
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.
October 24, 2022: -On Friday, shares of Snap decreased by 28% in premarket trading after investors kept going to digest the company’s third-quarter earnings report that was released on Thursday.
The company is posting a surprising profit, but revenue is missing estimates, which comes in at $1.13 billion versus the $1.14 billion expected, a Refinitiv survey of analysts say.
The social media company has suffered due to the struggling online advertising market. In 2021, Apple’s data privacy update limited the ability of social media firms to track users online, which is continuing to hurt the company.
Bernstein analyst Mark Shmulik came down to the stock Friday morning to market perform from outperform and decreased his price target from $15 to $9.
In a note to investors, Shmulik is signaling there are still chances for the company, “SNAP’s untapped potential remains, yet unlikely to experience near-term inflection. Winning back investors and our confidence will take time.”
Barclays was optimistic in its analysis of Snap’s performance, reiterating an overweight which rate on the stock after showing that Snap “has a long history of overcoming challenging transitions.”
The company has continued to grow in popularity, with daily active users increasing by 19% yearly. Shares of Snap are decreased almost 77% year-to-date.
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.
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