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 24, 2022: -On Monday, European natural gas prices increased after Russia’s state-owned energy giant Gazprom said it would shut down Europe’s single most significant piece of gas infrastructure for three days from the month
‘s end. The unscheduled maintenance is working on the Nord Stream 1 pipeline, which runs from Russia to Germany through the Baltic Sea, deepening a gas conflict between Russia and the European Union and exacerbating both the risk of a recession and a winter shortage.
The front-month gas price at the Dutch TTF hub, a European benchmark for natural gas trading, bounced 19% on Monday to reach 291.5 euros ($291.9) per megawatt hour.
On Friday, the contract closed at a record high of 244.55 euros per megawatt hour, registering its fifth consecutive weekly gain.
On Friday, Gazprom said the shutdown was due to the pipeline’s only remaining compressor required servicing. Gas flows via the Nord Stream 1 pipeline will be suspended for three days from August 31 to September 2.
Gazprom said gas transmission would resume at 33 million cubic meters daily when the maintenance work is completed “provided that no malfunctions are identified.”
The announcement of the temporary shutdown comes as European governments scramble to fill underground storage facilities with natural gas supplies to have enough fuel to keep homes warm during the coming months.
Russia recently reduced natural gas supplies to Europe, with flows via the Nord Stream 1 pipeline running at just 20% of the agreed-upon volume.
Moscow has accused wrong and delayed equipment for the sharp drop in gas supplies.
However, Germany considers the supply cut a political maneuver designed to sow uncertainty across the bloc and boost energy prices amid the Kremlin’s onslaught against Ukraine.
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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Statistics Canada is investigating an accidental early release of June manufacturing data, raising concerns over data governance and market integrity. The agency has launched an internal review to strengthen its publishing protocols.
Investor confidence in France is deteriorating as political gridlock and budgetary uncertainty deepen.
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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