Chief Executives
What is a Chief Executive?
A Chief Executive, often referred to as a Chief Executive Officer (CEO), is the highest-ranking executive in an organization, responsible for making major corporate decisions, managing the overall operations and resources of a company, and serving as the primary point of communication between the board of directors and corporate operations. The role of a Chief Executive encompasses a wide range of responsibilities, including setting strategic goals, ensuring the alignment of the organization’s vision with its operational practices, and leading the company's executives to drive achieving potential and maximize profitability. A Chief Executive often represents the organization in public relations, maintains relationships with key stakeholders, and is instrumental in shaping the organizational culture. Their decisions can significantly influence the organization's direction and its ability to compete in the market. In summary, a Chief Executive plays a crucial role as both a leader and a strategist, guiding the organization towards its long-term objectives.
Tasks
- Direct or coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency.
- Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
- Prepare budgets for approval, including those for funding or implementation of programs.
- Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
- Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
Technology Skills
- Enterprise resource planning ERP software
- Presentation software
- Accounting software
- Human resources software
- Data base user interface and query software
Tools Used
- Mobile phones
- Notebook computers
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Personal computers
- High capacity removable media drives
- Personal digital assistant PDAs or organizers
Knowledge
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Administration and Management
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
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Personnel and Human Resources
Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
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Customer and Personal Service
Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
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English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
Skills
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Judgment and Decision Making
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
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Complex Problem Solving
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
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Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
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Coordination
Adjusting actions in relation to others' actions.
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Management of Financial Resources
Determining how money will be spent to get the work done, and accounting for these expenditures.
Abilities
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Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
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Oral Expression
The ability to communicate information and ideas in speaking so others will understand.
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Speech Clarity
The ability to speak clearly so others can understand you.
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Written Comprehension
The ability to read and understand information and ideas presented in writing.
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Deductive Reasoning
The ability to apply general rules to specific problems to produce answers that make sense.
Education
How much education does a new hire need to perform a job in this occupation?
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Master's degree
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Bachelor's degree
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Associate's degree
Work Activities
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Making Decisions and Solving Problems
Analyzing information and evaluating results to choose the best solution and solve problems.
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Establishing and Maintaining Interpersonal Relationships
Developing constructive and cooperative working relationships with others, and maintaining them over time.
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Communicating with Supervisors, Peers, or Subordinates
Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
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Guiding, Directing, and Motivating Subordinates
Providing guidance and direction to subordinates, including setting performance standards and monitoring performance.
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Coaching and Developing Others
Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.
Detailed Work Activities
- Direct financial operations.
- Confer with organizational members to accomplish work activities.
- Prepare operational budgets.
- Direct organizational operations, projects, or services.
- Develop organizational policies or programs.
Work Interests
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Enterprising
Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertising, finance, management/administration, professional advising, public speaking, politics, or law.
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Conventional
Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
Job Outlook
Projected salary and job growth
This career will grow rapidly in the next few years.
Assessment
Related assessments and tests
No assessment available.