" Chief Strategy Officers need to measure their impact to justify their position. "
The hidden value of the chief strategist
- Strategists from across Europe debate the changing role of CSOs at the Munich offices of Roland Berger.
New study on the importance of CSOs
Uncertain economic conditions, tight budgets and new technologies are changing the work of Chief Strategy Officers (CSOs). Today, chief strategists have to bring together and coordinate strategic activities of different stakeholders within their companies rather than analyzing markets and developing processes behind closed doors.
These are some of the findings of the new study, "Revealing the chief strategist's hidden value", by Roland Berger and the University of St.Gallen (HSG), which was published to high ranking strategists at the Munich offices of Roland Berger on January 14th. Find the PDF for free download below.
High ranking strategists from companies across Europe joined the authors of the CSO 2016 survey - professors of the universities of St. Gallen and Geneva and Roland Berger Strategy experts – to actively discuss the findings of their report.
One of the shared results developed in the workshop was that new approaches for measuring the work and the value add by CSOs have to be developed in the future. Also the question whether big data and new technologies are transforming or potentially threaten the position of the Chief Strategy Officer further, caused lively debate.
- Photo credit: Westend61 / Getty Images
Revealing the Chief Strategist's hidden value
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