Date of Publication :17th May 2024
Abstract:As contemporary organizational structures continue to evolve; it becomes necessary to critically evaluate the role of leadership and senior management in driving the growth of the organization. We examine the detrimental impact of “CxO bloat” on organizational dynamics, particularly in the context of decision-making, accountability and organizational hierarchy, underscoring the need for lean leadership principles. Subsequently, this paper lays a framework for executive restructuring, with a focus on consolidating executive roles rather than duplication, facilitating a streamlined approach to corporate management. Through empirical evidence and anecdotal examples, we demonstrate the tangible benefits of embracing lean principles, empowering organizations to navigate the complexities of “CxO bloat”. Thereby, the proposed downsizing and consolidation can help create a thriving leadership culture that is inherently agile and nimble, to meet the demands of an evolving and fiercely competitive market.
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