Difference between revisions of "Chief Executive"

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[[File:lighterstill.jpg]][[File:Ceo_times3.jpg|right|frame]]
 
[[File:lighterstill.jpg]][[File:Ceo_times3.jpg|right|frame]]
  
*Date: [http://www.wikipedia.org/wiki/18th_Century 1793]
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*Date: [https://www.wikipedia.org/wiki/18th_Century 1793]
 
==Definitions==
 
==Definitions==
 
*a principal executive: as  
 
*a principal executive: as  
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===CEO===
 
===CEO===
 
*Etymology: chief executive officer
 
*Etymology: chief executive officer
*Date: [http://www.wikipedia.org/wiki/1975 1975]
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*Date: [https://www.wikipedia.org/wiki/1975 1975]
 
*the executive with the chief [[decision]]-making [[authority]] in an [[organization]] or [[business]]
 
*the executive with the chief [[decision]]-making [[authority]] in an [[organization]] or [[business]]
  
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* For corporations, the CEO primarily [[coordinates]] external [[initiative]]s at a high level. As there are many other c-level executives (e.g. [[marketing]], [[information]], [[technical]], [[financial]] etc.), seldom do corporate CEOs have low-level [[functions]].
 
* For corporations, the CEO primarily [[coordinates]] external [[initiative]]s at a high level. As there are many other c-level executives (e.g. [[marketing]], [[information]], [[technical]], [[financial]] etc.), seldom do corporate CEOs have low-level [[functions]].
  
* For emerging [http://en.wikipedia.org/wiki/Entrepreneurs entrepreneurs], their [[acting]] position as a CEO is much [[different]] than that on the corporate level. As oftentimes other c-level executives are not incorporated in small operations, it is the [[duty]] of the CEO (and sometimes founder) to [[assume]] those positions.
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* For emerging [https://en.wikipedia.org/wiki/Entrepreneurs entrepreneurs], their [[acting]] position as a CEO is much [[different]] than that on the corporate level. As oftentimes other c-level executives are not incorporated in small operations, it is the [[duty]] of the CEO (and sometimes founder) to [[assume]] those positions.
  
 
* Mid-sized companies borrow from corporate and entrepreneurial CEO [[responsibilities]]. There will not be all c-level positions available so the CEO must [[compensate]] for gaps either through [[delegating]] or assuming additional [[responsibility]].
 
* Mid-sized companies borrow from corporate and entrepreneurial CEO [[responsibilities]]. There will not be all c-level positions available so the CEO must [[compensate]] for gaps either through [[delegating]] or assuming additional [[responsibility]].
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In many non-profits, there is a gross [[confusion]] between the Chair of the Board (sometimes referred to as the President of the Board), the Secretary of the Board (also confused with the Secretary of the corporation), and then a Board often times creates the position of Treasurer.
 
In many non-profits, there is a gross [[confusion]] between the Chair of the Board (sometimes referred to as the President of the Board), the Secretary of the Board (also confused with the Secretary of the corporation), and then a Board often times creates the position of Treasurer.
  
Boards should not have Presidents or Treasurers, but Boards and Corporations both need Secretaries. (The source of the word is neat - keeper of the secrets.)[http://en.wikipedia.org/wiki/Chief_executive]
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Boards should not have Presidents or Treasurers, but Boards and Corporations both need Secretaries. (The source of the word is neat - keeper of the secrets.)[https://en.wikipedia.org/wiki/Chief_executive]
  
 
[[Category: General Reference]]
 
[[Category: General Reference]]

Latest revision as of 22:42, 12 December 2020

Lighterstill.jpg

Ceo times3.jpg

Definitions

  • a principal executive: as
a : the president of a republic
b : the governor of a state

CEO

Description

A chief executive officer (CEO) or chief executive is the highest-ranking corporate officer (executive) or administrator in charge of total management of an organization. An individual appointed as CEO of a corporation, company, organization, or agency reports to the board of directors.

Responsibilities

The responsibility of the chief executive officer is to align the company, internally and externally, with their strategic vision. The core duty of a CEO is to facilitate business outside of the company while guiding employees and other executive officers towards a central purpose. The size and sector of the company will dictate the secondary responsibilities. A CEO must have a balance of internal and external initiatives to build a sustainable company.

  • For emerging entrepreneurs, their acting position as a CEO is much different than that on the corporate level. As oftentimes other c-level executives are not incorporated in small operations, it is the duty of the CEO (and sometimes founder) to assume those positions.

In many states, when an organization incorporates it is necessary to specify individuals in the role of President, Treasurer, and Secretary with the proviso that the person nominated as President cannot also hold the position of Treasurer. But often a person can be specified as Secretary/Treasurer.

In many non-profits, there is a gross confusion between the Chair of the Board (sometimes referred to as the President of the Board), the Secretary of the Board (also confused with the Secretary of the corporation), and then a Board often times creates the position of Treasurer.

Boards should not have Presidents or Treasurers, but Boards and Corporations both need Secretaries. (The source of the word is neat - keeper of the secrets.)[1]