Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
05/23/2025
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The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
May 20, 2021: -On Wednesday, Cryptocurrency-related stocks led by Tesla and Coinbase dropped as bitcoin increased the equivalent of a bear market in a day.
Bitcoin, the world’s most significant digital token, decreased around $30,000 at one point on Wednesday, according to Coin Metrics. The price had come down roughly 24%.
On Tuesday, the move comes after China barred financial institutions from conducting crypto-related transactions. A JPMorgan report indicated large institutional investors were about to dump bitcoin in favor of gold.
This month’s pullback in bitcoin intensified almost a week ago after Tesla CEO Elon Musk wanted to change his tune a bit on crypto and said that the company would end accepting bitcoin for payment due to the environmental concerns surrounding crypto-mining.
“You had a confluence of events…where you started breaking down the positivity in the price action, and now we’ve got a liquidation event,” Galaxy Digital CEO and Chairman Mike Novogratz told CNBC. “It’s not going to bounce right back. It’ll consolidate for a while,” he added.
Tesla, a large holder of bitcoin, roughly decreased 4% on Wednesday. Microstrategy made headlines by purchasing a huge amount of bitcoin for its corporate treasury, which tanked by 10%.
The newly public crypto exchange, known as Coinbase, dropped around 9%. Bitcoin’s price approached $65,000 over a month ago before peaking around the time of Coinbase’s public debut.
Square and PayPal, which facilitate transactions in cryptocurrencies and have been big buyers, also lowered 4% and 1.5%, respectively, Wednesday morning.
Nvidia ticked down 2% after trading began. The company manufactures chips used in crypto-mining but reportedly trying to curb their use for that purpose.
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
At seventeen, Professor Richard Rose stepped into a world few adults dare to navigate: the world of children fractured by trauma. He wasn’t a clinician then, nor a scholar. He was simply a young man with a heart tuned to the quiet ache of others.
Following a distinguished Law Enforcement career Joe McGee founded The Securitatem Group to provide contemporary global operational specialist security and specialist security training products and services for private clients, corporate organisations, and Government bodies. They deliver a wide range of services, including complete end-to-end protection packages, close protection, residential security, protection drivers, and online and physical installations. They provide covert and overt investigations and specialist surveillance services with a Broad range of weapons and tactical-based training, including conflict management, risk and threat management, tactical training, tactical medicine, and command and control training.
Jay Wright, CEO and Co-Owner of Virgin Wines infectious energy, enthusiasm, passion and drive has been instrumental in creating an environment that encourages talent to thrive and a culture that puts the customer at the very heart of every decision-making process.
Fabio de Concilio is the visionary CEO & Chairman of the Board at Farmacosmo, a leading organization dedicated to mental health and community support services. With a deep commitment to identifying and meeting customer needs, Fabio ensures that high standards are maintained across the board.
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