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Leadership
What is the primary function of the CEO?
A friend once quipped, Successful management is dead easy. Failure is complicated. These words are true. As is this, the responsibility for success or failure ultimately falls on the CEO, making the position among the most complex there is in business. The positions responsibilities are unlimited, its demands without boundaries. The job is, in a sense, an infinite one.
Successful leadership is about vision, focus, purpose, value and more. The leadership of the company ceases when the leader fails to add value to the team.
One can only lead when he/she has a clear vision of the desired outcome and works steadily toward its attainment. This must not be construed as one big goal that once reached, signals the end of progress. Instead, the leader must have a continuing view that provides the strategy and direction to facilitate the accomplishment of objectives leading to profits to secure the position of the stakeholders including the investors, customers and/or clients, employees and their families.
Rewarding the stakeholders, by creating profits, is the ultimate function and goal of the CEO. Nothing else matters.
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