
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
May 5, 2022: -On Monday, the 10-year rate crossed the 3% mark, its highest point since late 2018. The benchmark yield has since eased back, though it remains high.
On Wednesday, Respondents to the May CNBC Fed Survey expect the U.S. central bank to announce that it will be hiking interest rates by half a percentage point. Almost three-fifths of respondents also believed that the Fed’s aggressive tightening of monetary policy would be a recession.
The Federal Open Market Committee will release its policy decision statement at 2 p.m. on Wednesday, with Fed Chairman Jerome Powell then scheduled to hold a press conference at 2:30 p.m. ET.
Sunil Krishnan, head of multi-asset funds at Aviva Investors, told CNBC on Wednesday that there might be four 50-basis-point interest rate hikes over the next four central bank meetings.
While these hikes might not seem that small in the latest history, Krishnan said, “By a longer history’s standards, we think it is something the U.S. can manage.”
S&P Global’s April purchasing managers’ index is scheduled for release at 9:45 a.m. ET, while ISM’s April non-manufacturing PMI is because of 10 a.m. ET.
The Russia-Ukraine war remains a focus for investors, with the European Union has announced plans to sanction Russian oil imports on Wednesday.
On Tuesday, U.S. President Joe Biden pressed Congress to pass his massive $33 billion Ukraine aid package during a visit to a Lockheed Martin plant in Alabama that manufactures Javelin anti-tank missiles.
An auction is scheduled to be held on Wednesday for $30 billion for 119-day bills.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
May 28, 2025: SpaceX’s latest Starship test flight, conducted on May 27, 2025, ended in failure when the spacecraft’s upper stage broke apart during its descent over the Indian Ocean.
May 27, 2025: Greek Coastguards Charged Over 2023 Pylos Migrant Shipwreck That Killed Hundreds
May 27, 2025: Volvo to Cut 3,000 Jobs in Europe as Part of $1.9B Restructuring Amid EV Slowdown and Tariff Pressures.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
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