October 3, 2019
Has your C-suite changed to reflect the changing times?
The market demands that large companies innovate differently, embrace digital, create ecosystems and transform customer relationships at a breath-taking pace. Succeed, and the rewards may be exponential; fail, and irrelevance quickly follows. With disruption raising the stakes, shouldn’t the C-suite be optimally structured to rise to the challenge? Yet EY’s research shows most CEOs, board directors and institutional investors from the world’s largest companies and institutions believe that the current C-suite model fails the test. In this final article of EY’s CEO Imperative series, we find fixing that requires more than merely adding more roles with a “C” in the title. Companies must actively address how leadership teams operate by examining fundamental issues of hierarchy, agility and the elimination of organizational silos.