Managing Director/Chief Executive Kaihautū Whakahaere/Tumu Matua
Managing directors/chief executives organise and take responsibility for the effective operation of an organisation.
Managing directors/chief executives may do some or all of the following:
- provide the overall leadership, direction and management of an organisation
- lead development of an organisational culture supporting the values and objectives of the business
- ensure strategic and business plans are in place and monitored
- ensure realistic goals are set for an organisation, and that these goals are met
- ensure the organisation complies with company law and other relevant legislation
- monitor financial performance and make sure the organisation remains profitable
- manage risks to the organisation
- ensure the organisation's policies and procedures are followed
- consult with management staff on issues
- report regularly to stakeholders, often through the board of directors
- act as a bridge between the organisation, its shareholders and the outside world
- represent the organisation at conferences and official occasions.
Useful Experience
Useful experience for managing directors/chief executives includes:
- using leadership skills in challenging and complex situations
- any senior leadership position where you have entered the role and started performing straight away.
Personal Qualities
Managing directors/chief executives need to be:
- able to multitask and delegate
- skilled at planning and organising
- skilled at problem-solving and decision-making
- good at communicating
- able to analyse information
- positive and adaptable
- able to work well under pressure.
Useful Experience
Useful experience for managing directors/chief executives includes:
- using leadership skills in challenging and complex situations
- any senior leadership position where you have entered the role and started performing straight away.
Subject Recommendations
A tertiary entrance qualification is required to enter further training.
Managing Director/Chief Executives can earn around $120K-$700K per year per year.
Managing directors/chief executives may start their own business in a range of industries, or move into local or national politics.
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