Chief of staff mckinsey

Working closely with McKinsey location managers in more than 130 cities, these leaders ensure the best of our global Aug 2, 2023 · Building on research initially conducted ten years ago on the role and scope of chief strategy officers (CSOs), our new research finds the role continues to evolve and expand in the face of a quicker pace of change and ongoing volatility. Bennett is a longstanding leader in the Northeast Ohio business and civic communities. The chief of staff role sits at the intersection of leadership and support. Learn about their backgrounds, experiences, and wide range of skills. Leads McKinsey Africa. Exhibit 1. High levels of ownership and buy-in among all operators—including those on the front Nov 25, 2020 · One key responsibility of the transition team is preparing appointees to govern. Here are eight key pieces of advice from those who have mastered the role. Outside of McKinsey, Andrew teaches as part of the Masters in Public Policy programme at the Blavatnik School of Government, Oxford University. The COO’s vision should start with the overall business strategy. Be deliberate about timing the onboarding of the transition staff. Their expertise includes industries across the private sector and public sector organizations. I interviewed 12 Chiefs of Staff to learn Writing Your Resume for the Chief of Staff Role. It’s even more significant in parts of Asia, particularly in India and China (Exhibit 1). CHROs can make agile workforces a reality by spreading decision making across the organization. The estimated total pay for a Chief of Staff is €132,500 per year in the Amsterdam, Netherlands area, with an average salary of €120,000 per year. One of the first conversations a director and deputy should have concerns how to define a successful tenure. David Court is a director in McKinsey’s Dallas office. The estimated additional pay is € Dec 6, 2023 · The COO role is different from what came before. Three former chiefs joined us Inside the Strategy Room to share eight pieces of advice from Jan 19, 2021 · Once the decision is made, the questioning ends, full stop. “The COS [chief of staff] keeps a finger on the pulse of the organization to help give a bit of a ‘Spidey sense’ or peripheral vision for the CEO to understand what’s going on in the company. 1954. Learn more about McKinsey’s UK gender pay gap report 2023. In the third part of our series of conversations on the CFO’s changing mandate, three experts explore how corporate innovators can make the finance leader an ally rather than adversary. Certification serves as a testament to a chief of staff’s expertise and capacity. What does a chief of staff do? The short answer is, it depends. We integrate deep expertise and thought leadership from the best of McKinsey’s experience in this unprecedented COVID-19 crisis to Mar 13, 2022 · Conclusion. ) 30d+. Since 1991, McKinsey's global Black Network has brought people together and created opportunities for colleagues, clients, and alumni. The second basic requirement for the front-office team is to establish a sustainable, coordinated operating model that helps it execute effectively. In our work with scores of companies that have embarked on this course, we’ve seen CTOs single-mindedly drive the organization forward and hold accountable those responsible for the hundreds (even thousands) of daily actions and initiatives Feb 22, 2024 · The chief of staff (COS) in companies and organizations is typically the trusted right-hand person to principals and CEOs. If 7 percent of employees were somehow isolated while the remaining 93 percent continued with business as usual, that wouldn’t work. Meanwhile, McKinsey Associate salary in other developed countries fluctuates between $120,000 to $180,000. The Case for a Chief of Staff. Sidebar. He specializes in helping clients with digital marketing, e-commerce, commercial negotiation, and the development of digital ecosystems. And the data shows that when CFOs are engaged in ESG initiatives, they do better: there is a 20- to 30-percentage-point higher alignment between ESG initiatives Dec 8, 2022 · To discover the latest thinking of banks on risk and resilience, McKinsey conducted survey-based research in late 2021, engaging with more than 30 CROs. Jan 7, 2019 · The variations highlight the importance of professionalizing the compliance function. McKinsey Associate salary in India is roughly Jun 14, 2024 · The McKinsey Podcast: Insights from Experts on Business & Management. S/he may also work with internal or external teams in lieu of the CEO. I landed my COS role through a customer success and strategic initiatives route. Aug 1, 2007 · In the years ahead, an accelerating pace of change will continue to transform the role of marketing and the CMO and their relationship with the corporation as a whole. Your background may look less like a ladder and more like a hopscotch court. She also led McKinsey's Cities Special Initiative, convening McKinsey's work with city, regional, and national authorities in more than 40 geographies worldwide. " - McKinsey & Company Industry recognition. Nov 28, 2018 · The McKinsey Product Management Index is a survey of product managers at leading software companies to understand the capabilities and enablers that create top-performing product managers (Exhibit 1). 