Roles And Responsibilities Of Ceo


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Roles And Responsibilities Of Ceo

  1. 1. Roles and Responsibilities of CEO Presented by: Avtar Singh
  2. 2. Chief Executive Officer (CEO ) “ The Chief Executive Officer (CEO) is the officer who has ultimate management responsibility for an organization. The CEO reports directly to the Board of Directors and appoints other managers…to assist in carrying out the responsibilities of the organization.”
  3. 3. Functions : <ul><li>To implement the strategic goals and objectives of the organization </li></ul><ul><li>Enable the Board of Directors to fulfill its governance function </li></ul><ul><li>To give direction and leadership toward the achievement of the organization’s philosophy, mission, strategy, and its annual goals and objectives </li></ul>
  4. 4. Major Functions / Accountabilities : <ul><li>Board Administration and Support — Supports operations and administration of Board by advising and informing the Board of Directors, interfacing between Board and staff, and supporting Board’s evaluation of chief executive </li></ul><ul><li>Program, Product and Service Delivery- - Oversees </li></ul><ul><li>design, marketing, promotion, delivery and quality </li></ul><ul><li>of programs, products and services </li></ul><ul><li>Financial, Tax, Risk and Facilities Management — Recommends yearly budget for Board approval and prudently manage organization’s resources within those budget guidelines according to current laws and regulations </li></ul>
  5. 5. <ul><li>Merger / Acquisition / Investment decesion- </li></ul><ul><li>If decision is to sell the company, establish price and terms . </li></ul><ul><li>Community and Public Relations — Assures the organization and its mission, programs, products and services are consistently presented in strong, positive image to relevant stakeholders </li></ul><ul><li>Fundraising — Oversees fundraising planning and </li></ul><ul><li>implementation, including identifying resource </li></ul><ul><li>requirements, researching funding sources, establishing </li></ul><ul><li>strategies to approach funders, submitting proposals and </li></ul><ul><li>administrating fundraising records and documentation </li></ul>
  6. 6. <ul><li>LEADER: </li></ul><ul><li>Advises the Board </li></ul><ul><li>Advocates / promotes organization and stakeholder change related to organization mission </li></ul><ul><li>Supports motivation of employees in organization products/programs and operations </li></ul><ul><li>VISIONARY / INFORMATION BEARER: </li></ul><ul><li>Ensures staff and Board have sufficient and up-to-date information </li></ul><ul><li>Looks to the future for change opportunities </li></ul><ul><li>Interfaces between Board and employees </li></ul><ul><li>Interfaces between organization and community </li></ul>
  7. 7. <ul><li>DECISION MAKER: </li></ul><ul><li>Formulates policies and planning recommendations to the Board </li></ul><ul><li>Decides or guides courses of action in operations by staff </li></ul><ul><li>MANAGER: </li></ul><ul><li>Oversees operations of organization </li></ul><ul><li>Implements plans </li></ul><ul><li>Manages human resources of organization </li></ul><ul><li>Manages financial and physical resources </li></ul><ul><li>BOARD DEVELOPER: </li></ul><ul><li>Assists in the selection and evaluation of board members </li></ul><ul><li>Makes recommendations, supports Board during orientation and self-evaluation </li></ul>
  8. 8. Responsibilities of CEO <ul><li>1. Executive Leadershp and Strategic Vision </li></ul><ul><li>CEO articulate strategic vision. </li></ul><ul><li>CEO presents a role </li></ul><ul><li>CEO communicates high performance standards and also shows confidence in the followeres abilities. </li></ul>2. Manage the strategic planning process
  9. 9. Time Management for CEOs <ul><li>Categorize tasks into ABC </li></ul><ul><li>A = Most Urgent and important tasks needing personal attention of CEO </li></ul><ul><li>B = Not so important tasks which could be handled by others also </li></ul><ul><li>C = Not important now but may become A or B category tasks later </li></ul>
  10. 10. CEO’s Time Management Tasks Preferred Time % Actual Time % Strategy Monitoring Performance Leadership Stake Holders People Development 35 15 30 10 10 10 45 15 35 05