What Are the Key Responsibilities and Daily Tasks of a CEO? Seeking Your Insights

Dear All,

Can you please share with me the KRAs of a CEO and their detailed jobs and responsibilities too?

Thanks,
Clara

Most of the members of this forum are young. This forum is a little inappropriate to ask this query.

Secondly, KRAs for the CEO of your company will depend on the type of industry, the type of business you are in, current market environment, and so on. Ideally, it is the board that should decide the KRAs of your CEO. Under the pretext of delegation, if this job is delegated, then it is not delegation but rather an abdication of responsibility by the board members. KRAs will originate from the vision and mission of your organization.

Hello Clara,

I beg to differ with Dinesh on generalizing the experience of the forum members. To define a KRA of a CEO, the most common thread used are under these four headers:

1. Investor Delight Factors
2. Customer Delight Factors
3. Employee Delight Factors
4. Societal Delight Factors

Based on the above four parameters, you could specify further measure descriptions quantified per your industry base benchmarked with the market leader measured accordingly. For further discussions, you could reach me on my coordinates.

Warm regards,

Srinath G
Zonal Head - HR - South
+919538924176

Dear Srinath,

I do believe in the statement "the purpose of these discussions is not to achieve agreement but to generate dialogue and hence further our understanding of the issues." Hence, thanks for challenging my views.

When I wrote that most members of this forum are young, I did not mean to underestimate any member's seniority. Still, I feel that the right place for this query is one of the groups on LinkedIn and not Citehr.

You have given four parameters of measurement. However, Key Result Areas (KRAs) on these parameters can only be decided by the board of directors and no one else.

Today, the falling market share is the number one challenge for the newly appointed CEO of Nokia. Obviously, this factor will overshadow any other factor.

CEOs are selected based on the challenges of the market. When Carol Bartz joined Yahoo in 2006, her task was cut out - to increase revenue from the search engine and take on the competition with Google. But at that time, the challenges of the CEO of their rival, Google, were quite different.

"First, appoint the CEO and then tell the juniors to frame the KRAs" is nothing but ridiculous in plain language. Furthermore, Clara has asked for the duties and responsibilities of the CEO as well.

Possibly, we need to enumerate here the duties and responsibilities of the board members. Everything else is secondary at this moment.

Thanks,

Dinesh V Divekar

Dear Dinesh,

Appreciate your belief...

With regard to your mention of members being young, it still doesn't represent a view that is broad-based, and I disagree.

We are discussing the what of a CEO's KRA's, but not who decides, and I agree with you when you say it is decided by the Board.

Market Share is a derivative of Investor delight, and KRA's measure outcomes in that; the results thereof. Therefore, when I say we could derive factors of evaluations on the basis of measured description, there is complete alignment of thought with what is sought by the requester.

Carol Bartz's joining to increase market share again gets aligned with the broader spectrum of evaluation on Investor Delight. We should not forget the reason for her appointment; Investors being unhappy about the value of the firm as noted by the share value at that point in time and effecting the change.

However, the finer aspects are duties and responsibilities to be charted out by the larger gamut of outcomes that are desired, which are unique to an individual firm.

Warm Regards,
Sri