5. This research surfaced systemic gaps around software- talent management; in fact, fewer than half of the product managers feel prepared to play Jan 1, 2015 · New focus on functional capabilities and the front line. 2002 - 2006. Pick a portfolio of interests and go deep. Chief Of Staff Welcome Health, Inc Jul 2021 - Jul 2022 1 year 1 month. Often, a diverse skill set is a big advantage. ch showed. Attendees include a sponsor for each work stream and other key initiative owners, plus a representative from finance and the chief transformation officer (CTO). A good listener with powerful influencing skills at all levels of the organisation. More important, McKinsey research finds that customer journeys are Synergy Management Group (SMG) is seeking a dedicated Chief of Staff to support the CEO. In this episode of the Inside the Strategy Room podcast, three experts discuss their findings and what it Apr 1, 2019 · Long regarded as the right-hand deputies of chief executive officers in the private sector, chief operating officers are crossing into the public sector. McKinsey_Website_Accessibility@mckinsey. Listen along with enhanced, synced transcriptions and more. McKinsey ramped up hiring, growing to more than double the staff it had in 2012. But as we all know, writing a resume is a challenge—especially for the Chief of Staff. Here are eight pieces of advice from those who have Seeing around corners: How to excel as a chief of staff | A chief of staff can be instrumental to a CEO’s success while also advancing their own career. ” McKinsey senior partner Andrew Goodman on the responsibilities of the chief of staff role in a recent episode of The McKinsey Podcast. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Nov 17, 2022 · McKinsey research shows that making even two big moves across these arenas more than doubles the likelihood of rising from mid- to top-tier performance, while executing three or more makes such a rise six times more likely. Sr Partner McKinsey & Co I NYT Bestselling author CEO Excellence I CEO Advisor on Strategy, People, Transformation and Leadership. The Chief of Staff can come from a variety of backgrounds and disciplines. Chief Of Staff at Microsoft Redmond, WA. Our offices in more than 65 countries are led by a group of senior partners across six regions: Asia (ex-China), Greater China, Eastern Europe, Middle East & Africa, Europe, Latin America, and North America. · Experience: McKinsey & Company · Education: University of UK Gender Pay Gap Report 2023. Leads McKinsey’s banking work across Asia–Pacific and supports the rapid growth of Asia's banking sector, helping build new institutions Meet our leaders and next generation of experts from McKinsey India. com. 6. Jun 27, 2024 · The estimated total pay for a Chief of Staff is €100,002 per year in the Munich, Bavaria area, with an average salary of €80,000 per year. She will lead McKinsey’s overall technology portfolio and strategy. Jun 8, 2024 · According to McKinsey & Company, 78% of effective business strategies are optimized through the meticulous coordination spearheaded by the chief of staff (McKinsey, 2022). Jacky, who will report to our global managing partner, joins the firm as a senior partner later this year. Thursday, Feb 22, 2024 • 19min Jul 21, 2020 · Arvind Krishna, the new CEO of IBM, tells us that his company has recently relied on a two-speed model of decision making. Welcome to The McKinsey Podcast, a business and management podcast featuring conversations with leading experts. Meeting agendas are tightly defined and action items rigorously tracked. The series features topics ranging from leadership and change management to digital, analytics and deep-dives into specific regions and industries. 