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Chief Executive Officer

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body.


Chief Executive Officer

Daily tasks/Routine activities

1. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives 

2. Direct or coordinate an organization's financial or budget activities to fund operations, maximize investments, or increase efficiency.

3. Appoint department heads or managers and assign or delegate responsibilities to them.

4.Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.

5. Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.

6. Prepare budgets for approval, including those for funding or implementation of programs.

7. Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.

8. Implement corrective action plans to solve organizational or departmental problems.

9. Direct human resources activities, including the approval of human resource plans or activities, the selection of directors or other high-level staff, or establishment or organization of major departments.

10. Establish departmental responsibilities and coordinate functions among departments and sites.

11. Preside over or serve on boards of directors, management committees, or other governing boards.

12. Negotiate or approve contracts or agreements with suppliers, distributors, federal or state agencies, or other organizational entities.

13. Coordinate the development or implementation of budgetary control systems, recordkeeping systems, or other administrative control processes.

14. Deliver speeches, write articles, or present information at meetings or conventions to promote services, exchange ideas, or accomplish objectives.

15. Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.

16. Review and analyze legislation, laws, or public policy and recommend changes to promote or support interests of the general population or special groups.

Key knowledge areas

The following are key areas that a Chief Executive Officer should have;

Administration and Management — Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.

Personnel and Human Resources — Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.

Customer and Personal Service — Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.

English Language — Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Law and Government — Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.

Judgment and Decision Making — Considering the relative costs and benefits of potential actions to choose the most appropriate one.

Complex Problem Solving — Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

Skills

The following skills are relevant to a Chief Executive Officer to execute his duties effectively;

Critical Thinking — Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Speaking — Talking to others to convey information effectively.

Coordination — Adjusting actions in relation to others' actions.

Oral Comprehension — The ability to listen to and understand information and ideas presented through spoken words and sentences.

Oral Expression — The ability to communicate information and ideas in speaking so others will understand.

Written Comprehension — The ability to read and understand information and ideas presented in writing.

Abilities

Deductive Reasoning — The ability to apply general rules to specific problems to produce answers that make sense.

Speech Clarity — The ability to speak clearly so others can understand you.

 

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