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.
October 6, 2021: -On Monday, the U.S. welcomes the news of direct communication between longtime Middle Eastern rivals Saudi Arabia and Iran, a Biden administration official told CNBC, at a time when tensions are high in the region, and Iran’s recently-elected government has not held back in expressing its hatred toward the West.
“Our regional partners, first of all, like the UAE, are critical to us as partners in economics, in regional security, in cooperation,” Jennifer Gavito, deputy assistant secretary for Iran and Iraq at the State Department’s Bureau of Near Eastern Affairs, told CNBC in Dubai.
“And so we welcome their contributions to regional stability. About the announcement of direct talks between Saudi Arabia and Iran, we welcome that, and we welcome any direct talks that lead to greater peace and stability in the region.”
The discussion took place at the Dubai Expo, the Gulf city’s six-month-long mega-event that it hopes will boost tourism and investment and further raise its global profile. Gavito was the highest-ranking U.S. official to attend the event thus far.
Saudi Foreign Minister Prince Faisal bin Farhan al-Saud confirmed over the weekend that the first talks between the kingdom and Iran’s new government had taken place, saying that the latest round happened on September 21.
“These discussions are still in the exploratory phase. We hope they will provide a basis to address unresolved issues between the two sides, and we will strive and work to realize that,” he said during a news conference Sunday.
Iran and Saudi Arabia support opposing sides of numerous regional disputes and violent conflicts, including Yemen, Syria, and Lebanon. Saudi Arabia has accused Iran of attacking its oil infrastructure and providing Yemen’s Houthi rebels with missiles used to attack the kingdom.
While Riyadh and Tehran have not conveyed any expectations of a significant breakthrough, both sides have expressed support for easing tensions.
The diplomatic outreach is a marked difference from the current state of affairs between the U.S. and Iran, despite a quick return to negotiations over the Iran nuclear deal in the early months of the Biden presidency. The Obama-era 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action, lifted sanctions on Iran in exchange for curbs to its nuclear program.
But the deal has essentially been on life support in the years since the Trump administration unilaterally withdrew the U.S. from the agreement and reimposed sweeping sanctions on Iran, crippling its economy.
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