Organizing the CEO's Sphere of Power

Lukas Michel and Dr. Patricia Seemann

CEOs distribute decision making responsibilities throughout an organization with their management systems. Such systems need to go beyond fixed decision making and control mechanisms and empower employees to use their experience and judgment. To encourage “smart” decisions, CEOs need “smart” management systems that let them exercise power with more traction, greater flexibility and reduced complexity. These systems can be configured in a systematic way to improve an organization’s performance. ....