Discover the power of Co-CEO’sJune 9, 2020
A Co-CEO structure has been proven to benefit companies when approached the right way. With benefits like improved productivity, greater reach, optimal use of skills, and better decision making, co-leadership is an attractive approach. Co-CEOs with complementary skills can add value and even accelerate company growth. Having more than one perspective can result in better ideas and a creative problem-solving approach.
For example, the investment firm KKR & Co. Inc. has been running under a shared leadership model since its inception over forty years ago. The firm has been led by cousins Henry Kravis and George R. Roberts since 1987 after the third co-founder Jerome Johlberg Jr. left over disagreements. The shared leadership approach has clearly worked for the company as it has grown to become one of the largest investment firms with assets over $39 billion and revenue equaling $4.2 billion. The co-CEOs have even set in place a succession plan by naming the next two co-presidents and co-COOs.
Jeff Barnes and AudraHajj announce that they are disrupting the investment industry, and doing it side by side as Co-CEO’s! This is a huge benefit to both entrepreneurs as well as investors. Watch this video as they talk about why this is such a powerful approach.