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Executive Jobs - What Are They and How to Get One

Executive

What Does an Executive Do?

An executive is a senior-level manager who helps guide a company’s direction through strategic planning, coordinating with other executives, and directing the activities and operations of their team. Everything an executive does is to help the company reach its goals through improved productivity, efficiency, and profitability. Executives participate in meetings to discuss strategies and policies. Many executives travel frequently. They attend conferences to make business connections, and they visit national and international branches of company offices.

How Do You Become an Executive?

To become an executive, you must study and work hard. Nearly all executives have a bachelor’s or master’s degree. Some executives study business management, business administration, or related fields like marketing or communications. Others study industry-specific knowledge like computer engineering or law. Executives typically spend five years or longer working for a particular company or industry, climbing the corporate ladder to get experience in management positions before attaining a job as an executive in senior management.

What Are Different Types of Executive Jobs?

The different types of executive jobs include upper- and senior-level management as well as the C-suite—the highest levels of senior management. The C-suite executives have the word “chief” at the beginning of their titles: Chief Executive Officer (CEO), Chief Operating Officer (COO), and Chief Financial Officer (CFO) are the most common. Companies with a heavy reliance on information technology may also have a Chief Information Security Officer (CISO). Other executive jobs include vice president and director of various departments.

What Is the Job Duty of an Executive?

The primary job duty of an executive is to oversee the operations of a particular part of a company—or the whole business if the executive is the CEO. Executives look for ways to cut costs while improving productivity and efficiency. They strategize with other executives to develop policies and procedures that promote the company’s goals. Executives have to make critical financial decisions, appoint and train new managers, and guide the organization’s policy and culture.

What Are the Benefits of an Executive Job?

The are many benefits of an executive job. Many professionals are drawn to executive positions due to the high salary. According to the Bureau of Labor Statistics, executives earned a median annual salary of $103,950 in 2017. Executives are also compensated with lucrative benefits packages that include health, dental, vision, and life insurance, retirement plans, paid time off, bonuses, and profit units or company stock.

Executive Job Description Sample

With this Executive job description sample, you can get a good idea of what employers are looking for when hiring for this position. Remember, every employer is different and each will have unique qualifications when they hire for a Executive role.

Job Summary

We are seeking an experienced Executive to join our team and oversee the development of our high-level operations. The successful candidate is responsible for driving corporate and operational initiatives, setting strategic direction, and managing the daily leadership and management of our organization. The Executive position requires a strong leader with excellent problem-solving skills and excellent organizational, communication, and interpersonal capabilities.

Duties and Responsibilities

  • Develop, implement, and monitor strategic objectives and plans to ensure company success
  • Oversee and lead all daily operations and activities
  • Establish and maintain relationships with internal and external stakeholders
  • Develop and implement policies and procedures for the organization
  • Analyze and evaluate the organization’s performance data and metrics
  • Manage and direct the activity of department heads
  • Oversee the recruitment, hiring, and training of personnel
  • Ensure compliance with all applicable laws and regulations
  • Represent the organization externally at meetings and conferences

Requirements and Qualifications

  • Bachelor’s degree in business, management, or related field
  • 5+ years of management experience in a similar role preferred
  • Proven track record of developing and implementing successful strategies and plans
  • Strong leadership and problem-solving skills
  • Able to build and maintain relationships with stakeholders
  • Knowledge of applicable laws and regulations
  • Able to work independently and effectively in a fast-paced environment