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  • Role of CEO in Corporate Governance

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    Tapan Shah
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    The CEO plays several important roles in corporate governance including using personal action and influence to make subtle cultural changes and persuade employees, handling organizational politics by managing competing interests between departments, and acting as a negotiator to increase productivity and reduce absenteeism without personal biases. The CEO must also effectively communicate the company's vision and goals, listen to employees, and act as a role model for others to emulate. Finally, the CEO needs strong time management skills to focus on strategic tasks while delegating other responsibilities and monitoring company performance.

    Original Description:

    Role Of Chief Executive Officer In CG.

    Original Title

    Role Of CEO In Corporate Governance

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    The CEO plays several important roles in corporate governance including using personal action and influence to make subtle cultural changes and persuade employees, handling organizational politics by managing competing interests between departments, and acting as a negotiator to increase productivity and reduce absenteeism without personal biases. The CEO must also effectively communicate the company's vision and goals, listen to employees, and act as a role model for others to emulate. Finally, the CEO needs strong time management skills to focus on strategic tasks while delegating other responsibilities and monitoring company performance.

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    © All Rights Reserved
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    326 views11 pages

    Role of CEO in Corporate Governance

    Uploaded by

    Tapan Shah
    The CEO plays several important roles in corporate governance including using personal action and influence to make subtle cultural changes and persuade employees, handling organizational politics by managing competing interests between departments, and acting as a negotiator to increase productivity and reduce absenteeism without personal biases. The CEO must also effectively communicate the company's vision and goals, listen to employees, and act as a role model for others to emulate. Finally, the CEO needs strong time management skills to focus on strategic tasks while delegating other responsibilities and monitoring company performance.

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    of 11

    Role of CEO in Corporate

    Governance

    Role of CEO
    Power & influence through personal
    action
    Handling Organizational Politics
    Role as a negotiator
    Role as a communicator
    Role as a role model

    Personal Action

    Ordering the employees


    Making subtle cultural changes
    Persuading the employees
    Inducing the employees

    Organizational Politics
    One-upmanship
    Clash of interests between employees
    Putting down others to gain
    prominence in the eyes of the CEO
    Competition
    Importance of functions
    Finance What can anyone do without
    funds
    4

    Marketing Bread and butter. Without us


    the company shuts down
    Production Unless products are
    produced, the marketing man would be
    idle
    HR Who releases the salaries of the
    employees and manages your careers.
    The CEO has to take along with him all
    these kinds of employees by channeling
    them into the creative side of the
    companys activities.
    5

    CEO as a negotiator
    Use negotiations to effect increase in
    productivity, reduction in
    absenteeism.
    Do not let personal prejudices to
    creep in while negotiating
    Both the sides to be given a patient
    hearing during negotiations.

    CEO as communicator
    Communicates firms vision, mission,
    goals and objectives
    Also he may have to listen to the
    employees complaints/problems etc
    CEOs must first try and understand
    the problem and then give a solution.
    Right communication given at the right
    time can motivate the employees
    Need to be good orators
    7

    CEO as a role model


    CEO looked upon as a role model
    whom employees try to emulate
    Catalyst for transformation
    Reaching Out
    Planning of Strategies
    Problem Solver

    Time Management for CEOs


    Categorize tasks into ABC
    A = Most Urgent and important tasks
    needing personal attention of CEO
    B = Not so important tasks which
    could be handled by others also
    C = Not important now but may
    become A or B category tasks later

    CEOs Time Management


    Tasks

    Preferred
    Time %

    Actual Time
    %

    Strategy
    Monitoring
    Performance
    Leadership
    Stake Holders
    People
    Development

    35
    15

    10
    45

    30
    10
    10

    15
    35
    05
    10

    Thank You

    11

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