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The highest ranking executive in a company (document anglais)

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Par   •  27 Novembre 2014  •  Commentaire de texte  •  319 Mots (2 Pages)  •  579 Vues

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The highest ranking executive in a company whose main responsibilities include developing and implementing high-level strategies, making major corporate decisions, managing the overall operations and resources of a company, and acting as the main point of communication between the board of directors and the corporate operations. The CEO will often have a position on the board, and in some cases is even the chair.

There are various other titles for the position of CEO including president and executive or managing director. The role of the CEO will vary from one company to another depending on its size and organization. In smaller companies, the CEO will often have a much more hands-on role in the company, making a lot of the business decisions, even lower-level ones such as the hiring of staff. However, in larger companies, the CEO will often deal with only the higher-level strategy of the company and directing its overall growth, with most other tasks deligated to managers and departments.

CEOs are responsible for the overall operation of a business, and are usually elected by shareholders and the board of directors.

In smaller companies, the CEO is frequently involved in the day-to-day operations of the business. In larger, publicly traded companies, the CEO position is more of a leadership, policy, and motivational role, and CEOs are not often involved in day-to-day operations. Instead, the CEO governs company standards and overall growth plans, while acting as a leader for various managers and department heads who then carry out those plans.

While CEOs come in all shapes and sizes, with varying backgrounds and education, studies have shown that there are a few common traits that make a CEO successful.  Most successful CEOs are capable of extraordinary vision for the company’s future.  CEOs must also be able to select managers who will be effective in executing company plans, and they must be able to communicate and delegate to those managers in the most efficient and effective ways.

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