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.
June 20, 2022: -On Friday, the Bank of Japan is maintaining ultra-low interest rates and its guidance to keep borrowing costs at “present or lower” levels, which signals its resolve in focusing to support the economy’s tepid recovery from the Covid-19 pandemic.
However, in a nod that it reaches what the yen’s latest sharp declines may have on the economy, the central bank said that it must “closely watch” the impact exchange-rate moves could have on the economy.
At the two-day policy meeting, the BOJ maintained its -0.1% target for short-term rates and pledged to guide the 10-year yield to around 0% by an 8-1 vote.
The decision was widely expected but left the BOJ’s stance even better at odds with other major central banks, aggressively tightening policy to curb the increase in inflation.
“There was speculation the BOJ could tweak policy to address currency moves, but the reply from the central bank was no,” said Shotaro Kugo, an economist at Daiwa Institute of Research.
“The BOJ sent out a message that while the currency moves are important to reach its price target, it will not guide policy with a focus on yen moves.”
The bank also maintained that short- and long-term rates were expected to remain at “present or low levels.”
The yen tumbled to 1.7%, and the 10-year Japanese government bond (JGB) yield decreased after the BOJ’s policy determination to remain a dovish outlier.
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
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