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.
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.
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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