
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.
July 26, 2021: -On Friday, European stocks advanced as investors digested a slew of economic data from across the continent, with a fresh round of corporate earnings.
The pan-European Stoxx 600 increased 0.8% this morning, with autos adding 2.3% to lead gains as all sectors and major bourses came in positive territory.
On Friday, July’s flash PMI (purchasing managers’ index) readings showed eurozone business activity growing at its fastest pace in more than two decades, as to ease of social restrictions and expansion of vaccination programs discovered pent-up demand.
According to official figures published Friday, U.K. retail sales grew 0.5% in June after a surprise pullback in May. However, the economic recovery of the country ran into a wall in July as the number of people instructed to isolate by the test-and-trace app of the government soared because of the rising infections. The IHS Markit/CIPS flash PMI decreased to 57.7 in July from 62.2 in June.
Earnings season keeps growing to gather steam in Europe, with Thales, Signify, and Lonza among those reporting second-quarter results on Friday. Vodafone issued a trading update, and Mercedes-Benz has announced a strategy update this afternoon.
Shares in Asia-Pacific retreated overnight as Chinese tech shares in Hong Kong pulled back sharply amid concerns over stricter regulation. Stateside, stock futures inched cautiously higher, with Wall Street seeking its fourth consecutive day of gains as markets continue to rebound from a sharp sell-off on Monday.
Back in Europe, the European Central Bank held its monetary policy steady following a meeting of the Governing Council on Wednesday but sharpened its rhetoric and vowed a “persistently accommodative” stance in light of its new inflation target.
There was a division among members over whether to alter the central bank’s forward guidance. Still, hawkish National Bank of Belgium Governor Pierre Wunsch told CNBC on Friday that his dissent should not be “dramatized.”
Brexit has reared its head once again after the EU rejected the U.K.’s call to reopen negotiations over the Northern Ireland Protocol, a vital feature of the withdrawal agreement that saw the U.K. left the EU in 2020.
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.
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