
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.
February 9, 2022: -China’s property troubles will make it harder for developers in the country to gain access to U.S. debt markets, according to Moody’s Investors Service.
“We see that the trend of China property turmoil continuing to dampen enthusiasm for a high-yield issuance,” Annalisa Di Chiara, a senior vice president at Moody’s, told CNBC on Monday.
She added that China’s property developers have about $35 billion worth of U.S. dollar-denominated debt that will come due this year.
“If we were to carve out the refinancing needs for those issuers that have defaulted, that probably carves out nearly $15 billion out of that $35 billion,” said Di Chiara. That leaves nearly $20 billion in refinancing needs for property developers of China.
Given the tight funding conditions, “it’s going to remain a challenge for few of those issuers to access the U.S. dollar bond market,” she further said.
Problems in the property sector of China were in part worsened by the debt crisis at Evergrande, once China’s second-largest property developer by sales. It racked up more than $300 billion in debts and struggled to repay creditors.
As debt worries with China’s real estate sector have mounted, developers such as Evergrande have tried to sell off their assets in recent months to ease the cash crunch.
Evergrande shares recently took a hit after its restructuring roadmap disappointed investors.
“We need to have few of these companies be able to access the U.S. dollar bond market, restore their liquidity, and again see few stabilizations in that property sector,” Di Chiara said.
“I do think that as we go through this restructuring of Evergrande, some of the transparency will start to provide a little bit of confidence for the investor base,” she said.
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.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you