
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.
January 02, 2023: -Some Chinese provinces’ intensive care beds and resources are nearing capacity as Covid-19 infections, national health authorities said Tuesday.
“In provinces currently undergoing high demand for intensive care, they are the critical threshold of general ICU beds and sources,” Jiao Yahui, director of the medical affair department at China’s National Health Commission, said during a press conference. That’s according to a translation of the Mandarin remarks.
In such regions, Jiao added, “it is necessary expanding the availability of ICU beds and resources or speed up turnover.”
Overall, Jiao claims the national availability of ICU beds was sufficient, at 12.8 each other 100,000 people as of December 25.
In a month, mainland China abruptly ended many Covid controls. Infections have meanwhile increased, pressuring the country’s already stretched health system.
It is noticed at what scale Covid outbreaks have reached the country, with few official formations on recent infections and deaths. China’s National Health Commission stopped sharing daily figures after a halt in mandatory virus testing.
Zhejiang province bordering Shanghai said that daily Covid infections in the region have overcome 1 million and will likely double to a start of 2 million a day nearly New Year’s. The province has a population of regarding 65.4 million.
According to an official, in the capital city of Beijing, one of the earliest to see a Covid wave, the share of severe cases and patients has risen at fever clinics. It cited a director at a prime hospital who noted that the percentage of visits by the elderly had increased from below 20% to nearly 50%.
On Tuesday, China’s health authorities were speaking at a briefing on the country’s recent Covid measures, released late Monday. The policy changes include plans to scrap quarantine for inbound travellers starting January 8.
“We view the recent guidelines as a major step towards the complete reopening, but caution on the surged challenges to China’s medical system in the near term,” Goldman Sachs analysts added in a Tuesday note.
“The frontloaded China, which reopens timetable, adds conviction to our below-consensus for Q4 GDP growth and above-consensus 2023 GDP forecast,” the analysts said.
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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