What does a CEO do, and what exactly does a CEO do?

The Chief Executive Officer (CEO) is a product of the reform and innovation of the corporate governance structure in the 60s of the 20th century.

Due to the changing market situation, the speed of decision-making and the strength of execution are more important than ever. The traditional corporate system of "board of directors decision-making, managerial implementation" is no longer able to meet the needs of decision-making. Moreover, the information transmission time lag and communication barriers between the decision-making level and the executive level, as well as the increase in decision-making costs, have seriously affected the rapid response and execution ability of managers to major decisions of the enterprise.

The first point to solve this problem is to let managers have more power to make independent decisions, so that managers can fight more for their own decisions and be responsible for their own actions. CEOs are a product of this transformation. In a sense, the CEO represents the transition of some of the decision-making power from the original board of directors to management.

The CEO and the general manager are both the "top leaders" of the enterprise, the CEO is not only the chief executive, but also the spokesperson for shareholders' rights——— in most cases, the CEO appears as a member of the board of directors, and the general manager is not necessarily a member of the board of directors. In this sense, the CEO represents the business and is responsible for its operations.

Since there are no similar superiors and checks from all sides abroad, the authority of the CEO is more absolute than that of the general managers in China, but they will never intervene too much in the specific affairs of the company like the general manager. Once the CEO makes an overarching decision, the executive authority is delegated. So some people say that the CEO is like 50% of the chairman of the board of directors and 50% of the general manager in my country.

Generally speaking, the main responsibilities of the CEO are threefold: to make decisions on all major affairs and personnel appointments and dismissals of the company, and after the decision, the authority is delegated to specific supervisors, and the CEO has less specific intervention; Create a corporate culture that motivates employees to want to serve the company; Sell the overall image of the company.

Chief executive officer.

It is mainly engaged in administrative management and also participates in decision-making.

But not the most important decision-maker, the top decision-maker is the chairman of the board of directors (in joint-stock companies).

Just like the prime minister in our country.

The Chief Executive Officer (CEO) is the most senior executive in charge of the day-to-day operation and management of an enterprise, also known as the Chief Executive Officer (Hong Kong and Southeast Asia) or the Chief Executive Officer (in Japan) or Taipan (in Hong Kong). The CEO can also be referred to as the Chief Experience Officer.

In a nutshell, the CEO is accountable to the company's board of directors and is often a member of the board. Have the ultimate authority to execute business management decisions within the company or organization. In smaller companies, the CEO may be both chairman of the board and president, but in large companies these roles are often held by different people, so as to avoid one person having too much role and power in the business, and also to avoid conflicts of interest between the company itself and the company's owners (i.e., shareholders).

The main responsibilities of the CEO are: 1. Make decisions on all major business and operation matters of the company, including the increase or decrease of finance, business direction, business scope, etc.; 2. Participate in the decision-making of the board of directors and implement the resolutions of the board of directors; 3. Preside over the company's daily business activities; Fourth, sign contracts or handle business with external parties; 5. Appointment and dismissal of the company's senior management; 6. Regularly report to the board of directors on the business situation and submit annual reports. Other responsibilities of the CEO can also include establishing, reinforcing or changing the corporate culture, team building, and more.

You have more than 1,000 employees to be called CEO.