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Become A Chief Executive Officer

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Working As A Chief Executive Officer

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Communicating with Persons Outside Organization
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $172,500

    Average Salary

What Does A Chief Executive Officer Do

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Duties

Top executives typically do the following:

  • Establish and carry out departmental or organizational goals, policies, and procedures
  • Direct and oversee an organization’s financial and budgetary activities
  • Manage general activities related to making products and providing services
  • Consult with other executives, staff, and board members about general operations
  • Negotiate or approve contracts and agreements
  • Appoint department heads and managers
  • Analyze financial statements, sales reports, and other performance indicators
  • Identify places to cut costs and to improve performance, policies, and programs

The responsibilities of top executives largely depend on an organization’s size. For example, an owner or manager of a small organization, such as an independent retail store, often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties. In large organizations, however, top executives typically focus more on formulating policies and strategic planning, while general and operations managers direct day-to-day operations.

The following are examples of types of top executives working in the private sector:

Chief executive officers (CEOs), who are also known by titles such as executive director, managing director, or president, provide overall direction for companies and organizations. CEOs manage company operations, formulate and implement policies, and ensure goals are met. They collaborate with and direct the work of other top executives and typically report to a board of directors.

Chief operating officers (COOs) oversee other executives who direct the activities of various departments, such as human resources and sales. They also carry out the organization’s guidelines on a day-to-day basis.

General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration. Responsibilities may include formulating policies, managing daily operations, and planning the use of materials and human resources. They make staff schedules, assign work, and ensure that projects are completed. In some organizations, the tasks of chief executive officers may overlap with those of general and operations managers.

The following are examples of types of top executives working in the public sector:

Mayors, along with governors, city managers, and county administrators, are chief executive officers of governments. They typically oversee budgets, programs, and the use of resources. Mayors and governors must be elected to office, whereas managers and administrators are typically appointed. 

Most educational systems, regardless of whether they are public or private school systems, also employ executive officers. The following are examples of top executives working in the elementary, secondary, and postsecondary educational school systems:

School superintendents and college or university presidents are chief executive officers of school districts and postsecondary schools. They manage issues such as student achievement, budgets and resources, general operations, and relations with government agencies and other stakeholders.

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How To Become A Chief Executive Officer

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.

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Chief Executive Officer jobs

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Average Length of Employment
President/Owner 7.8 years
Managing Partner 5.0 years
Executive Director 4.4 years
Managing Director 4.4 years
Vice President 4.3 years
President 3.9 years
Director 3.7 years
Division Director 3.5 years
Top Employers Before
President 5.8%
Director 4.8%
Manager 4.6%
Internship 4.4%
Consultant 4.2%
Top Employers After
Consultant 6.8%
President 6.5%
Owner 4.6%
Director 4.2%
Manager 3.6%
Principal 2.8%

Chief Executive Officer Demographics

Gender

Male

53.6%

Female

43.7%

Unknown

2.7%
Ethnicity

White

79.0%

Hispanic or Latino

9.8%

Asian

8.2%

Unknown

2.1%

Black or African American

0.8%
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Languages Spoken

Spanish

42.4%

French

14.6%

German

5.7%

Italian

5.2%

Chinese

4.8%

Mandarin

4.1%

Russian

3.9%

Portuguese

3.9%

Arabic

3.3%

Japanese

2.8%

Korean

1.9%

Hindi

1.1%

Hebrew

1.1%

Cantonese

1.0%

Vietnamese

0.8%

Armenian

0.7%

Urdu

0.7%

Swedish

0.7%

Persian

0.7%

Polish

0.6%
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Chief Executive Officer Education

Schools

University of Phoenix

19.6%

New York University

6.7%

Harvard University

5.7%

University of Southern California

5.5%

Liberty University

5.1%

University of Texas at Austin

4.5%

Michigan State University

4.3%

George Washington University

4.3%

Arizona State University

4.1%

University of Houston

3.8%

Northeastern University

3.8%

Capella University

3.8%

Temple University

3.7%

University of Arizona

3.7%

Florida State University

3.6%

Boston University

3.6%

University of California - Los Angeles

3.6%

Cornell University

3.6%

Walden University

3.5%

Georgia State University

3.5%
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Majors

Business

34.8%

Management

6.1%

Marketing

5.8%

Finance

5.6%

Communication

4.8%

Psychology

4.8%

Accounting

4.5%

Computer Science

3.6%

Education

3.3%

Law

3.0%

Health Care Administration

3.0%

Political Science

2.9%

Nursing

2.8%

Criminal Justice

2.6%

English

2.4%

Economics

2.2%

Electrical Engineering

2.1%

Graphic Design

1.9%

Human Resources Management

1.9%

Liberal Arts

1.8%
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Degrees

Bachelors

35.7%

Masters

25.5%

Other

22.2%

Associate

6.4%

Doctorate

5.2%

Certificate

3.8%

Diploma

0.9%

License

0.3%
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Job type you want
Full Time
Part Time
Internship
Temporary

