
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.

January 28, 2022: On Thursday, SAP said it has agreed to buy a majority stake in privately-held U.S. fintech firm Taulia. The German business software group seeks to expand its supply-chain financing and working capital loans.
Taulia is working with financial institutions which allows suppliers that use its platform to receive early payments on their delivered goods and services, and the market has increased because of the pandemic disrupting supply chains.
SAP, which provides some of the supply-chain financings through its Ariba brand, said the acquisition of Taulia will help the company remove the limited growth rates for its products.
While SAP did not disclose the deal price, SAP Chief Executive Officer Christian Klein said the value is less than $1 billion. Taulia had raised more than $200 million from Trinity Ventures, Questmark Partner, and Lakestar.
The fintech firm had also secured a credit facility worth more than $6 billion from JPMorgan last year after its partner for supply-chain financing, Greensill Capital, filed for insolvency.
SAP said JPMorgan’s relationship with Taulia remains unchanged, and the bank will continue to operate its strategic alliance and maintain its equity stake.
About two million suppliers use Taulia, resulting in more than $500 billion in annual transaction volume, with 87% of the customers running SAP’s software.
SAP’s former CEO, Léo Apotheker, also serves as an independent director at Taulia, and both companies have joint customers such as Airbus, Nissan, and AstraZeneca.
Separately, SAP confirmed its preliminary fourth-quarter results were boosted by growth at its cloud business. It forecast 2022 cloud revenue of between 11.55 billion euros ($12.95 billion) and 11.85 billion euros, up from 9.42 billion in 2021.

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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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.

Character Determines Destiny – so said Aristotle. And David CM Carter believes that more than anything else. For David, it has been numerous years of research into codifying Entelechy Academy’s 54 character qualities that underpin everything he stands for as a leader and teacher.


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