The Role of The Chief Executive Officer
A Business can be referred to as an economic activity or an organization where services and goods are exchanged for one another or money. to make a profit, every business requires some form of investments and customers in which its output will be sold on a constant basis. Businesses can be privately owned, non-profit or state-owned.
One of the questions that pop up in the minds of most adults and children is “What do you want to be when you grow up?” Greg Lindberg attained a honors degree in economics from Yale in 1993 and later worked through to become a CEO and own several companies. As a freshman at Yale, he founded Eli Magazine and bootstrapped Eli Research to $5.0 million in revenue without any outside capital. The entrepreneurial journey of Greg Lindberg is long but full of success. In the course of establishing his businesses, Greg Lindberg was able to acquire new skills and competencies. One of the most important lessons he learned throughout that shaped him to be a CEO was he learned to listen The firm seek to trade with companies operating in the fields of healthcare, financial services, insurance, marketing & sales and other industries. They acquire majority stake and provides financing for buyout, growth capital, and corporate divestiture transactions.
Being skilled and experienced at the job one is intended to head is an important element. The leading person in a business organization is the chief executive officer. His or her main initiative is to develop and implement a strategic plan for the organization and ensure that the plan is being integrated into the organization’s operations. The board of directors is the one charged with the role of supervising the chief executive officer in his role of implementing the strategic plan. In the case of an agency the Chief executive officer is supposed to report to the governor or the president. Sometimes it might be tricky in cases whereby the chief executive officer is the owner and the founder of the business company since there might be no oversight body or persons. Whether the CEO reports to a Board of Directors or not, his or her job will be to subdivided and directed to other executive leaders.
In most cases, the CEO will also serve as the face of the organization. For many, it will certainly take a few wrong turns along the way and trial and error. Passion is the greatest driver of businesses and many other ventures.
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