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Published on: Monday, July 23, 2012

So What, Exactly, is the CEO’s Primary Role?

Posted By: Joseph Daniel McCool
Filed Under: leadership, joseph daniel mccool, ceo, effective management, responsibilities
So, what, exactly, is the chief executive officer's primary role?

What should CEOs be focused on today?

What should they never lose sight of?

If recent news headlines about high-profile CEOs and the astute observations of ExecuNet members in our functional role-specific Roundtables are any indication, it seems two things are true.


As part of ExecuNet membership, I conduct a weekly teleconference called Six-Figure Hotline where members call in to ask the questions keeping them up at night, and to gain market and trend insight from the career experts who join me in talking about issues that are important to executives today.

In one such teleconference, Tim Tyrell-Smith, an executive search expert, joined me, and a member asked, "Despite having solid financial progressions over a 25 year career and recent experience in a shared services environment, I have been unemployed for a year and have no prospects in sight. What can I do to attract employers' attention?" Here's what we had to say:


There are few things that get average Americans across the significant political divide unified in their disgust of business executives more than scandals related to insider trading, Ponzi schemes, super-inflated compensation and severance packages and general disdain for shareholders, employees and business partners.

And let's face it, in recent years, there have been no shortages of scandal. Just take a look at the abysmal loss of faith and confidence in the financial services sector — stretching to include some of the Wall Street icons that other business leaders for so long have idolized and patronized.


Published on: Tuesday, July 17, 2012

A Day with Stephen Covey

Upon hearing of the passing of Dr. Stephen Covey, bestselling author of The 7 Habits of Highly Effective People, I was reminded of a day I spent at a seminar with him in 2005 when he was promoting The 8th Habit: From Effectiveness to Greatness.

To the crowded room of business leaders he said, "Correct principles are like compasses. They are always pointing the way. And if we know how to read them, we won't get lost, confused or fooled by conflicting voices and values."

These words can guide anyone through any walk of life, and during my reflection, I thought I'd republish the article I wrote for ExecuNet's CareerSmart Advisor member newsletter detailing my introduction to Covey's principles and experience at this ground-breaking author's seminar.


June was the 30th consecutive month with a positive Executive Job Creation Index since the recession of 2008-2009. However, in June, we saw Executive Job Creation Index dip to +8, down from +24 in February, 2012.

The good news is that executive recruiters continue to see almost one in five companies planning to add executive level positions in the next six months. They also only see about 3 percent of companies planning to eliminate executive jobs over the next six months. The major dip in the index in June came about by more companies placing current searches on hold.


What World Renowned Business Leaders Have to Say

Many of the world's top business leaders, from a variety of industries, gathered in New York City to share their views on business and the challenges today's leaders will face in the coming years. Attendees learned how visionaries from a wide range of management disciplines define the process and commitments required to realize the potential for raising organizational performance in a time of lingering economic uncertainty and a changing global economy. These are can't miss insights for any business executive!

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