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.
February 16, 2022: According to a regulatory filing, Warren Buffett’s Berkshire Hathaway purchased about $1 billion worth of shares in Activision Blizzard in the fourth quarter, jumping in before Microsoft agreed to buy the video game publisher for $68.7 billion.
The filing shows that Berkshire owned 14.66 million shares valued at $975 million as of the end of 2021.
Microsoft announced its intention to acquire Activision Blizzard in mid-January for $95 per share, sending the stock up 25% to above $82, though it’s since fallen a bit. It would be the largest deal ever by a U.S. technology company.
Buffett is poised to notch a handsome profit should the acquisition close. The stock reached as low as $56.40 in the fourth quarter after the California Department of Fair Employment and Housing filed a suit alleging that Activision and its subsidiaries fostered a sexist culture and paid women less than men.
Activision also said in November that it was delaying the releases of Diablo IV and Overwatch 2. And it was hit with disappointing reviews of its new game, Call of Duty, Vanguard, released the same month.
Bill Gates, co-founder and former CEO of Microsoft, stepped down from the boards of Berkshire and Microsoft in 2020. Gates is a longtime friend of Buffett, Berkshire Hathaway’s chairman, and CEO. They rank fourth and sixth, respectively, among the world’s wealthiest people, according to Forbes.
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
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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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