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Toast's CMO is also its COO

· outdoors

The Double Life of Leaders: When Two Hats Are Not Enough

Kelly Esten’s unique situation as both Chief Marketing Officer (CMO) and Chief Operating Officer (COO) at Toast is a fascinating case study in adaptability and delegation. Her experience raises fundamental questions about leadership, power dynamics, and the modern organization.

The Changing Nature of Leadership

Leadership has evolved significantly over time. Gone are the days when a single title defined an executive’s identity. Today’s fast-paced business environment demands that leaders take on multiple responsibilities, manage complex webs of authority, and adapt to changing circumstances. Esten’s journey to dual roles is a testament to this evolving nature.

The Trade-Offs of Dual Roles

Juggling two C-suite roles requires deliberate choices about what work to give up. This involves surrendering control, delegating tasks, and trusting others to make decisions without direct supervision. The leader must constantly assess their own capacity for involvement and weigh the costs of over-involvement against the benefits of delegation.

Esten’s approach to delegation is instructive. She shares her thoughts, priorities, and insights through regular updates, empowering her team to make decisions without waiting for her input. This requires a level of trust that can be difficult to establish but is essential for leaders who want to scale their organizations effectively. Giving people more authority only works if they have enough context to use it – a subtle yet crucial distinction.

As I reflect on Esten’s story, parallels emerge between leadership and outdoor pursuits like hiking or sailing. A seasoned navigator must know when to yield control to their crew or delegate tasks to trusted team members. Leaders must be willing to let go of some responsibilities in order to grow their organizations. This is a hard-won lesson that requires patience, self-awareness, and adaptability.

Esten hints at the potential for AI to further blur the lines between functions across the C-suite. I’m struck by the implications for leadership development: as machines take on more routine tasks and decision-making roles, human leaders will focus on higher-level strategic thinking, creative problem-solving, and emotional intelligence. This shift demands a new kind of leader – one who is agile, adaptable, and willing to surrender control in order to empower others.

As I close this piece, the question remains: what does it mean for leaders like Esten, who are already walking a tightrope between two C-suite roles? Will they be able to adapt to changing demands or will dual responsibilities prove too great to bear? Only time will tell, but one thing is certain – the future of leadership will be defined by its ability to navigate complexity, delegate effectively, and empower others.

Reader Views

  • MT
    Marko T. · expedition guide

    Kelly Esten's dual role as CMO and COO is less about defying conventions than it is about embracing the reality that most leaders already operate within. Effective delegation requires trust, but it also demands a clear understanding of one's own limitations and the organization's needs. What's often overlooked in these discussions is the importance of accountability – who holds Esten accountable for her dual responsibilities? Establishing checks and balances will be crucial to avoiding the pitfalls that can come with such a setup.

  • TT
    The Trail Desk · editorial

    While Esten's example showcases the benefits of dual roles in a modern organization, it's essential to acknowledge that such arrangements can also perpetuate power imbalances and undermine transparency. Without clear lines of authority, decision-making processes can become opaque, and accountability can suffer. As companies continue to adopt hybrid leadership models, they must prioritize establishing robust governance structures to ensure that power is distributed equitably among roles and stakeholders.

  • JH
    Jess H. · thru-hiker

    The dual CMO/COO role at Toast is a clever experiment in leadership flexibility, but let's not forget that delegation can be a double-edged sword. Esten's trust-based approach relies heavily on her team's ability to absorb context and make informed decisions without direct supervision – a delicate balance that may falter when faced with complex or high-stakes issues. Can you really scale an organization by empowering others if the underlying systems aren't designed for distributed decision-making? It's a question worth exploring in more depth, especially in industries where precision and accountability are paramount.

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