JOB DESRIPTION OF CEO

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JOB DESRIPTION OF CEO

  1. 1. JOB DESCRIPTION OF CEO IN 3 DIFFERENT SECTORS CEO (Chief Executive Officer) Automotive Industry Job Description Managing entire operations of 8 to 10 plants at different location in the Country. (Production, Quality, Maintenance, Plant Engineering, Innovation, Purchase, Finance & IT, HR, Supply Chain, Sustainability etc) Industry: Automobile / Auto Ancillary / Auto Components Functional Area: Top Management Role: CEO/MD/Director Report to: board of directors Experience: 20 to 25 yrs. Desired Candidate Profile Education: (UG - B.Tech/B.E. - Mechanical) OR (PG - CA) AND (Doctorate - Any Doctorate - Any Specialization, Doctorate Not Required) Must be B.E./B.Tech in Mechanical from a reputed Institute. Also CA can apply if handled overall operation of minimum 5 to 6 plants from the Automotive/Automobile Industry. MBA BE/ BTech JOB SUMMARY Provide leadership to position the company at the forefront of the industry. Develop a strategic plan to advance the company's mission and objectives and to promote revenue, profitability and growth as an organization. Oversee company operations to insure production efficiency, quality, service, and cost-effective management of resources. To provide strategic direction for the growth in the different verticals connected with the automobile industry like new vehicles sales, service, parts, used cars & TBA for the organization operations of a large business group. Major Responsibilities 1. Provide leadership in the development of the organization’s Vision, Mission and Goals. 2. Convert Vision into specific actionable Strategies, Plan, Policies and Budgets for development of Auto Sector Skills as per the expectations of the Board. 3. Ensure the development of Plans, Priorities, Performance Measurements, Management controls and Critical Success factors. 4. Review approved plans and budgets as part of the planning and budgeting cycles and present recommendations to the Board of Directors and/or the appropriate committees. 5. Propose agendas for the Board of Directors reflecting Issues, Opportunities and Priorities.
  2. 2. 6. Promote organization amongst all stakeholders and achieve collaborations for its effective working. 7. Lead & direct the programs of organization in line with its Vision and Mission. 8. Interfaces between Board and all stakeholders 9. Maintain the necessary contacts to keep abreast with the emerging issues of significance in the Auto Industry. 10. Act as the spokesperson and ambassador of organization to relevant organizations, both national and international. SKILL REQUIREMENTS • Strategic orientation • Business acumen • Leadership • Collaboration • Interpersonal skills • Written & verbal Communication skills • Motivate employees • Decision making • Negotiating skills • Training and Teaching CEO AT HOTELS INDUSTRY POSITION: CHIEF EXECUTIVE OFFICER Industry: Travel / Hotels / Restaurants / Airlines / Railways Functional Area: Hotels, Restaurants Role Category: Senior Management Role: CEO/MD/Director Key skills: CEO, Hotel, planning, policies, branding, sales, marketing, quality assurance, strategic planning Qualification: Management Graduate with Hotel Degree Experience: 20 – 25 years of experience in the hotel industry Reports: to the BOARD OF DIRECTORS on the performance of General Manager, subordinate directors and operations managers. Job role: • • • Preeminent hospitality professional with proven ability to direct the operations of a leading hotel chain. Participates in planning, developing and implementing the company’s policies and goals. Participates in selecting key personnel for the business.
  3. 3. • Promotes the company’s products and services in order to capture greater market share or to develop new markets, and obtain and/or maintain competitive position in industry. • Assists in analyzing division or department budget requests to identify areas in which cost savings can be achieved. • Directs changes in operating policy, procedures, programs or new directions. • Directly involved in company’s overall business development i.e. branding and image building, upcoming projects supervision, quality assurance, training, marketing etc., • Requires an in-depth knowledge of the hotel business of strategic planning, goal definition, and high volume sales and marketing techniques. • Requires knowledge and understanding of core areas of the business to include finance, operations, business development and human resources. Professional skills • Excellent written English and copy-writing skills. • Proficiency in Word, Excel, PowerPoint. • Experience with several hotel operation systems • Skillful in project planning/ tasks and able to prioritize projects/ tasks. Personal skills: • Highly managerial capacities • Highly organized and efficient individual • Pro-active and result driven Flexible • Both team player and captain (hands-on) • Ability to adapt vision and proven flexibility Other Benefits: Family Furnished accommodation + Car + all expat benefits CEO AT BANKING INDUSTRY Bank CEO Job profile and description
