The chief strategy officer

            Executive summary

It is evident that each and every company has its own unique model that they use in their organization and in undertaking their operations. The traditional model in most of the companies involved the flow of visions, strategies and information from the top level management. This has changed over time since as the current model implemented in the companies is all inclusive. This involves the successful establishment and execution of the plan that requires good processes but also the capability to make quick and effective decisions. Thus the management roles has expanded so as to include the formulizing of the company’s planning processes as they establish new working relationships and cooperation across the company as they institute transparency and accountability for the employees carrying out these strategies (Breene et al 2007). Some of the critical issues in strategic process are involve the lack of clarification of the company’s vision which is an urgent issue that needs to be addressed in the company. Another critical issue is on the decision making process which is essential in the success of the strategies. The last issue is on the time taken in the implement6ation of the strategies. Therefore, it is commended that the Chief strategic officers should be the ones that lead in the implementation of the company’s strategies. This is because they have the obligation, qualifications and the desire to act on the planning and in advising. In conclusion it is clear that there are so many challenges that are facing the companies and thus it is important for companies to explore the CSO options. However, the CEO’s also having a big part to play in the success of the established strategies; they should be keen on the execution of these plans (Breene et al 2007).

 

References

            Breene,S. Timothy, Nunes Paul F. and Shill Walter F. (2007). The Chief Strategy Officer. Harvard Business School.