What Is a Sample CEO Job Description?
CEO is an acronym for Chief Executive Officer. A CEO is the highest executive within a company. He oversees all areas of a firm. He defines his organization's long-term and short-term objectives. He initiates all company policies and regulations. He reports directly to the board of directors of a company.
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Job Responsibilities
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In a typical company, a CEO meets with each of his department heads to develop the overall goals and strategy of the firm. The intent is to increase the company's profitability. He manages the progress of every initiative, product or service that the firm offers, and reports that progress to the board of directors. He maintains a high public visibility, performing as a representative of the firm on-site and at external functions and events. He also performs public relations for the firm, granting interviews for industry publications and sitting on panels at industry events.
Job Opportunities
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Most companies large and small in each industry and sector has a CEO at its helm. While many organizations promote their CEOs from within, many hire external candidates for this post. These openings are often confidential and therefore not public knowledge. A candidate seeking a CEO role should utilize the services of an executive search firm that focuses specifically on the placement of executive-level professionals. Some roles may be posted on executive-level job boards such as theladders.com. Additionally, professional organizations such as the Association of Professionals in Business Management offer resources in abundance for networking opportunities for active job seekers.
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Qualitative Requirements
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A successful CEO must possess exceptional written and verbal communication skills, as he serves as the internal and external mouthpiece of his organization. He must also have excellent interpersonal skills. Planning and execution are both areas in which he should be strong. He must also be a strong leader and good manager.
Educational Requirements
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The successful candidate for the role of CEO should posses a four-year degree within finance, business or a similar field of study. Additionally, he should have a graduate degree within business management, business administration or a related field. Most employers typically prefer candidates to have 15 or more years of experience within the industry.
Average Compensation
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According to Salary.com, in 2009 the average chief executive officer working in the United States of America earns an annual base salary of $647,777. The United States Bureau of Labor Statistics anticipates the employment of top executives to increase by 2 percent within the decade from 2006 through 2016.
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References
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