Functions And Responsibilities Of The CEO Of A Corporation

Oct 18

Responsibilities Of The Chief Executive

The CEO advises the Board of Directors.
Encourages organizational and stakeholder transformation in order to further the organization's goal.
Inspires enthusiasm among employees for the company's products, activities, and operations.

Those In Charge Of Decisions

Recommends planning and policy changes to the board of directors.
The staff manager makes or coordinates operational decisions.
Oversees the organization's activities and executes strategies.
Manages the human resources of the company.
Controls and organizes resources, both material and financial.

The Creator Of A Board

Helps in the evaluation and selection of board members. During orientation and self-evaluation, offers advice and support to the Board of Directors.
Bolsters the Board's evaluation of the Chief Executive Officer's duties.

There is no standard list of the main duties and tasks performed by any chief executive officer. The key responsibilities often covered by chief executive officer job descriptions are shown below. This list is intended to reflect one perspective.

1. Board Administration And Support
provides assistance to the Board's administration and operations by advising and informing Board members, coordinating with staff, and supporting the Board's evaluation of the chief executive.

2. Program, Product, And Service Delivery
oversees the creation, marketing, promotion, delivery, and quality of programs, products, and services.

3. Control Over Facilities, Taxes, Risk, And Finances
recommends an annual budget to the Board of Directors for approval, manages the organization's resources responsibly within the parameters of that budget, and complies with all applicable rules and regulations.

4. Human Resource Management
controls the organization's human resources efficiently in line with authorized personnel policies and procedures that fully adhere to the rules and legislation in effect at the time.

5. Public Relations And The Community
ensures that the organization's goals, initiatives, products, and services are consistently and favorably communicated to key stakeholders.

6. Fundraising (Nonprofit-Specific)
oversees fundraising strategy and execution, which involves identifying resource requirements, looking for funding options, coming up with approaches to donors, submitting bids, and keeping track of paperwork and records.