The symphonic c-suite : teams leading teams has been saved
The symphonic c-suite : teams leading teams
Rather than behave as independent C-level functional experts, the C-suite themselves must now operate as a team. We call this the “symphonic c-suite”
Behaving as a social enterprise and managing the external environment’s macro trends effectively demands an unprecedented level of cross-functional vision, connectivity, and collaboration from C-suite leaders.
To do this, they must collaborate in what we call the “symphonic C-suite”, in which an organisation’s top executives play together interdependently as a team while also leading their own functional teams. This approach enables the C-suite to understand the many impacts that external forces have on and within the organisation – not just on single functions – and plot co-ordinated, agile responses.
Most South African respondents (89 %) rate this trend as important, while 58 % report that they are not ready for it.
The majority of respondents state that pressure from and changes in their industry, the digital workplace or the future of work, regulatory pressure, shifting labour markets, and AI or cognitive computing are the key drivers of business transformation.
A new generation of leaders will need to emerge that can manage across cultural, demographic and organisational dynamics. At C-suite level, functional and operational responsibilities are becoming fewer while managing internal and external stakeholders is becoming critical to executive roles.
The bottom line
We recommend the following actions that organisations can take to address the opportunities and challenges of this trend :
• Rethink the executive model
• Empower the new generation of leaders
• Integrate collaboration in management and governance practices
Please click here to view the Global Human Capital Trends Report.