settle for/acquire/get an award The airline obtained an environmental award for do the job regarding carbon-emissions reduction.
Exterior Stakeholder Management: The CEO signifies the organization externally and engages with stakeholders for instance traders, companions, government officers, and also the media. These are chargeable for making associations, handling the corporation's name, and promoting its interests.
Powerful CEOs will be able to entice top rated expertise for their corporations. While they aren’t to blame for using the services of or terminating just about every person employee, They're answerable for constructing and overseeing The chief leadership team who, consequently, seek the services of and oversee upper and middle administration within just their divisions.
give/make/existing an award We now have no hesitation in giving an award to this interesting example of massive-scale urban regeneration.
Put into practice improvements and proposed programs: A CEO generally appears to be like to themselves and other govt Management to begin applying All those designs soon after crafting the very long-expression vision.
reward honor commend praise try to remember hail compensate beautify cite reimburse fork out repay salute applaud acclaim compliment recompense requite
Above 2 million + experts use CFI to discover accounting, money Assessment, modeling and even more. Unlock the Necessities of company finance with our no cost methods and get an special sneak peek at the 1st chapter of each course.
Non-Income CEO: Within a non-income organization, the CEO is accountable for acquiring the organization's mission and handling its actions in line with its charitable or social objectives.
award a grant/deal (to sb) The Pentagon has awarded a $520 million agreement to the development company.
Develop resilience in advance of the crisis. Most crises abide by predictable patterns, While Just about every might come to feel uniquely unsettling. The ideal CEOs create crisis reaction playbooks to arrange for your worst.
Leadership capabilities: CEOs have to demonstrate the Management essential to make the Firm's mission a hit. This consists of giving vision, way, attracting followers, and all other elements of profitable Management.
A board of directors generally includes a chairperson to supervise the management of the whole board. A CEO may possibly maintain a get more info chairperson posture if they immediately manage a committee.
Management and Influence: CEOs have the chance to shape the strategic path in the organization, make crucial conclusions, and direct teams to acquiring formidable objectives.
They also place circumstances in place for Every single group member to achieve success, while keeping distance to objectively judge and act on overall performance.