
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 29, 2021: On Wednesday, McDonald’s reported that the chain’s Crispy Chicken Sandwich helped U.S. same-store sales outpace 2019 levels by double digits.
Shares of the company fell less than 1% in premarket trading.
The fast-food giant reported fiscal second-quarter net income of $2.22 billion, or $2.95 per share, up from $483.8 million, or 65 cents per share, a year earlier.
Excluding strategic gains and U.K. income tax benefits, McDonald’s earned $2.37 per share, beating the $2.11 per share expected by analysts surveyed by Refinitiv.
Net sales increase 57% to $5.89 billion, topping expectations of $5.6 billion. Global same-store sales increased 40.5% from a year ago and 6.9% on a two-year basis.
U.S. same-store sales climbed 25.9% in the quarter and 14.9% on a two-year basis. The company credited strong sales of its new chicken sandwich, which launched in February, and its “famous orders” promotion with K-pop group BTS, including McNuggets and unique sauces.
Outside the U.S., McDonald’s has seen a substantial recovery in many regions. Its international operated markets segment, which includes the United Kingdom and France, reported same-store sales growth of 75.1% compared with a year ago, or 2.6% on a two-year basis. McDonald’s said that easing restrictions and less temporary closures helped sales for that segment.
In the international developmental licensed markets segment, same-store sales were roughly flat on a two-year basis. The division, which includes Brazil and Japan, saw positive same-store sales across all of its regions compared with a year ago.
Across McDonald’s six top markets, the company has reported roughly $8 billion in systemwide digital sales during the first half of the year. As the fast-food chain looks to hold onto the digital sales it gained during the pandemic, it launched a U.S. loyalty program in early July. So far, more than 12 million consumers have joined the program.

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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