2 Some COOs may see their role as that of a mentor, whereas others may be partners or heirs apparent to the chief executive. It not only validates their skills but also communicates to employers commitment to upholding the high professional standards. Connect Katy George New An experienced and highly capable leader—the chief transformation officer (CTO)—will significantly improve the chances of a successful transformation. In a business environment that demands agility and resilience, how a company executes its strategies is critical to its success. Nov 18, 2022 · Globally, we find CDOs tend to sit two levels below the CEO, often reporting to the chief human resources officer. However, over decades of supporting the world’s leading organizations in their redesign experiences Mar 13, 2022 · For job seekers eyeing the Chief of Staff role, understanding the potential career path can be beneficial. Backed by a network of global experts, MCG works alongside many of the world’s leading public sector Listen to How to be a better chief of staff by The McKinsey Podcast on Musixmatch Podcasts. Nov 4, 2022 · For all of PE’s preoccupation with talent, it’s still somewhat unusual for firms to have a chief performance officer (CPO), who is sometimes called the “human capital operating partner” or “portfolio talent lead. They must be comfortable telling the CEO when they disagree. Greater gender parity is a real priority for our firm and for society more broadly. com 915b5091-0d7e-44d2-a8c4-cf08267e52fe Skip to main content McKinsey & Company. McKinsey and Company has produced an excellent framework for analyzing the various types of benefits that COSs bring through their diverse roles. “That lets the others focus on running the business. As the economy has slowed and clients pulled back, however, the firm has been criticized for misjudging future May 8, 2023 · Here are some helpful tips from Karin M. 4. “Your CMT [crisis-management team] will handle all of the stuff around health, safety, employee confidence, and client confidence,” says Krishna. As the economy has slowed and clients pulled back, however, the firm has been criticized for misjudging future Mar 1, 2008 · McKinsey_Website_Accessibility@mckinsey. Whether through social events, professional-development conferences or mentoring, this network is incredibly active and supports our Black colleagues of all tenures. First, even if employees execute well on individual touchpoint interactions, the overall experience can still disappoint (Exhibit 1). The new colleague is a familiar face. As their appointments are announced, they should tell the agency-review team what they will need. McKinsey helps design the original organization of NASA. Jul 9, 2018 · Boosting their integration leadership readiness is a critical success factor for pre-close integration planning, a flawless day one, and maximum value capture and integration in the first few years post-close. co/3SUE6P6 Navigating your first 90 days successfully sets a strong foundation for your tenure as a Chief of Staff, enabling you to drive meaningful impact. Apr 13, 2020 · This article is written collaboratively by global leaders of McKinsey Technology including Kevin Buehler, Holger Harreis, Jorge Machado, Satyajit Parekh, Kayvaun Rowshankish, Asin Tavakoli, and Allen Weinberg. You are only as good as the support you Dec 21, 2017 · Throughout the 20th century, many organizations chased the notion of finding and using one ideal universal “span of control” (SOC)—the magic number of employees a manager could oversee to achieve optimal effectiveness and efficiency. In her role, she drives organizational strategy, planning and performance, leads the Office of the President and internal communications, manages the Board of Directors, and liaises with the international CARE confederation’s senior leadership. Office Leadership. Currently the Chief of Staff for the Managing Partner of Global Client Capabilities, I…. Below, we explore the role more deeply to help you determine if adding a chief of staff makes sense for your leadership team. It executes many different types of deals to drive its software Nov 8, 2023 · A chief of staff can be instrumental in a CEO's success while also advancing their own career. Chief of Staff, Center for US Healthcare Improvement at McKinsey & Company Boston, Massachusetts, United States 788 followers 500+ connections Jan 29, 2024 · Operations was rarely a high-profile organizational function until the COVID-19 pandemic thrust it—and the role of chief operating officers—into the limelight. Sep 23, 2021 · Leaders should think of 7 percent as a bare minimum that is both a catalyst and a guide to secure involvement across all functions and geographies that the transformation will affect. It will be important to empower line managers and help employees throughout the organization develop agile skills and mindsets. Meet our leaders and next generation of experts from McKinsey United Kingdom—their expertise includes a diverse array of public- and private-sector industries. One step in this direction that larger institutions could take is to appoint