Corporate Titles are given to the highest ranking officials of a company. These officials have high responsibilities and are required to have a various set of management skills.
But not everyone wants to become an official. For example, there are a lot of developers that do not want these jobs, they just want to understand the requirements of the platform and build it. They don’t want to talk much with the client or do tasks somewhat unrelated to coding.
And that’s ok.
In my opinion a developer that understands the requirements and knows the best way to implement them is just as important as the person who finds new clients.
Sure, if there are no new clients the company dies, but if the company fails to deliver, the clients won’t be coming back and finding new clients will become harder and harder.
A company must have a good structure from top to bottom.
A top-level official must be a person that has passion for the company and it’s future, someone who can bring a team together, thinks strategically, loves big ideas and always looks to bring the best in people. So what are the skills the companies look for when looking for these positions?
- Personal Character
THE FUNCTION OF LEADERSHIP IS TO PRODUCE MORE LEADERS, NOT MORE FOLLOWERS.RALPH NADER
Now let’s have a look at some of these corporate titles.
CEO: Chief Executive Officer
This is the highest-ranking executive in a company and it’s responsibilities usually involve talking with the board members, motivate and guide employees to follow and understand the vision of the company.
COO: Chief Operations Officer
The COO is the second in command and it’s responsible for the managing daily operations and do regular reports.
CFO: Chief Financial Officer
Every company needs money to survive and the CFO is responsible to manage the financial risk of the business. While expanding the company, the CEO will rely on the CFO to make sure the company is not over-expanding which can lead to the death of a company.
How can a company over-expand? Find out here: How fast should your business grow?
CTO: Chief Technology Officer
With the growing rate of technology there is a need for a person to oversee the technological side of the company. That’s where the CTO comes in. Having the right tech tools needed for the smooth running of the company is extremely important.
CMO: Chief Marketing Officer
Brand is such an important factor that many companies fail to understand and build. Well established companies make brand management a high priority. The CMO might take roles such as sales management, product development, marketing, market research, pricing and customer service.
THERE HAS NEVER BEEN A BETTER TIME IN THE HISTORY OF TIME, THAN RIGHT NOW TO START A BUSINESSGARY VAYNERCHUK
These are just some of the main titles in the big corporations world.
Are you pursuing a ‘C’ title? Where will your skills lead you? Let me know in the comments.