
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.
September 6, 2023: On Monday, Hong Kong-listed effects stocks surged, leading gains on the Hang Seng Index and powering the benchmark to Asia’s top gainer.
Shares of real estate firms like Evergrande, Logan Group, and Longfor Group spiked over 9%, with Country Garden Holdings leading gains at 16.85%. The Hang Seng Mainland Property Index was awake 8.16%.
Over the weekend, according to authorities and a document seen, Country Garden won support from its creditors to extend payments for a 3.9 billion yuan onshore private bond.
Bloomberg said the company also wired a coupon payment on a 2.85 million Malaysian ringgit ($613,000) denominated bond.
Country Garden is still scheduled to pay $22 million in coupon payments on two U.S. dollar bonds it missed in early August. The grace period ends on Wednesday.
On Friday, China also took motion to revive its property sector. The People’s Bank of China eased some borrowing rules and cut the reserve requirement ratio for foreign business deposits from 6% to 4% starting September 15.
Some of China’s biggest banks also slashed interest speeds on yuan deposits, including the Industrial and Commercial Bank of China, China Construction Bank Corp, and Agricultural Bank of China.
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
Maushum Basu is a visionary leader who inspires his team with a clear, compelling purpose. Unafraid to take calculated risks, he understands that growth often stems from change and innovation. His deep commitment to both Airia Brands, Inc.
When speaking with Martin Paquette, one thing is immediately apparent: he’s honest. His transparency is refreshing. While many shy away from such vulnerability, Paquette sees it as a force to reckon with. The incredible emotional intelligence speaks to years of looking within—it’s also what allows him to acknowledge his mistakes gracefully and use them as opportunities to innovate.
Marina Charriere, CEO of Star Drug Testing Services, Star Drug Testing Services (Windsor Park), and First Defence Face Masks go hand in hand. Star is a drug and alcohol testing facility, and First D F M is a face mask company.
Lejjy Gafour, CEO, CULT Food Science Corp. Lejjy is a self-taught entrepreneur and experienced company operator who made his start creating opportunities at the young age of 14, and he has been working, leading, and building businesses ever since.
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