Everyone will at some point ask themselves this question: what is CEO, what is his or her role, and perhaps what does that acronym mean? Let's start with the expression Chief Executive Officer, which in Spanish means "Chief Executive Officer." Its definition is: The person with the highest responsibility in an Anglo-Saxon organization or corporation. However, given globalization, this term has also begun to be used in non-Anglo-Saxon countries.
What is their function?
The CEO's main function is to oversee the company's germany business email list strategies and vision . Not all companies have this position; it is common in multinational companies where a person with the ability and competence to be at the head of the operational phase of the organization is essential.
Something interesting is that the CEO reports directly to the board of directors. The implications of the position in the hierarchy are not the same throughout the world ; in some places and companies it is the highest position, while in other organizational cultures, there are also other similar positions, where the executive and supervisory functions are separated in the company (they would be something like two CEOs, each in charge of one of these functions; in this case we speak of "chairman" to refer to the person who presides over the supervisory board , which as its name indicates, supervises the CEO's management. This board is chosen by the shareholders .)
Despite having knowledge about the CEO position, even in Latin America, this title is known as General Director, General Manager or Chief Executive Officer . Depending on the company, CEO may also be Chairman of the Board.
In turn, the executive director or CEO is in charge of a group of directors for each department of the company , such as: general marketing director, general operations director, general finance director, among others.
There is a person considered as CEO worldwide Steve Jobs , responsible for launching innovative products of the company Apple . In the case of Google , Larry Page , responsible for the technological strategy and development of new products of the company.
Synonyms of CEO: Executive Director, Chief Executive Officer; Executive President, Chief Executive Officer; General Director. The Functions of a CEO The person who fulfills the position of CEO has several responsibilities, among which:
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Report on the company's objectives, management and achievements.
Make decisions on business strategy.
Perform leadership functions, such as: motivating and advising employees under your charge.
Making organizational decisions for a specific period of time in the company.
Now, those who are in the business world often hear the word CEO, General Manager, Executive Director, among others . You may have this position or aspire to have it. Large companies such as Apple, Google, Sony and Samsung place great trust in their CEO . This is because almost everyone claims that the success of an organization or company depends largely on this person. Since he is the one who runs the company and makes the most important decisions so that it reaches its goals. We will show you 5 actions that must be carried out to be the best CEO.
ESTABLISH AND COMMUNICATE THE COMPANY'S MISSION AND VISION
The CEO or Executive President must make clear to all those who work in the organization the mission, vision and objectives that the company must follow. If these concepts are not clear in the minds of the workers, decision-making will be difficult and, in addition, the organization will become a bunch of people pursuing their own goals and will be carried away by their own values.