Picking a number two is among the most important decisions any leader makes. Getting it right shapes a leader’s direction, effectiveness, and legacy.
The business world has no rules requiring that every leader have a backup, or that every corporate chief executive has a chief operating officer. Indeed, some leaders prefer to consolidate power rather than name a second-in-command. In some big companies, the CEO takes on all the top titles — chairman, president, and CEO — and scatters authority over an array of divisional and functional heads or appoints a trio of vice chairmen.
Still most leaders benefit from a running-the-company mate. A good number two can back them up, reinforce their message, and handle major responsibilities with the same broad view as the top person.
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Courtesy : Tinaz Billimoria