A Chief Executive Officer One who determines and formulates policies and provides overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body.
Depending on his job specification he may be called: Chief Executive Officer (CEO), President, Chief Financial Officer (CFO), Vice President, Chief Operating Officer (COO), Executive Director, Executive Vice President (EVP), Finance Vice President, General Manager, Operations Vice President
This Occupation May Require: SSCE; Degree in Entrepreneurship; Master’s Degree; Professional Certification
Tasks, Duties, Responsibilities
- Directs or coordinates an organization’s financial or budget activities to fund operations, maximize investments, or increase efficiency.
- Confers with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
- Analyzes operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.
- Directs, plans, or implements policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
- Prepares budgets for approval, including those for funding or implementation of programs.
- Directs or coordinates activities of businesses or departments concerned with production, pricing, sales, or distribution of products.
- Negotiates or approves contracts or agreements with suppliers, distributors, federal or state agencies, or other organizational entities.
- Reviews reports submitted by staff members to recommend approval or to suggest changes.
- Appoints department heads or managers and assign or delegate responsibilities to them.
- Directs human resources activities, including the approval of human resource plans or activities, the selection of directors or other high-level staff, or establishment or organization of major department.
Tools: Computer, High capacity removable media drives, Calculator or accessories, Mobile phone, Scanner, Personal digital assistant PDA or organizer
Technology: Data base user interface and query software, Human resources software, Electronic mail software, Enterprise resource planning ERP software, Project management software