Reverserbucket, you were definitely told the principles of internal combustion engine when getting your driver license. Now, honestly ask yourself - does it really help you with your Audi when it suddenly lights up the CHK ENG?
In the CEO example, what he detected was that some of his potential pilots produced a quick but incorrect decision, while others preferred to wait and learn the situation better. Ironically, he blamed them. This indeed tells a lot about the industry these days...