What does a CEO (Chief Executive Officer) do?
The role of a CEO varies and depends on several factors like the size of the company, the corporate structures and settings, and the culture of the company. For example, in large companies, the CEO should handle administrative tasks like dealing with high-level strategic decisions and directing the growth of the company.
Alternatively, in smaller firms, CEOs are required to be involved in the day-to-day activities of a company. They set the tone, culture, and vision of the company. In some companies, the CEO can work multiple roles. They can work as the Chief Financial Officer (CFO), the Chief Operation Officer (COO), and the Chief Marketing Officer (CMO).
CEO (Chief Executive Officer) skills and qualifications
As the face of the company, the CEO should have a general understanding and knowledge of their industry. They should be visionary and have good listening skills. They should be lifelong learners, adaptable, and be able to manage people. Other skills and qualifications include:
- Strong communication skills
- Ability to make informed decisions
- Ability to form good interpersonal relationships
- Willingness to take calculated risks
- Excellent detail-orientation and organization skills
- Task delegation and prioritization skills
CEO (Chief Executive Officer) experience requirements
CEO is a senior-level position, so they are required to have a minimum of five years of related work experience. The right candidates for the CEO position must have extensive managerial experience, either working in other industries or by moving up from a lower post. Successful CEOs also need to have several years of experience working in a mid-level managerial position in their chosen industry.
CEO (Chief Executive Officer) education and training requirements
Bachelor’s degree in management, business administration, commerce, or equivalent fields are the primary educational requirement for this position. However, depending on the size of the company and the duties required of the CEO, some employers may required candidates to have a minimum of masters or doctorate degrees in relevant fields. To be sure that the prospective candidate is qualified for the position, some employers also prefer candidates to have certification in the field related to the industry.
CEO (Chief Executive Officer) salary expectations
According to Indeed Salaries, the average salary for a CEO is $114.033 per year. However, Salaries depend on factors like experience, education, location, and company.
Job description samples for similar positions
If the CEO is not quite what you are looking for, here are other similar job description that might fit your need