Duties and Responsibility
Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and public or private-sector organizations.
Long hours, including evenings and weekends, are standard for most executives and general managers. However, some have the ability to set their own schedules.
Working locations can be anywhere because executives tend to travel a lot, whether it may be local, national, or international. They work in large offices with a plethora of staff members.
Executives earn about an average $101,250 per year. They have to earn there way up to that though.
Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. College presidents and school superintendents typically have a doctoral degree in the field in which they originally taught or in education administration. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a Master of Business Administration (MBA). Or you can always work your way up to the top
Executives need to have the following skills to be successful
- Communication Skills
- Decision-making Skills
- Leadership Skills
- Management Skills
- Problem Solving Skills
- Time-management Skills
Employment for top executives is predicted to increase by 5% by 2020 which is slower than the average for all occupations. Employment growth will be driven by the formation of new organizations and expansion of existing ones, which will require more managers and executives. Top executives can expect tough competition for jobs.
Being the CEO (chief executive officer) of a business is one of the the only places to move up from a top executive.