Chief executive officers hold the highest ranking in a pyramidal corporate structure. They are able to hold a complete idea of the functioning of the business, its departments, risks, and stakeholders. They analyse different kinds of information and create links among them for decision-making purposes. They serve as a  communication link with the board of directors for reporting and implementation of the overall strategy.

Tasks

Tasks include -
(a) Planning, directing and coordinating the general functioning of an enterprise or organization;
(b) Reviewing the operations and results of the enterprise, or organization and reporting to boards of directors and governing bodies;
(c) Determining objectives, strategies, policies and programmes for the enterprise or organization;
(d) Providing overall leadership and management to the enterprise or organization;
(e) Establishing and managing budgets, controlling expenditure and ensuring the efficient use of resources;
(f) Authorising material, human and financial resources to implement organizational policies and programmes;
(g) Monitoring and evaluating performance of the organization or enterprise against established objectives and policies;
(h) Consulting with senior subordinate staff and reviewing recommendations and reports;
(i) Representing the organization at official occasions and board meetings, in negotiations, at conventions, seminars, public hearings and forums;
(j) Selecting or approving the selection of senior staff;
(k) Ensuring the organization complies with relevant legislation and regulations.