Don’t know how many companies, organizations are there in the whole world as CEO (Chief Executive Officer). In which there are various officials and they perform those functions under the post. And one of those positions is the CEO. Maybe the word CEO is new to you but it is the most important position. And no company directly gives this post to any person, rather the process of selection of CEO is very tough.
However, as far as the basic information about the CEO is concerned, you will get the information in this post. But if you want to know that directly becoming CEO in any company. So maybe it can be hard for you, because no company normally selects any person as CEO.
- What is CEO
- How many CEOs are there in the company
- How to become CEO
- How much is the salary of the CEO
- What is the job of CEO
- CEO tenure
- Can the CEO take any decision for the company at any time?
- Difference between CEO, owner and founder
- List of top CEOs of the world
- Elon Musk
- mark zuckerberg
- Tim Cook
- sundar pichai
- satya nadella
What is CEO
The full form of CEO is Chief Executive Officer . CEO (Chief Executive Officer) means a position that is the chief officer of the company. There is no other position bigger than the CEO and also the salary of a CEO is much higher than other positions. And the salary of CEO’s of different companies, organizations varies. The income of the CEO depends on the growth rate of that company.
The CEO is the most important position of the company, work is done in the company only on the directions of the CEO. What to do, what not to do, how to do all these directions are given by the CEO only, all the important decisions of the company are taken by the CEO only. Yes CEO is the biggest post but the projects, tasks presented by the CEO are implemented only then. When that project is passed by the board of directors.
Because having the responsibility of the company on only one officer will not be better for the future of the company. Because it is possible that the CEO may take such a decision. If it is not appropriate, then it is the responsibility of the board of directors. Analyze the project presented by the CEO and take appropriate decisions. Without the permission of the board of directors, even the CEO cannot take any new important decisions.
Because just presenting the project is not a big task. Rather, it is also seen whether the company’s budget is compatible with that plan or not. Future possibilities are seen in that project because CEO can present any project but how much to invest in that project. How to do it, when to launch that project, whether to do it or not, all these decisions are decided by the board of directors.
However, it is not necessary that CEO should give the idea to start all the projects, rather any employee of the company can give any kind of suggestion. The only condition is that the suggestion should be in the interest of the company. And the quality of any person leads him to the position of CEO. Even if the person working in the company is on any position, but if that person gives any suggestion to the company, which is liked by the company. The company benefits. So it is obvious that the company will promote that person, his rank will be better.
And if in the same way that person kept working in the company, kept giving proper suggestions to the company again and again, which are increasing the growth of the company. So maybe the company can give a bigger position to that person. It can even be considered for the position of its CEO. Because when a person can guide the company without being a CEO, then the company can probably benefit more after becoming its CEO.
That’s why we suggest to every person that no matter which company you are in, work from your heart. If you see flaws in that company, then you can inform the company about those flaws. And a proper solution for that too, because there are more chances of promotion in such a situation.
How many CEOs are there in the company
All companies have only one CEO because CEO means something. The temporary owner of that company. The one who has the reins of that company in his hands, in many companies the founder of the company works as its CEO. It depends on the owner of that company whether he will hire the CEO for his company or will remain on that post himself.
How to become CEO
CEO is not such a position to be hired and because the company’s big depends on the CEO. So CEO is not selected like usual jobs and if CEO is selected like other job positions. So maybe he will not prove to be as effective in the company as a CEO should be.
CEOs are mainly hired in two ways, the first of which is the better performance of an employee like the current CEO of Google (Sundar Pichayi) was selected. Google’s CEO (Sundar Pichayi) was selected for a better performance as CEO. His thoughts about the company made him the CEO of that company. sundar pichayi acted as a guide to google in this way and gave proper suggestions and solutions to the company. He worked for google like his own company and today he is the CEO of google.
And the second condition is that you have been CEO or MD in any other company like that. Because there are many such companies which cannot find the best CEO for themselves. And they plan to select a better CEO. And they would have two ways to hire a new CEO, which we have told you here.
Many people have this question but becoming a CEO is not a child’s play. Rather, to become the CEO of any person, a person working on a normal post has to cross many stages. And the one who constantly thinks about the company, grows the company with his thoughts and decisions. Increases the growth rate of the company, increases the chance of becoming its CEO.
So whether the company is small or big, it does not matter at all. If you want to become the CEO of that company, even without being a CEO, you have to think like an admin for that company, what else should the company do now. What should be done so that the growth of the company increases? That company can beat other companies, what are the flaws in the company. This affinity for the company can make you the CEO.
But it does not mean that you will be selected as CEO in just one day. Rather, the process of CEO selection can be very long. The biggest funda to become a CEO is to think about the interest of the company, give big suggestions and that too selflessly. Can
Therefore, whatever company you are in, selflessly think about the interest of that company and give company suggestion. Even if you are not able to become CEO but your promotion will definitely happen.
