10 Reasons why Chief of Staff is the pathway to CEO roles
In this newsletter, we will discuss a new opportunity for those looking to switch careers or get closer to the C-Suite in an organization.
Chief of Staff is a role that has recently gained a lot of attention in the private sector. Not only does it help your organization run smoothly, but it also helps you to grow and expand your business
As Abhiroop Medhekar, CEO at Velocity, says, “I haven't found a better articulation than this role being a "Co-pilot to the CEO" The role requires wearing multiple hats -- a strategist, a tactician, and an implementer.
A chief of staff works directly with the CEO, but they can also report to other C-suite executives like the COO or CFO.
Why should you consider being a Chief of Staff:-
Gateway into the C-suite
Being a chief of staff allows you to work directly with the CEO and learn from upper-level management. This means that eventually, you will be able to lead your own department or another c-level role within the company.
Leadership management is Evolving
Organizations are trying to be more decentralised and as a result, they need leadership from people who can provide direction while also optimizing their resources. The role of a chief of staff is changing because they are expected to take responsibility for everything that goes on within their organization.
Exposure to the Ins and Outs of the Company
The chief of staff is often responsible for ensuring that all departments are working together effectively so that no one department takes advantage of another's mistakes or weaknesses.
Interact with people from all levels of the organization
One of the most important things for a chief of staff to do is make sure that their team is happy and productive. This means making sure that each person feels like they are being heard and valued, as well as helping them find the best way to contribute to the company’s overall performance.
Better salary packages, if not the same as other popular roles
According to Glassdoor the average annual salary for Chief of Staffs in India is 30 LPA with the potential to go upto 96 LPA—and that's not including benefits! It also doesn't include stock options or any other bonuses or incentives.
As the chief of staff, you get to really explore all departments. You'll get to meet with a lot of different people, and you'll get to see what they're working on.
The role’s history in military and government
In times of crisis, the chief of staff is responsible for making sure that all of the organization's key resources are being used to their maximum potential. Chief of staffs are also often responsible for taking care of relationships with other departments, suppliers and clients.
C-level executives need a Chief of staff
A chief of staff is like the CEO's right hand: they make sure everything's running smoothly and that the details don't get in the way of business as usual. They're not just there for show; they have a real impact on how your company operates.
Substitute for when the CEO is OOO
Getting to work directly with the CEO, gives you valuable insight into what responsibilities their role comes along with it. Which is why, during the absence of the CEO, the CoS is the perfect person to take over and manage the organization for the time being.
Build a bridge between upper and middle-level management
Your chief of staff is the person who will work as the bridge between upper management and the rest of the company. They'll help you see things from other people's perspectives, give you an understanding of what's going on in your business, and help you make decisions that are right for your company.
If you think you could benefit from having your chief of staff, consider being a part of our upcoming Chief of Staff cohort. Book a call now - https://calendly.com/anchal-taatya/protocol-team
If you are interested in being a Chief of Staff, join our cohort as a participant to get a community of people with similar aspirations, high-quality resources, and plenty of opportunities to learn and network. Register now - https://cos.sparklehood.com/
You can also read more about the role; here are some excellent articles to get you started -