how to become a ceo
Chief Executive Officer
Create a company's strategic vision and mission and set the overall direction of the company.
What's it like to be a Chief Executive Officer?
A Chief Executive Officer (CEO) is the highest-ranking executive in a company. Although the role of the CEO will differ from organisation to organisation, your main responsibilities will include setting the overall direction of a business and managing the operations and resources of a company.
Tasks and duties
- Communicating, on behalf of the company, with shareholders, government entities, the public and the media.
- Creating and implementing the company's vision and mission.
- Developing and implementing business and strategic plans and budgets.
- Evaluating the work of other executive leaders within the company.
- Maintaining awareness of the competitive market landscape, expansion opportunities and industry developments.
- Assessing risks to the company and ensuring they are monitored and minimised.
- Reporting through to the Board of Directors with accurate and timely information regarding the organisation's overall performance, including financials, risk ratings, compliance and growth prospects.
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CEOs are predominantly professionals who have strong leadership skills, as well as extensive acquired knowledge, sound judgement and a proven track record of success over time.
What can I earn as a Chief Executive Officer?
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Latest Chief Executive Officer jobs on SEEK
Source: Full time annual package based on job ad data.
How to become a Chief Executive Officer
There is no single pathway to becoming a CEO. CEOs typically have a strong educational background with wide and varied leadership experience in business.
- Complete a Bachelor degree in business or economics or in the industry you plan to enter.
- Pursue a Master of Business Administration (MBA) or similar post-graduate qualification.
- Gain extensive work experience in a leadership capacity across a range of businesses or work your way up through a company. In small and medium companies, you may become a CEO with 10-15 years of experience, where as in larger companies it generally takes 20-25 years of industry experience to become a CEO.
- Demonstrate your success at a senior management and executive level of leading and managing a business or a business unit within a large organisation.
Explore related qualifications
SEEK users who have worked as a Chief Executive Officer have studied these qualifications.
Skills and experience employers are looking for
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Hi there , have any of these? Add your skills directly to your SEEK Profile.
Financial Management
Not-for-Profit
Financial Acumen
Commercial Acumen
Strategic Thinking
Corporate Governance
Strategic Planning
Stakeholder Management
Leadership
Business Management
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Source: SEEK job ads and SEEK Profile data
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Is Chief Executive Officer the right role for me?
Job market trends for Chief Executive Officers
Source: SEEK job ads and SEEK Role Reviews
Latest Chief Executive Officer reviews
Latest reviews from 70 Chief Executive Officers surveyed on SEEK
It's tough at the top - but rewarding too
Reviewer's Qualification
Master of Letters
Organisation size
Medium (20-199 employees)
Specialisation
community service
The good things
Being the CEO means being in charge. The buck really does stop with you, and for me that is all about bearing the weight of responsibility for the organisation, for the wellbeing of all staff, for the...
The challenges
There will always be challenges to your authority, and this can be frustrating especially if you pride yourself on your colbaorative and consultative style. You are singled out for characteristics whi...
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Interim CEO roles offer significant opportunities for improvement.
Reviewer's Qualification
Graduate Diploma of Public Policy
Experience
Less than a year
Organisation size
Medium (20-199 employees)
Specialisation
Social Service
The good things
One key benefit of the role is knowing it will be time limited but you still have authority to create immediate and medium term changes. This enables you to engage in short sharp changes which become...
The challenges
A major challenge is to engage in a change process which does not tie the hands of an incoming CEO, but instead might remove or minimize some obstacles. For example, if restructuring not to do so in ...
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Source: SEEK Role Reviews
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Source: SEEK job ads and SEEK Profile data
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how to become a ceo
Source: https://www.seek.com.au/career-advice/role/chief-executive-officer
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