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The differences between chief strategy officers and managers, strategy 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 manager, strategy takes usually requires 8-10 years. Additionally, a chief strategy officer has an average salary of $163,192, which is higher than the $109,831 average annual salary of a manager, strategy.
The top three skills for a chief strategy officer include business development, CSO and strategic vision. The most important skills for a manager, strategy are project management, portfolio, and client facing.
| Chief Strategy Officer | Manager, Strategy | |
| Yearly salary | $163,192 | $109,831 |
| Hourly rate | $78.46 | $52.80 |
| Growth rate | 6% | 10% |
| Number of jobs | 93,147 | 148,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 65% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
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 strategy manager is an individual who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry. They must provide assessments of market trends and identify business threats and opportunities. Strategy managers should also work with department heads to develop individual team goals and break them down into actionable steps for the employees to complete.
Chief strategy officers and managers, strategy have different pay scales, as shown below.
| Chief Strategy Officer | Manager, Strategy | |
| Average salary | $163,192 | $109,831 |
| Salary range | Between $103,000 And $257,000 | Between $78,000 And $152,000 |
| Highest paying City | Rochester, NY | San Francisco, CA |
| Highest paying state | Alaska | California |
| Best paying company | Norton Rose Fulbright | McKinsey & Company Inc |
| Best paying industry | Finance | Technology |
There are a few differences between a chief strategy officer and a manager, strategy in terms of educational background:
| Chief Strategy Officer | Manager, Strategy | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between chief strategy officers' and managers, strategy' demographics:
| Chief Strategy Officer | Manager, Strategy | |
| Average age | 44 | 39 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 64.7% Female, 35.3% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |