Chief Executives

Also Called: Chief Executive Officer (CEO), Chief Financial Officer (CFO)

What Chief Executives do

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

  • Direct or coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency.
  • Appoint department heads or managers and assign or delegate responsibilities to them.
  • Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.
Industry Areas:

Finance and Business

Expand For Additional Details

Work Context

  • Electronic Mail
  • Face-to-Face Discussions
  • Structured versus Unstructured Work
  • Telephone
  • Freedom to Make Decisions

Tools

  • Mobile phones
  • Notebook computers
  • Personal computers
  • High capacity removable media drives
  • Personal digital assistant PDAs or organizers

Technology

Enterprise resource planning ERP software
Microsoft Dynamics GP
Oracle PeopleSoft
Presentation software
Mentimeter
Microsoft PowerPoint
Accounting software
Intuit QuickBooks
Sage 50 Accounting

The Education & Training You Need

Skills

  • Judgment and Decision Making
  • Complex Problem Solving
  • Critical Thinking
  • Speaking
  • Coordination

Knowledge

Business
management
human resources (HR)
Arts and Humanities
English language
Safety and Government
law and government
public safety and security
Math and Science
arithmetic, algebra, geometry, calculus, or statistics

Education

  • 26% Master's degree
  • 22% Bachelor's degree

Experience

Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

What are your training options on the pathway to this occupation?

Are You a Good Fit?

Occupation Traits

  • Conventional (Organizer)
  • Enterprising (Persuader)

Work Styles

  • Leadership
  • Integrity
  • Initiative
  • Stress Tolerance
  • Dependability
  • Achievement/Effort

Values

  • Recognition
  • Independence
  • Achievement

Abilities

  • Verbal
  • Ideas and Logic
  • Math
  • Visual Understanding

This is what Chief Executives across the country typically make.

$38.46 / hour
$80,000 /year

Entry Level

$99.37 / hour
$206,680 /year

Median Level

$115.00 / hour
$239,200 /year

Experienced Level

Income information reflects a regional average.
Income information reflects a national average.

This career’s National Job Outlook is

Below Average

Please be sure to verify the outlook of this occupation with your instructor.

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