Interesting article in Associations Now today. The article asks the question, ‘Can a company or organization survive without a CEO’?
I was confident I knew the answer without reading the article – “NO”!
But I read the article anyway. I guess I was curious more than anything else.
Turns out my instincts were right. It seems a few organizations have tried to be run without a leader (where the buck stops) but it doesn’t appear they have been resounding successes. In fact, my impression from the article is that companies that have tried such a model have increased their middle management numbers, decreased their efficiency and created cultures where accountability is questionable.
That’s not to say that new models for leading businesses cannot be found. In fact, one of the hallmarks of great leaders, in my opinion, is they are constantly thinking about ways to adjust or change their business model to make it better. Great leaders are always thinking about the culture of their organization and how to make it better; the efficiency of their organization and how to make it even more efficient; the value their organization is delivering to its customers and how to become even more valuable.
Can a company survive without a CEO – probably on the short-term but for the long-haul organizations need a leader who is developing their culture, refining their vision and LEADING the employees to deliver value to their customers.