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The differences between chief strategy officers and owner/managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a chief strategy officer and an owner/manager. Additionally, a chief strategy officer has an average salary of $163,192, which is higher than the $75,822 average annual salary of an owner/manager.
The top three skills for a chief strategy officer include business development, CSO and strategic vision. The most important skills for an owner/manager are financial statements, inventory control, and customer service.
| Chief Strategy Officer | Owner/Manager | |
| Yearly salary | $163,192 | $75,822 |
| Hourly rate | $78.46 | $36.45 |
| Growth rate | 6% | 6% |
| Number of jobs | 93,147 | 303,790 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 53% |
| Average age | 44 | 44 |
| Years of experience | 6 | 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.
Owners/managers are responsible for establishing a business and managing the operations once the business is running. They plan and make sure that the company has adequate financing. They also handle the initial marketing to get customers. Owners/mangers handle human resources activities, such as hiring and training employees. Once the business has launched, they start delegating activities to other employees and may also start assigning leaders to different departments. However, they still oversee the whole operation. Owners/managers are the top decision-makers and ensure that business strategies align with the goals.
Chief strategy officers and owner/managers have different pay scales, as shown below.
| Chief Strategy Officer | Owner/Manager | |
| Average salary | $163,192 | $75,822 |
| Salary range | Between $103,000 And $257,000 | Between $44,000 And $129,000 |
| Highest paying City | Rochester, NY | - |
| Highest paying state | Alaska | - |
| Best paying company | Norton Rose Fulbright | - |
| Best paying industry | Finance | - |
There are a few differences between a chief strategy officer and an owner/manager in terms of educational background:
| Chief Strategy Officer | Owner/Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 53% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief strategy officers' and owner/managers' demographics:
| Chief Strategy Officer | Owner/Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 59.0% Female, 41.0% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |