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Chief Executive

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JOB OUTLOOK

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What They Do

Chief Executives Career Video

Insider Info

A CEO is the head of a company, someone who reports only to the board of directors and stockholders. CEOs make all the final decisions. They formulate the policies and direct the operations of corporations, associations and nonprofit organizations.

The goal of a CEO in a private company is to make money for the stockholders and owners. CEOs of nonprofit organizations implement programs to further the organization's cause.

In collaboration with top executives, they establish goals and policies for the company. However, the chief executive officer retains overall accountability.

"The statement, 'It's lonely at the top,' can't even begin to describe this position. Even after you've talked to your senior staff and board of directors, the final decision is ultimately yours. It's not the glamour job that I would have originally considered it," says Cary Howell, CEO of a communications company in Atlanta.

The responsibilities of a CEO vary widely depending on the size of company. In large corporations, high-level executives may be responsible for marketing, sales, promotion, finance and personnel, and then report back to the CEO. In smaller organizations, the CEO may be responsible for any or all of those functions.

CEOs are often provided with a spacious office and secretarial staff. Long hours, including weekends and nights, are the rules. But the hours may be flexible. Travel may be required, as well as attending meetings and conferences.

"My day starts at 4:30 a.m. and sometimes doesn't end. I have been in this office for up to 43 hours straight," says Howell.

Chief executive officers work under intense pressure to reach profit, production and marketing goals. Those in charge of companies that aren't performing well may find their jobs in jeopardy.

"One thing that a successful CEO must do is put people around him that he can trust to get the job done. It's no different in that respect than the president of the United States," adds Howell.

What do companies look for in a potential CEO?

  • Flexibility and general management skills
  • Fiscal management and marketing skills
  • Interpersonal skills
  • Government relations knowledge
  • Human resource management skills
  • Technological knowledge
  • Energy and empathy
  • Leadership characteristics (vision, decisiveness, integrity)

Just the Facts

Want a quick overview of what this career is about?Check out Just the Facts for simple lists of characteristics.

At a Glance

Formulate policies and direct company operations

  • This career is as high as the corporate ladder can take you
  • Long hours are the norm
  • Top-level positions are usually filled by promotion from within

Contact

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    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733

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