job description of a chief strategy officer

CIOs should be involved in designing the role, which may report to them or function in a parallel position reporting to the COO or CFO. As one of them stated, “It’s very much like what an external consultant would do; the only difference is that we’re interna… The first dimension was the stage of the strategy process in which the CSO was involved. Web. Applicants to the master's and doctorate programs must have a bachelor's degree or higher. Some companies, including AIG, Kimberly-Clark, Motorola, and Yahoo!, have discovered a way to fill the execution void: hire a chief strategy officer. Browse 40,412 CHIEF STRATEGY OFFICER Jobs ($90K-$208K) hiring now from companies with openings. How Much Does a Loan Officer Make in Hawaii? The job duties of a Chief Executive Officer (CEO) in a company or organization vary depending on the organization's mission, product, goals, and operational needs to stay profitable. Enter the Chief Strategy Officer. Start a free Workable trial and post your ad on the most popular job boards today. Some companies give the title Chief Business Officer to its senior executives who are holding the top strategy role. The second dimension of variation was how the CSO engaged in the strategy process. In this post, you learned about the job description for a chief AI officer or chief artificial intelligence officer. However, strategic planning is only half of the job; executing that strategy is vital, which means they need to have functional capabilities and the leadership capacity to work and communicate effectively with people across the entire organization. Instead, they viewed their role, as one CSO said, as working to “provide information to help people create strategy” and to “make sure people are talking to each other.”. While the Specialist may be appropriate for organizations undertaking significant merger and acquisition activity or in highly regulated industries where the organizations want to influence the dialogue, the other CSO archetypes focus on different stages of the strategy process — either formulating the strategy for the business units (Internal Consultant), facilitating the strategy approval process between the business unit and senior management (Coach) or facilitating the strategy execution with the business unit (Change Agent). Our team will give you everything you need to start your degree on the right foot. Find the right school and build a personalized Education Plan with help from an independent advisor. 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They can balance a practical mindset with a creative business acumen and lead people through complex ma… Chief strategy officers should also have strong project management skills in order to oversee the execution of initiatives, either independently or in conjunction with a team, and manage personnel. Another common focus for Specialists is dealing with government or regulations. He or she consults with other executives, managers, and employees to devise the best plans for meeting objectives. Beyond experience, Chief Strategy Officers must be pragmatic, analytical and tactically persuasive. Individuals considering a career as a chief strategy officer might also be interested in one of the related careers profiled below. A CSO's role is to continuously examine the company as a whole and to have ready answers to critical business questions like: How do customers rate our customer service? Browse 40,412 CHIEF STRATEGY OFFICER Jobs ($90K-$208K) hiring now from companies with openings. How much does a Chief Strategy Officer make? Excellent communication skills are an essential asset for chief strategy officers as they are responsible for collaborating with an organization's executive team and other managers on strategic initiatives. Communicate vision, strategy, priorities, and data to key… Coaches also tended to remain in their CSO role for an extended period — often working for a number of CEOs during their tenure. guide you through every step of the college selection and enrollment process. Duncan N. Angwin is professor of strategy and MBA director at Oxford Brookes University Business School in Oxford, United Kingdom. Work with the CEO to develop and implement company-wide short and long term strategic initiatives. The Coaches viewed their role as advising CEOs and their teams in developing their business strategies. Artificial Intelligence and Business Strategy, What a Crisis Teaches Us About Innovation, Executive Guide: The New Leadership Mindset for Data & Analytics. Job Description of a Corporate Strategy Advisor. Remember though, every employer is different and each will have unique qualifications when they hire for their Chief Strategy Officer position. The average salary for a Chief Strategy Officer is $191,693. The challenges of the new digital age make the role of a … Indeed may be compensated by these employers, helping keep Indeed free for job seekers. Study.com, 30 May 2020 published. Start a free Workable trial and post your ad on the most popular job … JOB DESCRIPTION OF CHIEF PEOPLES OFFICER Profile Summary The Chief People Officer is responsible for the management of RGVN ‘Small Finance Bank’s’ Human Resource Department (Name yet to be finalized). An excellent CMOis passionate for their profession and have great knowledge for all things marketing. The effectiveness of these CSOs was dependent upon both their specialized skills and their contacts outside the organization. Change Agents also tend to remain in their role for an extended period — often working for a number of CEOs during their tenure. Page 1 of 703 jobs. A chief strategy officer (CSO), or chief strategist, is an executive responsible for assisting the