Executive Assistant vs Chief Operating Officer (COO) vs Chief of Staff at HoldCo
- Zaharo Tsekouras
- Feb 24, 2024
- 2 min read
Primary Role:
Executive Assistant: Administrative and organizational support for executives
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
Reporting Relationship:
Executive Assistant: Reports directly to the executive they support
Chief Operating Officer (COO): Typically reports to CEO or President
Chief of Staff at HoldCo: Reports to HoldCo executive, possibly CEO or board
Scope of Responsibilities:
Executive Assistant: Focused on day-to-day tasks and administrative duties
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
Decision-Making Authority:
Executive Assistant: Limited to administrative decisions
Chief Operating Officer (COO): Significant authority over operations
Chief of Staff at HoldCo: Considerable, influencing decisions across the portfolio
Strategic Planning:
Executive Assistant: Limited involvement, support capacity
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
Team Management:
Executive Assistant: Manages administrative staff
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
Meeting Involvement:
Executive Assistant: Scheduling, preparing materials, taking minutes
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
Project Management:
Executive Assistant: Manages small projects within their role
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
Communication:
Executive Assistant: Facilitates internal 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
Professional Development:
Executive Assistant: Focused on improving administrative and organizational skills
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
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