CEO (position): transcript. Chief Executive Officer: translation

Quite often when viewing data about the top management of a company, you can see not quite understandable abbreviations. On their official websites, the following data are indicated approximately: IEO-Ivanitsky Petr Stepanovich or CFO-Lapitsky Sergey Gennadievich. If you have ever attended business conferences or attended various startups, then when presenting a speaker you can hear announcements like: "We invite to the next consultant's speech - the CEO of such and such a Sidorov Igor Nikiforovich." What is this CEO - a position that is not given anywhere? Probably, many people had similar questions.

In general, these abbreviations are used for unknown reasons, but it is precisely known that these are job cuts from the English language. CEO - the position, the abbreviation of which stands for the highest official of the company.

The meaning of the abbreviation and translation

This term can also be used to determine the leaders of the units. They are also called CEO, or Chief Executive Officer. The translation of the combination means "higher official". Its competence may include the development of an enterprise development strategy, the performance of representative powers and decision-making at the highest level of management. There may be referred to and other managers because of the different organizations in different structure and order of work.

It is also important to remember that it is impossible to confuse this term with SEO - Search Engine Optimization, which denotes the optimization of sites for search engines, the term SEO is only applicable in the field of Internet marketing.

CEO - a position whose interpretation is now understandable - requires and clarification of the powers that the person occupying it possesses.

Job description of the Executive Director

Any job description must contain a lot of provisions that standardize the work of an employee. Instruction for the director is no exception, because this employee is often hired.

General Provisions

This section of the job description for the Chief Executive Officer contains the main principles of his activity. Thus, the main emphasis in the activities of the Executive Director is made on the fact that he occupies a leading position and is obliged to manage personnel. The main points of the section:

• Who is appointed to the position of this employee (usually the CEO).

• Who obeys.

• The designation of an official who replaces the executive director in the absence of him.

• Requirements that the future employee must meet.

• Knowledge and information that should have.

• Acts to guide this employee.

Official duties

The next item that is contained in each job description for the Chief Executive Officer is the duties. They include the following:

• Organization of work and interaction of all divisions of the company.

• Participation in the development and strategic planning of the enterprise.

• Operative analysis of activities.

• Development of a system of motivating incentives for employees.

• Responsible for the compliance of his subordinates with the rules of labor discipline.

• Verification of the correctness of record keeping: looks for compliance with the norms of economic and legal records management.

• Identifies shortcomings in the activities of the company and takes all possible means to eliminate shortcomings in the work.

• Fulfills the instructions of the direct leader - the general director.

Rights

Rights - this is also a mandatory attribute, which should provide job description. The executive director of the company has the right:

• Take independent decisions about the management of staff.

• For failure to fulfill the instructions of the General Director, if they contradict the current legislation.

• To address to the general director with offers on improvement of work of a commercial service and the general activity of the enterprise.

• Make proposals for improvement on the promotion or punishment of certain employees.

A responsibility

Another important item is the responsibility of the executive director. The instruction should indicate that this employee is responsible for the following:

• Failure to meet the objectives set by the immediate supervisor.

• Absence of the decision of the questions entering into its competence.

• For failure to report on their work.

• For the dissemination of information relating to trade secrets.

Types of Executive Directors

When deciphering the position of the CEO, one should also take into account the type of leader:

1. An innovator is a professional that many direct managers of enterprises are looking for, so that this employee can carry out assignments related to the development and implementation of a new strategic policy or business direction of the enterprise that will be aimed at full-scale improvement of the company's activities. The best option in this case is a charismatic person who is able not only to build a new strategic direction, but also can lead people to implement these ideas.

2. The successor is the leader who is hired, as if bailed out to teach him all the nuances of the company's activities for transferring management powers in the future.

3. A mentor is a person who is hired to support and train a newly arrived and not yet fully informed general manager. If there is a need for such a specialist, it is necessary to look for a manager with extensive work experience and a wide range of relationships.

4. A partner is another CEO-position, the interpretation of which implies a person who fully shares the views of the CEO. Ideally, if the executive director completes the activities of the general by his actions. An excellent example of such cooperation is the situation in which the CEO is an adherent of soft methods of leadership and negotiation, and the executive becomes a factor supporting the firm reputation of management.