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Chief of Staff at HoldCo vs Vice President vs Consultant

Writer's picture: Zaharo TsekourasZaharo Tsekouras

Primary Role:

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

Vice President: Senior executive role, overseeing a specific division or function

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

Vice President: Reports to CEO or higher executive level

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

Vice President: Wide-ranging, depending on the specific area of responsibility

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

Decision-Making Authority:

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

Vice President: High level, strategic decisions within their area

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

Vice President: Integral to strategic planning in their area of responsibility

Consultant: Integral in developing strategies and solutions for clients

Team Management:

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

Vice President: Manages a large 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

Vice President: Leads meetings within their area of responsibility

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

Vice President: May oversee strategic projects within their area

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

Vice President: Responsible for high-level communication within their area

Consultant: Communicates effectively with clients and stakeholders

Professional Development:

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

Vice President: Focuses on leadership and management skills in their domain

Consultant: Continuously develops expertise and knowledge in their field

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