It works. Well. 
Great and wild idea:
You don't have to lead alone. Mayo uses the "dyad" approach--a physician paired with an administrator. Physicians, left to their own leadership devices, will run the programs in such a way that they provide great care, and the place goes out of business. The businessmen (administrators) will run it in a way that makes good money, and quality suffers.
Sharing power is hardly new. In republican Rome, the Senate elected two consuls, who led the government as co-equals. Yes, there are times that approach breaks down (study your Roman political history, and find the original meaning and utility of a "dictator.") But overall, it works more often than it fails.
Nota bene: The study of history is the study of what worked and what didn't. As such, it's really an operator's manual for the present. Just sayin'.
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