Role and Responsibilities of a Chief Executive Officer

We have leaders as well as followers in all walks of life, not least in the business world. However, when it comes to the position of managing director or CEO India, there is inclined to be a perception of authority and money – rather than management.

The enormously conquering Harvard-qualified serial entrepreneur, Stever Robbins, himself CEO, COO as well as key player of a number of money-spinning business endeavors, explains this position as "the most in demand, and least understood" in any firm. Even as people think the CEO as an authoritative, "magically experienced" person, this is far from the reality. Instead, says Robbins, a successful CEO will hand over a few of his tasks, and focus on being an excellent leader.

Responsibilities of a CEO
In reality, an excellent men or women CEO in India will carry out four major responsibilities. He or she will:

·         Opt for strategies and lay down a vision for the company, giving direction and often appointing a team to help get it right. A CEO doesn't have to execute all the work!

·         Put up a culture for the company that will motivate those working towards its targets. This will generally cover everything from clothes and mind-set to rewards as well as reprimands; however the center of attention should be on a good place, where people would like to work and perform well for the company.

·         Have a strong focus on team creation, to make sure that each person working in the company identifies, shares, and works uncompromisingly towards the company's vision.

·         Keep a hold on the funds, making sure that finances work to support the vision as well as company’s strategies. Accountants play a huge role here; however any top CEO in India needs to be part of choices made financially, particularly when there are shareholders involved.

Management approach
Leaders facilitate others to achieve. However they don't all do it with the similar approach. An award winning ceo has mirrored his management approach on a military hero he had as a kid. This individual;

Was not motivated by money;

Performed with respect; and

Believed extremely strongly in what was correct

He said "I apply practices to my management approach from people who were able to accomplish so much through so less."

This is certainly one of the best qualities of any top CEO in India, and something all are able to learn from.

CEO India is a monthly lifestyle magazine that confines life, visions and ideas of the top Chief Executive Officers as well as top-level management professionals.

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