A couple of things: The knee-jerk reaction is to think CBC and bi-directional accountability must be some movement or uprising led by subordinates in an attempt to check/curtail the control of their superiors, or to at least balance the scales a bit.

In reality, I see CBC being deployed by leadership (i.e., by leaders, top-down) as a way of holding subordinates accountable more objectively. As a means of enabling meritocracy. As a signaling device to show credibility and fairness. As a management system that reduces politics and favoritism by forcing clarity. And as a cultural foundation that says: what matters here is outcomes, not optics (or theater).

It just so happens to apply equally to leadership also, because every leader is also a subordinate to someone, whether it’s a board, investors, customers, or the market itself. Most leaders aren't a god-emperor.