Leadership

profiletobasj
week_2.docx

Running Head: LEADERSHIP PROJECT 1

LEADERSHIP 6

Leadership Project

Week 2

Many organisations have the Chief Executive Officer (CEO) as their highest rank executive. He/she should expect his/her primary responsibility to include making major decisions, implementing and developing high-level strategies, and managing the overall corporate operations and resources. The CEO should also expect to have a position on the board and to link communication between the corporate services and the board directors. He/she should be ready to assume the role of developing and communicating the strategies and visions for the company. They should anticipate winning the confidence of investors, setting the company’s standard of ethical behaviours and winning the public’s trust.

The CEO should make an effort to understand all levels of the company and to spend more time to build and manage executive talent. He/she should aim to create an effective management team for all critical business functions and also make a succession plan for the future. The CEO should be willing to engage and motivate his/her workers and ensure the organisation activities remain current. He/she should expect and be prepared to make decisive, tough and at times risky decisions but in an expedient manner. The organisation expects him/her to provide each group of stakeholders with sufficient communication of consistent and clear message concerning the company’s activities, goals and values (BlueSteps, n.d.). The CEO should deliver and oversee organization’s performance to be successful because he/she should be willing to bear the responsibility for its performance. He/she requires taking an active role in ensuring good performance by being involved in core business functions and a keen awareness of the firm’s market and industry to facilitate proper execution of tasks.

The CEO need to possess some essential traits that will help him/her to grow into the leadership position, become more charismatic, more respectable and eventually more successful. He/she should be honest and genuine with everyone even though expressing the truth in the given situation is difficult as it will win people’s trust and make them fair to him/her in return. A likable CEO should take failure and hardships positively by searching for new methods solve the challenge with a more aggressive approach. He/she should be willing listen to other employees’ opinions as it will make them feel like an important part of the company instead of just a gear in a machine. This listening ability will make him/her more likable, respectable and provide a diversity of new opinions. He/she should also have the capacity to recognise and reward effort made by other workers and be a hardworking person. Besides, he/she should be authoritative in all decision making, but considerate (TRAMMELL, 2014).

The CEO position calls for a person with an interest to work with other as well as an individual with good judgement and excellent decision-making skills. An individual must evidently demonstrate his/her commitment to high standard ethical conduct. He/she should have the understanding and the hands-on abilities to offer leadership to the organization and to introduce a culture that drive for excellent operations. The person must have the skills to attract, lead and retain talented employees across all positions for the senior executives. The CEO must also have the ability to consider all possible factors before making any decision and when structuring the workers' duties.

The prospective CEO needs have creativity and intellectual agility to react to the changing demands and the needs to create new solutions. The position requires the person to have the ability to manage risks, superior operation skills, and to possess expertise knowledge on finance. He/she should also have means that can help him/her to formulate a plan of action and implement it swiftly and decisively.

The person seeking this position should have talent, ambition, and energy to pursue it responsibility and should appreciate and enjoy a challenge. He/she should be an aspiring CEO, which encourages loyalty, respect and affection. He/she should have an analytical mind and possess excellent communication skills that enable him/her to motivate and engage people both outside and in the business. Thus, a candidate for CEO Job must have demonstrated these competencies and skills in his/her previous roles (DEMERS, 2015).

The CEO should look for effective tactics on his/her leadership position. He/she should lead the organisation but not over-manage it. Likable CEOs usually integrates their subordinates and employees on the organisation issues thus inspiring them. He/she should be ready to embrace any change in the business because everything is constantly evolving. Examples of these changes include the advancement in technology, competitors, market conditions, business environment and also the spending habits of the customers.

Moreover, the CEO has to employ the tactic of acknowledging the fact and exploiting to their advantages while eliminating their adverse effects. They should not ignore the facts of the business, general market, and the business environment since it can lead to the company failure. Changing on these with an adverse effect, it forces the CEO to do away with some assets regardless of their profitability (BlueSteps, n.d.). Additionally, the CEO should be focused and consistently following up on every detail in the business. Following up details ensure that the company pursues the customer service, quality of the product, and empowerment of the managers and the employees that eventually leads to organization’s success.

Finally, the CEO should hire and develop the best manager in all department of the organisation. The appointed manager should be in a position to share their vision, have energy and radiate enthusiasm and manage other workers effectively. They should have the ability to create, developing, and refining the vision of the company. They should also inspire the employees with their leadership skills that encourage them to work hard as a team for the business success.

References BlueSteps. (n.d.). CEO Jobs. Retrieved from Responsibilities and Recruiter Expectations: https://www.bluesteps.com/executive-search/ceo-jobs-recruiters.aspx DEMERS, J. (2015, August 25). Inc.com. Retrieved from 7 Traits of Likable CEOs: http://www.inc.com/jayson-demers/7-traits-of-likeable-ceos.html TRAMMELL, J. (2014, MAY 01). Lead From the Top. Retrieved from 5 Core Responsibilities of a CEO: http://www.entrepreneur.com/article/233354