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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. For any economic activity to make gains there’s need to invest in it. Businesses are of diverse nature and origin for we have state-owned companies, privately owned businesses, and multinational businesses.

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. Greg Lindberg is hailed for starting and growing a magazine company that grew by leaps and bounds under his auspices. He started out in sales, marketing and changed his profession to an assistant director in the non-profit sector and later becoming a CEO of a regional telecommunications company. He learned new skills and gained new experiences throughout his hustles. To be a great chief executive officer he is could be attributed to his excellent communication and listening skills. 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). In general, everyone knows that the CEO is the boss, but few may know what the job entails on a day-to-day basis. In truth, Greg Lindberg says, the role will differ depending on the size of the business, the personality of the CEO, and the type of industry the business is in.

Being skilled and experienced at the job one is intended to head is an important element. A business organization is usually headed by a chief executive officer. 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. If the CEO is also the founder and owner of the company, there may not be a reporting body at all. Making of goals and strategies also involves the chief executive officer; he’s also supposed to implement those goals and strategies.

He or she may participate in civic and professional association events representing the organization, and he or she may also engage with the media to respond to organizational and industry news. Starting a business before beginning tertiary education could be a good idea. In no time, with perseverance and hard work, they also find a job they love.