Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
05/23/2025
No Comments
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
August 27, 2021: -Chinese electronics giant Xiaomi has acquired an autonomous driving start-up, jumping into a highly competitive area while diversifying its business beyond smartphones.
On Wednesday, Xiaomi said that it had acquired Deepmotion for around $77.37 million to “enhance the technological competitiveness” of its electric vehicle business.
In March, Xiaomi announced to launch an electric vehicle business and invest $10 billion over the coming ten years.
The acquisition could help bring autonomous driving features to the cars Xiaomi produces, a feature being developed by many automakers for next-generation electric vehicles.
Xiaomi’s electric and autonomous vehicle ambitions will pit it against other technology giants of China in what became a crowded space. Xiaomi will compete with Baidu and even Huawei and carmakers, including Tesla, Xpeng, and Nio.
The company announced the Deepmotion acquisition after reporting financial results for the second quarter, which saw revenue increase 64% year by year to 87.8 billion yuan. The total revenue and adjusted net profit hit record highs in the quarter, Xiaomi said.
Smartphones accounted for 67.3% of total revenue, but the company has looked to reduce its reliance on mobile phones by pushing into other internet-connected devices. The company hopes electric vehicles can be a new revenue stream.
Xiaomi shares were down nearly 4% in afternoon trade.
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
Zelenskiy–Trump summit boosts markets as equities rise and the dollar steadies amid growing peace hopes. Investors await Fed insights at Jackson Hole for further direction.
Statistics Canada is investigating an accidental early release of June manufacturing data, raising concerns over data governance and market integrity. The agency has launched an internal review to strengthen its publishing protocols.
Investor confidence in France is deteriorating as political gridlock and budgetary uncertainty deepen.
The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
