NationMaster - Encyclopedia: Chief strategy officer

A chief strategy officer (CSO) is an executive who is responsible for assisting the chief executive officer with creating, communicating, executing, and sustaining strategic initiatives within a corporation. Chief Executive redirects here. ... For other uses, see Corporation (disambiguation). ...

A typical CSO is not a pure strategist that creates long-term planning that is isolated from the corporation's current initiatives. Many CSOs are considered "doers" first and have the past experience to help advise and execute. Chief Strategy Officers are normally executives who have worn many hats before at a corporation before taking on the responsibilities and tasks that come with the job title.

Chief Strategy Officers are responsible for three critical jobs that are considered to be the most important aspects of successful strategy execution:

Today many CEOs have less time to devote to executing strategy. As a result, CEOs appointing CSOs for their organizations. The CSO position is becoming popular amongst many large multinational Fortune 500 companies, including Accenture, Cisco Systems, Nortel Networks, Hyperion Solutions Corporation and Cognos, each of whom have assigned CSOss to their top management teams. multinational corporation (or transnational corporation) (MNC/TNC) is a corporation or enterprise that manages production establishments or delivers services in at least two countries. ... The Fortune 500 is a ranking of the top 500 United States corporations as measured by gross revenue. ... Accenture (NYSE: ACN, ISIN: BMG1150G1116) is a global management consulting, technology services, and outsourcing company. ... Cisco redirects here. ... Nortel Networks Corporation TSX: NT NYSE: NT, formerly known as Northern Telecom Limited and now known simply as Nortel, is a multinational telecommunications equipment manufacturer headquartered in Toronto, Canada. ... Hyperion Solutions Corporation is a business performance management software company, located in Santa Clara, California, USA. Many of its products are targeted at the Business Intelligence market. ... Cognos (TSX: CSN, NASDAQ: COGN) is an Ottawa, Ontario based company which makes business intelligence (BI) and performance management software. ...

A Chief Global Strategist (CGS), or chief strategist, is one of the highest-ranking corporate officers, administrators, corporate administrators, executives, or executive officers, in charge of the global strategy and global expansion of a corporation, company, organization or agency. Firms that pursue a Global Strategy are faced with great pressures from cost reductions but with weak pressure for local responsiveness. ... For other uses, see Corporation (disambiguation). ... Look up company in Wiktionary, the free dictionary. ... A non-profit organization (abbreviated NPO, or non-profit or not-for-profit) is an organization whose primary objective is to support an issue or matter of private interest or public concern for non-commercial purposes, without concern for monetary profit. ... An agency is a department of a local or national government responsible for the oversight and administration of a specific function, such as a customs agency or a space agency. ...

The position is a relatively new one in the private sector and a reflection of the influence of globalization as corporations and other organizations seek to expand their influence, whether as a matter of necessity to survive or the exploration of an opportunity. Economic globalization has had an impact on the worldwide integration of different cultures. ...

A prominent example is Howard Schultz of Starbucks who was Chairman and CEO but in 2000 left the position of CEO to become Chief Global Strategist. ^[1] Schultz returned to his previous role of chief executive officer on January 18, 2008. Howard Schultz (b. ... For other uses of Starbuck, see Starbuck. ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... Chief Executive Officer (CEO) is the job of having the ultimate executive responsibility or authority within an organization or corporation. ...

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Publicly and privately held for-profit corporations often confer corporate titles or business titles on company officials as a means of identifying their function in the organization. ... A chief administrative officer (or CAO) is a corporate officer responsible for management of the personnel of the corporation. ... The Chief Analytics Officer or CAO is a job title for a senior manager responsible for the analysis of data within an organization, such as a listed company or an educational institution. ... A [Chief Channel Officer] (CCO) or Channel Chief Executive is a job title for the head of all indirect revenue with Partner within an organization. ... The Chief Compliance Officer (CCO) of a company is the officer primarily responsible for overseeing and managing compliance issues within an organization. ... The Chief Communications Officer or CCO is a job title for the head of communications, public relations and/or public affairs within an organization. ... The Chief Data Officer or CDO is a job title for a member of the executive management team and is the manager of enterprise-wide data processing & data mining. ... Chief Executive redirects here. ... CFO redirects here. ... The Chief Information Officer or CIO is a job title for the head of the information technology group within an organization. ... A Chief Information Security Officer or CISO, is a job role that focuses on information security strategy within an organization. ... A Chief Knowledge Officer is an organizational leader, responsible for ensuring that the organization maximizes the value it achieves through knowledge. CKO is not just a relabelling of the title Chief Information Officer - the CKO role is much broader. ... A Chief Learning Officer (CLO) is the highest-ranking corporate officer concerning talent or learning management of a corporation or agency. ... A Chief Legal Officer (CLO) is the highest-ranking corporate officer concerning legal affairs of a corporation, or agency. ... The Chief Marketing Officer, or CMO, is a job title for an executive responsible for various marketing-related activities within an organization. ... The Chief Networking Officer (CNO) is a new corporate executive office in the business world; it refers to a person who manages the social capital of a company. ... A Chief Operating Officer (COO) is a corporate officer responsible for managing the day-to-day activities of the corporation. ... The Chief Risk Officer (CRO) or Chief Risk Management Officer (CRMO) of a corporation is the executive in charge of assessing and planning for potential risks in the various segments of a given business model, such as computer security, compliance, and lawsuits, to minimize the firms liability and related... Chief science officer is a position at the head of research and development and new technology developments at companies with a technology or research focus. ... A chief technical officer or chief technology officer (abbreviated as CTO) is an executive position whose holder is focused on scientific and technical issues within a company. ... A chief visionary officer (CVO) is a function within a company normally established beside the other executive functions like CEO or COO. He has to work as an intermediary between these classical functions and the necessity of looking up the line for the upcoming years. ... Chairman of the Board redirects here. ... Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way in which a corporation is directed, administered or controlled. ... A creative director is a position usually found within the advertising, media or entertainment industries, but may be useful in other creative organizations such as web development and software development firms as well. ... Executive compensation is how top executives of business corporations are paid. ... Executive director is a title given to a person who is the head of an executive branch of an organization or company. ... The court of chancery, which governed fiduciary relations prior to the Judicature Acts The fiduciary duty is a legal relationship between two or more parties, most commonly a fiduciary or trustee and a principal or beneficiary, that in English common law is arguably the most important concept within the portion... A General Counsel is the chief lawyer of a legal department, usually in a corporation or government department. ... A management team is directly responsible for managing the day-to-day operations (and profitability) of a company. ... Managing director is the term used for the chief executive of many limited companies in the United Kingdom, Commonwealth and some other English speaking countries. ... A non-executive director is a member of the board of directors of a company who does not form part of the executive management team. ...

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