Real Chief Executive Officer Salaries

Job Title Company Location Start Date Salary
KFC Global CEO Yum! Restaurants International, Inc. Plano, TX Jan 12, 2016 $800,000
Chief Executive Officer Fila U.S.A., Inc. MD Sep 30, 2015 $720,620
Chief Executive Officer Fila U.S.A., Inc. New York, NY Sep 30, 2015 $720,620
Chief Executive Officer (CEO) LNG Management Services LLC Houston, TX Jun 22, 2015 $691,508 -
$741,508
Chief Executive Officer Stillwater Mining Company Billings, MT Sep 05, 2015 $660,000
Chief Executive Officer Act, Inc. Iowa City, IA Sep 19, 2015 $620,000
Chief Executive Officer Act, Inc. Iowa City, IA Sep 09, 2015 $620,000
CEO Excel Trust, Inc. San Diego, CA Apr 18, 2016 $600,000
Chief Executive Officer Exclusive Resorts, LLC Denver, CO Sep 05, 2015 $600,000
Chief Executive Officer Parnell Corporate Services Us Inc. Overland Park, KS Dec 01, 2016 $586,457
Chief Executive Officer Aviagen, Inc. Huntsville, AL Sep 29, 2016 $550,000
Chief Executive Officer DTP Comm DEV, LLC Las Vegas, NV Apr 01, 2016 $500,000
Chief Executive Officer Parallels Inc. Renton, WA Jul 27, 2015 $500,000
Chief Executive Officer Rocky Mountain Institute Boulder, CO Feb 09, 2015 $230,000 -
$350,000
Chief Executive Officer Sforzando, Inc. San Francisco, CA Sep 11, 2015 $230,000
Chief Executive Officer Nurobot, Inc. San Jose, CA Jul 10, 2016 $229,570 -
$250,440
Chief Executive Officer Hydrx Solutions LLC Houston, TX Feb 15, 2016 $228,946 -
$240,000
Chief Executive Officer Applied Biomimetic Inc. Cincinnati, OH Jan 15, 2015 $226,824
CEO Produced Water Absorbents, Inc. Houston, TX Mar 09, 2015 $226,283
Chief Executive Officer California Preparatory School Del Rey, CA Jun 01, 2015 $225,000
Chief Executive Officer Lifeskins Inc. Sausalito, CA Sep 01, 2016 $225,000
Chief Executive Officer System Logistics Corporation Grand Rapids, MI Sep 28, 2016 $160,000
Chief Executive Officer Neal Analytics, LLC Bellevue, WA May 12, 2015 $160,000
Chief Executive Siparadigm, LLC Oradell, NJ Oct 01, 2015 $160,000
Chief Executive Siparadigm, LLC Oradell, NJ Aug 01, 2015 $160,000
Chief Executive Officer American Petroleum Partners Holdings, LLC Canonsburg, PA Sep 15, 2015 $160,000
Chief Executive Officer Linekong Us, Inc. Los Altos, CA Jul 09, 2015 $159,182
CEO Abs Trading, Inc. D/B/A Angies Beauty Atlanta, GA Sep 11, 2015 $157,019

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Top Skills for A Chief Executive Officer

FinancialManagementWebStrategicPartnershipsComplianceCustomerServicePayrollTravelArrangementsFacilityBusinessDevelopmentBusinessPlanExpenseReportsSafetyHealthcareOversightInternationalTravelA/PHumanResourcesProjectManagementRealEstateStrategicPlan

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Top Chief Executive Officer Skills

  1. Financial Management
  2. Web
  3. Strategic Partnerships
You can check out examples of real life uses of top skills on resumes here:
  • Experienced in client acquisition/management, recruiting, personnel management and financial management.
  • Founded and set the business goal and standards for Website Me LLC.
  • Lead company efforts to develop and secure strategic partnerships to enhance business operations.
  • Designed, and managed the internal audit process to ensure compliance with applicable laws and standards.
  • Developed and maintained exceptional customer service standards.

Top Chief Executive Officer Employers

Chief Executive Officer Videos

ESADE · Georgetown University · Global Executive MBA (GEMBA) · A day in the life

Apple CEO Tim Cook on Career Planning

Role of the CEO Chief Executive Officer

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