8+1 tasks of a CEO

One newly appointed CEO asked what he should actually do, because he has a very capable Chief Operating Officer who takes care of the company. CBS Money Watch provides an answer to all CEO's concerned.

  1. CEO defines the vision. Like a captain, he determines the course of the cruise.
  2. Replenishment of critical resources, incl. financial resources, personnel, key partners, technology and everything what the company needs.
  3. CEO creates and adjusts teams. The goal is to hire the best and try to remove those who disrupt the team.
  4. Relationship building and networking.
  5. Gets and encourages feedback. Not only from clients, but also from employees, distributors and business partners.
  6. CEO is an entrepreneur. He attempts to identify the right opportunities and moves the company forward.
  7. Controls finance. He monitors corporate profitability and costs and adjusts margins accordingly.
  8. CEO adds his personal touch. His character and practices are reflected in everything the company does.

A bonus CEO task at the ned? To find the time for all of the above. Otherwise, he or she is not suitable for the position.

 

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Article source CBS MoneyWatch - server of the CBS media group related to management and sales
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