
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
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.
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