ROLE OF A CEO
The Role of the CEO
The CEO is selected and appointed by the Board and reports to the Chairman
The powers and authority of the CEO are delegated by the board. The CEO is responsible for the attainment of the Company’s mission and business growth, profitability and service level objectives through leadership that inspires the people to efficiently and effectively execute strategic, tactical and action plans in accordance with the values that guide their work.
The specific responsibilities that make up the role of the CEO are expanded upon below:-
Relationship with the Board and Chairman
The CEO’s role is to establish a close, effective relationship with the Board and Chairman, interact with the Board to identify and capture new business opportunities, consult with the Chairman regarding the preparation of an annual Board meetings etc
Leadership
The CEO’s role is to provide comprehensive advice and information to the Board, support the Board’s corporate governance activities, implement decisions of the Board etc
Knowledge Sharing and Communications
The CEO’s role is to act as the interface between the Board and staff, ensure Board and staff have accurate, relevant, valid and timely information, interface between the organization and the market place and community etc
Decision Making
The CEO‘s role is to formulate policies and planning recommendations for consideration of the Board, take and/or approve all actions and initiatives required to implement decisions of the Board, allocate resources within the organization etc
Programme, Product and Service Delivery
The CEO’s role is to approve and oversee the design, manufacture, promotion, delivery and quality of programmes, products and services, acquire sufficient resources and capabilities for the organization’s operations and finance the products and services adequately etc
Strategic Management
The CEO’s role is to drive the development and implementation of strategic, tactical and action plans, oversee operations of organization and ensure these are aligned with and comply with the Board approved corporate strategy, mission, values etc
Human Resource Management
The CEO’s role is to ensure the effective management of the organization’s people according to the authorized personnel policies and procedures that fully conform to current laws and regulations, encourage co-operation and collaboration, attract and retain people with the skills, competencies, attributes, qualities and characteristics to meet existing and future organizational requirements etc
Financial, Tax, Risk and Facilities Management
The CEO’s role is to recommend yearly recurring and capital expenditure budgets for Board approval, manage the organization’s resources efficiently and effectively and in accordance with the strategic plan, annual budget, laws and regulations etc
BASIC TRAINING TOPICS IDEAL FOR THE BOARD MEMBERS OF A COMPANY
Advanced Selection, Interviewing & Recruitment
Building a High Performance Board
Improving Public Sector Performance Process
Maximize Personal Productivity and Positive Thinking
Critical Thinking, Creativity & Innovation in Leadership
How to set Priorities, Manage Time and Reduce Stress
Job Evaluation & Analysis
Risk Management in HR
Role of HR in Corporate Governance
Essentials of Balanced Score Card BSC
Corporate Governance & Risk Management for States and Local Government
Mastering People Management & Team Leadership
Analyzing Feasibility Studies & Business Planning for Directors
Leading and Influencing Change in the Public Sector
Diversity, Equity and Inclusiveness in the workplace
The CEO as chief executive officer of the company is the highest-ranking executive of the company and responsible for the overall success of the business, including the vision, mission, direction and overall strategy.
Responsibility
The CEO is responsible for making major corporate decisions, managing overall operations, and setting the company’s strategic direction
Accountability
The CEO is accountable to the board of directors or stakeholders of the company and are often the public face of the organization.