
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.
August 3, 2023: China sees record flooding in Beijing, with 20 deaths and huge destruction.
According to the Chinese authorities, the city recorded 744.8mm of rainfall between Saturday to Wednesday, marking the highest since 1891, based on data from the Beijing Meteorological Bureau.
Heavy storms have buffeted China as Typhoon Doksuri swept north after slamming southern Chinese provinces.
Doksuri made landfall in China’s Xiamen and Quanzhou on Monday morning and caused “severe flooding in Beijing,” according to a report by the NASA Earth Observatory. The massive storm damaged infrastructure, forcing tens of thousands to flee for safety.
The typhoon was one of the worst storms to hit northern China in years, and the torrential rain in Beijing has killed at least 20 people as of Tuesday.
In Beijing, over 31,000 people were vacated while work at construction sites halted.
Apart from Beijing, extreme rains also struck north China and the regions along the Yellow and Huaihe rivers, state news agency Xinhua reported.
Chinese President Xi Jinping has reached for rigorous search and rescue efforts and flood control and disaster relief work.
“It is crucial to ensure medical treatment for the injured and provide aid and comfort to the families of the deceased,” Xi was quoted as saying.
Beijing lifted the red alert for flood on Wednesday as “the water flow in major rivers has moved below the warning mark,” according to Xinhua.
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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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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