What is a Chief Executive?
Position Description Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
Daily Life Of a Chief Executive
- Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
- Preside over or serve on boards of directors, management committees, or other governing boards.
- Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
- Establish departmental responsibilities and coordinate functions among departments and sites.
- Direct or coordinate activities of businesses involved with buying or selling investment products or financial services.
- Nominate citizens to boards or commissions.
What a Chief Executive Should Know
These are the skills Chief Executives say are the most useful in their careers:
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Speaking: Talking to others to convey information effectively.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Management of Personnel Resources: Motivating, developing, and directing people as they work, identifying the best people for the job.
Other Chief Executive Job Titles
- County Supervisor
- Private Sector Executive
- President of the United States
- Commissioner of Internal Revenue
- Recreation Superintendent
What Kind of Chief Executive Job Opportunities Are There?
In 2016, there was an estimated number of 308,900 jobs in the United States for Chief Executives.
Chief Executive jobs are decreasing by a rate of -3.9%. This means the total job opportunities are shrinking. The Bureau of Labor Statistics predicts a loss of -12,100 jobs for Chief Executives by 2026. There will be an estimated 20,000 positions for Chief Executive per year.
The states with the most job growth for Chief Executives are Washington, Florida, and Utah.
Watch out if you plan on working in Illinois, California, or Pennsylvania. These states have the worst job growth for this type of profession.
What is the Average Salary of a Chief Executive
The average yearly salary of a Chief Executive ranges between $68,360 and $208,000. A Chief Executive median salary is $189,600.
How much do Chief Executives make in each U.S. state?
| State | Annual Mean Salary |
|---|---|
|
South Dakota |
$251,950 |
|
District of Columbia |
$247,500 |
|
Rhode Island |
$242,350 |
|
Texas |
$239,680 |
|
New Jersey |
$233,050 |
|
Pennsylvania |
$231,120 |
|
Illinois |
$230,070 |
|
Virginia |
$228,540 |
|
California |
$228,270 |
|
Massachusetts |
$221,810 |
|
Nebraska |
$220,950 |
|
Washington |
$220,730 |
|
New York |
$220,040 |
|
Georgia |
$218,590 |
|
Nevada |
$215,590 |
|
Oregon |
$212,290 |
|
Iowa |
$211,560 |
|
Connecticut |
$210,650 |
|
North Carolina |
$210,050 |
|
Louisiana |
$208,110 |
|
Michigan |
$206,660 |
|
Alabama |
$204,590 |
|
Hawaii |
$201,680 |
|
Ohio |
$201,100 |
|
Maryland |
$198,260 |
|
Colorado |
$198,130 |
|
Minnesota |
$195,320 |
|
Arizona |
$194,360 |
|
Florida |
$187,870 |
|
South Carolina |
$182,760 |
|
New Hampshire |
$180,250 |
|
Alaska |
$179,630 |
|
North Dakota |
$172,900 |
|
Kansas |
$172,100 |
|
Missouri |
$167,980 |
|
Utah |
$165,020 |
|
Oklahoma |
$157,540 |
|
Wisconsin |
$154,820 |
|
West Virginia |
$153,880 |
|
Maine |
$152,780 |
|
Tennessee |
$152,730 |
|
Kentucky |
$152,670 |
|
Indiana |
$148,730 |
|
Vermont |
$136,410 |
|
Montana |
$132,400 |
|
Wyoming |
$131,020 |
|
Arkansas |
$126,960 |
|
Mississippi |
$112,310 |
|
Idaho |
$94,470 |
Tools & Technologies Used by Chief Executives
Below is a list of the types of tools and technologies that Chief Executives may use on a daily basis:
- Atlassian JIRA
- Microsoft PowerPoint
- PHP: Hypertext Preprocessor
- Microsoft SharePoint
- Blackbaud The Raiser’s Edge
- Relational database management software
- Adobe Systems Adobe Acrobat
- Intuit QuickBooks
- SAP
- Microsoft Office
How do I Become a Chief Executive?
What education is needed to be a Chief Executive?
How Long Does it Take to Become Chief Executive?
Who Employs Chief Executives?
You May Also Be Interested In…
Those thinking about becoming Chief Executives might also be interested in the following careers:
- Postsecondary Education Administrators
Career changers with experience as a Chief Executive sometimes find work in one of the following fields:
- Treasurers and Controllers
References
Image Credit: Via Wikimedia Commons
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