This article was originally published by Bloomberg and was reposted on The Business Times.
The Business Times explores the growing importance of the Chief of Staff role as CEOs face increasing complexity from AI, economic uncertainty, expanding stakeholder expectations, and the accelerating pace of business transformation. The article highlights how organizations are increasingly hiring trusted strategic advisors to help executives manage priorities, lead cross-functional initiatives, improve decision-making, and create the capacity needed to focus on long-term strategy. Demand for Chiefs of Staff continues to rise, with compensation for top positions reaching as high as $400,000 and the number of professionals holding the role growing significantly in recent years.
Craig Stevens, Managing Partner at Boyden, is prominently quoted throughout the article. He notes that “the complexity of the CEO role over the past five years has multiplied to a level where the CEO cannot even sit back and think anymore,” adding that a Chief of Staff gives leaders much-needed “breathing space.” Stevens also emphasizes the highly trusted nature of the role, observing that Chiefs of Staff are often connected as much to the individual leader as to the position itself. His insights reinforce why organizations increasingly view the Chief of Staff as an indispensable partner in helping CEOs navigate today's rapidly evolving business environment.
You can find the full article here.
