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Topic : every one has a role model
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Business & Strategy

 
Industry : Management & Strategy Consulting Functional Area : India
Activity:  4 comments  101 views  last activity : 04 10 2011 04:02:50 +0000
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What are the Responsibilities of a C.E.0

The other day someone posted a news about 60 million Indian graduates without work this year. This begs the question what could be the responsibilities of the CEO which need be looked into.

A CEO is supposed to be responsible for a lot of things, some of which are,

1) Adequate growth for the Company

2) Adequate Investment growth

3) Target new employment level generated every year so employment level of economy can be

4) Quality of the product offered so risk of litigation and market distortion prevented

5) Maintain price levels of products sothat no inflation is generated from his/her end in the economy

6) Long term directions of the company

7) Short term directions of the company

8) Maintain and improve Stock Holders value

Once each CEO is responsible for most of these criteria then his job well serves the long term existential criteria of the company in the economy. Business Schools need to train the students to such level they can be prepared for such future roles

 
4 comments on "Roles of CEO defined that can prevent disaster ahead"
  Commented by  S. Muralidharan, Head, Project Planning/Strategy, Knowledge Foundation    | 04 10 2011 04:02:50 +0000
Unpredictable market volatility, fast technology obsolescence, red-tapism in getting clearances, funds not made available on time, as per timelines, non-availability of raw materials, imports from certain countries become a major bottle-neck, so on and so forth are some of the issues that are beyond the control of CEOs!
  Commented by  NATTERAJA R. ARIKRISHNAN, AREA SALES MANGER, UNIFLEX CABLES LTD    | 04 09 2011 09:50:59 +0000
Very nice one Mr.Mathew Ji. The CEO is responsible for making the organization runs in a profitable way. Hence he has to involve in strategic planning and implementation taking into account all the departments in an organization with a view to maximize the company's profits.During the process the CEO has to delegate the proper authority & responsibility down the line in order to get the things done by others.The CEO needs to plan, organize, delegate, supervise, coordinate and has to guide & advice with proper decision making. In any company, considering the present scenario of ever changing environment, the CEO has to lead the teams with proper communication and decentralization.       
  Commented by  Raju V P, Head of Finance Information Systems, an International Bank    | 04 08 2011 17:11:59 +0000
How is unemployment linked to the CEO's responsibilities?  CEO implements the agenda set by the Board or the promoters of the company
  Commented by  manish kumar, freelancer    | 04 08 2011 12:02:21 +0000
Nice info sir, thank u
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