The Significance of The CEO
Trading goods and services for money could be referred to as a business. 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.
“What do you want to be when you grow up?” this is one of the questions that pop-up in most children and adults most of the adults find themselves unmotivated and hate their jobs while others find themselves engaged. Among the most successful business executive in this century is Greg Lindberg; he has several companies in his name. Greg Lindberg is hailed for starting and growing a magazine company that grew by leaps and bounds under his auspices. The CEO of a regional telecommunications company, never thought he would become a CEO as he started out in humble beginnings in sales than marketing and changed profession to non-profit sectors as an assistant director. In the course of establishing his businesses, Greg Lindberg was able to acquire new skills and competencies. Listening is one of the attributes he learned that molded him to be a CEO. Their investment size ranges from $1 to $20 million for healthcare & financial sectors, $1 to $40 million for industries & services, marketing & sales and less than $200 million for insurance (revenues under $100 million). They acquire majority stake and provides financing for buyout, growth capital, and corporate divestiture transactions.
To excel in chief executive post one has to be good at all the aspects of the whole job or organization. CEO is the highest ranking executive in a business or corporation. The chief executive officer is usually charged with the role of carrying out a strategic plan. CEO will report to a Board of Directors or another governing board or group of officials who will judge his or her performance and determine whether or not any adjustments in pay and benefits are warranted. In the case of an agency the Chief executive officer is supposed to report to the governor or the president. Where the business organization is owned and run by the chief executive officer there might lack oversight or it might be weak. Making of goals and strategies also involves the chief executive officer; he’s also supposed to implement those goals and strategies.
In most cases, the CEO will also serve as the face of the organization. People who did not attend university or college and who went straight into job market, and a found one they love, they are the lucky ones. To find a job that one loves it’s important that they follow their passion.
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