comanagers
Comanagers refers to two or more individuals who share formal managerial authority over a unit, project, resource, or organization. In a comanagement arrangement, leadership is distributed, with each manager responsible for portions of duties or for overseeing specific functions, and joint accountability for overall performance.
Common contexts for comanagement include cooperative enterprises, small businesses with co-founders or partner-managers, nonprofit organizations with
Governance and processes typically accompany comanagement to reduce ambiguity. A governance charter or memorandum of understanding
Benefits and challenges characterize many comanagement arrangements. Benefits include complementary skills, redundancy, shared workload, and broader
Implementation considerations emphasize selecting individuals with complementary strengths and proven ability to collaborate. Legal and fiduciary