Duties and Responsibilities of Ceo Essay

A gaffer executive officeholder ( chief executive military officer) is the head of the come with and is responsible for its boilers suit success. Some CEOs be also members of the batting order governing the everyiance, or boards with an early(a)(prenominal)(a) organizations. They fix the policies that hazard up the structure of an organization, or its corporate governanceChairman of the bill A CEO often serves as chairperson of the board of directors. The board conducts mathematical process reviews on the CEO and other high-altitude executives and determines whether they be doing a good line of work running the attach to. The board has the power to remove and fire CEOs. As part of the board, a CEO provides input on where he sees the company heading, financially and strategically. Steve Jobs was both the chairman and CEO of Apple for many years. constancy Analysis To lead the company, the CEO moldinessiness be knowledgeable virtually the industry. She attends or maintains a presence at conferences and has meetings with other executives to make deals and exchange information. This not save keeps her informed about upcoming events and opportunities same mergers, but also makes her aware of probable threats, like a new competing result line.Approve Annual Reports Annual compensates are like a report circuit card on a public companys s financial status. The CEO writes a personal meat that accompanies the report. The message is a summary of the entire report and states his thoughts on future goals, and how the company is progressing toward them. The earn is intended to inform stockholders about the companys past and future performance. A CEO must verify that all the financial statements in the report are true and complete. Work With Other Executives A CEO must communicate with other high-level executives to make decisions. She often helps parent candidates at this level since she will be working so closely with them.Although she typi cally receives input from officials such as the chief financial officer, the chief technology officer and the chief marketing officer, the CEO is the closing decision maker on issues. She must intelligibly state her reasoning for decisions in a variety of formats such as presentations and company meetings. Effective communication reduces misunderstandings and makes employees aroma secure about the companys future. Determine Corporate Policies The CEO must know a lot about basic product line topics so he can make decisions in a wide variety ofareas.He is undeniable to have a master of business administration (MBA) degree and at least 10 years experience in business, preferably in the same industry, footing elements that provide him with a broad tooshie of knowledge. Among the things hell determine are when the company goes public, how many employees to hire or pose off, whether or not to merge with other companies and what companies to acquire. He must also make sure that com pany policies are clearly communicated to the right people in email, memoranda or newsletter formats.