Do you have any subjects related to business? If yes, you might have been given a project about making a business plan.

For today, I will share something about one part of it and that is the job description.

Without further ado, pleas proceed in the next lines.

Chief Executive Officer

• Formulating and implementing the strategic plan that guides the direction of the business or organization.

• Evaluating the success of the business or organization in reaching its goals

• Creating, communicating, and implementing the organization's vision, mission, and overall direction

• Leading the development and implementation of the overall business or organization's strategy

• Overseeing the complete operation of an organization in accordance with the direction established in the strategic plans

Job Specification:

• Bachelor’s degree or master's degree in a relevant discipline or MBA.

• Experience in a senior management position.

• Ability to build consensus and relationships among executives, partners, and the workforce.

• Ability to work under pressure, plan personal workload effectively, and delegate.

• Proven negotiation skills.

Chief Financial Officer

• Control and evaluate the organization’s fundraising plans and capital structure

• Drive the company’s financial planning

• Perform risk management by analyzing the organization’s liabilities and investments

• Deciding on investment strategies by considering cash and liquidity risks

• Prepare reliable current and forecasting reports.

Job Specification:

• Excellent knowledge of data analysis and forecasting methods

• Strong leadership and organizational skills

• Excellent communication and people skills

• Ability to strategize and solve problems

• BSc/BA in Accounting, Finance or relevant field; MSc/MBA.

Chief Operating Officer

• Working together with key participants to compile the budget.

• Driving the company’s operating capabilities to surpass customer satisfaction and retention, and company goals.

• Controlling company costs, and introducing tactical initiatives to address theft and other losses.

• Assessing and implementing improved processes and new technologies, and collaborating with management regarding the implementation of these improvements.

• Delegating responsibilities to ensure staff members grow as capable participants.

Job Specification:

• Bachelor's degree in business administration.

• 5 years of experience managing a complex enterprise's human resources, finances, operations, and strategies.

• Proven track record of outstanding performance in a previous complex enterprise.

• Outstanding verbal and written skills, and experience working with staff on all levels.

• Proven track record of managing complex budgets successfully.

Final Thoughts

Businesses play a big role in the economy. Without it, an economy may not grow. Doing activities like this is not only a requirement in school, it also help every student to have an idea about the real scenario in the world of business.

If you have any other suggestions, feel free to write it down below. See you again on my next article where I will be going to share a new topic.

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