Full form of CEO
"Chief Executive Officer" is the full form of CEO. CEO refers to a senior position in a company or organization and is in charge of management and administration. The chief executive officer is probably the most senior administrative or executive officer concerned with managing the company and its revenues. The organization's CEO reports directly to the chairman or board of directors.
The CEO is responsible for creating change by applying policies and encouraging, motivating, and inspiring employees. Being a CEO requires a great work ethic, experience, and knowledge of business networking. In non-profit and government divisions, CEOs typically strive to achieve outcomes related to the company's purpose, such as reducing poverty, increasing literacy, etc.
Key Responsibilities of the CEO
- A CEO makes each significant business decision.
- He provides a stable working and operating environment.
- He supports, motivates, and inspires the employees of the company or enterprise.
- A CEO is making changes in policy, tactics, and business strategy.
- He leads all the business activities.
- He assigns the roles and duties to its subofficers.
- The CEO assists with recruiting members of the Council.
- The CEO advises or recommends a yearly budget, which controls and manages the organization’s capital intelligently and sensibly.
How to become a successful CEO?
- Be highly patient
- Have high qualifications
- Have expertise in your interest
- Be calm
- Be skillful
- Have leadership qualities
- Must have wisdom
- Must be able to solve critical problems
- Must have a degree (be it an MDA degree or a technical degree)
- He must be soulful and honest
Education Qualification for CEO
- No specific educational qualification is required to become a CEO of any company or organization.
- This post is appointed by the board of directors, as it is the top position in the company.
- It is measured that, generally, most CEOs are MDA or have technical degrees such as law or engineering.