Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
05/23/2025
No Comments
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
June 11, 2021: -On Thursday, the European Central Bank chose not to signal when it might start reducing its pandemic-era stimulus program and expects inflation to remain less than its target in the foreseeable future.
“Inflation has picked up over recent months, on account of base effects, transitory factors, and an increase in energy prices. It is expected to rise further in the second half of the year, before it gets declined as temporary factors fade out,” ECB President Christine Lagarde said on Thursday following the bank’s regular rate decision.
“Our new staff projections point to a gradual rise in underlying inflation pressures throughout the projection horizon, even though the pressures remain subdued in the context of still significant economic slack that will only be absorbed gradually over the projection horizon. As a result, headline inflation is expected to remain below our aim over the projection horizon,” she added.
Recent data shows an overshoot in inflation for the 19-member area that shares the euro, to above the ECB’s target, but below 2%. The ECB had previously said it was expecting prices to pick up in 2021, but only temporarily.
The data has raised questions about the future of monetary policy in the eurozone, with market players wanting answers on how long the central bank will keep up its vast economic stimulus. The ECB committed to purchasing 1.85 trillion euros of bonds until March 2022 as part of its Pandemic Emergency Purchase Program.
On Thursday, the central bank is deciding to keep this stimulus on the table, and its ultra-low interest rates were also left unchanged.
The ECB presented an update to the economic outlook in the eurozone on Thursday. The bank expects a gross domestic product rate of 4.6% for 2021 and 4.7% for 2022, both of which have been revised upward.
The ECB presented new, higher forecasts for the year 2021 and 2022 from a last assessment in March in terms of inflation. As a result, annual inflation is set to reach 1.9% this year and 1.5% in the year 2022.
Carsten Brzeski, global head of macro at ING Germany, said that the ECB wanted to avoid any taper talk at Thursday’s meeting and chose to stay put.
Andrew Kenningham, a chief Europe economist at Capital Economics, said the euro zone’s central bank is still likely to engineer a very gradual taper in the second half of this year.”
“But the big picture is that policy will remain highly accommodative for a long time to come,” he added.
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
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.
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.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you