a chief financial officer for compliance; for smaller banks, a chief of staff responsible for managing the function’s infrastructure would be more appropriate. Tidjane Thiam 's latest recruitment is called Juerg Kaeppeli ( pictured left ); he is the new chief of staff of Credit Suisse' (CS) CEO. Companies with successful M&A programs typically adapt their approach to the type of deal at hand. com article, Seeing around corners: How to excel as a chief of staff, by Eleanor Bensley, Andrew Goodman, Poppy Johnson, and Connor Rochford Join our LinkedIn community of more than 90,000 members and follow us on X at @McKStrategy. ” 1 In our latest survey of PE operating groups, half of firms with more than $2 billion in assets under management (AUM Stacy Aldinger is the Chief of Staff, Strategy, and Transformation at CARE. Chief of staff Learn about careers at McKinsey by reading profiles, launching a job search, or exploring the firm. Many chief marketers still have narrowly defined roles that emphasize advertising, brand management, and market research. https://www. Cleveland State University President Ronald M. by. While he operates across sectors, he has extensive experience in assisting business and capability building within the Consumer sector, particularly Read the McKinsey. Summary. Jul 30, 2023 · McKinsey chief Bob Sternfels said he wanted to be ‘more humble’ about past mistakes McKinsey said it could cut as many as 2,000 back-office staff this year as part of one of the largest McKinsey ramped up hiring, growing to more than double the staff it had in 2012. ‍. He spent 30 years at McKinsey & Company serving as managing partner for In addition to her work helping Chinese and global businesses, she served as a director of the McKinsey Global Institute (MGI) from 2013-2024. Reed, author of the 2021 book Suddenly Virtual: Making Remote Meetings Work: Time: The most effective meetings are short meetings. As of December 2018, 13 US states have COOs in place, while 24 others have COO-like roles that are narrower in scope. September 21, 2022 We’re pleased to announce that Jacky Wright will join McKinsey as the firm’s first-ever chief technology and platform officer (CTPO). Regardless of hierarchy, industry, or Title Executive Assistant to Chief of Staff ; Email mandy_mckinsey@subr. When it comes to project management, the COS often wears multiple hats. Expand your search at McKinsey & Company: Chief of staff Jobs All Jobs in. Tailoring capability building to specific merger objectives. From the Magazine (May–June 2020) Bianca Bagnarelli. Get to know the talented consultants at McKinsey South Africa. Jun 21, 2021 · As the chief-of-staff role continues to gain notoriety expanding to the startup and entrepreneurial realms, the need for more qualified individuals continues to grow. Dec 21, 2017 · Throughout the 20th century, many organizations chased the notion of finding and using one ideal universal “span of control” (SOC)—the magic number of employees a manager could oversee to achieve optimal effectiveness and efficiency. 1 Chris Bradley, Martin Hirt, and Sven Smit, “Strategy to beat the odds,” McKinsey Quarterly, February 13, 2018. With its independent and analytical approach, the McKinsey Center for Government (MCG) is a dedicated center of excellence that helps government leaders deliver better outcomes and experiences. It also comes with enormous responsibility, opportunity, and influence. Six Modalities of a Contemporary Chief of Staff. mckinsey. The McKinsey study Nov 1, 2013 · My presentation focused on the CMO becoming the CEO — “chief engagement officer”. The role was left vacant ever since October 2015, when Black Network. As strategic partners, they contribute to the success of an organization by overseeing special projects, managing day-to-day operations, and supporting high-level decision-making. We’re looking to hire a Chief of Staff (CoS) to work directly with our CEO, Dave Osborne, and the Caseware Executive team. Rather than scheduling a two-hour call with ten agenda items, cut it down to a 20-minute meeting with two agenda items. By design, the chief of staff role varies from one organization to another, but the best chiefs of staff will complement the skills of their leaders. Their day could involve anything from overseeing cross Senior Partner, South Africa. Nov 29, 2023 · McKinsey’s latest CFO survey indicates that CFOs want to play a larger role in shaping ESG programs and better align social and climate issues with the company’s overall direction. Web 2016 The role of the chief transformation of˜cer Exhibit 1 of 1 McKinsey Associate salary 2023 (MBA/Experienced, Senior-level) McKinsey Associates in the US may earn up to $200,000 per year in salary, with a $153,000 base and a $34,000 performance bonus. In the United States, however, CDOs typically report directly to the CEO, although in some instances they report to COOs (Exhibit 4). Act as ‘human capitalists’. 