CareerGPS

Chief Executives
Summary Occupational Forecast Data for Chief Executives
Employment Employment Change Average Annual Job Openings Wage & Training Levels
2018 2023 Numerical Percent New Jobs Replacement Jobs Total Median Hourly Median Annual Training Levels
4,173 4,529 356 8.53% 71 309 380 $49.47 $102,901 Bachelor's degree
Description: Determine and formulate policies and provide the overall direction of companies or private and public sector organizations within the guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
Staffing Pattern Data Forecast Data Source: EMSI (2nd Quarter 2018)

Occupation Details

The information in this section represents occupational characteristics included in O*NET which defines key features of an occupation as a standardized, measurable set of variables called "descriptors". These distinguishing characteristics of an occupation are described in greater detail in the O*NET Content Model. All items are listed in descending order of importance.

  • Direct and coordinate an organization's financial and budget activities to fund operations, maximize investments, and increase efficiency.
  • Confer with board members, organization officials, and staff members to discuss issues, coordinate activities, and resolve problems.
  • Analyze operations to evaluate performance of a company and its staff in meeting objectives, and to determine areas of potential cost reduction, program improvement, or policy change.
  • Direct, plan, and implement policies, objectives, and activities of organizations or businesses to ensure continuing operations, to maximize returns on investments, and to increase productivity.
  • Prepare budgets for approval, including those for funding and implementation of programs.
  • Direct and coordinate activities of businesses or departments concerned with production, pricing, sales, or distribution of products.
  • Negotiate or approve contracts and agreements with suppliers, distributors, federal and state agencies, and other organizational entities.
  • Review reports submitted by staff members to recommend approval or to suggest changes.
  • Appoint department heads or managers and assign or delegate responsibilities to them.
  • Direct human resources activities, including the approval of human resource plans and activities, the selection of directors and other high-level staff, and establishment and organization of major departments.
  • Preside over or serve on boards of directors, management committees, or other governing boards.
  • Prepare and present reports concerning activities, expenses, budgets, government statutes and rulings, and other items affecting businesses or program services.
  • Establish departmental responsibilities and coordinate functions among departments and sites.
  • Implement corrective action plans to solve organizational or departmental problems.
  • Coordinate the development and implementation of budgetary control systems, recordkeeping systems, and other administrative control processes.
  • Direct non-merchandising departments such as advertising, purchasing, credit, and accounting.
  • Deliver speeches, write articles, and present information at meetings or conventions to promote services, exchange ideas, and accomplish objectives.

Knowledge

86%
Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
75%
Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
74%
Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
73%
English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
73%
Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
67%
Sales and Marketing - Knowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
57%
Personnel and Human Resources - Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
51%
Public Safety and Security - Knowledge of relevant equipment, policies, procedures, and strategies to promote effective local, state, or national security operations for the protection of people, data, property, and institutions.
50%
Medicine and Dentistry - Knowledge of the information and techniques needed to diagnose and treat human injuries, diseases, and deformities. This includes symptoms, treatment alternatives, drug properties and interactions, and preventive health-care measures.
50%
Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Skills

88%
Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
88%
Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
85%
Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
85%
Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
85%
Speaking - Talking to others to convey information effectively.
85%
Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
81%
Time Management - Managing one's own time and the time of others.
81%
Management of Personnel Resources - Motivating, developing, and directing people as they work, identifying the best people for the job.
81%
Coordination - Adjusting actions in relation to others' actions.
78%
Social Perceptiveness - Being aware of others' reactions and understanding why they react as they do.
78%
Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
78%
Persuasion - Persuading others to change their minds or behavior.
78%
Management of Financial Resources - Determining how money will be spent to get the work done, and accounting for these expenditures.
78%
Writing - Communicating effectively in writing as appropriate for the needs of the audience.
78%
Systems Evaluation - Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
78%
Systems Analysis - Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
75%
Negotiation - Bringing others together and trying to reconcile differences.
75%
Active Learning - Understanding the implications of new information for both current and future problem-solving and decision-making.
65%
Management of Material Resources - Obtaining and seeing to the appropriate use of equipment, facilities, and materials needed to do certain work.
62%
Operations Analysis - Analyzing needs and product requirements to create a design.
60%
Learning Strategies - Selecting and using training/instructional methods and procedures appropriate for the situation when learning or teaching new things.
56%
Service Orientation - Actively looking for ways to help people.
56%
Instructing - Teaching others how to do something.
50%
Mathematics - Using mathematics to solve problems.

Abilities

88%
Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
88%
Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
85%
Written Comprehension - The ability to read and understand information and ideas presented in writing.
81%
Speech Recognition - The ability to identify and understand the speech of another person.
81%
Speech Clarity - The ability to speak clearly so others can understand you.
81%
Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
81%
Written Expression - The ability to communicate information and ideas in writing so others will understand.
78%
Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
75%
Originality - The ability to come up with unusual or clever ideas about a given topic or situation, or to develop creative ways to solve a problem.
75%
Fluency of Ideas - The ability to come up with a number of ideas about a topic (the number of ideas is important, not their quality, correctness, or creativity).
75%
Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
66%
Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
66%
Near Vision - The ability to see details at close range (within a few feet of the observer).
62%
Category Flexibility - The ability to generate or use different sets of rules for combining or grouping things in different ways.
60%
Visualization - The ability to imagine how something will look after it is moved around or when its parts are moved or rearranged.
56%
Selective Attention - The ability to concentrate on a task over a period of time without being distracted.
56%
Flexibility of Closure - The ability to identify or detect a known pattern (a figure, object, word, or sound) that is hidden in other distracting material.
56%
Speed of Closure - The ability to quickly make sense of, combine, and organize information into meaningful patterns.
53%
Perceptual Speed - The ability to quickly and accurately compare similarities and differences among sets of letters, numbers, objects, pictures, or patterns. The things to be compared may be presented at the same time or one after the other. This ability also includes compa
53%
Number Facility - The ability to add, subtract, multiply, or divide quickly and correctly.
53%
Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.
50%
Far Vision - The ability to see details at a distance.

