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.
April 19, 2021: -General Motors and South Korea’s LG Chem will invest over $2.3 billion in a second U.S. battery cell plant for electric vehicles in Tennessee, the companies said on Friday.
The plant for their Ultium Cells LLC joint venture will support the production of GM’s coming Cadillac Lyriq crossover and other EVs at an assembly plant. The supply and production of battery cells are critical for automakers pivoting to electric vehicles. While its first is still under construction in Lordstown, Ohio, the joint venture for the new plant underscores that.
Construction on the 2.8 million-square-foot facility will start immediately. The plant is scheduled to open in 2023 and will create 1,300 jobs, the companies said. “The addition of our second all-new Ultium battery cell plant in the U.S. with our joint venture partner LG Energy Solution is another major step in our transition to an all-electric future,” GM CEO Mary Barra said.
It was announced between a 100-day review asked to do by Joe Biden of the U.S. supply chain for advanced batteries, pharmaceuticals, critical minerals, and semiconductors. He called the study between an ongoing global shortage of semiconductor chips that have significantly impacted U.S. auto production in 2021.
GM confirmed last month that it evaluated a second location in the U.S. to produce battery cells for electric vehicles with LG. reported details of Reuters’ announcement on Wednesday.
LG Energy Solution President and CEO Jong Hyun Kim said the new facility would permit the companies “to build solid and stable supply chains of U.S. that enable things from research, product development, and production to the procurement of raw components.”
Ultrium is GM’s next-generation batteries and platform, which are expected to debut this year in the GMC Hummer EV pickup. The first vehicles are not likely to include Ultium battery cells from the Ohio plant under construction.
GM is expected to continue building or converting plants to battery facilities in the U.S. as it moves to become an automaker that exclusively offers electric vehicles by the year 2035. Including 30 new EVs by 2025 under a $27 billion investment plant in electric and autonomous cars during that time frame.
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
At seventeen, Professor Richard Rose stepped into a world few adults dare to navigate: the world of children fractured by trauma. He wasn’t a clinician then, nor a scholar. He was simply a young man with a heart tuned to the quiet ache of others.
Following a distinguished Law Enforcement career Joe McGee founded The Securitatem Group to provide contemporary global operational specialist security and specialist security training products and services for private clients, corporate organisations, and Government bodies. They deliver a wide range of services, including complete end-to-end protection packages, close protection, residential security, protection drivers, and online and physical installations. They provide covert and overt investigations and specialist surveillance services with a Broad range of weapons and tactical-based training, including conflict management, risk and threat management, tactical training, tactical medicine, and command and control training.
Jay Wright, CEO and Co-Owner of Virgin Wines infectious energy, enthusiasm, passion and drive has been instrumental in creating an environment that encourages talent to thrive and a culture that puts the customer at the very heart of every decision-making process.
Fabio de Concilio is the visionary CEO & Chairman of the Board at Farmacosmo, a leading organization dedicated to mental health and community support services. With a deep commitment to identifying and meeting customer needs, Fabio ensures that high standards are maintained across the board.
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