Chief executive officer
Executives in charge of administering an organisation, particularly an autonomous legal entity such as a corporation or nonprofit organisation, are referred to as chief executive officers (CEOs), chief administrators (CAs), or simply chief executive (CE). A wide variety of organisations employ CEOs, including public and private businesses as well as nonprofit organisations and even certain government agencies in various capacities (notably state-owned enterprises). An organization's chief executive officer (CEO) is usually responsible to the board of directors and is tasked with increasing the value of the organisation, which may involve increasing its stock price, market share, sales, or some other factor. Typically, CEOs of non-profit and government organisations strive to achieve results that are linked to the purpose of the organisation.
The board of directors of an organisation, or another authority, determines the duties of the company's CEO, based on the business's organisational structure. They may be broad or narrow in scope, and they are usually embodied in a formal delegation of power pertaining to company management. Typical duties include making decisions on company strategy and other important policy problems, serving as a leader, manager, and executor, among other things. In the communicator position, you may be required to communicate with members of the press and the rest of the outside world, as well as with the organization's management and workers; in the decision-making role, you may be required to make high-level choices regarding policy and strategy.
As the ceo of a firm, the CEO is responsible for reporting the state of the business to the board of directors, motivating workers, and driving change within the organisation. As a manager, the CEO is in charge of the organization's day-to-day operations. The CEO is the person who is ultimately responsible for the business choices made by a firm, including those in the areas of operations, marketing, business development, finance, human resources, and so on.
The CEO of a business is not always the owner or the company's top executive. The CEO of a political party is often tasked with fundraising, especially during election campaigns.