The Role of The Chief Executive Officer
A Business can be referred to as an economic activity or an organization where services and goods are exchanged for one another or money. to make a profit, every business requires some form of investments and customers in which its output will be sold on a constant basis. Businesses are of diverse nature and origin for we have state-owned companies, privately owned businesses, and multinational businesses.
“What do you want to be when you grow up?” this is one of the questions that pop-up in most children and adults most of the adults find themselves unmotivated and hate their jobs while others find themselves engaged. Among the most successful business executive in this century is Greg Lindberg; he has several companies in his name. He founded Eli Magazine while a freshman at Yale and without aid he skyrocketed the company to 5 million dollars in revenue. He started out in sales, marketing and changed his profession to an assistant director in the non-profit sector and later becoming a CEO of a regional telecommunications company. In the course of establishing his businesses, Greg Lindberg was able to acquire new skills and competencies. Listening is one of the attributes he learned that molded him to be a CEO. His company invests in companies across the Globe, primarily in North America, Europe, and Asia with Earnings before Interest, taxes, depreciation, and amortization of that shaped him to become a CEO was the more than $300k. In general, everyone knows that the CEO is the boss, but few may know what the job entails on a day-to-day basis. In truth, Greg Lindberg says, the role will differ depending on the size of the business, the personality of the CEO, and the type of industry the business is in.
There are some common aspects of the job that most CEOs will have to deal with to be successful. A business organization is usually headed by a chief executive officer. The chief executive officer is usually charged with the role of carrying out a strategic plan. The work of the CEO is usually checked by the board of directors. In the case of an agency the Chief executive officer is supposed to report to the governor or the president. Where the business organization is owned and run by the chief executive officer there might lack oversight or it might be weak. Making of goals and strategies also involves the chief executive officer; he’s also supposed to implement those goals and strategies.
He or she may participate in civic and professional association events representing the organization, and he or she may also engage with the media to respond to organizational and industry news. For many, it will certainly take a few wrong turns along the way and trial and error. To find a job that one loves it’s important that they follow their passion.