Chief Executive Officer {CEO}
A CEO or Chief Executive Officer is the highest-ranking C-suite executive in an organization. The key responsibilities of a CEO include making prime corporate decisions, managing overall operations and resources of the company, and being the public face of the company who is responsible for all major decisions in the company. The CEO acts as the main point of communication among the board of directors. The CEO of an organization is professionally responsible for the overall success of the company. In many organizations titles such as MD (Managing Director), President, Chief Executive are used in place of CEO. The Chief Executive Officer reports directly to, and is accountable to, the Board of Directors for the performance of a company.
The typical responsibilities of a CEO include;
- Communicating with shareholders, government entities, and the public on behalf of the company.
- Leading the company towards short-term and long-term goals
- Creating company’s vision and mission
- Evaluating the work of other executive leaders within the company, including directors, COO (Chief Operating Officer), vice presidents, and presidents.
- Assessing risks to the company and ensuring they are monitored and minimized