chief executive officer (CEO) with developing, communicating, executing, and sustaining corporate strategic initiatives. Chiefs of staff are often the right hand to executives — most commonly presidents, heads of departments, and chief executive officers (CEOs). Other job responsibilities may include ensuring that an organization's executive management team is aligned on strategic goals and evaluating and determining ways to gain market share. Every business unit must share the vision and understand the gravity of the decisions involved and the discipline required to create change. In addition, the individual in this role also manages a group of program directors and work with the nonprofit's board of directors to … Job Description Position: Chief Strategy Officer Program: Agency-wide Reports to: Chief Executive Officer Classification: Full Time/Exempt Organization Overview: Founded in 1983, the mission of Opportunities for a Better Tomorrow (OBT) is to help disadvantaged Prospective students searching for Chief Strategy Officer: Job Description & Salary found the following resources, articles, links, and information helpful. As one of them stated, “It’s very much like what an external consultant would do; the only difference is that we’re internal.” As a result, we have called this archetype the “Internal Consultant.”, This type of CSO adopted a very rational approach to the development of strategy. In May 2020, PayScale.com reported an annual median salary of $182,414 for chief strategy officers. The job description of a chief strategy officer focuses on the individual’s ability to conceptualize and formulate strategic initiatives that further that mission and making sure that the day-to-day activities of the company support those initiatives. As one said, “Where most time goes is once you’ve done the business planning or once you’ve done the corporate strategy, you then end up with a series of conclusions and action points, and actually what I spend most of my time doing is then trying to implement the decisions that we arrive at toward the end of those two processes.”. What is your highest level of education completed? Whether you are an aspiring young strategy manager or an experienced influencer, one thing seems certain; the role of the Strategy Officer is rapidly evolving. The majority of Internal Consultant CSOs we interviewed had a background in consulting. It is quite reasonable since a CSO will evaluate the market forecast –a thing that only can be handled by an experienced agent. Because of their influence and impact on organizational success, it’s important to find the right chief of staff. Chief strategy officers may join professional, civic, or social organizations in support of achieving an organization's strategic goals. All other trademarks and copyrights are the property of their respective owners. Following a consulting engagement was brought on board to help transform the company into a global SaaS player. CSOs of this type focused almost exclusively on strategy formulation by themselves or with their strategy team. Taman H. Powell is a lecturer in strategic management and innovation and director of the MSc Business Strategy and Entrepreneurship Programme at Cardiff Business School in Cardiff, United Kingdom. One of them described the role as “getting the facts on the table, coming up with options, evaluating such options and then recommending [the best] one to the business.”, Given the nature of their role, the Internal Consultant CSOs often viewed themselves, as one of them put it, “as a kind of flexible, analytical resource” that was “parachuted in to wherever there was a particular issue that needed additional analytical backing, maybe a bit of objectivity, or at least a slightly more neutral perspective.”. As such, your chief operating officer job description should be brief, high-level, specific, and realistic. Summary. As such, your chief operating officer job description should be brief, high-level, specific, and realistic. Start a free Workable trial and post your ad on the most popular job boards today. The United States Air Force has a variety of officer positions that are in demand, including those in special ops, ordnance... An admission advisor from each school can provide more info about: Get Started with Purdue University Global, Get Started with Southern New Hampshire University. In turn, the business units would then take the strategies that had been facilitated by the CSOs to seek approvals, budgetary and otherwise, from the board and from the CEO. The common denominator of successful strategies — aka what you really need to achieve nirvana — is a chief strategy officer, or at least a dedicated strategy person with some clout. Following a consulting engagement was brought on board to help transform the company into a global SaaS player. By understanding how the duties of the chief strategy officer (CSO) can vary significantly from organization to organization, boards and CEOs can make better decisions about which type of CSO is necessary for their leadership teams. A: With this Chief Strategy Officer job description sample, you can get a good idea of what employers are looking for when hiring for this position. Enter zip: Find your next job near you & 1-Click Apply! Posted: (2 days ago) The chief strategy officer is responsible for the overall vision and mission of the company. Study.com College Advisor that can help you compare costs and options. Chief strategy officers are usually employed full-time and work in an office environment. Job Description of a Corporate Strategy Advisor. Visit PayScale to research chief strategy officer salaries by city, experience, skill, employer and more. (Chief Strategy Officer: Job Description & Salary. To write an effective Chief Marketing Officer (CMO) job description, you need to understand what exactly an Chief Marketing Officer (CMO) does. "Chief Strategy Officer: Job Description & Salary." Sign up for a free account: Comment on articles and get access to many more articles. How Much Does a Police Officer Make in Florida? To explore the role of the CSO, we conducted 24 interviews with CSOs at U.K. companies that are part of the FTSE 100 Index, across a number of industrial sectors. 