Role Of CEO In Corporate Governance
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Transcript of Role Of CEO In Corporate Governance
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Role of CEO in Corporate
Governance
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Role of CEO• Power & in uence through personal
action•
Handling Organizational Politics• Role as a negotiator• Role as a communicator•
Role as a role model
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Personal Action• Ordering the emplo ees• !a"ing su#tle cultural changes•
Persuading the emplo ees• $nducing the emplo ees
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Organizational Politics• One%upmanship• Clash of interests #etween emplo ees•
Putting down others to gainprominence in the e es of the CEO• Competition•
$mportance of functions• inance ' (hat can an one do without
funds4
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• !ar"eting ' )read and #utter* (ithout usthe compan shuts down
• Production ' +nless products areproduced, the mar"eting man would #eidle
• HR ' (ho releases the salaries of theemplo ees and manages our careers*
• -he CEO has to ta"e along with him allthese "inds of emplo ees # channelingthem into the creative side of thecompan .s activities*
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CEO as a negotiator• +se negotiations to e/ect increase in
productivit , reduction ina#senteeism*
• 0o not let personal pre1udices tocreep in while negotiating
• )oth the sides to #e given a patienthearing during negotiations*
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CEO as communicator• Communicates 2rm.s vision, mission,
goals and o#1ectives• Also he ma have to listen to the
emplo ees complaints3pro#lems etc• CEO.s must 2rst tr and understand
the pro#lem and then give a solution*• Right communication given at the right
time can motivate the emplo ees• 4eed to #e good orators
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-ime !anagement for CEOs• Categorize tas"s into A)C• A 6 !ost +rgent and important tas"s
needing personal attention of CEO• ) 6 4ot so important tas"s which
could #e handled # others also•
C 6 4ot important now #ut ma#ecome A or ) categor tas"s later
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CEO.s -ime !anagement
TasksTasks PreferredPreferredTime %Time %
Actual TimeActual Time %%
StrategyStrategyM !it ri!gM !it ri!gPerf rma!cePerf rma!ce
"eaders#i$"eaders#i$Stake ldersStake ldersPe $lePe $le&e'el $me!t&e'el $me!t
35351515
3(3(1(1(1(1(
1(1(4545
15153535(5(5
1(
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-han" 7ou
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