What is the full form of CEO?
The CEO full form is the Chief Executive Officer. The chief executive officer represents the highest position in a corporation or organization and is responsible for management and administration. CEO is the most senior administrative or executive officer responsible for the company’s overall operations and revenue. The organization’s CEO reports directly to the Chairman or Board of Directors.
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The CEO is accountable for implementing policies and supporting, motivating, and inspiring personnel to effect change. CEOs must possess a tremendous level of work ethic, expertise, and business networking knowledge. In the not-for-profit and government sectors, chief executive officers often aim to achieve objectives linked to the organization’s mission, such as poverty reduction, greater literacy, etc.
Eligibility requirements
- There is no requirement for an identical and thorough educational degree for the position of CEO in any company or organization.
- The board of directors of a corporation or organization selects the chief executive officer (CEO).
- It is well-noticed that many CEOs have degrees in science, law, or engineering.
Key CEO responsibilities
- Every key corporate decision is made by the CEO.
- He creates a consistent operational and working environment.
- He encourages, stimulates, and inspires the personnel of the business or organization.
- A chief executive officer is modifying policy, tactics, and company strategy.
- He oversees all business operations.
- He assigns subordinate tasks and responsibilities.
- The CEO supports in the recruitment of Council members.
- The CEO advises or recommends an annual budget that rationally and sensibly oversees and manages the organization’s capital.
