Apr 11, 2022
In General Discussions
The CEO, or Chief Executive Officer is the most important person in the management of an organization. In a corporation governed by a Telephone Number List board of directors, the CEO is the single most important authority who is primarily responsible for carrying out the plans and policies laid down by the board of directors. In this case, the CEO reports to the Telephone Number List board of directors. In a business like sole proprietorship or partnership not governed by a board of directors, the CEO is the single most important authority other Telephone Number List than the partners or whoever sets the direction of and oversees the operations of an organization. The CEO is responsible for Telephone Number List implementing the strategy agreed upon by the Board in the formulation of which he himself has played a major role. He regularly reports to the Board and informs and consults the Telephone Number List Chairman with appropriate and timely information so that the Board and the Chairman can discharge their responsibilities Telephone Number List effectively. He develops and delivers the strategic objectives of the company agreed with the Board and recommends significant operational changes and major capital expenditures where these are beyond his delegated authority. He also assigns responsibilities to senior management, establishes a strong management team and oversees the establishment of Telephone Number List effective risk management and control systems. All the staff of the company, other than the Chairman's immediate staff and the Company Secretary, ultimately report to the CEO. It is clear that the CEO is the executive head of the company and along with the Chairman and the Board members is the highest functionary. Obviously, he must be a very senior manager with very sharp skills in different Telephone Number List areas of management and considerable formal qualifications. So, the CEO generally has a graduate or post-graduate degree in management, finance or other Telephone Number List related areas. The CEO has the overall primary management and leadership role in the organization.