Chief Executive Officer (CEO) Is: Definition, Role, Duties, Skills and How to Achieve Them

Who does not know the term CEO? This position is certainly familiar to everyone who works in the company.

The CEO is the leader who determines the success or failure of the company. In addition, the CEO has a great influence on the company's reputation. Therefore, these positions must be filled by selected people. 

But what is a CEO? Learn more about this position. Who knows, one day you may realize your dream of becoming a CEO. Let's take a look at the article below!

What is a CEO?

CEO is an abbreviation of Chief Executive Officer, the company's highest position in charge of making various decisions for the company's sustainable development, and not only that, the CEO's job is also to manage the company's business.

It's no wonder that the position of CEO is one of the most difficult positions for people with a lot of big responsibilities, because they have to bring qualified qualities and apart from that the roles of the two CEOs are also the face of the company itself.

The CEO not only communicates various company policies to the company's top executives, but is also responsible for communicating them to the general public, so it's no wonder that some well-known CEOs are known in the wider community.

The bigger the company, the bigger the responsibility, and then we as CEO make decisions that affect the development of the company and current business policies.

What are the Main Roles of a CEO in a Company?

Usually, the CEO is responsible for leading, motivating, and developing the team so that the business stays in line with the company's strategy, vision, and mission. However, the role of the CEO is not necessarily the same in all companies. This is adjusted to the size, culture and structure of the company.

In large companies, the CEO is usually only concerned with high-level strategic decisions and everything related to the company's growth. For example, business strategic planning and operational decision making by top management. In small companies, the CEO is often more active and involved in day-to-day operations. For example, participating in staffing, creating jobs for the team, and so on.

Basically, the CEO is more involved in strategic matters, such as meetings with managers or other meetings.

According to a Harvard Business School study, CEOs spend 72% of their workday in meetings. Usually, various plans and strategies result from these meetings to further develop and adapt the business model.

The CEO is also considered the face of the company he leads. No wonder the CEO has a wide social circle and many people know him.

For example, Elon Musk is synonymous with Tesla. As seen in the media, Elon Musk often gives interviews, appears on radio and television, and attends local events (seminars). This shows that the CEO does not only work within the corporate environment, but also needs to build a good image in the eyes of the public.

Duties of a CEO

In running the company, the CEO is burdened with several tasks that must be fulfilled, some of his duties include:

• The first task is to create, communicate and implement the vision, mission and goals of the organization or company to all employees.
• Lead the development and implementation of corporate strategy.
• Communication with the Management Board about the development of the company.
• Let's look at the evolution of the company's operations.
• Seeing opportunities to collaborate with several other companies with the same goal. 
• Representing the company in community affairs and communicating with various stakeholders, both central and local government.
• Build good relationships with other CEOs to build company credibility and reputation and develop leadership skills.

Skills to be mastered

Of course, for those of you who want to become a CEO in the future, you must master the following skills so you can become a good CEO in the future. Here are some skills: 

• Have good interpersonal skills
• Have analytical skills
• Have leadership or management skills
• Have leadership qualities
• Have good public speaking skills

How to become a CEO

To become a CEO you don't need to worry because here we provide a discussion on how to become a CEO. Here are the steps you need to prepare.

1. higher education

The first way to become a CEO is to have broad and in-depth knowledge and high education. One of the requirements for becoming a CEO is a high level of education, unlike being a business founder.

Therefore, for those of you who aspire to become a CEO, you need to ensure that you currently have extensive business knowledge in particular and higher education that supports your expertise. 

2. Career Journey

The path to the next CEO is a good career, a CEO of course is someone who has work experience and good problem solving skills.

Of course, to prove it, you have to prove it through working in various positions. So, with that, you can be promoted and occupy a higher position as CEO.

3. Character or Personality

Of course, besides being seen from work and career, to become a CEO one must also have good character or personality. You don't have to be someone else to be liked, but you do have to have a personality that doesn't harm others.

You have to change the way you treat people for the better because later becoming a CEO is not easy because you will take care of many employees in a company. By building character and personality, as much as possible you can complete these different steps and increase your chances of becoming a CEO.

Thus the information about the CEO that we can describe for you. Hope it is useful!