CVO is the abbreviation for Chief Visionary Officer, which means that another title you can have is development manager. This title entails work assignments in an area that is more business-oriented, such as the company’s objectives, strategy and general business plan.
A CVO has an executive function in the company. It is used to formalize a person who is a consultant at a high level.
A CVO has a great deal of knowledge about what is happening in the company and not least what goals there are for the company in the future, as well as how the company achieves them.
Reasons why companies have a CVO:
- Change the company’s course
- Complex organizational structures
- Globalization
- Use to innovate
Normally, the CEO will be the person who handles the above, but it can be difficult to be at the forefront of it all.