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.
June 25, 2021: -Stock futures jumped on Thursday, with the S&P 500 poised to increase its record high set a week ago.On Thursday, Futures on the Dow Jones Industrial Average added 191 points or 0.6%. The move implied an open around 200 points higher. S&P 500 futures added 0.5% and Nasdaq 100 futures gained 0.6%.
A broad group of stocks was jumping in premarket trading and set to push the benchmark above a new all-time high. Tesla added above 2%, while GM and Caterpillar each gained about 1%.
On Wednesday, despite a slight decline, the S&P 500 is up 1.8% so far this week and sits just 0.4% from an all-time high set last on Tuesday, the day before a Federal Reserve policy update caused a dip in the market.
Investors await new jobs data set to be released at 8:30 a.m. According to economists polled by Dow Jones, ET, which is expected to show weekly jobless claims, decreased to 380,000 from 412,000 the week prior. Data on durable goods orders will also be released.
Traders are also monitoring infrastructure package negotiations. A bipartisan group of Senators that have made progress on a plan will meet President Joe Biden at the White House on Thursday.
On Thursday, Bank shares gained from the Fed’s annual bank stress test results are scheduled for release after the bell. The test examines how banks fare during various hypothetical economic downturns. Banks were forced to freeze dividends and stop buybacks in the pandemic. These results should give them the green light to eventually raise payouts. Goldman Sachs shares increase about 1% in premarket trading.
The S&P 500 snapped a two-day winning streak on Wednesday, closing the regular session 0.1% lesser. The Dow also shed 71.34 points or 0.2%. Meanwhile, the Nasdaq Composite had a profit of 0.1% to squeeze out another record closing high.
Last week, despite Wednesday’s hiccup, the three major indexes were up more than 1% this week, rallying from a sell-off after the Federal Reserve heightened inflation expectations and forecast rate hikes as soon as 2023. During a Congressional testimony Tuesday, comments from Fed Chair Jerome Powell reiterated that inflation pressures should be temporary, which seemed to soothe market sentiment.
“Beneath the optimism, markets are at risk to become complacent and vulnerable to shocks. Any signal that interest rates and bond yields could rise, even in the absence of pronounced inflationary pressure, could shatter market vitality,” Gaurav Mallik, chief portfolio strategist at State Street Global Advisors, said.
Darden Restaurants, Nike, and FedEx are set to report quarterly earnings on Thursday.
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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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.
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