Will the multiple captains formula work for Kolkota Knight Riders

I watched with much amusement the press conference by John Buchchanan and Sourav Ganguly today - thanks to one particular news channel with a bengali lead anchor streaming the video almost every alternate minute! What was Buchchanan thinking when he came up with the strategy of having no fixed captain? I do agree that T20 cricket is very different from the other forms of the game but did that call for an experiment of this radical nature?
It's excellent to theoretically preach that every member of the team should be a leader, but over all these years I have never seen self navigating teams - team work and leadership are entirely different entities for me and strongly tied to the nature of an individual and you really cannot push a person to be a leader especially in sports. Team Sports like any other activity that warrants a very high degree of discipline (for example the army) works best when there are fixed roles and responsibilities for the team members - lack of clarity in the role of an individual is one of the leading reasons for dissatisfaction and failure of most teams. Another major reason why I believe the case for multiple captains will not work is because of the power and idea imbalance that it will bring to the team. The influence of a captain is well illustrated in cricket - MS Dhoni, Kevin Pieterson and Shane Warne for some - the teams under these individuals have succeeded because they brought a certain level of energy, trust and confidence in the players and developed a motivated and loyal squad under them. I wonder how and when Buchchanan would decide to change the captains - when the team suffers couple of losses under one guy would he pick another person from the team as the captain? This is going to be disasterous and demotivating for the entire team and the new captain will also be playing under immense pressure to win and save his face!
Howsoever good individuals might be, for the team to succeed the presence of an inspirational leader is extremely essential and John Buchchanan's strategy is doomed to fail.