldn’t see on my own. This wasn’t about being told what to do; it was about having the space to reflect, explore, and clarify, knowing I wasn’t alone.
This experience inspired me to create myexec – a support network designed to foster connection, collaboration, and resilience for travel leaders. The value of such a network is underscored by studies from the Stanford Graduate School of Business, which reveal that 66% of leaders want coaching or external support but rarely receive it. For travel leaders, this support isn’t a luxury; it’s the foundation of enduring leadership.
Talking openly about the challenges of leadership in travel should be embraced. High-profile leaders have demonstrated the transformative impact of mentorship and support.
- Steve Jobs relied on his mentor, Bill Campbell, known as “The Coach of Silicon Valley,” for guidance.
- Oprah Winfrey credits her mentor, Dr. Phil McGraw, for helping her navigate difficult decisions.
Seeking support isn’t a sign of weakness; it’s an empowering choice that builds resilience and fosters growth. By sharing these experiences, we can help normalise vulnerability among travel leaders. True strength lies in shared experiences, open conversations, and the willingness to connect. Vulnerability fosters authentic leadership, inspiring loyalty, trust, and a deeper understanding of the challenges we all face.
Connection benefits not only leaders but their organisations in powerful ways:
- Informed Decision-Making: Diverse perspectives lead to well-rounded, confident decisions.
- Reduced Burnout: Leaders who share the weight of their role experience less stress and increased productivity. Studies show that managing stress effectively can boost productivity by up to 31% (University of California).
- Creative Innovation: Regular conversations with mentors or peers spark new ideas and approaches.
- Empowered Team Culture: When leaders feel supported, they foster openness, collaboration, and inspiration, benefiting everyone in the organisation.
Leadership in travel doesn’t have to be a lonely road. By embracing connection, fostering mentorship, and normalising vulnerability, leaders can transform both their experience and the organisations they guide. Leadership isn’t about going it alone – it’s about thriving together.