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A chief executive officer (CEO) holds the highest job position in a company or organisation and so the CEO has a huge amount of responsibility, as they are responsible for the success of the business.
The great thing about being a CEO is the ability to have the final say in any decisions, which will always go through them. CEO’s are responsible for creating, planning and running the strategic direction of the company which are all important factors in the decision making process. Every part of the business, incorporating all departments can be included in the decision making process too. The CEO is crucial to the running of the business though and making the final decision, they need to make sure that they are constantly aware of the competitor’s activity, change in markets, consumers, developments in the industry and quality standards, plus much more. As you can see already this is a very demanding and senior job to work in.
The role of a CEO will always be important to any company because they are responsible for ensuring objectives are met, while driving the vision and overall direction of the company. A CEO will have to implement a strategy to allow the business to develop in the way that it needs to. CEO’s will work alongside the executive leaders and directors. They must ensure that the strategic plan is guiding the business in the correct direction. This will be constantly evaluated to ensure that the business is meeting its goals.
In terms of representation, a CEO represents the business to other professionals and the local community. They may also have to represent it on a national level but this is dependant on the size of the business. Other executive figures in the business may share some of this responsibility, but it is mainly the CEO.
A CEO is required to report to a Board of Directors. These directors provide an advisory role for the CEO, but only if their help is needed. However the CEO will need to demonstrate his or her role in leadership, to show how the business is moving on its success and reaching the goals that have been set.
If you have what it takes to become a CEO then send us your CV to firstname.lastname@example.org. We would be delighted to offer you free advice whether you are seeking a senior automotive appointment in the UK, Middle East or Asia.