Ceo Job Searches – Is it Possible to Become a CEO?

DATE: Jul, 7   COMMENTS: 0   AUTHOR: Allan Azarola

If you’re looking for the top jobs in corporate America right now, the best choices aren’t at the major companies themselves. While it’s possible for bright students to begin this route by receiving a bachelors in economics or public administration, those most interested in becoming a CEO often pursue a related business-related degree, including management and/or business administration. In fact, this degree is growing in popularity for its ability to prepare graduates for careers in all kinds of corporations (not just those headed up by Fortune 500 companies). A management degree, for example, allows you to take on the role of a top manager in any type of company from small privately held companies to multi-national chains. The skills learned in a college or university will be transferred to the workplace, giving you not only a competitive edge against other future competitors, but also a wide range of opportunities to pursue depending on your interests and talents.

One skill that you absolutely must have if you want to become a CEO is strategic thinking. While many are under the impression that strategic thinking means you’ll need to have an advanced degree in economics or business, it actually refers to a series of general business skills that can be applied to any type of organization. Those who wish to go into management must be skilled at building a team that works well together and at managing resources effectively. Most importantly, they must possess excellent leadership skills – being able to lead people and make decisions that benefit the company rather than simply their own career path.

If you think you have what it takes to be a CEO, you’ll need to go beyond your current level of education. Many CEOs began their careers as either an officer or director of a company, and there’s a good chance that you were a key manager in one or more of these companies. Some of the skills you learned while in college – strategic thinking, team building, and leadership – can serve you well as a manager in another type of organization. Even some of the best CFOs began their careers as an officer or director of a corporation, so these skills are also relevant to your future as a CEO. Just because you were a key player on the team of a large corporation doesn’t mean you can’t apply these same skills to a smaller business. The only difference will be that you probably won’t earn the stock options or the salary that CFOs earn.

There are several distinct types of CFOs who perform many different duties within organizations. Chief financial officers manage the overall finances of a corporation. Audit executives inspect the books of a company and the financial documents that back them up. Chief compliance officers to ensure that the books of a corporation are accurate and up-to-date. Many CeOS have advanced degrees and specialized certifications from a college or vocational institute, which makes them experts in their particular area of accounting, finance, or business law.

Although many people view becoming an executive as the easy way out of working for yourself, it is usually the most difficult path to take. It requires strong leadership skills as well as business acumen to lead a team of people and make sound business decisions. Your primary focus may not be managing the day-to-day operations of the organization, but making important strategic and key decisions. In order to climb the corporate ladder, it is imperative that you are both capable and experienced in decision-making.

Although it may seem very unlikely, some companies actually groom their top executives for a leadership role. If you work with a company that does this, it is possible that you will even qualify for a senior leadership role down the road. These companies hire executives on a full-time basis and groom them for future opportunities. As these executives gain more managerial experience, they remain employed by the company and take their job responsibilities seriously. As they approach retirement, they remain board members and vote on major issues affecting the company and share their opinions with other board members.

It's only fair to share...Share on Facebook
Tweet about this on Twitter
Share on LinkedIn