So I work for a large bank in the United States. Me and my coworkers always joke that whenever something bad or inconvenient happens it’s the CEOs fault. Though it’s just a running joke it got me thinking, on a day to day basis what does a CEO actually do? I get the “Chief Executive Officer” nomenclature means they more than likely make executive decisions but what does that look like? Are they at their desk signing papers all day? Death by meeting?
Edit: Holy crap thanks for all the answers I feel like this sub always pulls through when I have a weird question. Thanks guys!
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If a company is a car, the wheels and tires are the “regular employees”, the managers (the ones that actually are useful, anyway) and other c-level people are the brakes, the transmission, suspension, batteries, all the other critical parts… and then there is the engine. That’s the CEO. Car can’t go anywhere without the engine.
Well, I guess it can go down hills without the engine. And if the car has been running already and speeding down a flat highway, it will go as far as it can until friction and air resistance stops it. So the analogy still holds up; company can only go so far without a CEO until it has to ask itself “what are we supposed to be aiming for and how do we get there?”
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