Functions of The Chief Executive Officer in an Organization
The CEO of a company is the highest-ranking person in the organization that is responsible for managerial decisions. The following is a list of functions of the chief executive officer in an organization.
The main work of a CEO is that he is a leader in the organization. Leaders are people who influence others so that work can be done. As the CEO he advises the board on matters concerning the organization so that information and actions can be implemented.
The CEO takes care of promoting their organizations and the stakeholder changes related to the organizational mission. Making changes is all about ensuring that the organization is in a good position to attain its goals and missions and all its stakeholders are well taken care of. One of the things the CEO ?can change is the structure and the way communication is done in the organization he can also change the way things are done from the lowest ranking person to the highest-ranking person in the organization so that the organization can improve its level of productivity. The CEO supports the motivation of employees in an organization their programs and operations. The CEO understands very carefully that the employees are the people who ensure that work is done in an organization and ?can be able to stand on its own in the market, therefore, he ensures that are gives employees are motivated and that they are well taken care of in terms of programs and operations implemented for them.
The CEO also acts as the decision-maker in the organization. The work of the CEO is to make sure that he formulates policies and planning which he shares with the board and reviews them and if they are workable they are implemented to the organization. The CEO also decides and guides the courses of actions in operation by the staff. The executive officer ensures that the staff are doing what is expected of them and producing the results that are expected.
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The CEO acts as the main manager of the organization. He is the one who oversees the operations of the organization and ensures that things are done the way they are supposed to be done. The work of a CEO or to ensure that there is maximum profit and minimize the cost of production. The manager also ensures that the human resource of the organization is well taken care of in terms of compensation and their working environment comfortable for them. The CEO ensures that the human resource the organization is well managed in terms of how they are compensated and their working environment.
The CEO also acts as a board developer in the organization. The CEO assist in the selection and evaluation of board members who will sit in the board meeting to make decisions. The work of the CEO also comes in hand in making recommendations supporting board during orientation in self-evaluation in the organization.