Understanding the Role of the Chief Strategy Officer

©BCG

BCG interviewed 48 chief strategy officers (CSOs) of companies from around the world to address four questions.

What are the Typical CSO Responsibilities?

CSO responsibilities fall into three categories—strategy development, resource allocation, and strategy execution—but activities within the categories vary widely.

Why are Some CSOs More Effective Than Others?

Three factors determine a CSO‘s success: having a clearly defined role; getting the basics right on planning, growth, and innovation; and building credibility and trust.

How Should CSOs Work With Line Executives?

There is no single “right” model, but our analysis revealed four CSO archetypes: portfolio manager, strategy orchestrator, internal consultant, and CEO delegate.

What Role Should the Strategy Department Play in Developing Future Leaders Within the Business?

The strategy department is seen as both the entry point for external talent and an environment for accelerating the careers of the most talented young managers.

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BCG Understanding the Role of the Chief Strategy Officer Dec 2013.pdf

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