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Literature / resource Imported

Is It Time to Consider Co-CEOs?

Netherlands · Transnational · See the Netherlands profile

Evidence: Quasi-experimental Top 76% 40/100 · Ask Evidence Copilot about this practice

Two heads are better than one.” It’s a familiar expression—and one that businesses might want to heed. The authors’ study of 87 companies led by co-CEOs showed that those firms tended to generate better returns than did peer companies with a sole CEO. Successful power sharing at

87 companies led by co-CEOs
Companies studied
Is It Time to Consider Co-CEOs?

Details

Promoter
Michael Jenkins, Anton Warendh
Power domain
Economic Power
Methods / tools
Awareness-raising, Self-regulation
Keywords
co-CEO model, co-leadership between men and women

Context

Businesses considering leadership structures may weigh whether a co-CEO model can outperform a traditional sole-CEO structure, particularly at large, multifaceted firms, those using agile-based management, or those undergoing technology transformations.

Results

A study of 87 companies led by co-CEOs found these firms tended to generate better returns than peer companies with a sole CEO.

Conclusions

Successful power-sharing at the top depends on multiple factors: strong commitment to the partnership by both leaders, complementary skill sets, clear responsibilities and decision rights, mechanisms for conflict resolution, projection of unity, shared accountability, board support, and an exit strategy. The authors caution the co-CEO model will not work everywhere.

Implementation

Implementation detail (cost, timeline, staffing, conditions for success) is not yet available for this practice.

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Data sources

Where this practice's information was retrieved from, and when.

Attachments

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