By Taman H. Powell and Duncan N. AngwinBy understanding how the duties of the chief strategy officer (CSO) can vary significantly from organization to organization, boards and CEOs can make better decisions about which type of CSO is necessary for their leadership teams.
THE CHIEF STRATEGY OFFICER (CSO) is a comparatively new but increasingly important role in many organizations. To explore the role of the CSO, we conducted 24 interviews with CSOs at U.K. companies that are part of the FTSE 100 Index, across a number of industrial sectors. Secondary data — company reports, strategy documents and presentations — were used to complement the interviews. All interviews were conducted either at the CSO’s office or via telephone and followed the same semistructured outline and set of questions.
They were transcribed verbatim and analyzed through qualitative data management software.From the outset, it was clear that there was a variation in CSO roles, focused on two dimensions.
The first dimension was the stage of the strategy process in which the CSO was involved. Our findings identified a significant demarcation between whether the CSO was focused on the formulation of the strategy or the execution of the strategy.
The second dimension of variation was how the CSO engaged in the strategy process. Some CSOs were facilitators, advising business units during the strategy formulation or assisting in the execution. Other CSOs were enactors, far more likely to execute the strategy process by themselves or with their team.Based on variation in the roles carried out by the CSOs, we have developed a typology of four CSO archetypes. Leer más “The Role of the Chief Strategy Officer”
By Tom Warren | theverge.com
TomTom has announced that it is previewing an Android version of its popular navigation software at IFA 2012 this week. The Android app, set to debut in October, will include lifetime map updates, IQ route planning, lane guidance, and spoken street names. TomTom will also offer its HD Traffic and Speed Cameras packages as in-app purchases within the Android application. Leer más “TomTom navigation app coming to Android in October | vía theverge.com”
socialmouths, Kick-ass social media advice for the real entrepreneur
Is measuring ROI on Social Media a myth? Or have we been looking at it all wrong?
I think at this stage, we are passed talking about vanity metrics like Followers and Fans and many businesses are starting to see that those numbers are not directly affecting their bottom line.
Written by Jeff Bullas – jeffbullas.com
The chief executives and owners of companies are often asked to participate in conferences or seminars because of their influence and insights into their industry as thought leaders and experts in their field.
In times of crisis a CEO proactively communicating about how they are solving the problem can calm stock markets and be a great public relations strategy to protect market value and brand integrity. Just recently Alan Joyce the CEO of the airline Qantas had to very quickly and proactively communicate with it’s customers and community about the the airlines safety after an engine blast on a Qantas Airbus A380 flight from Singapore nearly turned into a major disaster.
How CEO’s Can Get Their Message Out
Leaders very often need to get their message out and in the past the only means they had was via mass media and Alan Joyce was on every major TV channel to reassure the flying public that they were safe flying with Qantas.
Communication is not always about good PR strategies in times of crisis but also continuing to proactively position the company and the brand as thought leaders in their industry.
CEO’s and senior executives now have other means to communicate to the market and in real time and they are the new social media channels that can continue to provide information about the company and the industry as it happens.
The 3 Essential Social Media Tools Leer más “3 Essential Social Media Tools For The CEO”
The game is over. That game where they get to hire you for 40 years, pay you far less than you create, and then give you a gold watch, and then you get bored, you get depressed, and you die alone.
It wasn’t that fun of a game anyway.
When I had a corporate job I would wake up depressed. I couldn’t move out of bed. The sun would be coming in. A cat on the fire escape staring at me through the window. Even it was more excited to be alive than me. And, by the way, I had the best job in the world. I interviewed prostitutes for a living at three in the morning.
But they were going to kill me in my cubicle.
In 2009 I asked about 10 Fortune 500 CEOs, “did you just use this crisis as an excuse to fire all the people you were afraid to fire before.” Only one said “of course” instantly. The others had to drink more. But then it was admitted: you’re all dead weight and there’s no loyalty.
We’ve entered the “Choose Yourself” era. The era without middlemen. Without The Other telling you your bonus, your salary, your movie can be made, your book published, your company funded, your life validated. The era where you have to always be planning your escape. Where you create your platforms on twitter, facebook, quora, pinterest, blogging, vlogging, itunes, and wherever else and every day you Create and you Innovate and you Sell for yourself. You Eat what you Kill. And your rewards are commensurate with how sharp your teeth are.
Most people need to begin planning their exit strategy RIGHT NOW: Leer más “TechCrunch | 10 Reasons To Quit Your Job Right Now!”
With all of the serious news and analysis surrounding Friday’s Facebook initial public offering, Victoria, British Columbia-basedForbes blogger Greg Voakes chimed in with Facebook MBA, a humorous infographic based on Facebook’s timeline profile.
We particularly enjoyed the fictional status updates and comments from Facebook Co-Founder and Chief Executive OfficerMark Zuckerberg, legendary investor and Berkshire Hathaway CEO Warren Buffett, and MySpace Co-Founder Tom Anderson, among others.
Read them today and join the conversation.