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The differences between chief strategy officers and vice presidents, 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 vice president, strategy takes usually requires 8-10 years. Additionally, a vice president, strategy has an average salary of $164,392, 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 vice president, strategy are analytics, project management, and healthcare.
| Chief Strategy Officer | Vice President, Strategy | |
| Yearly salary | $163,192 | $164,392 |
| Hourly rate | $78.46 | $79.03 |
| Growth rate | 6% | 10% |
| Number of jobs | 93,147 | 60,332 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 70% |
| 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 vice president of strategy is responsible for delegating and reviewing market target research and assessing the areas that a company should focus on for further development. The position requires strong management and leadership skills to supervise a team of customer research specialists. Other essential skills that a vice president of strategy should possess to accomplish his/her or her responsibilities include knowledge of computer analytic software and data visualization and excellent communication skills. A four-year college degree is the minimum education requirement for the position.
Chief strategy officers and vice presidents, strategy have different pay scales, as shown below.
| Chief Strategy Officer | Vice President, Strategy | |
| Average salary | $163,192 | $164,392 |
| Salary range | Between $103,000 And $257,000 | Between $114,000 And $236,000 |
| Highest paying City | Rochester, NY | San Francisco, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Norton Rose Fulbright | Brandywine Realty Trust |
| Best paying industry | Finance | Insurance |
There are a few differences between a chief strategy officer and a vice president, strategy in terms of educational background:
| Chief Strategy Officer | Vice President, Strategy | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between chief strategy officers' and vice presidents, strategy' demographics:
| Chief Strategy Officer | Vice President, Strategy | |
| Average age | 44 | 39 |
| Gender ratio | Male, 78.6% Female, 21.4% | Male, 73.6% Female, 26.4% |
| 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% |