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Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience.Education
Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).
College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.
Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.Work Experience in a Related Occupation
Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.
Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.
Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.Important Qualities
Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.
Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.
Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.
Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.
Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.
Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.
|Job Title||Company||Location||Start Date||Salary|
|Area Specialty Care Director-Latin America||Abbvie Inc.||North Chicago, IL||Jul 09, 2016||$238,000|
|Area Legal Director, Latin America||Astrazeneca Pharmaceuticals LP||Wilmington, DE||Dec 18, 2015||$217,000|
|Area Specialty Care Director-Latin America||Abbvie Inc.||North Chicago, IL||Sep 07, 2013||$210,000|
|Area Specialty Care Director-Latin America||Abbvie Inc.||North Chicago, IL||Mar 28, 2016||$200,000 -
|Area Legal Director, Latin America||Astrazeneca Pharmaceuticals LP||Wilmington, DE||Sep 08, 2015||$198,550 -
|Area HCV Director Latin America||Abbvie Inc.||North Chicago, IL||Sep 21, 2016||$191,889|
|Director, Medical Therapeutic Area Leader||CSL Behring||King of Prussia, PA||May 28, 2015||$190,000 -
|Area HCV Director Latin America||Abbvie Inc.||North Chicago, IL||Jan 06, 2016||$185,000 -
|Director, Mature Product Therapeutic Area||Bristol-Myers Squibb Company||Princeton, NJ||Sep 15, 2012||$185,000|
|Area Director||Perfecto Mobile Inc.||Woburn, MA||Sep 15, 2015||$180,000|
|Area HCV Director||Abbvie Inc.||North Chicago, IL||Sep 21, 2013||$180,000|
|Area Director||L&T Technology Services Limited||Plano, TX||Sep 19, 2016||$160,000|
|Area Legal Director, Latin America||Astrazeneca Pharmaceuticals LP||Wilmington, DE||Sep 10, 2014||$155,000 -
|Area Director, Aftermarket||Terex Corporation||Southaven, MS||Jul 13, 2010||$155,000|
|Business Area Director/Energy||International Resources Group||Alexandria, VA||Sep 17, 2014||$154,470 -
|Area Director-Marketing||World Wide Sires, Ltd||Visalia, CA||Jul 30, 2015||$153,972|
|Area Director||Conmed Corporation||Salem, OR||Apr 24, 2013||$147,609|
|Area Director||L&T Technology Services Limited||Edison, NJ||Sep 15, 2015||$143,880|
|Area Director||Larsen & Toubro Infotech Limited||Edison, NJ||May 16, 2014||$140,000|
|Area Director of Revenue Management||Sajahtera, Inc.||Beverly Hills, CA||Jan 16, 2013||$122,000|
|Practice Area Director||Slalom, LLC||Chicago, IL||Jan 01, 2013||$120,000 -
|Area Director||Rehab Specialists California, LLC||San Mateo, CA||Jun 13, 2016||$120,000|
|Area Director||Meltwater News Us Operations Inc.||Miami Beach, FL||Oct 01, 2010||$120,000|
|Practice Area Director||Slalom LLC||Chicago, IL||Jan 01, 2011||$120,000 -
|Area Director||Genesis Eldercare Rehabilitation Services, Inc.||Andover, MA||Sep 07, 2011||$98,946 -
|Area Director||Genesis Eldercare Rehabilitation Services, Inc.||Andover, MA||Sep 07, 2014||$98,010 -
|Area Director of Revenue Strategy||Bk Lynn Management, LLC||New York, NY||Jan 06, 2016||$96,000|
|Area Director of Revenue Strategy||Bk Lynn Management, LLC||New York, NY||Jul 30, 2016||$96,000|
|Area Director of Revenue Management||Real Hospitality Group LLC||New York, NY||Jul 07, 2014||$92,508|
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