The Significance of The CEO
An Activity for the Exchange of goods and services for money can be referred to as a business. to make a profit, every business requires some form of investments and customers in which its output will be sold on a constant basis. Businesses can be privately owned, non-profit or state-owned.
“What do you want to be when you grow up?” this is one of the questions that pop-up in most children and adults most of the adults find themselves unmotivated and hate their jobs while others find themselves engaged. Greg Lindberg, is an American business executive who owns several companies and a graduate of Yale University where he earned an honorary Degree in Economics in 1993. As a freshman at Yale, he founded Eli Magazine and bootstrapped Eli Research to $5.0 million in revenue without any outside capital. The entrepreneurial journey of Greg Lindberg is long but full of success. In the course of establishing his businesses, Greg Lindberg was able to acquire new skills and competencies. To be a great chief executive officer he is could be attributed to his excellent communication and listening skills. The firm seek to trade with companies operating in the fields of healthcare, financial services, insurance, marketing & sales and other industries. They acquire majority stake and provides financing for buyout, growth capital, and corporate divestiture transactions.
Being skilled and experienced at the job one is intended to head is an important element. CEO is the highest ranking executive in a business or corporation. His or her main initiative is to develop and implement a strategic plan for the organization and ensure that the plan is being integrated into the organization’s operations. CEO will report to a Board of Directors or another governing board or group of officials who will judge his or her performance and determine whether or not any adjustments in pay and benefits are warranted. The governor of a business agency is required to receive and act upon the reports of the chief executive officer. Where the business organization is owned and run by the chief executive officer there might lack oversight or it might be weak. Whether the CEO reports to a Board of Directors or not, his or her job will be to subdivided and directed to other executive leaders.
All the activities that require the business to be represented are always attended by the chief executive officers. People who did not attend university or college and who went straight into job market, and a found one they love, they are the lucky ones. Passion is the greatest driver of businesses and many other ventures.
Citation: get redirected here