Median Annual Wage: $173,320
Education: Master's degree (26%); Bachelor's degree (22%)
Projected Growth: Slower than average (3% to 7%)
Related Job Titles: Chief Financial Officer (CFO); Chief Executive Officer (CEO); President; Vice President; Chief Operating Officer (COO); Executive Director; Executive Vice President (EVP); Operations Vice President; Chief Diversity Officer (CDO); Chief Nursing Officer
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Source: O*NET OnLine information for Chief Executives.
More Management Careers
- Appoint department heads or managers and assign or delegate responsibilities to them.
- Analyze operations to evaluate performance of a company or its staff in meeting objectives or to determine areas of potential cost reduction, program improvement, or policy change.
- Direct, plan, or implement policies, objectives, or activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, or to increase productivity.
- Prepare budgets for approval, including those for funding or implementation of programs.
- Confer with board members, organization officials, or staff members to discuss issues, coordinate activities, or resolve problems.
- Implement corrective action plans to solve organizational or departmental problems.
- Direct human resources activities, including the approval of human resource plans or activities, the selection of directors or other high-level staff, or establishment or organization of major departments.
- Preside over or serve on boards of directors, management committees, or other governing boards.
- Negotiate or approve contracts or agreements with suppliers, distributors, federal or state agencies, or other organizational entities.
- Establish departmental responsibilities and coordinate functions among departments and sites.
- Coordinate the development or implementation of budgetary control systems, recordkeeping systems, or other administrative control processes.
- Review reports submitted by staff members to recommend approval or to suggest changes.
- Deliver speeches, write articles, or present information at meetings or conventions to promote services, exchange ideas, or accomplish objectives.
- Interpret and explain policies, rules, regulations, or laws to organizations, government or corporate officials, or individuals.
- Prepare or present reports concerning activities, expenses, budgets, government statutes or rulings, or other items affecting businesses or program services.
- Review and analyze legislation, laws, or public policy and recommend changes to promote or support interests of the general population or special groups.
- Administer programs for selection of sites, construction of buildings, or provision of equipment or supplies.
- Direct or conduct studies or research on issues affecting areas of responsibility.
Source: O*NET OnLine information for Chief Executives.
- 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.
- Speaking - Talking to others to convey information effectively.
- Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
- Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job.
- Coordination - Adjusting actions in relation to others' actions.
- Systems Analysis - Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
- Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures.
- Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Source: O*NET OnLine information for Chief Executives.