How much is the salary of the CEO
It is difficult to estimate the salary of the CEO because the salary of the CEO is the highest. And how much will be the salary depends on the growth of the company in which the person is the CEO. The salary of the CEO of a small company will be less and that of the CEO of a large company will be higher. The salary of the CEO may be lakhs or crores.
There is no wonder that the salary of a CEO should be in crores, there are many companies whose CEOs get a package of crores. Even more than this, it can happen but maybe now this question can be in your mind. What will be the salary of the companies in which the owner of the company himself is the CEO. So I want to tell you that they do not need any salary package. Because he is the owner himself, all the income is his and he saves the expenses of the CEO.
Because the owner himself is handling the post of CEO and the owner can run the company with his ideas.
What is the job of CEO
By the way, only a few tasks are given to a normal employee. Which they have to complete but as they get promoted. His responsibilities and tasks keep on increasing and the responsibilities of the CEO are the highest. Because this is the post which is the biggest post. So it is obvious that any decision of the CEO will affect the growth of the company.
It is the duty of a CEO that he should continuously present new plans regarding the interest of the company. Improvement of technologies should be considered. Such decisions should be taken so that the company can be expanded as much as possible because the CEO is the temporary admin of that company during his tenure. Whose decisions are very important for the company.
By the way, the tenure of all posts in government jobs is fixed. But there is no fixed tenure of any post in the private sector, in the same way the tenure of the CEO is also not fixed. How much will be the tenure of that CEO depends on his methodology, it may be that a person may be removed from the post of CEO very soon or may be in just a few years. Or it may be that a person remains on the post of CEO for a long time or it may be that he continues to glorify the post of lifetime CEO.
It is obvious that technology and other resources, the system of working are changing from time to time. And if the CEO of the company will continue to take important decisions of various types. Remains the guide of the company, continuously takes the company to new heights. So that person will remain in the position of CEO for a long time. Because this type of CEO is liked by every company.
Can the CEO take any decision for the company at any time?
The CEO can usually manage the company, but the permission of the board of directors is required to take any new decision. Because all the decisions cannot be allowed to be taken only by the CEO.
Difference between CEO, owner and founder
Many times people get this misconception that CEO, founder etc. are all the same and if you think the same then you are wrong. Because there are many differences in all of them and their responsibility and way of working are different.
First of all, the name of the founder comes who has founded that service/company, but it is not necessary that that company should operate it for a long time. Because not every person can do every work. Many times it happens that founders sell their services to other companies and after selling the founder has no right on that company/service. Yes, but if the founder takes share in it, then his share will definitely remain in that company, but he will not remain the owner of that company.
As long as the founder operates his service/company by himself, he is its CEO, owner, founder and everything. But if he wants, he can give the position of CEO to someone else. After which he will be the founder and owner of that company, and the CEO will take over all the work.
But if the founder sells it, then the owner will run it as per his wish. And if its new owner wants, he himself can act as its CEO. And if he wants, he can hire the CEO who will take over his duties.
That is, there can be a founder, owner and CEO, but it is not necessary that the owner should be the founder of that company. And the founder can also be the CEO but a hired CEO is not the founder or owner.
List of top CEOs of the world
jeff bezos is the founder as well as CEO of amazon and perhaps this is the reason that today zeff bezos is the richest person in the world. Although they are both the owner and CEO of amazon. That’s why they come in the list of top CEO’s of the world.
Elon musk has many businesses like space-x, Tesla etc. they have many businesses. And elon musk is the CEO of all those businesses. And that too very well Elon Musk is such a person whose history is different from other people, they are very passionate. And because of his passion, he achieved a lot in his life.
Facebook is the world’s most used social media. And its founder mark zuckerberg himself is also its CEO. Yes, the founders of most companies themselves work as CEOs.
Apple is the largest phone company which was founded on 1 April 1976 by steve jobs. And the current CEO of Apple is Tim Cook, before that 6 other people held the position of CEO in Apple.
Its founder (Steve jobs) is also included.
Google is the most used brand in the world today. And its CEO is Sundar Pichai. Sundar Pichai who is from Tamil Nadu (India) gave very effective suggestions to google. Gave very decisive suggestions and it was because of his attachment to Google that Sundar Pichai became the CEO of Google.
Satya Nadella is the CEO of the world’s largest software company (Microsoft). Satya Nadella is also an Indian. And the founder of Microsoft is Bill Gates, Satya Nadella became the CEO of Microsoft in 2014.
It is very difficult to get the position of CEO, people who become CEO of any company organization. He becomes CEO because of his passion, rationality and management. And can increase the growth of the company, can get it out of bad situations. But if the company perfect CEO is not hired then the company can also reach on the verge of drowning.
In this article you learned what is CEO and CEO full form. We hope this information will prove useful for you.