  4. 4. The job of a chief executive officer is very comprehensive at the same time very responsible. A CEO has the duty of the execution regarding all operations of the bank. A CEO is responsible for making decisions, further expansions, and changes in work strategy. The person should have experience in various sectors and levels of banking industry and has to have an in depth knowledge about the operations at all levels in the bank. Bank CEO Duties and responsibilities The CEO is head of the operations of the bank and so, it is his duty to oversee all aspects of management. Some of those duties and responsibilities are as follows: • • • • • • • A bank CEO has the prime duty to formulate the operational policies and strategies for the bank according to the situation. He or she will be needed to set the goals and objectives as well as formulate deadlines for them He or she has the duty to oversee all the work regarding financial transactions and other important functions so has to formulate the rules and regulations in the bank He or she has to utilize the resources as much as possible by coordinating them to attain the formulated goals It will be also the duty to collaborate with the shareholders for releasing company reports He or she will have to update all the financial data of the company with accuracy. It will be the duty to monitor all the functions of various departments of the bank to ensure that if they are working on the right track Bank CEO Skills and specifications The skills and specifications required in a candidate to do the job of bank CEO are as follows: • • • • • • The most important requirement in the candidate is the exceptional leadership and supervisory skills. He or she should be able to do the work of analyzing so should have the Excellent analysis, observation and decision making skills. He or she should have extraordinary and excellent communication skills both written and verbal. He or she should have acumen for the sector and also deep and thorough knowledge about federal and state regulations Should have well all round knowledge and experience in banking operations with in depth understanding of various banking products & services. Excellent leadership and communication skills Bank CEO Education and qualification
  5. 5. • • The basic degree required for the job in a candidate is a masters degree in finance and management is essential for a CEO 12-15 years working experience in various sectors of banking Report to: board of directors SIMILARITIES AND DISSIMILARITIES IN CEO JOB DESCRIPTION BETWEEN 3 DIFFERENT SECTORS  SIMILARITIES:  all 3 sector required master degree in related field  CEO must have knowledge of all organization operations and departments  functional area for the entire 3 sector is in top management  The entire 3 sector CEO must have the skills of leadership, verbal and written communication skill, decision making skill, strategic planning.  Manage the entire organization operations; participate in planning developing and implementing company’s policies, strategies and goals, mission and vision.  The CEO of all the 3 sectors works with other high-level executives to determine the strategy of the company.  This position sets the overall direction of the company.  CEO of the three sectors typically reports to a board of directors, who oversee the activities of the executive team.  The CEO, along with other executives, manages the organizational budget and resource utilization.  This position also delegates tasks to employees within the company including other executives, management staff and individual contributors.  The CEO also creates policies for the organization and communicates them to the staff.  This position may also have financial management and accounting responsibilities.  CEOs set a budget for the company and oversee investment planning. CEOs evaluate all projects and determine their value to the company.  DISSIMILARITIES:  By comparing the entire 3 sector, the automobile and hotel industry required more working experience then banking industry.  Automobile and hotel industry required 20-25 years of experience for CEO post whereas banking sector required less experience of 12-15 year.
  6. 6.  In automobile and hotel sector CEO do not need to have knowledge of federal and state regularities whereas CEO of banking sector must have knowledge about federal and state regularities  Difference in the three sectors could be that CEO of banking sector requires knowledge of various banking product and services. CEO of hotel sector requires an in-depth knowledge of the hotel business of strategic planning, goal definition, and high volume sales and marketing techniques. Whereas the CEO of automobile industry must have knowledge of Production, Quality, Maintenance, Plant Engineering, Innovation, Purchase, Finance & IT, HR, Supply Chain, Sustainability.  Depending on the size of the company, the CEO of all three sectors may have additional job responsibilities
  7. 7.  In automobile and hotel sector CEO do not need to have knowledge of federal and state regularities whereas CEO of banking sector must have knowledge about federal and state regularities  Difference in the three sectors could be that CEO of banking sector requires knowledge of various banking product and services. CEO of hotel sector requires an in-depth knowledge of the hotel business of strategic planning, goal definition, and high volume sales and marketing techniques. Whereas the CEO of automobile industry must have knowledge of Production, Quality, Maintenance, Plant Engineering, Innovation, Purchase, Finance & IT, HR, Supply Chain, Sustainability.  Depending on the size of the company, the CEO of all three sectors may have additional job responsibilities

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