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Recommended Reading: How Global Companies Are Really Led

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Wed Apr 09 2014

Recommended Reading: How Global Companies Are Really Led
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Companies can no longer rely on single individuals at the top to handle the complexity and uncertainty of the global environment, according to “How Global Companies Are Really Led,” a recent report from Accenture Executive Forum.

Companies can no longer rely on single individuals at the top to handle the complexity and uncertainty of the global environment, according to “How Global Companies Are Really Led,” a recent report from Accenture Executive Forum. 

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Instead, successful global organizations rely on “leadership ensembles”— teams that can capitalize on diversity, stay current with developments in different parts of the world while anticipating future trends and their implications, and make smart decisions without sacrificing speed.

Instead, successful global organizations rely on “leadership ensembles”— teams that can capitalize on diversity, stay current with developments in different parts of the world while anticipating future trends and their implications, and make smart decisions without sacrificing speed.

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Researchers at the Accenture Institute for High Performance interviewed 50 C-level executives and studied a total of 39 companies on five continents to learn how leadership was evolving. In most of the companies studied, multiple “top teams” exist to perform a variety of functions.

Researchers at the Accenture Institute for High Performance interviewed 50 C-level executives and studied a total of 39 companies on five continents to learn how leadership was evolving. In most of the companies studied, multiple “top teams” exist to perform a variety of functions.

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The research revealed that in most companies, these groups are not “teams” by any dictionary definition, but rather ensembles of leaders who, together are able to bridge a host of differences—in language, culture, time zone, experience, and more—with a new approach to leadership.

The research revealed that in most companies, these groups are not “teams” by any dictionary definition, but rather ensembles of leaders who, together are able to bridge a host of differences—in language, culture, time zone, experience, and more—with a new approach to leadership.

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Across the companies studied, it was found that top leaders come together in four distinct ways and in roles that can be taken on as needed for a specific purpose and period of time. The four ensemble configurations are:

Across the companies studied, it was found that top leaders come together in four distinct ways and in roles that can be taken on as needed for a specific purpose and period of time. The four ensemble configurations are:

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    Kitchen cabinets: An inner circle of trusted advisors, where members are nested in adjacent offices or dispersed globally but connected by video and voice—usually chaired by the CEO.

    Kitchen cabinets: An inner circle of trusted advisors, where members are nested in adjacent offices or dispersed globally but connected by video and voice—usually chaired by the CEO.

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    Tiger teams: Composed of experts and divergent thinkers, but tasked with an explicit goal.

    Tiger teams: Composed of experts and divergent thinkers, but tasked with an explicit goal.

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    Advocates: Teams of “rivals”—usually groups of senior executives and experts assembled specifically to review a situation and to generate, through debate, a wider and deeper understanding of causes, consequences and options.

    Advocates: Teams of “rivals”—usually groups of senior executives and experts assembled specifically to review a situation and to generate, through debate, a wider and deeper understanding of causes, consequences and options.

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    Operators: Often made up of people executing responsibilities related to a specific function, process, or location.

    Operators: Often made up of people executing responsibilities related to a specific function, process, or location.

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Indeed, these leadership ensembles consist of groups of executives, each with distinctive expertise and perspectives, who come together in combinations suited to specific situations. Because they share common understandings and a common discipline, they can be reconfigured without significant loss in effectiveness

Indeed, these leadership ensembles consist of groups of executives, each with distinctive expertise and perspectives, who come together in combinations suited to specific situations. Because they share common understandings and a common discipline, they can be reconfigured without significant loss in effectiveness

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