Roland Berger Strategy Consultants and the Institute of Management at the University of St. Gallen (IfB-HSG) surveyed, for the third time, over 150 Chief Strategy Officers (CSOs) of Europe's biggest companies for their CSO Survey 2013. The findings show that CSOs are becoming even more important and they often have to make decisions that require particularly sound judgment.
It is hard to imagine a company without a CSO. Yet although their role is increasingly important and their duties more complex, capacity expansion in strategy departments is not keeping up. "To cope with rising complexity due to a stream of new competency areas and volatile, uncertain markets, CSOs have to design the strategy process more efficiently," says Dr. Tim Zimmermann, Partner at Roland Berger Strategy Consultants.