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Isabelle Nichols's avatar

I have worked almost exclusively at institutions where there was a strong non-CEO founder (family offices, hedge funds) that is involved in the business.

When successful, clarity of mandates cascades downward (founder --> CEO --> Senior exec) and leaders are as comfortable saying decision they are *not* taking agency in. Accountability / reward are about the quality of the decision or outcome, and decision rights are added or removed accordingly.

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