| What Is the Meaning Of C Level Jobs & Its Importance HRMantra
Duration: 5-6 minutes
C level jobs or C suite refers to high-level, executive title jobs in the corporate world. These jobs are referred to as C level jobs because their titles usually begin with the letter “C”. The jobs that commonly fall under the umbrella of C level jobs are:
These are the lead, decision-making authorities of a company that usually oversee the functioning of the work and employees. These are high-paying work profile jobs.
CEO - Chief Executive Officer
The CEO is the highest-ranking official of a company, who makes the decisions, deals with long-term goals, and is responsible for the success of the company. The CEO is also responsible for laying down plans and strategies for the company. It is usually the CEO who is responsible for hiring the other C suite executives.
COO - Chief Operating Officer
The COO is the second-highest ranking official of an organization who is second in command to the CEO. Unlike the CEO, the COO is responsible for the day-to-day operations of the company. The main job of a COO is to implement the strategies laid down by the CEO and ensure smooth functioning of the company. It is a COO’s job to bring the CEO’s vision and mission to life.
CFO - Chief Financial Officer
The CFO or Chief Financial Officer is the senior-most executive responsible for financial actions of the company. The work profile of a CFO mainly includes (but is not limited to) financial planning, tracking financial strength, and cash flow of the company. “In addition to being a financial custodian, CFOs often advise the CEO and the Board of Directors on the overall strategic direction of the business,” says Oracle.
CTO - Chief Technological Officer
The CTO or Chief Technological Officer, also known as Chief Technical Officer, is the highest-level official in charge of a company’s technological needs as well as research and development. The CTO is the head of the organization’s technology and oversees the data and the IT. The CTO reports directly to the CEO.
CMO - Chief Marketing Officer
The Chief Marketing Officer is responsible for managing and implementing marketing strategies. Usually, a CMO works his/her way up from sales and marketing. Gartner says, “The CMO’s primary responsibility is to generate revenue by increasing sales through: brand management, marketing communications, market research, product marketing, distribution channel management, pricing, and customer service.”
CHRO - Chief Human Resource Officer
The CHRO of a company is in charge of human capital management. The CHRO is the head of Human Resources (HR) and hence supervises its employees, hiring and recruitment, staff, compensation and compliance with labor laws, training, and payroll. A CHRO is often called CPO - Chief People Officer.
To be a C level executive, one must be a master of their field. For a CFO, one must be aware of all accounting and financial matters and have in-depth knowledge. All C level executives must possess leadership skills and a strategic mindset. Skills such as communication, critical thinking, decision-making, innovation, and technical knowledge are essential.
Occupying a C Level position is a very stressful task. The main responsibility at the C Level is to make and implement strategies for the success of the company. The responsibilities also include cultivating and maintaining relationships with stakeholders and clients, overall development of the company, managing the workforce, and decision-making.
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