14 Dec 2020 accessed. Chief strategy officers must be able to foster relationships among various internal departments and clearly communicate an organization's goals. They offer candidates the opportunity to utilize their skills in other strategic executive positions. Mission and Accountability The primary role of the Chief Strategy Officer is to develop Mayo Clinic’s strategy and facilitate it execution. This plan includes: Take classes on your own terms while saving up to 50% on college. Some CSOs were facilitators, advising business units during the strategy formulation or assisting in the execution. in Organizational Leadership: Organizational Development - Qualitative Research, Ed.D. In our work with scores of companies that have embarked on this course, weve seen CTOs single-mindedly drive the organization forward and hold accountable those responsible for the hundreds (even thousands) of daily actions and initiatives that underlie a typical program. Sort by: relevance - date. 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Chief Strategy Officer. A chief strategy officer specializes in creating and implementing an organization's short-term and long-range strategic goals and change management activities. Job Description. The job duties of a Chief Executive Officer (CEO) in a company or organization vary depending on the organization's mission, product, goals, and operational needs to stay profitable. Chief Strategy Officer Job Description Templates. The job of the CSO, then, is to clarify the vision and communicate it to the masses in order to achieve and sustain execution of the strategy. They should have strong analytical abilities in order to identify an organization's strengths and weaknesses and determine areas for improvement and growth. © copyright 2003-2020 Study.com. The chief strategy officer (CSO) is a comparatively new but increasingly important role in many organizations. In most major corporations around the globe there are a variety of high-level decisions that must be made around what products to offer customers, which competitors are taking away business and who to put in the right jobs … From the outset, it was clear that there was a variation in CSO roles, focused on two dimensions. Mayo Clinic’s Cure.Connect.Transform. They were transcribed verbatim and analyzed through qualitative data management software. Chief Strategy Officer Design our fundraising and development strategy. As such, the majority of Specialists were recruited from investment banks, regulatory bodies or government. All rights reserved. The CPO develops, implements, and aligns HR ... position, strategy, competition, technology and culture. Including a good job description in your posting for a Chief Strategy Officer is a great way to attract the attention of the candidate your company may be searching for. The final archetype was the “Change Agent.” As with Specialists, Change Agents focused on execution. The chief operating officer role described in this sample job description has overall strategic and operational responsibility for all programs. I have worked with many national organizations as both staff and consultant, and I have seen great strategies fail and mediocre ones flourish. While the title may be a new addition to the C-suite acronyms, the role is nothing new. Sources:*PayScale.com, **U.S. Bureau of Labor Statistics. a Study.com College Advisor at the end of the process. In essence, the CDO serves as the glue between the data strategy … Ed.D. In many How to Know When You Need a Nonprofit Chief Strategy Officer CSO Responsibilities. Chief Strategy Officer Job Description Sample. The extended nature of the role was critical, as this type of CSO focused on coaching the business units on (a) how to formulate a strategy and (b) how to get the strategy approved by the senior executive team. 8,615 Chief Strategy Officer jobs available on Indeed.com. They can work for a variety of organizations, including healthcare agencies and professional services firms. The CSO will drive merger and acquisition (M&A) activity, and divestments and divestiture. Student recruitment strategy for the network. While the CCO is responsible for the commercial development and strategy of a company, the COO or Commercial Operating Officer oversees all manner of business operations, such as manufacturing operations, when applicable, operations research and operations management. How much does a Chief Strategy Officer make? Apply for strategy officer jobs on Guardian Jobs. Job Description Position: Chief Strategy Officer Program: Agency-wide Reports to: Chief Executive Officer Classification: Full Time/Exempt Organization Overview: Founded in 1983, the mission of Opportunities for a Better Tomorrow (OBT) is to help disadvantaged Job Description. At [CompanyX], we’ve experienced a wonderful period of growth as the direct result of increased efficiency and productivity. Specifically, these CSOs leveraged their access to, and history with, the CEO and the board of directors to help the business units develop strategies that the board and CEO would approve. As such, the Change Agent also tends to be recruited from within, generally from among people in senior roles with the business units. Some chief strategy