Chief Executive Officer

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Job Details on Chief Executive Officer

A Chief Executive Officer is the highest-ranking individual of a Company or an Organization. They are also entitled as the President or the Managing Director in the organizations. They play the role of value maximization and serve as a decision-maker, strategists, and policymaker.

The roles and duties of a Chief Executive Officer are:

• Communicating on behalf of the company to the shareholders, government entity, and the public
• Developing the short term and long term strategies
• Setting measurable and desirable short-term and long-term goals
• Maintaining a high level of Corporate Social Responsibility
• Ensuring the human resource through empowerment and make sure that they fulfill organizational needs
• Increase Company revenues and income and promote equal pay share to the employees

Skills required to become a Chief Executive Officer

• Leadership: They are the strategic head and are required to exhibit strong leadership skills
• Decision Making: They have to carry out decision-making on time and have that skills
• Planning: They must plan to have a look at the big picture
• Monitoring: They should carefully monitor the tasks of the subordinates and organizational performance
• Evaluating: They must evaluate the best feasible solution out of many alternatives
• Communicating: They must communicate their ideas to the junior level in the execution of plans and programs
• Promoting: They must promote the organization to capture new markets
• Forecasting: they must forecast any unseen calamities that can hamper the performance of the business through research
• Maintaining the benchmarks of the Organization is in the hands of effective CEO
• Financing: They must be ready to support the organizational financial needs and make decisions to control and regulate Finances
• Capital Formations: Their role to formulate Capital with the available resources is a very significant duty
• Expanding: They must think of expanding their business and gather resources
• Acquiring: CEOs play a strong role in acquiring and merging of a business venture with consent from the Board of Directors

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