A CEO Job Description
What is a CEO's job? It's one of the least-understood jobs in a company, even though it's at the core of a company's leadership. We know that the CEO is at the top of the power structure. They manage the executives. But that doesn't tell us a lot. Since the CEO designs their own job, different CEOs spend their days doing very different things. But there are some core elements that they all must do. Those things can't be delegated. In this video, I lay out the core responsibilities of a CEO.
Find more content by Stever at:
www.steverrobbins.com/articles - business and leadership
www.steverrobbins.com/article... - the article based on this video
www.quickanddirtytips.com/get... (episodes 1-587, personal productivity)
Пікірлер: 37
I would love to be mentored by you, do you have any program for mentees?
Dear stever, I like the way you explain in simple English very helpful Thank very much
@SteverRobbins
4 ай бұрын
Thank you! One of these days I'll start posting more content :)
@lsambangual1
4 ай бұрын
@@SteverRobbins . It will be great
A C.E.O. plays a lot of golf.
Finally someone who summarize this topic really good
Very helpful thank you very much sir 👑
@SteverRobbins
Жыл бұрын
My pleasure!
Excellent informative insightful video! 👍 Thank you so much!
@SteverRobbins
Жыл бұрын
Glad it was helpful!
I passed over this at first because the volume was too low (probably just my headphones), but this was very valuable, thanks!
@diogenesstudent5585
Жыл бұрын
Did this video help you become a ceo?
@SteverRobbins
Жыл бұрын
If so, I totally need a testimonial. It isn't so much intended to help you get the job, as it is to help you understand the job in the first place.
Great video. You explained the roles very well. I'll be referring back to this video as a new startup CEO
The CEO's boss is the shareholders, when you buy shares of a company, the CEO of that company works for you.
@SteverRobbins
2 жыл бұрын
This is true legally. In practice, however, the shareholders only exercise oversight through valuation and/or share price. Unlike everyone else in a company, a CEO has no manager. No one holds them accountable for their daily behavior.
@sonny12681
2 жыл бұрын
@@SteverRobbins When the CEO has no manager and no one holds them accountable for their daily behavior, that is when the company is privet and is not being traded in any market. Once the company becomes public, the CEO can get voted out by the board of shareholders if that CEO does a lot of bad stuff.
Jesus can fire any C.E.O.......mmm
@SteverRobbins
2 жыл бұрын
He can, but the other shareholders might put up a heck of a proxy fight.
But doesn't the Board of Directors determine the CEOs actual 'job description'? And aren't CEOs limited by the company by laws which is determined by the Board? eg. the CEO may have a spending limit and the strategic plan and vision etc must be approved by the board. Therefore, the buck stops with the Board. The CEO gets his authority from the Board, it is not inate within the position of CEO.
@SteverRobbins
2 жыл бұрын
The Board of Directors can determine the CEO's financial targets, but a Board doesn't get involved in the operational goal setting. They generally need to *approve* the CEO's strategy and large capital allocation decisions, but they aren't expected to have or exercise detailed control. If a board member wants to get involved in setting strategy, for instance, they'll generally work with the CEO to do that outside of the board structure.
@gabrielbrewster107
2 жыл бұрын
@@SteverRobbins I am not talking about individual board members. I am talking about the Board of Directors as a collective body is responsible to the owners for Directing the company's policies and finances. The Board may delegate some or all of this authority to CEO or they may not or it may be delegated to another office holder or body. like the CFO, independent Auditor, procurement committee etc. The CEO cannot do what ever he wants unless the Board allows him to. OR Unless the CEO is a founder/owner type CEO.
@SteverRobbins
2 жыл бұрын
@@gabrielbrewster107 Yes. I agree that the BoD has responsibility for the broad financial outcomes. They aren't evaluated on that, however. When a company doesn't hit its targets, it's the CEO who gets replaced (generally by the board), not the board. The CEO is held responsible. Furthermore, board members don't spend very much time on their duties, relative to a full-time employee. So in practice, it's the CEO who ends up making strategic and large financial decisions, which the Board can override based on the size of the decision and the way the by-laws are written. But the CEO's job remains strategy setting and capital allocation. The Board can put constraints on the CEO--they can veto a strategic plan, or refuse to authorize expenditures over a certain amount, etc.-but the board is not going to come up with strategy or get involved in the daily financial planning.
Helped me a lot! Thank you!
@SteverRobbins
2 жыл бұрын
Glad it helped!
Satan loves you and he wants you to accept him as your lord and guide.
@SteverRobbins
2 жыл бұрын
Yeah, he said that the first time we met. We didn't even make it entirely through dinner before his stories became insufferably boring. "All I wanted was to shake things up" and "Why did Dad have to lock me in the underworld?" Maybe once he learns to move on, we can try a second date.
Excellent stay powerful
@SteverRobbins
2 жыл бұрын
Thank you very much! I'm doing my best :)
@obiedashinobi1322
2 жыл бұрын
@@SteverRobbins keep up the good work
I love the way you explain it Thanks
Very well explained 👏👏👏👏
Jesus loves you and he wants you to accept him as your lord and saviour
@slavishentity6705
3 жыл бұрын
Sorry but I don't get it
Excellent description. Thank you.
Helpful, as always. Thanks, Stever!
Excellent! Thank you for sharing Stever.