Replies to post #24139 on Viratech Corp. (VIRA)

[Goodfill]

At least they can sleep well tonight knowing that their shareholders are happy.....NOT and that James fits the bill for a CEO.

excert from the web. Lets see if James fits the bill.

CEO Duties

A CEO is much more than just another upper level manager who has been promoted due to standard of experience or performance. CEO's function as the main artery between the cooperate board members and the various levels of the organization itself. The CEO is often held solely responsible for the success or failure of a corporation. It is also the CEO's responsibility to maintain and implement the corporate objectives established by the board members. There are three major responsibilities of a corporate CEO.

The first responsibility of a CEO is that he or she must have is a vision. The CEO must be able to scan the environment for hints of future changes within the industry. A CEO must be able to look into the future and predict changes as well as to project solutions to these changes. Seeing what is coming is only half of the job. Communicating this change to all other parts of the corporation is just as important. All of the various functions within the organization must be prepared to deal with foreseen changes or the company may not survive. This means that a CEO must be a visionary, a problem solver, and a communicator.

The second requirement is that a CEO must act as a role model for the entire organization. Everything from how he or she dresses to what his or her values and attitudes represent, serve as models for employees and managers alike. Therefore, the CEO has the responsibility of setting a good example for the corporation. This requirement challenges the CEO to be a role model and a leader.

The third responsibility is that a CEO should set performance standards for the company and should promote those standards with confidence. The CEO must determine what standards are required to maintain a competitive advantage in the industry and implement these standards into the output of the corporation. Standards need to be set high to remain competitive yet still be within an attainable range. This responsibility requires that the CEO be a motivator as well as a supporter.

These three duties of a CEO are vital to the success of the company, but the CEO's responsibilities do not end at the boundaries of the corporation. Every decision a CEO makes affects many different people both internal and external to the corporation. Therefore, every decision must be well thought out and planned; the consequences of a bad decision could destroy the company.

The CEO's job is to implement and maintain the corporation's objectives through unexpected as well as foreseen threats and opportunities. The CEO is the key that keeps the corporation in focus. With highly competitive global markets and the fast-paced growth of technology, today's CEO's are faced with increasing requirements to meet success and the risks are greater then ever.