Chief of Staff at HoldCo vs Chief Strategy Officer vs Consultant
- Zaharo Tsekouras
- Feb 24, 2024
- 2 min read
Primary Role:
Chief of Staff at HoldCo: Strategic and operational advisor, focusing on portfolio management
Chief Strategy Officer: Leads organization's strategic planning and execution
Consultant: Provides expert advice and solutions in a specific domain
Reporting Relationship:
Chief of Staff at HoldCo: Reports to HoldCo executive, possibly CEO or board
Chief Strategy Officer: Reports to CEO or executive board
Consultant: Typically reports to a project manager or client lead
Scope of Responsibilities:
Chief of Staff at HoldCo: Overseeing operations and strategy across the portfolio of companies
Chief Strategy Officer: Broad, encompassing all aspects of strategic development
Consultant: Focuses on analyzing, advising, and strategizing for clients
Decision-Making Authority:
Chief of Staff at HoldCo: Considerable, influencing decisions across the portfolio
Chief Strategy Officer: High-level strategic decision-making
Consultant: High-level decision-making in their area of expertise
Strategic Planning:
Chief of Staff at HoldCo: Involved in strategic planning for the holding company and its entities
Chief Strategy Officer: Leads the overall strategic planning process
Consultant: Integral in developing strategies and solutions for clients
Team Management:
Chief of Staff at HoldCo: Coordinates across various management teams within the portfolio
Chief Strategy Officer: Manages a strategic planning team or department
Consultant: Often works independently or collaborates with client teams
Meeting Involvement:
Chief of Staff at HoldCo: Involved in high-level meetings, providing insights and alignment
Chief Strategy Officer: Often leads strategic planning meetings
Consultant: Participates in client meetings to provide insights and advice
Project Management:
Chief of Staff at HoldCo: Oversees projects that affect multiple companies within the portfolio
Chief Strategy Officer: Oversees strategic initiatives and projects
Consultant: May manage or oversee specific initiatives or projects for clients
Communication:
Chief of Staff at HoldCo: Facilitates communication across the portfolio and with external stakeholders
Chief Strategy Officer: Central to articulating and disseminating the strategic vision
Consultant: Communicates effectively with clients and stakeholders
Professional Development:
Chief of Staff at HoldCo: Develops expertise in portfolio management and strategic oversight
Chief Strategy Officer: Enhances skills in strategic thinking and leadership
Consultant: Continuously develops expertise and knowledge in their field
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