This will be an interesting one to watch. Replacing a CEO with a 3-headed Office of the CEO leadership structure while navigating business performance challenges, delicate merger discussions, and board drama certainly goes against conventional wisdom. We have seen examples where co-CEO leadership can work effectively, but under very specific conditions. These usually involve situations that require uniquely complementary strengths from each leader coupled with absolute clarity around who owns what to ensure decision making does not grind to a halt. The added complexity of a triumvirate model where each leader remains on the hook for delivering results for their own divisions creates a fascinating new test for enterprise leadership that will demand deep trust, alignment, and mutual accountability. What do you think? https://lnkd.in/gnY8ggFy
Todd Fryling - Did you see that Paramount has inked a deal to merge with Skydance this week? Seems like a win for the CEO at Paramount. They're talking about becoming a "tech-media hybrid"
VP Consulting Partnerships at Entromy | Industrial Organizational Psychology Doctoral Student | Author of ‘Taboo Business Questions’
12moI think this is a fascinating development. While the triumvirate model certainly goes against conventional wisdom, it may be a stroke of genius if it works out. Todd Fryling - what are some ways we’ll be able to know if it “works?”