Behind A CEO’s Comfortable Chair: How Do They Impact the Industry?

Steve Jobs, Bill Gates, Elon Musk, Sundar Pichai, Satya Nadella – we all know them as CEOs for some of the biggest tech companies dominating the world. We see them give speeches, open important events for their companies, but apart from that, what are the responsibilities of a CEO?  How important is the role? CEOs have immense influence over the company. Their vision can make or break a company. Remember when Apple fans feared the retirement of Steve Jobs? They were worried whether the company would be as innovative as it was. 

 

The internal functioning of tech companies can be nerdy to the common public and hence, a charismatic and vision-driven CEO becomes the face of the company. The crux of the role is building a solid business foundation, guiding teams through the fundamentals, keeping the managers aligned with the company’s big main goal, expanding resources, innovating, and nurturing the growth and stability of the business. 

 

If we break down the above duties, it all comes down to team strength. A strong CEO builds a team that can survive the ups and down of the company with a can-do attitude. A CEO focuses on providing leadership to a company and leaves the daily tasks to the senior staff- . bBecause without proper direction, motivation, encouragement, and vision, the company falls under the risk of becoming stagnant in this cut-throat business world. 

 

The public perceives CEOs, as the face of the company,company; hence, a CEO should represent what the company is about. If we think about Elon Musk and Sunder Pichai, they are two people with different personalities but with the same work responsibilities. They need to ensure the success of their company and leverage technology to benefit the business. That said, great CEOs around the world share some poignant similarities like personal integrity, strategic focus, leadership, and communication skills. No matter what industry the organization functions in, good principles set by the CEO provide clarity and thought to employees, stakeholders, and competitors. 

 

It won’t be wrong to say that, the tech industry is a young industry. With advancements and innovations being a constant, the credibility and strength of a CEO portray the confidence of the organization for its future prospects. Internally and externally, CEOs are vital. They show the staff what to focus on and give the public a reason to focus on the company. 

 

Making top managerial level decisions is not an easy task. They are decisions that can decide the future of the company and require immense dedication and market knowledge. This is what separates a CEO and an extraordinary CEO. An extraordinary CEO can predict the future of the industry, how the audience demands will change, and innovate on those lines. They can also strategize better for foreseeable risks and equip the managers and executives to be agile. 

 

CEOs are leaders who are confident, dynamic, empathetic, and intelligent. These qualities make for extraordinary CEOs that are liked by everyone. Without their direction, the ship might sail but get lost before reaching the desired destination.