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A good CEO must be able to inspire and motivate their team to work together toward a common goal. They should be able to communicate their vision and mission effectively and be able to lead by example.
Key Highlights. The CEO is the highest-ranking employee within any organization; they report to the Board of Directors. Core responsibilities include setting and executing the organization's strategy, allocating capital, and building and overseeing the executive team.
The CEO is responsible for providing strategic, financial and operational leadership and will closely coordinate and work with the Board of Directors and senior leadership team.
The difference often (but not always) has to do with the organization's size. While most small companies are run by an owner, larger companies usually have a CEO as its highest-level executive in charge. The owner has sole proprietorship of the company and can also be the CEO.
Although our respondents come from different continents, countries, industries and types of companies, they all emphasised four essential roles of a CEO: envisioning; nominating; enabling and managing crisis. They also shared specific practices ? iterative behaviour strategies ? that help them play these roles.
Key Highlights. The CEO is the highest-ranking employee within any organization; they report to the Board of Directors. Core responsibilities include setting and executing the organization's strategy, allocating capital, and building and overseeing the executive team.