61:, and emerging innovation industries, the chief business officers assume full management responsibility for the company’s deal-making, provide leadership and execute a deal strategy that will allow the company to fulfill its scientific/technology mission and build shareholder value, and provides managerial guidance to the company’s product development staff as needed. Reporting directly to a board of directors or the CEO of the company, a CBO sometimes has a dual role as
45:). In the commercial space, CBO shows leadership in deal-making experience with a clear record of results and ultimate transactional responsibility. In higher education, the titles of vice president, associate dean, assistant dean, and director are also used for the role of the chief business officer.
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As one of the highest-ranking executives in an academic or research organization, the CBO may oversee strategic planning in addition to budgeting, financial management, contracts, human resources, procurement, compliance, real estate, facilities, information technology, and risk management. At many
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The titles of executive vice president and senior vice president are found most often in a university’s central administration office, and a hierarchical relationship does not necessarily exist between those positions and the chief business officer position of a university-affiliated institute or
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Many CBOs typically hold advanced academic degrees (MBA, PhD, etc.) or leading professional credentials and continue to participate in academic research or consulting projects in their areas of expertise. Job experience for the CBO role is generally gained on the job at the department, unit, or
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A CBO is often given the responsibilities of conducting all business and corporate development activities, maintaining relationships and project management of all partnership agreements, ensuring marketing activities, including website-related, activities, and, more importantly, developing an
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center, which is often at an equivalent level. Several large public school districts in the United States now employ chief business officers to oversee the business operations of the school district as well as the work of individual school business managers.
137:(COO). As a result, the executive holding the CBO position, by definition, will usually possess a broader range of experience and a more extensive skill set than individuals serving in those C-level positions.
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Brown, Mari, and Marc
Levinson, eds. Welcome to the Jungle: A Business Officer's Guide to Independent School Finance & Operations. Denver: National Business Officers Association (NBOA), 2009. Print.
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program level prior to advancing into a CBO role, although business officers at all levels are sometimes hired from private industry, government, or other non-profit organizations.
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Sanaghan, Goldstein, and Jurow. A Learning Agenda for Chief
Business Officers. Washington: National Association of College and University Business Officers (NACUBO), 2001. Print.
41:) is the position of the top operating executive of growing commercial companies or an academic/research institution (such as a university, college, institute, or
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initiatives fall under the purview of the CBO, while other institutions include community and local government relations in the CBO's responsibilities .
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positions in other industries. Additionally, the title chief business development officer title is often shortened to chief business officer in
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A CBO is responsible for the administrative, financial, and operations management of the organization, often combining the roles of
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Educational requirements for the CBO position vary among different commercial companies and institutions .
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The top operating executive of an academic or research institution
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701:List of business and finance abbreviations
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262:Kahlenberg, Rebecca R. (August 2006),
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205:"Chief Business Officers Speak Out",
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108:chief business development officer
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85:Academics and research institutes
264:"The Other Career in Education"
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127:chief administrative officer
240:"Becoming a Renaissance CBO"
207:University Business Magazine
171:Chief administrative officer
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141:colleges and universities,
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737:Chief executive officers
135:chief operating officer
131:chief financial officer
104:chief commercial officer
63:chief commercial officer
624:Representative director
244:Inside Higher Education
181:Chief operating officer
176:Chief financial officer
100:school business manager
747:Positions of authority
742:Management occupations
696:Executive compensation
614:Non-executive director
186:Chief strategy officer
116:information technology
67:chief strategy officer
59:information technology
35:Chief business officer
20:Chief business officer
752:Corporate governance
691:Corporate governance
638:Mid-level executives
599:Development director
448:Information security
49:Commercial companies
92:Independent schools
21:
686:Board of directors
609:Executive director
19:
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716:Talent management
711:Supervisory board
706:Senior management
594:Creative director
582:Senior executives
120:startup companies
43:teaching hospital
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757:Corporate titles
314:Corporate titles
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655:Account manager
650:General manager
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604:General counsel
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153:Qualifications
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143:sustainability
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589:Chairperson
508:Procurement
443:Information
133:(CFO), and
731:Categories
660:Supervisor
563:Technology
493:Networking
458:Investment
453:Innovation
418:Experience
378:Compliance
368:Commercial
348:Automation
273:2013-10-14
249:2016-07-05
192:References
619:President
568:Visionary
548:Solutions
498:Operating
478:Marketing
463:Knowledge
433:Happiness
423:Financial
413:Executive
408:Diversity
338:Analytics
553:Strategy
543:Security
518:Research
468:Learning
388:Creative
358:Business
165:See also
25:Synonyms
670:Foreman
645:Manager
538:Science
528:Revenue
513:Product
503:Privacy
483:Medical
403:Digital
383:Content
363:Channel
129:(CAO),
53:In the
428:Gaming
398:Design
118:, and
473:Legal
353:Brand
343:Audit
533:Risk
393:Data
145:and
65:and
573:Web
106:or
98:or
79:IPO
39:CBO
28:CBO
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