Importance of CXOs working in tandem with the CEO | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
May 28, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, MAY 28, 2025
Importance of CXOs working in tandem with the CEO

Thoughts

Sabyasachi Dutta
12 May, 2024, 04:20 pm
Last modified: 12 May, 2024, 05:50 pm

Related News

  • Young stars of Dreamers Academy shine at ICT Olympiad Season 2
  • Minds and Bins: A Workshop to promote environmental mindfulness and cleanliness
  • Phoenix Summit Dhaka 2025 wraps up with strong emphasis on digital safety in Bangladesh
  • Concord delivers Sohel Square: A signature commercial space in Dhanmondi
  • GCI III project in Bangladesh concludes with green cooling technologies workshop

Importance of CXOs working in tandem with the CEO

While CEOs are undeniably at the top of their respective organisations, they require an able team. And that’s where the CXOs, next in the chain of command, need to pitch in with their inputs

Sabyasachi Dutta
12 May, 2024, 04:20 pm
Last modified: 12 May, 2024, 05:50 pm
Collaboration amongst all stakeholders is key for the dual success of a CEO and the organisation. Photo: Collected.
Collaboration amongst all stakeholders is key for the dual success of a CEO and the organisation. Photo: Collected.

Team sports excel at levelling the playing field. When players do not contribute to the team and rely on individual brilliance, they are bound to flounder eventually. The philosophy behind it can also be applied to the corporate world. 

For example, FC Barcelona, arguably one of the best clubs in the world, had a fantastic attacking trio nicknamed MSN – Messi, Suarez and Neymar. The trio racked up an impressive goal count, eventually helping their team to record-breaking trophy wins. Not to be outdone, arch-rival Real Madrid had BBC – Bale, Benzema and Cristiano, who were similarly talented and consistently performed for their team. 

There are similar examples of exceptional player combinations in cricket as well, be it - Greenidge and Haynes, Gavaskar and Chetan Chauhan, West Indies pace quartet of Roberts, Holding, Garner and Marshall – all seemed to understand each other perfectly and delivered whatever was asked for.

In the corporate world, while CEOs are undeniably at the top of their respective organisations, they require an able team. And that's where the CXOs, next in the chain of command, need to pitch in with their inputs. 

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Many management gurus opine that the COO, CFO and CHRO can form a vital sounding board for their CEO, particularly in large organisations. Though ideas can come from any source and should be welcomed irrespective of their position in an organisation's hierarchy, invariably CEOs develop a close circle to deal with critical issues that may call for deft handling.
Effective collaboration in any organisation ought to begin at the top, where everyone must work in unison towards achieving the envisioned goals. CEOs, in close coordination with departmental heads, need to take a holistic view of their organisation and develop a cohesive overarching strategy - instead of individual ones - displaying a collective spirit.
Organisations should rally around their CEOs who are expected to lead them with well-defined vision and measurable objectives. Collaboration amongst all stakeholders is key for the dual success of a CEO and the organisation.

Usually, CEOs are multifaceted, exhibiting analytical, managerial, communication and leadership skills but there could be certain spots of weakness that could be overcome with the contribution of other CXOs. 

However, a CEO creating a clique to run an organisation can be a two-edged sword. The composition of a CEO's core team largely depends on the leader's working style, the culture of that particular organisation and the major issues they might be grappling with. Let's look at the pros and cons of this.

Pros: The CEO needs to "talk the talk" by clearly communicating expectations and unambiguously setting the benchmark. The dictum that all 'sail or sink together' should be cast in stone.

The CEO should "walk the talk" and prove that the buck eventually stops with him. Even when things don't go as planned, he should not ditch the team and fall back into non-collaborative behaviours. Subsequently, when the team succeeds it should be celebrated publicly, recognised, and abundantly rewarded.
The CEO should ensure transparency and informality with his team to quickly arrive at decisions in tune with the changing times instead of dithering to look for unanimity. 

Cons: When an individual's performance negatively impacts others in the team then the purpose of having an inner circle is moot.

