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Writer's pictureZaharo Tsekouras

Chief Operating Officer (COO) vs Chief of Staff at HoldCo vs Communications Director

Primary Role:

Chief Operating Officer (COO): Manages day-to-day operations of the company

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

Communications Director: Oversees internal and external communication strategies

Reporting Relationship:

Chief Operating Officer (COO): Typically reports to CEO or President

Chief of Staff at HoldCo: Reports to HoldCo executive, possibly CEO or board

Communications Director: Reports to CEO or executive leadership

Scope of Responsibilities:

Chief Operating Officer (COO): Oversees all operational activities (finance, HR, etc.)

Chief of Staff at HoldCo: Overseeing operations and strategy across the portfolio of companies

Communications Director: Manages all aspects of communication, including media relations and corporate messaging

Decision-Making Authority:

Chief Operating Officer (COO): Significant authority over operations

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

Communications Director: Significant in communication-related decisions

Strategic Planning:

Chief Operating Officer (COO): Involved in the strategic planning process and responsible for implementing the strategy at an operational level

Chief of Staff at HoldCo: Involved in strategic planning for the holding company and its entities

Communications Director: Involved in planning and executing communication strategies

Team Management:

Chief Operating Officer (COO): Manages multiple teams or departments across the organization

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

Communications Director: Leads the communications team

Meeting Involvement:

Chief Operating Officer (COO): Often leads meetings related to operations and strategy implementation

Chief of Staff at HoldCo: Involved in high-level meetings, providing insights and alignment

Communications Director: Leads communication strategy meetings

Project Management:

Chief Operating Officer (COO): Oversees large-scale projects that affect multiple areas of the company

Chief of Staff at HoldCo: Oversees projects that affect multiple companies within the portfolio

Communications Director: Manages communication-related projects

Communication:

Chief Operating Officer (COO): Responsible for communicating decisions and strategies to the teams they manage and the broader organization

Chief of Staff at HoldCo: Facilitates communication across the portfolio and with external stakeholders

Communications Director: Oversees all communication activities and strategies

Professional Development:

Chief Operating Officer (COO): Focuses on the professional development of the teams they manage

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

Communications Director: Grows in communication strategy and leadership

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