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Key Tasks of a CEO

  • 📈 Decide the company's direction, including goals, strategies, and decisions on acquisitions, new products, or expansion.
  • 💸 Decide how the company's money is spent, including setting budgets, approving transactions, and making financial decisions.
  • 📢 Act as the public face of the company, representing the organization to the public, media, and investors.
  • 🔄 Dictate the company's culture and work environment, influencing the tone and values of the organization.

Setting Company Culture

  • 📊 Create a culture that aligns with the company's goals and values by leading by example.
  • 👥 Encourage a relaxed or professional atmosphere, depending on the company's needs and industry.
  • 📈 Set expectations for staff behavior and performance, and ensure leadership teams model the desired culture.

CEO Time Management

  • 📊 Spend time talking to people, including employees, customers, and investors, to gather information and make informed decisions.
  • 📈 Allocate time for strategy development, financial planning, and culture-building activities.
  • 📊 According to a Harvard Business Review study, CEOs spend an average of 62.5 hours per week working, with 25% of their time spent on people and relationships, and 72% of their time spent in meetings.