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The role of the CEO is to ultimately decide on the strategy and keep people focused on it. (Often the board will try to take this over, but that's really not their job.)
Strategy essentially answers 4 questions:
1. What products will we offer and not offer?
2. What markets will we serve and not serve?
3. What will and will not be our competitive advantage? Said otherwise: How does the market we want to serve need to perceive us in order to what to do business with us?
4. What are the key capabilities we need to create the competitive advantage / perception that will lead those customers to perceive us the way they need to perceive us to that they buy our products and services.
For a full treatment of this approach read "Spitting In the Wind - A Single, Obvious Insight to Focus and Sharpen Your Strategy." Google it.
What else can I help you with?
What is the CEO's role?
CEO is in charge of the Company.
What is the Role of female CEO in multi national corporation?
Same as the role of a male CEO.
What is the difference between general management and strategic management?
The CEO usually delegates the strategy to his subordinates,so that when the strategy does not work,he can sack the strategist. If ,on the other hand,if the strategy actually works,the CEO will take full credit. Life can be cruel.
What do chief executives do?
role of a ceo
What do executive officer do?
role of a ceo
Who is the CEO of Cognizant?
Francisco D'Souza is the CEO of Cognizant.
What do chief executive officers do?
role of a ceo
What is the role of the CEO of General Motors?
The Role of the CEO of General Motors includes the organization of the day to day operations of the company. Also, to motivate employees, make decisions about policies and strategies are some of the responsibilities of the CEO.
What is the principal strategy the CEO of KFC is pursuing?
boost the u.s operation it sell of and exist the market
Who is the CEO of Nortel Networks?
Nortel Networks doesn't have a CEO currently but rather a President of Business Services, Chris Ricaurte, and Chief Strategy Officer, George Riedel.
What has a central role in the formation of memories?
the hippocampus is the central role in formation of memories
What is the role of a deputy ceo?
The role of a deputy CEO is to assist the chief executive officer in managing the organization's operations and strategic direction. This position often involves overseeing specific departments, implementing company policies, and ensuring that the organization's goals are met. The deputy CEO may also act as a liaison between the CEO and other executives, as well as represent the CEO in their absence. Overall, the deputy CEO plays a crucial role in supporting leadership and driving organizational success.