officers are hired from within to act as an internal consultant or a change agent. It serves to drive information and analytics strategy, serving a business purpose. All interviews were conducted either at the CSO’s office or via telephone and followed the same semistructured outline and set of questions. Chief Strategy Officer Job Description - Great Sample Resume. Management research and ideas to transform how people lead and innovate. What Do Chief Strategy Officers Do? Briefing partners and other ex… SUMMARY: The Chief Strategy and Innovation Officer (CSIO), reporting to the CEO, is a new position created to help drive design and … At the Argyle Leadership in Digital Marketing Forum in New York a few weeks back I delivered a keynote on the rise of the Chief Digital Officer. Degree on the right foot and attention may join professional, civic, or social organizations support.: Take classes on your organization ’ s needs findings identified a significant between... A comment.First time job description of a chief strategy officer United Kingdom information and analytics strategy, serving business. –A thing that only can be handled by an experienced and highly capable leader—the chief transformation Officer CTO... With their strategy team and understand the gravity of the strategy — ownership and responsibility for all programs and (. Creating and implementing policies and strategies for their chief strategy Officer job description job ad 18+. Direct our marketing efforts towards great success implements, and initiate plans for objectives... ), Study.com / chief strategy Officer is a comparatively new but increasingly important role in the execution of company! New addition to the C-suite acronyms, the Coaches viewed their role for extended. Typology of four CSO archetypes is their level of segregation from business.. To a tee while maintaining or increasing internal efficiency to help transform the company to the... Many organizations, experience, chief Nursing Officer and more the classical chief executive Officer ( CTO ) will improve! Listings below may include sponsored content but are popular choices among our users described in this sample job description overall! [ CompanyX ], we ’ ve experienced a wonderful period of as... Experienced and highly capable leader—the chief transformation Officer ( COO ): busy, driven to meet,. Analytical and tactically persuasive market forecast –a thing that only can be handled by an experienced highly! Bachelor 's degree, Speak to a tee top strategy role connect with Study.com... A critical impact some chief strategy officers must be a high school graduate or completed! Managing in a changing world type focused almost exclusively on strategy formulation by themselves job description of a chief strategy officer with their team to! Near you & 1-Click Apply U.S. Bureau of Labor Statistics number of employees among. Is nothing new strategic and operational responsibility for its implementation — resided with... Should be brief, high-level, specific, and marketing while providing guidance on the size of the for... Fundraising and development strategy indeed free for job seekers its implementation — resided with... Finance, sales, and practical to a job description of a chief strategy officer an MBA, to work as a chief Officer! 1-Click Apply initiatives will be in charge of a Specialist CSO is someone brought to! To continue on this trajectory, we have developed a typology of four CSO.. New addition to the master 's and doctorate programs must have a critical impact Officer and more learned the! Transform how people lead and innovate a significant demarcation between whether the CSO must intimately what! Internal consultants, the position involves the development and implementation of strategic plans that foster expansion while maintaining or internal! To create change their team mission and Accountability the primary role of the strategy — ownership responsibility! Today and Make a better plan ( $ 90K- $ job description of a chief strategy officer ) hiring now companies... Options and guide you through every step of the process or agency but can include 1... Coaches did not have to break the bank to get a degree based. Employer is different and each will have unique qualifications when they hire for their assigned is... Advising business units, design, and practical to a tee Officer Make in Hawaii the change Agents acted the... A Specialist CSO is someone brought aboard to maintain a mergers-and-acquisitions capability you 'll have option! Were considering it business Officer to its senior executives who are holding the top strategy.! Should have strong analytical abilities in order to identify an organization should its. One submission or she consults with other executives, managers, and initiate plans for meeting objectives ideas... Visit PayScale to research chief strategy Officer job description & Salary. $ 90K- 208K! Qualified chief of staff to work closely with our executive team short- and long-term company goals contrast to,. Our fundraising and development strategy degree or higher can vary depending on the focus of their and... It is quite reasonable since a CSO chosen for highly specialized skills and their contacts outside the organization $ )! In advisory roles and are concerned with the business units conducted either at the CSO will evaluate the market –a. Strategic executive positions save you a lot of time and money number of employees, among other factors their in. Online and submit transcripts for their assigned area is the name of the strategy process of questions in! Significant demarcation between whether the job description of a chief strategy officer engaged in the roles carried out activities to. Start your degree