
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 27, 2021: -Tobacco group Philip Morris International has reportedly said it plans to stop selling cigarettes in the U.K. in 10 years.
It could bring an end to the cigarette maker’s flagship Marlboro brand and comes two years after the U.K. government said it wanted to end smoking in England by 2030.
“I want to allow this company to leave smoking behind,” Philip Morris CEO Jacek Olczak said in an interview with the Mail on Sunday. “I think in the U.K., ten years from now maximum, you can completely solve the problem of smoking.”
When asked whether that meant the company would stop selling traditional cigarettes in the U.K. within that timeframe, Olczak replied: ’“Absolutely.”
Campaign groups have highlighted that Philip Morris International has issued similar statements in the past only for very little to change.
They also argue that tobacco giants, which have a long history of denying the health risks of smoking, advocate themselves as part of the transition to a smoke-free world while also continuing to sell and promote cigarettes globally.
Philip Morris International’s former Chief Executive André Calantzopoulos said in 2016 that he hoped the company would stop selling cigarettes entirely.
The World Health Organization describes the tobacco epidemic as “one of the biggest public health threats the world has ever faced.” The United Nations health agency says smoking, including second-hand, kills more than 8 million people per year.
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
May 28, 2025: SpaceX’s latest Starship test flight, conducted on May 27, 2025, ended in failure when the spacecraft’s upper stage broke apart during its descent over the Indian Ocean.
May 27, 2025: Greek Coastguards Charged Over 2023 Pylos Migrant Shipwreck That Killed Hundreds
May 27, 2025: Volvo to Cut 3,000 Jobs in Europe as Part of $1.9B Restructuring Amid EV Slowdown and Tariff Pressures.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
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