Yesterday I got a mail regarding the career option as a CEO. Many people get confused when it comes to choose a career option and work for them. If you are also finding this problem, then this article is for you. Are you searching for a great carer option? Are you confused about the work of the CEO? Do you afraid of the difference between the CEO and the owner? Here you are going to learn all about the CEO and his work, and how to become a CEO.
What is the CEO?
The CEO is a short abbreviation of the Chief executive officer (CEO full form). He is the highest-ranked person in any organization or company, who is responsible for taking all types of the managerial decision of that company. You can also read about Job vs entrepreneur: Best comparison between them?
CEO vs owner?
Although the CEO works an s owner and takes all the decisions, they are not the ultimate owner of the company. It depends on the size of the company. There may be some people that can perform both of these posts at the same time. The CEO can also be the owner of the company but it is not the case all the time. In a big organization, the CEO is generally hired.
The owner is those people who led the real foundation of the business and grow up the company. The word owner is not generally used for a company. They can also be used in everyday life.
CEO vs president?
Many times people get confused between the term CEO, President, owner. But you should know that the CEO is the highest position and presidents come after him. The role of both the post is different and it differs from company to company.
What is the role of the CEO?
As you have already learned that a CEO is the highest-ranked or position. Hence it is his responsibility to handle all the managerial decisions of the company. He has to manage all the operations of the company and to make major corporate decisions. They have to also manage the resources of the company. You can say that they act as an owner of a company. You have to take a decision for the favor of the company and according to the company’s mission and values. You can hire an employee or fire them to reach the company’s goals. You don’t have to interrupt your emotions in between your work.
These are the CEO job description, that a CEO needs to perform daily. The day to day responsibilities of the CEO includes developing quality business strategies. Short term and long term strategies. Lead other employees and motivate them. Work in favor of the company to develop it and achieve the goal. Hence, you can say that a CEO is responsible for the overall success of the company.
What is the CEO’s salary?
The average salary earned by the CEO is Rs 2 to 3 lakh per annum. The income may vary according to the skills, experiences and the company you work in. The highest paying in this sector are associated with sales manager, Profit & Loss (P&L) Statements, People Management, leadership, and business management.
How to become a CEO?
After you have learned a lot about the CEO, and their job roles along with the salary and scope. The question may arise in your mind about how you can be the CEO of a company. To become a CEO of a company you have to follow the below-mentioned steps:-
To be a CEO you need to study the right subjects that are needed. You need to clear all the concepts related to the working of the CEO. It may include subjects related to business studies and economics. Not only classroom studies are going to make you CEO. You need to learn more by yourself to improve day by day. Accounting, Finance, English are important subjects for a CEO.
Build your skills:-
You need to develop new skills within yourself to be a CEO. Skills like leadership, teamwork and communication skills. Only book knowledge not going to work for you, you also need to improve different skills within you. Always participate in different types of extracurricular activities as much as possible. They help you to develop your personality. You can also include the reading of various personality development books in your schedule. You can build your skills by involving yourself involve in different government opportunities, debate. There are many young entrepreneurs club which can help you to develop skills. Go and search for them with the help of the internet or newspaper. You can get experience by working with a nonprofit agency or Volunteering for a charity.
Complete your bachelor degree:-
Get a bachelor’s degree from any registered university. Without a degree, you will not eligible for hire for a CEO post. Hence, don’t think of how to become a CEO after the 10th or 12th. Although you should start your preparation to be a CEO from the 10th or 12th. You can also pursue your higher studies, like an MBA to learn more skills and develop knowledge. Most of the CEO aspirants pursue their graduation with economics or law.
Start working from a small company to get experience in different types of skills. Then afterward you can be hired as a CEO in a company. CEO is not a small post, it is a high post and you need a lot of skill and education to qualify an interview. You need to be an expert in different functions that are performed by a CEO. You need to be focused, ambitious to be a successful CEO. A successful CEO has the following qualities:-
- They have to be calm and polite under pressure and make the situation best.
- They have to deal with a tough time.
- They have good communication skills as well as negotiation skills.
- They respect everyone.
- They have decision making power.
- They can develop a good plan for the enterprise.
- They have the power to make others feel their vision and mission and work hard for success.
If you want to be a successful CEO then you need to work on developing these skills. Ne an expertise in all of these then you can easily achieve your dream.
Improve your connections:-
The role of the CEO is to deal with a human. Hence you need to improve your connections and handle humans. Not only you have to make connections inside the enterprise, but you have also to maintain the relations outside of the enterprise too. You have to learn to keep a balance between relationships, personal and professional life. Because as a CEO, you have to maintain the relationships with the employee, board of directors, stakeholders and business partners. You can improve your relationships building skills through books, podcasts, and seminars.
From the above passage, you may conclude that the CEO is the best career option to live a great life. You have also learned a lot of details of the CEO and its Career option and how to become the CEO of a company. What is the scope of the CEO? and how to become These all will be going to help you a lot in making your future great. Thus, Following the above steps, you can develop the required qualities in yourself and become a successful CEO.