Boardrooms are no longer rewarded for being right, Lumen CEO says, and it means executive partnerships are more important than ever
Source: Fortune ·
“We had to come in with a strong opinion. We had to have all the facts we had to master, and that is just not possible in today's market,” Kate Johnson said.
From the source
Amid geopolitical uncertainty and the AI boom, executive leadership has had to become a much less insular affair. Lumen Technologies CEO Kate Johnson, speaking at the Fortune Most Powerful Women Summit in Santa Barbara, Calif. on Tuesday, said that as companies have had to become more nimble in their decision-making, it’s no longer realistic for them to rely only on their respective leaderships to make tough calls and should instead rely on partnerships between, not just within, C-suites. “This notion of the boardroom and the conference room that I grew up in—we were rewarded for being right. We had to know our stuff. We had to be the best. We had to come in with a strong opinion. We had to have all the facts we had to master, and that is just not possible in today’s market,” Johnson told Fortune’s Diane Brady. Johnson explained that instead, you have to “build a machine” for decision-making, which includes coming up with a hypothesis, but then looking at signals, as well as experts…