Economics/Business

CEO of a company its characteristics and skills and managing people

CEO

In this piece of writing we will elaborate the CEO of a company its characteristics and skills and managing people

CEO is the acronym for “Chief Executive Officer”, that is, executive director, which is the highest position in a company. In this context, their responsibilities and roles may vary according to the organization’s size and management model.

However, this professional is usually responsible for making strategic decisions, managing resources and communicating between the operational and the board of directors.

The CEO can be appointed through a board of shareholders or even be appointed because of his experience and market recognition. In addition, often, the CEO is the owner of the business , but this is not a rule.

Characteristics and skills that a CEO needs to develop?

The position of CEO is very strategic and decisive for the success of the business. Therefore, it is essential that the professional has a high level of competence, in addition to specific skills, as we will see below.

1-Communication capacity

One of the main roles of the CEO is to be the spokesperson for the company . Since he is an embodiment of the business and acts as a bridge between the organization and the market.

Therefore, it is essential that these professionals have good oratory skills in order to be able to transmit messages in a transparent and understandable way, both for managers and employees.

2-Emotional intelligence

The CEO role centralizes numerous responsibilities as well as a host of important tasks to ensure the company’s success and growth.

All this pressure can cause many people to end up overworked and stressed , resulting in serious health problems. Thus, it is essential that these professionals are able to develop emotional intelligence to deal with charges in a healthy way.

3-Courage to take risks

Companies that stay accommodated, in the comfort zone, afraid to take risks, inevitably end up lagging behind in an ever-evolving market.

Therefore, it is important to have a leadership that can act with strategy and courage , being open to changes and new proposals, even if they seem a little risky.

In this context, the CEO must be the person who believes in the potential of the business and is responsible for driving new visions and possibilities for growth.

4-Organization and broad vision

Another indispensable skill for the CEO is the ability to organize and focus on a strategic approach. Being able to organize your thoughts and set priorities is crucial to effective leadership.

Furthermore, it is important to have a broad view of the business and to be aligned with the company’s situation. In this way, it is possible to preserve the health of all sectors, notice areas for improvement and ensure effective support.

5-leadership and motivation

Good leadership is one that inspires and motivates your team, demonstrating a real concern for your employees. Thus, it is important that the CEO has good communication skills and is equipped with empathy to deal with the team’s problems.

Thus, with a good dialogue and recognizing the results of each employee, it is possible to improve the productivity of the entire company and ensure more motivation for the teams.

What is the role of the CEO in the company’s sectors?

The CEO is the professional with the highest hierarchical level within a company. Thus, it is he who has all the strategic and organizational knowledge for the business to reach its objectives and goals.

In this sense, the leadership of this professional is essential for the creation and modernization of the organizational culture, team integration, resource management, in addition to updating and diversifying the services offered.

Furthermore, the CEO acts as a spokesperson and is responsible for structuring and dispelling the vision, mission and objectives of the business.

Understanding the role of the CEO in managing people

When it comes to people management, the CEO’s role is to see the value of committed and engaged employees and the importance of the Human Resources area . Thus, these professionals can work directly in the sector through specific actions. Below, we list a few. Follow up!

1-Conflict resolution

It is essential that the executive director has emotional intelligence and is able to lead people management even in crisis. For this, it is necessary to maintain clear communication and seek actions that improve the organizational climate , helping the team’s quality of life and reducing the level of conflicts.

2-Feedbacks

The feedbacks are essential tools to improve engagement, alignment and transparency , as well as contribute to the growth of both the employees as the CEO himself.

Thus, creating a feedback culture can be an excellent way to ensure a closer relationship with your staff and drive the business forward.

3-Valuing strategic HR

The strategic HR is responsible for operating behavioral analysis to make decisions more assertive in managing people. In this way, the sector is able to better manage its resources and promote an efficient partnership between HR and other sectors of the company.

Therefore, the CEO’s role is to value the department and understand the importance of HR’s active participation in decision making and strategic plan formulation.

4-Influence on behavior

Once again, it’s important to make clear the CEO’s role as the company’s spokesperson. In this context, these professionals are responsible for creating the organizational culture, so it is essential that they follow the defined standards of behavior , conduct and customs.

Thus, the executive director must set an example to be followed and act transparently to keep teams motivated and create a solid culture.

As we have seen, the role of the CEO in people management is essential to motivate and engage employees and enable the HR team to be able to carry out a strategic and efficient work. Thus, it is important that the position of executive director is assumed by an empathetic professional who has communication and leadership skills.

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