Executive Careers : Careers as Executive
Chief Executive Officer: Chief executive officer is responsible for formulating goals and targets of a business or corporation. Chief executive officer along with his assistant executives implements these policies. Other responsibilities include monitoring executives of various departments, reporting to the board of directors. Chief executive officers are responsible for operational success of the organization. In large organizations, chief executive officers are responsible for functioning of various departments including purchase, sale, manufacturing, finance, marketing, training, human resources and material management. Chief executive officers are responsible for overall functioning of the organizations. Duties of a chief executive officer include setting goals and implement programs to achieve goals. Chief executives assign department heads to supervise the employees. Chief Financial Officers : Responsibilities chief financial officer include meeting business' financial targets, goals, objectives, and budgets. Chief financial officer also monitors the fund investment.They oversee the investment of funds and manage associated risks, supervise cash management activities, execute capital-raising strategies to support a firm's expansion, and deal with mergers and acquisitions. Chief Information Officers : Chief information officers are responsible for giving technological directing of the organizations. They are also engaged in the business planning of a organization as member of the executive team. Chief information officers also must have knowledge of administrative functions, budget, recruiting, training and monitoring. They also recommend funds for projects and programs. They also help in recruiting computer specialists, information technology employees, and support personnel. Other responsibilities of chief information officers include monitoring staff, assessing output, and set up administrative procedures and strategies. General and Operations Managers : General and operations manager are responsible for planning, guiding, or organizing all operations of companies. Education and training. For executive careers, candidates must possess bachelors' or masters' degree in business administration, liberal arts or more specialized discipline. The particular degree required generally depends on the type of organization you are going to work, Job Prospects in Executive Careers : Executive careers are very prestigious with good pay scale. So there is intense competition for executive career. However there are also opportunities in this sector. Well experienced managers with good leadership qualities are the best candidate for executive careers. Candidates with vast experience in computers, economics, sale, marketing and knowing many languages have better job prospects. Remuneration in Executive Careers : Executive careers are the one of the highest paid career in United States. Salary levels also depend on the responsibility; experience and type, size, and location of an organization. For example, a chief executive officer in a big firm can earn significantly more than a chief executive officer in small firm. Average annual salary for general and operational manager is $86750. Salary for general and operational managers ranges between $59630 and $130,640. Salary for general operations manager also depends on type of industry in which you are working. Salary of general and operational manager in architectural or engineering services has highest salary as compared to those working local government. Average annual earnings of chief executives are more than $147,800. However, some chief executives in big companies are earning in millions as your earning depends in experience, size and type of industry in which you are working. Apart of salary, there are many other compensation and facilities which are provided to chief executive officers. It includes stock options, performance incentives, use of executive dining rooms, company aircraft and cars, traveling allowances, and company-paid insurance premiums and physical examinations. Some chief executive officers also get company paid club memberships.
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Career Options
Engineering Careers |