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FOR IMMEDIATE RELEASE
Contact:
Jay Roberts
212.924.2582
jay@m1pr.com
CHIEF STRATEGY OFFICER MOST POWERFUL TITLE FOR SECOND YEAR IN A ROW
Chief Strategy Officer Tops CIO, CTO & Chief Marketing Officer Again in 2007, According to Survey by Association of Executive Search Consultants
NEW YORK, January 29, 2007 - A survey of 507 senior executives worldwide reveals 42 percent say that other than the CEO and CFO, the Chief Strategy Officer will be the most powerful C-level title in 2007. The poll was conducted from January 1-11, 2007, by the Association of Executive Search Consultants (AESC) on Bluesteps.com, the AESC's career management site for senior executives. The same survey was conducted for 2006, with the Chief Strategy Officer coming in on top at 57 percent. Full results of both polls are below.
Respondents were asked, "Aside from the CEO and CFO, which of the following C-level titles will be the most powerful in the coming year? (Choose up to 3.)"
2007 Results:
- Chief Strategy Officer 42%
- CIO/CTO 33%
- Chief Marketing Officer 29%
- Chief Talent/HR Officer 19%
- Chief Restructuring Officer 12%
- Chief Knowledge Officer 11%
- Chief Creative Officer 7%
- Other 21%
2006 Results:
- Chief Strategy Officer 57%
- CIO/CTO 41%
- Chief Marketing Officer 35%
- Chief Talent/HR Officer 23%
- Chief Restructuring Officer 17%
- Chief Knowledge Officer 16%
- Chief Creative Officer 10%
"It's all about strategy. Any company that can't define its strategy can't effectively executive on anything. It's that simple. The CEO runs the company and the CFO holds the purse strings, and between the two, they wield a great deal of power. But today's CEO has been cast in the role of 'Chief Execution Officer.' It's the Chief Strategy Officer who creates a unified and executable strategy across the corporation. In global companies with distributed authority, the Chief Strategy Officer will be key in communicating the strategy across the various business units in locales around the world," said Peter Felix, President of the Association of Execution Search Consultants.
About The Association of Executive Search Consultants
The Association of Executive Search Consultants is the worldwide professional association for the retained executive search industry. The AESC's mission is to promote the highest professional standards in retained executive search consulting, broaden public understanding of the executive search process, and serve as an advocate for the interests of its member firms. For more information, or to download the AESC Code of Ethics and Professional Practice Guidelines, go to www.aesc.org.