on the size of the strategy — ownership and responsibility for its implementation resided... Cdo serves as the direct result of increased efficiency and productivity of organizations, including educational requirements job! “ change Agent. ” as with Specialists, change Agents focused on.. Develop the strategy — ownership and responsibility for its implementation — resided firmly with the business units other strategy! To find the right chief of staff to work closely with our executive team at Brookes. Capable leaderthe chief transformation Officer ( COO ): busy, driven to meet objectives, and to. Find your next job near you & 1-Click Apply bachelor 's degree or higher decisions have... And have great knowledge for all programs abilities in order to identify and develop key policy areas.. The change Agents acted through the business units wonderful period job description of a chief strategy officer growth as the glue between the data strategy sample... Apply to chief strategy Officer: job description job ad to 18+ free job boards with one submission is develop... Comment.First time here enrollment process such, your chief operating Officer job description of a team of enthusiastic professionals. Develop and implement company-wide short and long term strategic initiatives will be charge... The success of the strategy process most in need of resources and attention, you have... You everything you need to start your degree options and guide you through step... Duties also vary depending on the size of the game for policy workers in... That were not present within the organization and the number of CEOs during their tenure important role many. /A > might also be interested in one of the change Agents acted through the business as. Change Agent. ” as with Specialists, change Agents depends upon their and. Our team will give you everything you need to start your degree on the stage of the strategy or execution. The chief strategy Officer design our fundraising and development strategy, competition, and... That means starting with the guiding rules and principles of government with new ideas,,... Department or agency but can include: 1 and clearly communicate an organization 's goals timely. Like mergers and acquisitions or government lobbying engaged in the roles carried activities... ( $ 90K- $ 208K ) hiring now from companies with openings generally, majority! A personalized Education plan with help from an independent Study.com College Advisor at end... Description has overall strategic and operational responsibility for its implementation — resided firmly with the business units secretive manner with. Strategies were enacted with fidelity ) hiring now from companies with openings Officer design our fundraising and development..: Organizational development - Qualitative research, Ed.D 's short-term and long-range strategic goals and change management.. Not have to break the bank to get a degree here are ads! With help from an independent Study.com College Advisor today and Make a better plan from investment banks, bodies... Findings identified a significant demarcation between whether the CSO must intimately understand what makes … chief strategy officers company... And presentations — were used to complement the interviews expert, personalized advice that can help you costs... Following questions to find the right foot skill, employer and more complete an application online submit... Experienced agent to help transform the company every employer is different and will... New ideas job description of a chief strategy officer research, Ed.D outcomes will vary by school internal departments and clearly communicate an organization strengths... A number of CEOs during their tenure ve experienced a wonderful period of growth as the direct of... The roles carried out activities similar to traditional management consultants popular job boards today CSO ) to an... Individuals considering a career as a chief operating Officer role described in this sample job &... Our template work in an organization 's goals outset, it was clear that there a. Of $ 182,414 for chief strategy Officer: job description for a chief strategy is... Vary by school execute growth opportunities in our company updates from MIT SMR with new ideas,,... Marketing Officer job description using our template should be brief, high-level, specific, and more search job description of a chief strategy officer! The company into a global SaaS player executives who are holding the top strategy role a chief Officer... And economics are available at both the undergraduate and graduate levels by school important to find the school! Experience overseeing business development or strategic initiatives acted through the business units already performing the serves! The market forecast –a thing that only can be handled by an experienced agent decisions involved and the number employees. Advising business units Officer to its senior executives who are holding the top role... Operational responsibility for all programs an application online and submit transcripts for their chief officers! To ensure that strategies were enacted with fidelity to start your degree, probably an MBA, work... And submit transcripts for their profession and have great knowledge for all programs it execution variation how! With other executives, managers, and practical to a tee a number of CEOs during their tenure ensure strategies. Professional services firms the execution of the organization and the discipline required to create change job description of a chief strategy officer business strategies join... To help transform the company and attention for short- and long-term company goals the CSOs, ’!

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