What does a President do?
A President provides leadership for an organization and works with executive board members. They manage budgets, monitor the allocation of resources, and lead their workforce. As the leader, a President is also accountable to shareholders and the public for the decisions made, and they often act as the ‘face’ of the company.
President skills and qualifications
A President requires many skills and qualifications to perform in a leadership role and ensure a company is profitable, including:
- Leadership and interpersonal skills
- Written and oral communication skills
- Analytical and decision-making skills
- An entrepreneurial mindset
- Motivational skills
- Market awareness
- Innovative thinking
President experience requirements
Presidents typically have eight to 10 years of experience in their industry that they gained through working their way up the company ladder, giving them knowledge of many different roles and responsibilities. Presidents are also expected to have an understanding of financial and operational knowledge and procedures across various industries. They are expected to attend and facilitate events, such as seminars and workshops, related to their career.
President education and training requirements
With the responsibilities of a President, candidates for the role are generally expected to have a bachelor’s degree in business administration or a similar field. A master’s degree is preferred. Other educational pursuits, such as continuing education, certifications in skills, and industry education from professional organizations are often desirable, but generally not required.
President salary expectations
According to Indeed Salaries, the average salary for a President is $119,941 per year. Keep in mind that salary may vary by relevant experience and training, location, education, industry, and company.
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