Breaking down the silos: How leaders must embrace the whole business

Legs business people and waiting room for recruitment interview or hr opportunity Employee group candidates and row in office for hiring human resources and corporate job search on tech together Legs business people and waiting room for recruitment interview or hr opportunity Employee group candidates and row in office for hiring human resources and corporate job search on tech together Business transformation by Carlos Cordon Published 11 November 2024 in Business transformation • 5 min read CEOs need C-suite colleagues with broad leadership skills who can support the whole business, suggests IMD’s Carlos Cordon. Today’s large businesses are made up of silos. After years of investing in functional expertise, many organizations have been left with a group of high-functioning but disparate and unconnected teams. With leadership structures that work along similar lines, these teams often end up with leaders who reflect this situation: a finance leader with no knowledge or experience of marketing, say, or a technology leader who has never engaged with the HR function. Business risks are increasingly interconnected, meaning old-fashioned organizational structures are no longer fit for purpose. Businesses need teams that communicate and collaborate effectively. Above all, they need leaders who can see problems from […]

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