A CEO is the highest ranking executive manager in Sanmax. before Managing Director and the Board. and is usually in charge of the day- to- day operations and management of an organisation. They must provide strong leadership, and be able to give clear direction and guidance to the management team, whilst at the same time allowing them the autonomy to operate successfully. The job description of a CEO can vary according to the organization they work for, or the industry they are in. On top of all this a CEO should be a seasoned professional who has a proven track record in achieving corporate growth targets.
A CEO's life is all about indulgent lunches and rounds of golf while other mugs do all the hard work, right Sadly no.
As the highest ranking executive manager in an organisation, the CEO is responsible for everything from the paper clip budget through to developing strategies for business growth. You have to be in control of everything or risk losing it all.
Every type of business you can think of will have a CEO at the helm, and the specific tasks can vary according to the industry. But put simply, a CEO does everything. Even if they aren't the person who actually does it, they are the person who has told someone to do it, or told someone who tells someone to do it. Think of a business as a triangle; the CEO is sat at the top, controlling everything below.
In addition to high- powered meetings with the board of directors, senior management and other companies, a CEO will look after anything involved in the day- to- day running of the business. Here's a closer look at the specifics
Controls the direction of the company
Decides budgets for all departments
Targets and initiates business partnerships with other companies
Drives the culture of the business
Oversees employment and ensures there are enough staff (and the right people)
Manages senior managers
Generates new business and gives approval of new projects
Responsible for day- to- day decisions
Identifies risks and ensures appropriate strategies are in place
Ensures the correct practices are being met
Attends board meetings and other presentations
Drives profitability of the business The finer details...
It can be tough at the top, as well as lonely. Apart from the board of directors, a CEO is left to their own devices and even if they do ask for feedback, most workers won t be keen to point out failings in the big boss.
Even with a plush office, a CEO's life isn't easy. It's an extremely tough working environment, with long hours and lots of stress. Even if there is a long lunch to woo clients, or an evening gala to attend, days usually hover around the 12- hour mark.
Promotion is a tad limited a position onto the board of directors is about it, where the new CEO will answer to them.
The good points
A CEO is the pinnacle position of a business and the ultimate goal
CEOs make a real difference to a company; shaping it and driving the vision
Excellent salary and benefits
Might involve travel and will certainly involve social engagements
Get to meet the movers and shakers in the industry The bad points
Stress levels are exceptionally high
A CEO is only as good as their worst employee
Long hours and often a 7- day working week
The buck stops with you! A CEO job description should include, but not be limited to:
Reporting to the Board of Directors.
Making high- level decisions about policy and strategy.
Keeping the Board of Directors informed about policy issues.
Providing executive leadership across an organisation.
Evaluating the success of the organization.
Developing and implementing operational policies.
Acting as the primary spokesperson for the organisation.
Developing he organisations culture and vision.
Recruiting new staff members.
Develop an organizational environment that promotes positive staff morale and performance.
Retaining existing staff members.
Winning new business.
Shaping market opportunities.
Influencing senior stakeholders.
Where necessary, challenge current performance levels.
Guiding companies through periods of growth.
Solidifying a company s position in the marketplace.
Building alliances and partnerships with other organisations. Key skills required
A high level of commercial acumen.
Giving a clear sense of purpose to a company and its employees.
Communicating clearly. A CEO should have knowledge of;
Profit and loss, balance sheet and cash flow management.
Influencing, consensus building, and sustaining relationships.
Workforce engagement and satisfaction.
Negotiating The personal skills that are required for the job:
Ability to get up to speed quickly on new issues and to make sound judgements on them.
Having a can- do, problem- solving attitude.
Strong influencing skills.
Ability to inspire confidence and create trust.
Ability to plan own workload effectively and to delegate.
Ability to work under pressure.
Problem solving. Few of the Responsibilities are Also Mentioned Here
Advises the Board
Advocates / promotes organization and stakeholder change related to organization mission
Supports motivation of employees in organization products/ programs and operations
Visionary / Information Bearer
Ensures staff and Board have sufficient and up- to- date information
Looks to the future for change opportunities
Interfaces between Board and employees
Interfaces between organization and community Decision Maker
Formulates policies and planning recommendations to the Board
Decides or guides courses of action in operations by staff Manager
Oversees operations of organization
Manages human resources of organization
Manages financial and physical resources Board Developer
Assists in the selection and evaluation of board members
Makes recommendations, supports Board during orientation and self- evaluation
Supports Board's evaluation of Chief Executive Responsibilities of Chief Executive Officer
There is no standardized list of the major functions and responsibilities carried out by position of chief executive officer. The following list is one perspective and includes the major functions typically addressed by job descriptions of chief executive officers.
1. Board Administration and Support
Supports operations and administration of Board by advising and informing Board members, interfacing between Board and staff, and supporting Board's evaluation of chief executive
2. Program, Product and Service Delivery
Oversees design, marketing, promotion, delivery and quality of programs, products and services
3. Financial, Tax, Risk and Facilities Management
Recommends yearly budget for Board approval and prudently manages organization's resources within those budget guidelines according to current laws and regulations
4. Human Resource Management
Effectively manages the human resources of the organization according to authorized personnel policies and procedures that fully conform to current laws and regulations
5. Community and Public Relations
Assures the organization and its mission, programs, products and services are consistently presented in strong, positive image to relevant stakeholders
KNOWLEDGE AND SKILL REQUIREMENTS
To be one of the Great Executive of Sanmax we require Experience in strategic planning and execution. Knowledge of contracting, negotiating, and change management. Skill in examining and re- engineering operations and procedures. Experience in formulating policy, and developing and implementing new strategies and procedures. Ability to develop financial plans and manage resources. Ability to analyze and interpret financial data. Knowledge of public relations principles and practices. Knowledge of communication and public relation techniques. Ability to develop and deliver presentations. Ability to identify and secure funding/ revenue sources.
Work requires professional written and verbal communication and interpersonal skills. Ability to communicate and interact with officials at all levels of government and to work effectively with a wide range of constituencies in a diverse community. Ability to motivate teams and simultaneously manage several projects.
This is normally acquired through a combination of the completion of a Masters Degree in Business Administration, Finance or Accounting and ten years of experience in a leadership role for a large division or company.
Work requires willingness to work a flexible schedule and travel.
Sanmax Technologies (P) Limited is a Multidivisional Company of India's largest and oldest Business House Poddar Group. leader in consulting , App Building , Business Development , and outsourcing solutions. As a proven Enterprises focused on enhancing new trend of technology ,Sanmax enables clients in all over india along with European countries to outperform the competition and stay ahead of the innovation curve. With our dignified employers and our reputed clients in corporate world.we provide enterprises with strategic insights on what lies ahead. We help enterprises transform and thrive in a changing world through strategic consulting , operational leadership , and the co -creation of breakthrough solutions , including those in Application Building ,Business Promotion and Outsourcing ,Mobility and Strategic Management