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Writer's pictureZaharo Tsekouras

Chief of Staff at HoldCo vs Senior Advisor vs Consultant

Primary Role:

Chief of Staff at HoldCo: Strategic and operational advisor, focusing on portfolio management

Senior Advisor: Provides high-level advice and expertise in specific areas

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

Senior Advisor: Reports to senior leadership, often the CEO or board members

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

Senior Advisor: Focused on providing expertise and guidance on specific strategic matters

Consultant: Focuses on analyzing, advising, and strategizing for clients

Decision-Making Authority:

Chief of Staff at HoldCo: Considerable, influencing decisions across the portfolio

Senior Advisor: Influential in shaping decisions based on expertise and insights

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

Senior Advisor: Advises on long-term strategy and planning

Consultant: Integral in developing strategies and solutions for clients

Team Management:

Chief of Staff at HoldCo: Coordinates across various management teams within the portfolio

Senior Advisor: Works independently or with a small advisory team

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

Senior Advisor: Attends strategic meetings to provide advice and insights

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

Senior Advisor: May lead or advise on specific strategic 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

Senior Advisor: Provides expert communication on specialized topics

Consultant: Communicates effectively with clients and stakeholders

Professional Development:

Chief of Staff at HoldCo: Develops expertise in portfolio management and strategic oversight

Senior Advisor: Deepens expertise in specific fields and strategic advising

Consultant: Continuously develops expertise and knowledge in their field

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