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The differences between chief strategy officers and chief executive officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a chief strategy officer, becoming a chief executive officer takes usually requires More than 10 years. Additionally, a chief executive officer has an average salary of $192,260, which is higher than the $163,192 average annual salary of a chief strategy officer.
The top three skills for a chief strategy officer include business development, CSO and strategic vision. The most important skills for a chief executive officer are healthcare, patients, and patient care.
| Chief Strategy Officer | Chief Executive Officer | |
| Yearly salary | $163,192 | $192,260 |
| Hourly rate | $78.46 | $92.43 |
| Growth rate | 6% | 6% |
| Number of jobs | 93,147 | 149,185 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 59% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
A chief strategy officer or chief strategist is an executive leader in an organization responsible for assisting the chief executive officer with communicating, developing, and sustaining business corporate strategic initiatives and the company's overall goals. This is a senior executive role and a big responsibility for holding the top strategy part. They focus on implementing a company's strategy, both internally and externally. They ensure to communicate to all employees, business partners, suppliers, and contractors to know the importance of a company-wide strategic plan.
A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.
Chief strategy officers and chief executive officers have different pay scales, as shown below.
| Chief Strategy Officer | Chief Executive Officer | |
| Average salary | $163,192 | $192,260 |
| Salary range | Between $103,000 And $257,000 | Between $104,000 And $354,000 |
| Highest paying City | Rochester, NY | Urban Honolulu, HI |
| Highest paying state | Alaska | Hawaii |
| Best paying company | Norton Rose Fulbright | Alecto Healthcare Services LLC |
| Best paying industry | Finance | Start-up |
There are a few differences between a chief strategy officer and a chief executive officer in terms of educational background:
| Chief Strategy Officer | Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief strategy officers' and chief executive officers' demographics:
| Chief Strategy Officer | Chief Executive Officer | |
| Average age | 44 | 52 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 68.5% Female, 31.5% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |