How the chief executive is elected in any organization and what-02359

A chief executive officer (CEO, U.S. English), managing director (MD, UK English), or chief executive is the highest-ranking corporate officer (executive) oradministrator in charge of total management of an organization. An individual appointed as CEO of a corporation, company, organization, or agency reports to theboard of directors.

Many CEOs have the title "president and CEO", which means they are either also the chief operating officer or (especially in the United States) also the president (chairperson) of the board of directors

RESPONSIBILITIES

The responsibility of the chief executive officer is to align the company, internally and externally, with her or his strategic vision. The core duty of a CEO is to facilitate business outside of the company while guiding employees and other executive officers towards a central objective. The size and sector of the company will dictate the secondary responsibilities. A CEO must have a balance of internal and external initiatives to build a sustainable company.

For corporations, the chief executive officer primarily coordinates external initiatives at a high level. As there are many other c-level executives (e.g. marketing, information, technical, financial etc.), seldom do corporate CEOs have low-level functions. For emerging entrepreneurs, their acting position as a CEO is much different than that on the corporate level. As often other c-level executives are not incorporated in small operations, it is the duty of the CEO (and sometimes founder) to assume those positions.

The Chief Executive is elected by Chief Executive Election Committee

Responsibilities of the chief executive officer:

1. 1: Reporting regularly to the Board with appropriate, timely and quality information
2. 2: Informing and consulting the Chairman on all matters of significance to the Board so that the Chairman
3. 3: Developing and delivering the strategic objectives agreed with the Board;