If a member is not aligned with the vision fully or displays a lack of commitment, then it's better not to pursue a unified decision-making process. Detailed and careful assessment needs to be done by the CEO on whether to continue or disband the core team. A core team should not be full of 'yes men' who do not offer any unique solutions as this can lead to blind spots and a narrow funnel for ideas or innovations. 

If a CEO's top team is large, then the time spent with vital external stakeholders could be reduced disproportionately. This insularity could often blur the CEO's vision to read prevailing threats in the marketplace. 

Some CEOs prefer to have a large core group thinking it would help delegate responsibilities equitably but that can be counterproductive as the 'span of control' could get weakened or spiral out of hand. There could also be a likelihood of larger teams getting less integrated.

To mitigate these shortcomings, the CEO should regularly engage with staff outside the core team and foster an environment of independent thinking. 

 


Sabyasachi Dutta. Sketch: TBS
Sabyasachi Dutta. Sketch: TBS

Sabyasachi Dutta is the Country General Manager of Crown Agents, a British MNC in India. He is a business executive with more than two decades of corporate experience and primarily writes on buzzing management and leadership topics.


Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the opinions and views of The Business Standard.
 

CEO / Corporate / Office

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Leaders and activists of BNP gather at Nayapaltan ahead of the rally of three BNP affiliated organisations on Wednesday, 28 May 2025. Photo: Rajib Dhar/TBS
    Start preparing to ensure election is held within December: Tarique issues instructions at youth rally
  • File Photo: Reuters
    Bangladeshi cos expecting increased costs due to tariffs, yet extremely optimistic about int'l growth: HSBC survey
  • Photo: Collected
    HC overturns graft convictions of Tarique, Zubaida

MOST VIEWED

  • Selim RF Hussain. Sketch: TBS
    BRAC Bank MD Selim RF Hussain resigns
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Depositors need not worry as govt will take over banks before merger: BB governor
  • Graphics: TBS
    Suspicious banking activities surge by 56% since July: Cenbank
  • Photo: Collected
    DU student assaulted for protesting eve-teasing at Chadni Chowk
  • Illustration: TBS
    Bangladesh sees highest-ever per capita income of $2,820 in FY25, BBS provisional data shows
  • Officials protest inside the Secretariat on Tuesday, 27 May 2025, over a government ordinance amending the Public Service Act, 2018. Photo: Rajib Dhar
    Protest at Secretariat suspended as govt assures decision on ordinance tomorrow

Related News

  • Young stars of Dreamers Academy shine at ICT Olympiad Season 2
  • Minds and Bins: A Workshop to promote environmental mindfulness and cleanliness
  • Phoenix Summit Dhaka 2025 wraps up with strong emphasis on digital safety in Bangladesh
  • Concord delivers Sohel Square: A signature commercial space in Dhanmondi
  • GCI III project in Bangladesh concludes with green cooling technologies workshop

Features

In recent years, the Gor-e-Shaheed Eidgah has emerged as a strong contender for the crown of the biggest Eid congregation in the country, having hosted 600,000 worshippers in 2017. Photo: TBS

Gor-e-Shaheed Boro Maath: The heart of Dinajpur

1d | Panorama
The Hili Land Port, officially opened in 1997 but with trade roots stretching back to before Partition, has grown into a cornerstone of bilateral commerce.

Dhaka-Delhi tensions ripple across Hili’s markets and livelihoods

2d | Panorama
Photo: Collected

Desk goals: Affordable ways to elevate your study setup

3d | Brands
Built on a diamond-type frame, the Hornet 2.0 is agile but grounded. PHOTO: Asif Chowdhury

Honda Hornet 2.0: Same spirit, upgraded sting

3d | Wheels

More Videos from TBS

Poor documentation, evidence plague stolen asset recovery efforts

Poor documentation, evidence plague stolen asset recovery efforts

1h | TBS Insight
Donald Trump warns Vladimir Putin he is 'playing with fire' over Ukraine

Donald Trump warns Vladimir Putin he is 'playing with fire' over Ukraine

1h | TBS World
Families of those injured and martyred in the July coup protest in the capital

Families of those injured and martyred in the July coup protest in the capital

2h | TBS Today
Trump administration suspends student visas in the US indefinitely

Trump administration suspends student visas in the US indefinitely

3h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net