The article also highlights the fastest-growing C-suite roles on LinkedIn, such as chief data officer, chief legal officer, and chief human resources officer. However, it warns that an overpopulated C-suite can lead to overlapping responsibilities and reduced productivity. The piece concludes by suggesting that as technology like AI becomes more integral to businesses, more tech experts may be needed in the C-suite, but all leaders should strive to become proficient in these technologies.
Key takeaways:
- The C-suite is expanding with new roles such as chief experience officers, chief AI-ethics officers, and chief transformation officers, due to the complexity of running a major business and rapid advances in tech.
- Leadership experts argue that while more expertise is needed, having too many people at the top could risk muddling decision-making and hurting productivity.
- Janet Sherlock, former chief digital and technology officer at Ralph Lauren, suggests that the amount of innovation and change over the past 20 years has led to organizational bloat at the top, and many organizations might be reaching a critical breaking point.
- Ty Wiggins, the global lead of the CEO- and executive-transitions practice at Russell Reynolds Associates, argues that as tech like AI becomes more important within organizations, bringing more tech experts into the C-suite will be necessary.