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What is a Chief Strategy Officer

A chief strategy officer (CSO) works with an organization's executive management team to identify needs and oversee the implementation and monitoring of plans. They ensure that the organization's executive management team is aligned on strategic goals to create and implement an organization's short-term and long-range plans. They also work closely with the board of directors to develop, communicate, and sustain its strategic initiative. Chief strategy officers earn an average salary of $176,000 annually or $85 per hour.

Chief strategy officers work with the chief executive officer in various organizations, including healthcare agencies and professional services firms. Although their job descriptions can vary depending on the organization they work in, they still perform some general duties, including identifying needs, developing action plans, and overseeing the implementation and monitoring of plans.

Chief strategy officers mostly hold a master's degree in marketing, business development, or other relevant fields. They are expected to have some years of strategic experience in a similar environment, management consulting, or investment banking. Some employers prefer candidates with excellent people skills and outstanding communication skills.

There is more than meets the eye when it comes to being a Chief Strategy Officer. For example, did you know that they make an average of $79.17 an hour? That's $164,670 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Chief Strategy Officer Do

There are certain skills that many Chief Strategy Officers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Management skills, Leadership skills and Problem-solving skills.

Learn more about what a Chief Strategy Officer does

How To Become a Chief Strategy Officer

If you're interested in becoming a Chief Strategy Officer, one of the first things to consider is how much education you need. We've determined that 62.0% of Chief Strategy Officers have a bachelor's degree. In terms of higher education levels, we found that 26.1% of Chief Strategy Officers have master's degrees. Even though most Chief Strategy Officers have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Chief Strategy Officer. When we researched the most common majors for a Chief Strategy Officer, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Chief Strategy Officer resumes include Doctoral Degree degrees or Associate Degree degrees.

You may find that experience in other jobs will help you become a Chief Strategy Officer. In fact, many Chief Strategy Officer jobs require experience in a role such as Vice President. Meanwhile, many Chief Strategy Officers also have previous career experience in roles such as Senior Vice President or Chief Operating Officer.

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Average Salary
$164,670
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
102,781
Job Openings
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Average Salary for a Chief Strategy Officer

Chief Strategy Officers in America make an average salary of $164,670 per year or $79 per hour. The top 10 percent makes over $269,000 per year, while the bottom 10 percent under $100,000 per year.
Average Salary
$164,670
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How much should you be earning as an Chief Strategy Officer? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
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Choose From 10+ Customizable Chief Strategy Officer Resume templates

Zippia allows you to choose from different easy-to-use Chief Strategy Officer templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Chief Strategy Officer resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Chief Strategy Officer Demographics

Chief Strategy Officer Gender Distribution

Male
Male
79%
Female
Female
21%

After extensive research and analysis, Zippia's data science team found that:

  • Among Chief Strategy Officers, 21.4% of them are women, while 78.6% are men.

  • The most common race/ethnicity among Chief Strategy Officers is White, which makes up 71.6% of all Chief Strategy Officers.

  • The most common foreign language among Chief Strategy Officers is Spanish at 29.0%.

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Chief Strategy Officer Education

Chief Strategy Officer Majors

26.8 %

Chief Strategy Officer Degrees

Bachelors

62.0 %

Masters

26.1 %

Doctorate

4.8 %

Top Colleges for Chief Strategy Officers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

5. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

6. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

9. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

10. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030
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Hi and welcome to this course! Would you like to learn about the latest valuation methods that may help you to make better business decisions? Then 'Advanced Valuation and Strategy - M & A, Private Equity, and Venture Capital' by Erasmus University Rotterdam is the right course for you! This course is helpful for executives that need to value complete strategies and for all students interested in corporate finance and strategy. We present the latest tools and show you how to apply them! We will...

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Top Skills For a Chief Strategy Officer

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 15.9% of Chief Strategy Officers listed Strategic Initiatives on their resume, but soft skills such as Management skills and Leadership skills are important as well.

Best States For a Chief Strategy Officer

Some places are better than others when it comes to starting a career as a Chief Strategy Officer. The best states for people in this position are New York, Washington, California, and Oregon. Chief Strategy Officers make the most in New York with an average salary of $197,715. Whereas in Washington and California, they would average $183,654 and $183,595, respectively. While Chief Strategy Officers would only make an average of $183,415 in Oregon, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. New York

Total Chief Strategy Officer Jobs:
1,828
Highest 10% Earn:
$270,000
Location Quotient:
1.34
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Nevada

Total Chief Strategy Officer Jobs:
316
Highest 10% Earn:
$261,000
Location Quotient:
1.42
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Washington

Total Chief Strategy Officer Jobs:
840
Highest 10% Earn:
$250,000
Location Quotient:
1.08
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Chief Strategy Officers

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Top Chief Strategy Officer Employers

Most Common Employers For Chief Strategy Officer

RankCompanyZippia ScoreAverage Chief Strategy Officer SalaryAverage Salary
1$177,834
2
2.Diamond Bank
$175,068
3$169,537
4$165,027
5
5.LendingPoint
$163,531
6
6.Mediaspectrum
$163,068