06. High-Performing Leadership Teams: Raising the Bar and Lowering the Cost of Coordination

Frustration among leaders is mounting when it comes to the overall effectiveness and collective performance of their leadership teams. Amplified by the shift to the virtual world, the transition has lowered shared context while increasing the default to individual executives executing in their own lanes. As a result, companies and leadership teams became more vertical and less horizontal, decreasing the sense of team, and increasing the cost of coordination. CEO Stephen Miles and COO Taylor Griffin focus on the areas where leaders can lower the cost of coordination in order to better establish high-performing leadership teams.