1d Edited. However, over decades of supporting the world’s leading organizations in their redesign experiences Jan 22, 2021 · Effective operating principles for front-office teams. 🚀 Follow Elevation Chief of Staff Training for I am a Chief of Staff at McKinsey & Company, based in Australia. Previously, he was the chief of staff for the McKinsey Centre for Government, McKinsey’s global think/do tank for research, collaboration, and innovation in government performance. New CEOs are A chief of staff can be instrumental to a #CEO’s success while also advancing their own career. While the chief of staff role has evolved into a variety of forms, there are several strategies to drive success that apply across organizations, industries… McKinsey & Company on LinkedIn May 29, 2018 · Based on their research, McKinsey & Company suggested that chiefs of staff typically assume five different roles: First, a chief of staff will have duties towards their ‘principal’ (that Nov 27, 2023 · To gain a deeper understanding of the opportunities, challenges, and innovations within the embedded-finance landscape, McKinsey's Financial Services Practice spoke recently with leaders on the front lines of this change: Diego Caicedo, the cofounder and CEO of KLYM, a data-driven lender; Sabrina Dar, chief of staff to the CEO at Mambu, which CEOs need space to brainstorm freely, discuss option, and freedom to vent frustrations without igniting panic through the ranks. We quickly discovered that the great majority of CROs were already taking a Jun 24, 2024 · Most Likely Range. This is a remote contract position, immediate start, 8am-5pm ET availability required, US-based, long-term Mar 15, 2016 · Credit Suisse CEO Tidjane Thiam has made a McKinsey adviser his new chief of staff, research by finews. The Chief of Staff will amplify the effectiveness of the CEO and the rest of the executive team. New York, NY. While the strategic areas of focus where the CMO can add value should Aug 17, 2016 · McKinsey principal Alfonso Pulido explores why a customer’s end-to-end experience is the best way to gauge his or her overall satisfaction. Managing day-to-day operations and executing the strategies of the top management team are only part of the job. Los Angeles, California, United States McKinsey & Company Jun 2018 - Aug 2018 3 months. Apr 12, 2022 · However, the finance chief can also be innovation’s most important enabler. Helping governments deliver for their people. Here’s how to navigate it: https://mck. CEOs need more support than an executive assistant can provide. Fortunately, mergers provide a great incubator for developing leaders. Pave the way to the ‘new possible’. Tom co-leads McKinsey’s work in developing ecosystems and heads our Client Capabilities Network in Europe. It seems simple: Create a concise document that summarizes your professional experience and education. Experience: McKinsey & Company · Education: Harvard Business School · Location: Washington · 500+ connections on LinkedIn. Mar 26, 2021 · As such, payers who are quick to embrace the expanded priorities of the CMO as a strategic thought partner will achieve tangible bottom-line impact in the near term and build competitive differentiation in the long term. 1 Working in collaboration with the National Governors Association, the number of functional state COOs was tallied based on Welcome to the Network. Patricia Sabga is executive editor of McKinsey’s Public & Social Sector Practice and is based in New York. Dec 30, 2020 · Chief of Staff Association Given that the requirements of COS-roles are diverse and context-dependent, definitions of their role require some nuance. Effective advisors are not yes-people. Olivier Gorter is a senior vice president of McKinsey Recovery & Transformation Services (RTS) and is based in McKinsey’s Amsterdam office, Richard Hudson is an RTS partner in the London office, and Jesse Scott is an RTS senior vice president in the Sydney office. Matt Banholzer, who leads McKinsey’s global innovation delivery work, and two Apr 7, 2020 · The first 90 days are critical to establishing the right frameworks and relationships that will set up a Corporate Chief of Staff for long-term success. 