Lately, the merit of having 'large, sophisticated brains' in the senior management of banks has been called into question, so is it time for ant-style collective control? Says Steve Tappin, co-author of The Secrets of CEOs: 'The outstanding companies of the next decade will be led by a tightly bonded fellowship of remarkable leaders operating as one.' That may be true, but we'd be wary of any company that incorporated slaves, drones and fertile queens into its business plan.
A system of devolved power may seem attractive after the extensive failures of the omnipotent CEO system. But, as the latest Jack Daniels ad reminds us: 'No monument was ever raised to a committee.'
Jennifer Harris is director of JRBH Strategy & Management, www.jrbh.co.uk.