What is CEO and how is it different from the president of a company?

When talking about large companies it is impossible not to bring to the conversation the work of their respective CEO, but what is CEO and how is it different from the president. lifebloombeauty

CEO is an acronym in English that means Chief Executive Officer, and its literal translation into Spanish is Chief Executive Officer; however, this position is better known by the name of Executive Director. There are many doubts and confusion regarding this position, below, we will explain what a CEO is, and what is his business role. tc bolts

What is CEO and how is it different from the president?

As already stated, a CEO is the chief executive officer of a company and with the position comes a host of responsibilities. Among the main functions that a CEO has we find:    techbizcenter

1.- Make known to the members of the company its objectives, vision and mission; that is to say, both to the employees and the high command of the company.

2.- A good CEO must have a work team that he trusts , and in this way delegate some of his functions. Even CEOs have limitations, and a good CEO must be able to recognize them.

3.- One of the main functions of the CEO of a company is to plan strategies to meet the objectives set . By leaning on your work team, you should be able to mark the way forward for the company.

4.- It is important that the CEO keep customers happy, since, to a large extent, the success of the company depends on them. Because every customer is different, the CEO must develop strategies to satisfy each type of customer.

How is the CEO different from the president of the company?

These two positions are often very confused, although in some cases the president of the company is also the CEO, this is not always the case. The difference lies in the role that each one fulfills in the company.  futuretechexpert

It is very common that the position of president falls on the founder of the company, but more than anything he is an institutional figure ; In other words, it is the face of the brand, its main function is to act as a spokesperson for the decisions made. He also advises the CEO to approve the proposed strategies and be the link with the partners.

The president represents the company. While the CEO for his part is, in the internal structure, the head of the company; since his functions are more administrative and business, the development and growth of the company depends on him.

What skills should a CEO have?

In short, we will tell you what skills a good CEO should have.

1.- You must be able to create a good work environment by being honest, recognizing the work of yours and promoting organization and good management. technologywebdesign

2.- You must be a determined person, firm in your ideals and beliefs, always acting in accordance with the value of the company.

3.- You must be able to earn the respect of your work team.

4.- More than a boss, he must be a leader in the company, who can guide his team.  hollyhealthfitness

Once everything is clarified about what the CEO is and how it differs from the president, definitions of tasks can be made and therefore, achieve a better operation of the company.

 

 

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