I recently met with the CEO of a start-up to discuss strategies for growing the business. Or, at least I thought I was meeting with the CEO. I quickly discovered that although the corporate documents designated him as the CEO, he was really one of two co-CEOs in that the CEO does not make an important decision without the approval of another employee. The two co-CEOs have a long, strong personal relationship and possess complementary skills.
Two heads are better than one, right?
I don’t think so.