A new C-suite position is rising in popularity

More organizations are looking to consolidate the responsibility for organizing and implementing strategic initiatives and transformation into one C-suite leader, the newly created chief project officer, The Harvard Business Review reported April 26.

Although the titles of the roles may differ, the concept behind the position is the same. The key roles included in the chief project officer job include driving strategic projects across the organization, accelerating growth and value creation and delivering on key company goals such as improving diversity and inclusion. 

The role was born out of difficulties with definitive project ownership and leadership and growth in the project creation space within organizations.

So far, retail business J.C. Penney has appointed a chief transformation officer; Gfinity, an esports solution provider, appointed a chief revenue and transformation officer; and beer company Heineken appointed a chief corporate affairs and transformation officer. 

Non-profit organizations are also looking to recruit chief project officers to build structure and culture and drive success in projects. 

Read the full report here.

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