CEO is a initials of the English language that comes from the expression Chief Executive Officer (which can be translated as Chief Executive Officer ). The concept refers to position which holds the person who has the greatest managerial responsibility in a company.
A CEO therefore it is a CEO , a Managing Director , a managing Director or a CEO . The denomination may vary according to country Yet the company , but always refers to the one who is the maximum responsible of the administration and management of an entity.
Small and medium enterprises (SMEs ), usually do not have a CEO since the director or President It is usually the owner or, at least, the same person. In larger companies, on the other hand, there is usually one person in charge of general (corporate) issues and another who is responsible for the administrative and strategic operations of each day.
In the hierarchy corporate CEO It usually has several directors as subordinates, who have responsibility in specific areas. He CEO , in this context, it is to whom they should respond CFO , he operational director and other managers.
It is important to establish that there are a number of qualities and characteristics that every CEO must have in order to get the company on the best path. We are referring to aspects such as the following:
-It is essential that you have the capacity and ability to know the strengths of each employee and take steps to consolidate and improve them. And that improvement will have a positive impact on the entire company.
-You have to be a respectful person with everyone, even if in the organizational chart of the business you are in the highest part.
-It must be loyal to both the company and the workforce that make it up.
-It has to be someone educated, who bets on dialogue and who knows how to make each employee feel integrated into the company as a whole.
-Not less important is that you have to have the ability to recognize and maintain perfectly what are the objectives that the company wants to achieve both in the short and medium or long term.
-It also has to be someone with enough strength not to give up when an adversity takes place. You must be able to assume the situation and reflect and know what are the best measures that can be taken to overcome it.
It is important to note that the CEO develops internal and external functions. Internally, design strategies which communicates to the rest of the workers, hires new employees and supervises the different corporate processes. Also the CEO You must inform various stakeholders of the company to external actors, such as information about your achievements and your goals. He CEO In this sense, you can develop reports for shareholders or investors.
In addition to all of the above, we must emphasize that CEO is the acronym for different entities and organizations such as the Center for Opinion Studies of Catalonia, the Confederation of Business of Orense and the Olympic Training Center of Chile.