Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

Median Annual Wage: $173,320

Education: Master's degree (26%); Bachelor's degree (22%)

Projected Growth: Slower than average (3% to 7%)

Related Job Titles: Chief Financial Officer (CFO); Chief Executive Officer (CEO); President; Vice President; Chief Operating Officer (COO); Executive Director; Executive Vice President (EVP); Operations Vice President; Chief Diversity Officer (CDO); Chief Nursing Officer

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Source: O*NET OnLine information for Chief Executives.

More Management Careers

  • Appoint department heads or managers and assign or delegate responsibilities to them.
  • Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.
  • Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
  • Prepare budgets for approval, including those for funding or implementation of programs.
  • Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
  • Implement corrective action plans to solve organizational or departmental problems.
  • Direct human resources activities, including the approval of human resource plans or activities, the selection of directors or other high-level staff, or establishment or organization of major departments.
  • Negotiate or approve contracts or agreements with suppliers, distributors, federal or state agencies, or other organizational entities.
  • Preside over or serve on boards of directors, management committees, or other governing boards.
  • Establish departmental responsibilities and coordinate functions among departments and sites.
  • Coordinate the development or implementation of budgetary control systems, recordkeeping systems, or other administrative control processes.
  • Review reports submitted by staff members to recommend approval or to suggest changes.
  • Deliver speeches, write articles, or present information at meetings or conventions to promote services, exchange ideas, or accomplish objectives.
  • Interpret and explain policies, rules, regulations, or laws to organizations, government or corporate officials, or individuals.
  • Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
  • Review and analyze legislation, laws, or public policy and recommend changes to promote or support interests of the general population or special groups.
  • Administer programs for selection of sites, construction of buildings, or provision of equipment or supplies.
  • Direct or conduct studies or research on issues affecting areas of responsibility.

Source: O*NET OnLine information for Chief Executives.

  • Speaking - Talking to others to convey information effectively.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
  • Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job.
  • Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
  • Coordination - Adjusting actions in relation to others' actions.
  • Negotiation - Bringing others together and trying to reconcile differences.
  • Systems Analysis - Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
  • Systems Evaluation - Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.

Source: O*NET OnLine information for Chief Executives.

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