Work Activities

94%
Making Decisions and Solving Problems - Analyzing information and evaluating results to choose the best solution and solve problems.
94%
Getting Information - Observing, receiving, and otherwise obtaining information from all relevant sources.
94%
Communicating with Supervisors, Peers, or Subordinates - Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
91%
Establishing and Maintaining Interpersonal Relationships - Developing constructive and cooperative working relationships with others, and maintaining them over time.
91%
Developing Objectives and Strategies - Establishing long-range objectives and specifying the strategies and actions to achieve them.
90%
Communicating with Persons Outside Organization - Communicating with people outside the organization, representing the organization to customers, the public, government, and other external sources. This information can be exchanged in person, in writing, or by telephone or e-mail.
89%
Developing and Building Teams - Encouraging and building mutual trust, respect, and cooperation among team members.
85%
Resolving Conflicts and Negotiating with Others - Handling complaints, settling disputes, and resolving grievances and conflicts, or otherwise negotiating with others.
84%
Selling or Influencing Others - Convincing others to buy merchandise/goods or to otherwise change their minds or actions.
80%
Analyzing Data or Information - Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
79%
Organizing, Planning, and Prioritizing Work - Developing specific goals and plans to prioritize, organize, and accomplish your work.
78%
Thinking Creatively - Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.
75%
Guiding, Directing, and Motivating Subordinates - Providing guidance and direction to subordinates, including setting performance standards and monitoring performance.
75%
Coordinating the Work and Activities of Others - Getting members of a group to work together to accomplish tasks.
74%
Judging the Qualities of Things, Services, or People - Assessing the value, importance, or quality of things or people.
74%
Monitoring and Controlling Resources - Monitoring and controlling resources and overseeing the spending of money.
73%
Coaching and Developing Others - Identifying the developmental needs of others and coaching, mentoring, or otherwise helping others to improve their knowledge or skills.
69%
Updating and Using Relevant Knowledge - Keeping up-to-date technically and applying new knowledge to your job.
66%
Identifying Objects, Actions, and Events - Identifying information by categorizing, estimating, recognizing differences or similarities, and detecting changes in circumstances or events.
65%
Interpreting the Meaning of Information for Others - Translating or explaining what information means and how it can be used.
62%
Evaluating Information to Determine Compliance with Standards - Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
61%
Provide Consultation and Advice to Others - Providing guidance and expert advice to management or other groups on technical, systems-, or process-related topics.
57%
Interacting With Computers - Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
55%
Monitor Processes, Materials, or Surroundings - Monitoring and reviewing information from materials, events, or the environment, to detect or assess problems.
54%
Scheduling Work and Activities - Scheduling events, programs, and activities, as well as the work of others.
53%
Processing Information - Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
Title Job Zone Five: Extensive Preparation Needed
Overall Experience Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.
Job Training Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.
Job Zone Examples These occupations often involve coordinating, training, supervising, or managing the activities of others to accomplish goals. Very advanced communication and organizational skills are required. Examples include librarians, lawyers, aerospace engineers, wildlife biologists, school psychologists, surgeons, treasurers, and controllers.
Education Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

Interests

Enterprising - Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
Conventional - Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Social - Social occupations frequently involve working with, communicating with, and teaching people. These occupations often involve helping or providing service to others.

Work Styles

Integrity - Job requires being honest and ethical.
Leadership - Job requires a willingness to lead, take charge, and offer opinions and direction.
Initiative - Job requires a willingness to take on responsibilities and challenges.
Stress Tolerance - Job requires accepting criticism and dealing calmly and effectively with high stress situations.
Dependability - Job requires being reliable, responsible, and dependable, and fulfilling obligations.
Achievement/Effort - Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
Independence - Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
Persistence - Job requires persistence in the face of obstacles.
Adaptability/Flexibility - Job requires being open to change (positive or negative) and to considerable variety in the workplace.
Cooperation - Job requires being pleasant with others on the job and displaying a good-natured, cooperative attitude.
Self Control - Job requires maintaining composure, keeping emotions in check, controlling anger, and avoiding aggressive behavior, even in very difficult situations.
Attention to Detail - Job requires being careful about detail and thorough in completing work tasks.
Analytical Thinking - Job requires analyzing information and using logic to address work-related issues and problems.
Innovation - Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems.
Social Orientation - Job requires preferring to work with others rather than alone, and being personally connected with others on the job.
Concern for Others - Job requires being sensitive to others' needs and feelings and being understanding and helpful on the job.

Work Values

Recognition - Occupations that satisfy this work value offer advancement, potential for leadership, and are often considered prestigious. Corresponding needs are Advancement, Authority, Recognition and Social Status.
Independence - Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.
Achievement - Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.
Working Conditions - Occupations that satisfy this work value offer job security and good working conditions. Corresponding needs are Activity, Compensation, Independence, Security, Variety and Working Conditions.
Support - Occupations that satisfy this work value offer supportive management that stands behind employees. Corresponding needs are Company Policies, Supervision: Human Relations and Supervision: Technical.
Relationships - Occupations that satisfy this work value allow employees to provide service to others and work with co-workers in a friendly non-competitive environment. Corresponding needs are Co-workers, Moral Values and Social Service.