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A staple motif of corporate mis-management<ref>See ''here'' for a [https://www.google.com/search?q=%22appoints+co-heads%22&tbm=nws daily-updating hall of shame].</ref> technique of the multinational, the co-head speaks to every conceivable weakness in upper management. | A staple motif of corporate mis-management<ref>See ''here'' for a [https://www.google.com/search?q=%22appoints+co-heads%22&tbm=nws daily-updating hall of shame].</ref> technique of the multinational, the co-head speaks to every conceivable weakness in upper management. | ||
=== | ===“Co-head is no head”=== | ||
To appoint co-leaders of a division, or the firm itself is to settle a petulant inter-personal dispute that is, at best, only ''adjacent'' to the institution’s interest — but in all likelihood is positively hostile to it — by undermining the one thing such an appointment is meant to achieve: ''direct personal accountability''. A sole head of business who presides over catastrophic loss may blame inclement weather, Brexit, or regulatory head-winds, but cannot evade the retort that ''managing'' external factors such as these is just the job she was empowered to do. | To appoint co-leaders of a division, or the firm itself is to settle a petulant inter-personal dispute that is, at best, only ''adjacent'' to the institution’s interest — but in all likelihood is positively hostile to it — by undermining the one thing such an appointment is meant to achieve: ''direct personal accountability''. A sole head of business who presides over catastrophic loss may blame inclement weather, Brexit, or regulatory head-winds, but cannot evade the retort that ''managing'' external factors such as these is just the job she was empowered to do. | ||