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The Significance of The CEO

Trading goods and services for money could be referred to as a business. For any economic activity to make gains there’s need to invest in it. Businesses can be privately owned, non-profit or state-owned.

One of the questions that pop up in the minds of most adults and children is “What do you want to be when you grow up?” Among the most successful business executive in this century is Greg Lindberg; he has several companies in his name. As a freshman at Yale, he founded Eli Magazine and bootstrapped Eli Research to $5.0 million in revenue without any outside capital. The CEO of a regional telecommunications company, never thought he would become a CEO as he started out in humble beginnings in sales than marketing and changed profession to non-profit sectors as an assistant director. He learned new skills and gained new experiences throughout his hustles. 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. The chief executive officer is usually charged with the role of carrying out a strategic plan. The board of directors is the one charged with the role of supervising the chief executive officer in his role of implementing the strategic plan. The governor of a business agency is required to receive and act upon the reports of the chief executive officer. Sometimes it might be tricky in cases whereby the chief executive officer is the owner and the founder of the business company since there might be no oversight body or persons. 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.

In most cases, the CEO will also serve as the face of the organization. For many, it will certainly take a few wrong turns along the way and trial and error. Passion is the greatest driver of businesses and many other ventures.