1958 Toward social impact With fewer than 100 consultants, McKinsey’s partners vote to undertake pro bono work for the Red Cross and other not for profits, establishing a firm-wide commitment to civil society that will continue throughout the firm’s history. We asked about the current and evolving banking environment, risk management practices, and forthcoming priorities. (Bain, McKinsey, etc As Caseware continues to grow and evolve, so do the needs of our Executive team. Since 2017, the Chief of Staff Network has transformed the Chief of Staff role into one of the most dynamic positions in the private sector. Seattle, Washington Senior PartnerMumbai. On this episode of The McKinsey Podcast , McKinsey senior partner Andrew Goodman joins editorial director Roberta Fusaro to discuss the highs and lows of this consequential job—and how to do it right. In a competitive landscape, industry recognition becomes a valuable asset, distinguishing certified chiefs of staff. Here are eight pieces of advice from those who have mastered the role. My primary responsibility is to collaborate with the APAC Operations leadership team to further develop our Practice, increasing Carolyn Dewar. Although some of the core functions of a chief of staff are highly transactional, try to reserve some portion of your time for projects that are of particular interest to you and go deep. Exhibit 4. Mr. With all the changes in the consumer decision journey – from the multiple ways consumers interact with brands to the iterative way they make decisions to the all the ways they influence both the brand and each other – marketing is really about engagement. Berkman has appointed James "Jim" Bennett to the position of Chief of Staff and Special Advisor to the President. This role 2010 - 2013. Oct 31, 2022 · The COO job description has never been a fixed one: it varies by industry, organization, and need. Head of Operations / Chief of Staff, CHIPS Investment Office | Former McKinsey Partner · Experience: McKinsey & Company · Education: Harvard University · Location: Washington · 500 Sep 2, 2021 · Prime Chief of Staff Nov 27, 2023 · 3. For example, over the past six years, IBM has acquired 50 software companies, nearly 20 percent of them market leaders in their segments. May 23, 2018 · In Leading Organizations: Ten Timeless Truths (Bloomsbury Publishing, June 2017),1 McKinsey senior partners Scott Keller and Mary Meaney address the ten basic issues facing leaders: attracting and retaining talent, developing current talent, managing performance, creating leadership teams, making decisions, reorganizing to capture value quickly Nov 12, 2023 · A chief of staff can be instrumental to a CEO’s success while also advancing their own career. Through community-led research, shared stories, and comprehensive education programs, we support Chiefs of Staff in daily execution, learning & development, and career navigation. These six functions can be helpful in communicating the essence of your role to others, both internally and externally. 1998 - 2002. This week, we explore the state of operations today and how logistics and supply chain executives can Jul 30, 2023 · McKinsey chief Bob Sternfels has signalled he plans to run for a second term as McKinsey said it could cut as many as 2,000 back-office staff this year as part of one of the largest rounds of . The transition staff must respond agilely to their requirements. $120K - $150K (Employer est. The strategic importance of capabilities is apparent around the globe: half of all respondents this year say capability building is at least a top-three priority at their companies. Senior Data Product Manager. Is a very strong internal and external communicator. Project Management: A Day in the Life. You'll support the Executive team to ensure the quality and timeliness of key reporting and meetings with our Board of Directors and senior leadership across our global business. Sep 21, 2022 · Our People. Chiefs of Staff play a unique and critical role in executive leadership teams. edu; Phone 225-771-3090; Alma Mater Southern University Dec 19, 2022 · Steve Kadish is a former senior fellow at Harvard Kennedy School’s Taubman Center for State and Local Government and former chief of staff to Governor Baker. COOs need to manage how they spend their time and where they turn their attention, how they lead, and how they interact with stakeholders. Communication centric. Nov 17, 2016 · Importantly, the transformation office drives results through standardized, weekly, action-oriented meetings. Serves as Japan’s leader for McKinsey Sustainability—the firm’s global client service platform to help all industry sectors achieve Meet our Sustainability & Resource Productivity leaders and experts. Dan Ciampa. Can be particularly effective complementing a task- or product-focused principal, serving as a crucial organisational lynchpin. Align on objectives and priorities. He began December 1. Oct 31, 2023 · A chief of staff can help a CEO succeed while also advancing their own career. dt fs tf wt zj ca ax gk li yc