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A Critical Perspective Introduction to CEO

   

Added on  2022-10-18

9 Pages2675 Words289 Views
Leadership -A Critical Perspective

Introduction
CEO plays the most important role in a company. The success of organizations is generally
associated with the personality and performance of the organizations. The organization has to
function in the fiercely competitive market. Due to this the organization has to go through
turbulence and it is at these times that the leader of the organization has to take command and
manage the situations.
Success of the organization traditionally was evaluated based on the financial success of the
organization but lately the metrics have undergone a few changes. Environmental social and
corporate governance has now come to play an important role and it is for this reason the latest
Harvard Business Review placed Jeff Bezosat 71 whereas financial metric should have him at
top.
With increasing pressure on the environment and ethical standards taking a firm shape, it is
important that the organizations are functioning on these lines and the profit making is done with
all the metrics fulfilled.
In order to measure the success of the CEO, the metrics need to be employed. Here, it is not only
the financial metrics that are important but also the Environmental social and corporate
governance (ESG). Here in this essay, the main aim is to explore all the metrics that are required
in successfully evaluating a CEO. Here in this research study there shall be an analysis of the
ESG principles and how it is not possible for the organizations to keep on increasing the market
share and profits without taking the well-being of all social units into consideration. An
organization can prosper in these lines only when it has a CEO or the leader who can push the
operations and the management towards these ethical goals.
Without the leader, it is not possible to bring in innovation and new technologies in the
production process and, at the same time, is knowledgeable of the ways that ethical standards can
be maintained.
Theories and literatures play an important role in understanding a situation and arriving at
conclusions that can be applied to the business world.

Question 1
The very first metric that is taken while the success of the organization is evaluated is financial
metric. This is quite important for the company to function in the market and without making
this the primary motive, it may be quite difficult for the organization to survive, grow and pay
adequately to the employees. Hence, when we are discussing the metrics for a successful
organization, it is impossible to not take finances into consideration.
Risk of Deviating from the Standard Ethics
However, once the organization reaches a financial pinnacle, there are other metrics that come in
play and it is only after adhering to those standards that the organization should be evaluated. An
organization engaged in chemical based product may be making a good profit and employing
considerable number of employees but could also be damaging the environment with its ill-
equipped chemical treatment. This must go down as a negative point in the credibility of the
organization. Customer relationship and corporate social responsibility are other important
elements that need to be included too. The organizations that are excelling have incorporated all
these so that they have the support of all the stakeholders.
Environmental factor is also important and it includes the way company is using the energy and
treating the waste and the effect that it is having on the biosphere. Conservation of resources and
animal treatments are other vital factors of Environmental social and corporate governance. Here
the risk factors are going to add to the credibility. Risk management is an important factor that
makes the organization has a holistic approach not just for itself but also for the environment.
Legal Complications
Compliance with the legal standards is something that is often not straight away concerned
because the regulations are mandatory. Yet, there are several regulations that are not followed by
people. These also are factors to be included. The leader must be aware of it and ready to have
compliance with it as well.
Inability to keep to these standards may cause a loss of reputation. The way customers are treated
and the way employees are rewarded goes a long way in making organizations have more

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