The traditional rigid structure of the C-suite is transforming into a more dynamic and flexible matrix that favors collaboration and decentralized decision-making. A Deloitte analysis highlights a 23% growth in executive team sizes from 2018 to 2023, coinciding with shifting expectations for C-suite roles. Companies embracing strategic adaptability are less vulnerable during economic downturns. MIT CISR data reveals that firms with decentralized decision-making achieve superior profitability and growth. The evolution also sees roles like CMO becoming less defined, reflecting a broader trend towards fluidity in executive functions.
C-suite executives who focus on strategic adaptability can reduce potential revenue losses by up to 15% during economic downturns.
Companies with decentralized decision-making where half the teams have authority, outperform centralized peers by delivering significant increases in profitability.
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