CEO’s
CEO stands for chief executive officer and this title is for the person that holds the
highest position in a company. With the highest position in the company they can do any job
they want within the company. They usually have more important jobs to do like “setting
strategy and direction, modeling and setting the company’s culture, values, and behavior,
building and leading the senior executive team, and allocating capital to the company’s
priorities.” These types of jobs take more than just looking at reports and analytics, this is why
“many senior managers use intuition to some extent in making decisions.” They use their
intuition when they have a feeling rather than using research when making decisions. There are a
lot of CEO’s but there is one CEO that really caught my attention and that is Founder and CEO
of 100 Thieves Matthew “Nadeshot” Haag.
When it comes to setting strategy and direction for a company CEO’s and senior
managers plan and set goals for the month and the year. “A goal is a desired future circumstance
or condition that the organization attempts to realize.” They set these goals so they can have a
path on where they want to take the company. “A plan is a blueprint for goal achievement and
specifies the necessary resource allocations, schedules, tasks,and other actions.” They can set
goals but without planning they will not complete the goals with efficiency. An example of a
goal is “increase sales by 15 percent by the end of the next fiscal year or reduce expenses by 10
percent by the third quarter.” For these a precise plan will make achieving these goals a lot
easier but without it they could take the wrong resource away. The goals that are set is to move
the company in a direction that the managers want.
The company’s culture, values, and behavior all starts with the CEO and senior managers
ethics. “Ethics is the code of moral principles and values that governs the behaviors of a person
or group with respect to what is right or wrong.” When it comes to a company ethics, it’s the
values that the CEO has for himself. When good values are a part of a company it can benefit the
company’s culture and behavior. Values companies should have in place are “integrity, honesty,
trust, accountability, and leadership.” With values like this the company’s culture will be better
because the culture is made by both employees and management. “Clarity of purpose, employee
engagement, an environment of trust, and continued learning” are what makes the culture for the
company. Senior management are able to control three out of the four things but if employees
can’t trust each other the company’s culture is bad. Employees behavior will reflect the
company’s culture and values. A company with a bad culture and bad values will result in poor
employee behavior.
Building and leading the senior executive team is not only hard but scary. “You need to
