Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between chief strategy officers and store 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 a store manager. Additionally, a chief strategy officer has an average salary of $163,192, which is higher than the $46,950 average annual salary of a store manager.
The top three skills for a chief strategy officer include business development, CSO and strategic vision. The most important skills for a store manager are store management, retail store, and customer service.
| Chief Strategy Officer | Store Manager | |
| Yearly salary | $163,192 | $46,950 |
| Hourly rate | $78.46 | $22.57 |
| Growth rate | 6% | 6% |
| Number of jobs | 93,147 | 446,127 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 48% |
| 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.
A store manager is responsible for monitoring the daily operations, making sure of its smooth and efficient performance with the best services provided to the customers. Store managers' duty also includes tracking the budget of the store to ensure that all expenses are meeting the sales goals. A store manager must also be able to plan and share strategies to boost sales performance and provide the needed support for the employees by communicating with them regularly, listening on suggestions, and taking necessary actions for complaints as required.
Chief strategy officers and store managers have different pay scales, as shown below.
| Chief Strategy Officer | Store Manager | |
| Average salary | $163,192 | $46,950 |
| Salary range | Between $103,000 And $257,000 | Between $30,000 And $73,000 |
| Highest paying City | Rochester, NY | Washington, DC |
| Highest paying state | Alaska | Delaware |
| Best paying company | Norton Rose Fulbright | Meta |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a chief strategy officer and a store manager in terms of educational background:
| Chief Strategy Officer | Store Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief strategy officers' and store managers' demographics:
| Chief Strategy Officer | Store Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 51.2% Female, 48.8% |
| 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, 15.1% Asian, 6.3% White, 67.6% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |