
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.
September 23, 2022:-On Wednesday, General Motors will close reservations for its electric GMC Hummer pickup and the forthcoming GMC Hummer SUV after exceeding 90,000 vehicles have been reserved, the company said.
Closing the reservations is a way for the automaker to attempt to fulfill the current list of reserved vehicles, rising to at least 2024. The number of reservations is notable as the starting prices of the cars range from roughly $85,000 to $111,000.
GM said it plans to close reservations for both vehicles starting on Thursday. Anyone wanting to reserve one of the electric trucks must do so by the end of Wednesday.
GM has been slowly ramping up production of the Hummer EV pickup since this year. As of June, the company had sold less than 400 vehicles. The SUV version is anticipated to arrive to dealers and customers in early 2023.
Duncan Aldred, global head of GMC, said production of the SUV should happen more quickly than the pickup, which was the initial consumer vehicle to feature GM’s coming-generation Ultium batteries and vehicle platform.
“We knew it would be a slow ramp. But next year, when you look at the calendar year, I think you’ll see a normalized year,” he told CNBC last week at the Detroit auto show. “When we produce SUVs, that should get into stride right away. Next year is a big year for both truck and SUV for Hummer EV.”
GM’s decision tracks Ford Motor shutting down reservations for its electric F-150 Lightning pickup after hitting around 200,000 units. It also had shut down uneasiness for the electric Mustang Mach-E crossover, but they have since reopened.
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