CEO's Role in OECD: Leadership, Governance, and Corporate Functions

This report examines the crucial role of the CEO within the Organisation for Economic Co-operation and Development (OECD), emphasizing leadership, corporate governance, and business strategies. It highlights the CEO's function as a bridge between management and the Board of Directors, responsible for fulfilling organizational goals. The report stresses the importance of adaptability and change, referencing the need for organizations to respond to market expectations and amend existing rules. It also explores the significance of team building and the need for effective communication, particularly in multinational settings. Furthermore, the report underscores the value of diversity, suggesting that diverse teams foster innovation and promote gender equality. The report concludes with references to relevant academic sources, including works by Arjoon, Larcker & Tayan, and Iren & Tee.

The Organisation for Economic Co-operation and Development (OECD)

Conclusion
• The chief executive officer plays a very important role in
the functioning of OECD including all the administrative
works
• The CEO acts as the bridge that interlinks the
management of the company and the “Board of Directors”.
He is also the point person to whom stakeholders look
forward to for any business communication.
• The CEO must be responsible for fulfilment of community
goals.

Conclusion
• Flexibility is one of the important features of corporate governance.
• The CEO of the organisation must ensure that change is continuously
implemented for better functioning of the organisation.
• “Companies need to respond to the expectations of the markets and
also foster rules that make it obligatory on the company to make
amendments to their existing rules” (Larcker & Tayan, 2015).
• Without adaptability and change the organisations will fail with
changing sceanrios.

Conclusion
• The CEO being the leader of the organisation is essentially
required to take part in forming better teams.
• The CEO works towards building better teams that will
work towards same goals to improve the performance of
the company (Arjoon, 2017).
• For a multinational organization it is very important for
the teams located at remote locations to maintain
productive communication.

Conclusion
• Diversity is the most important factor that contributes to
innovation.
• Diverse employees from various backgrounds help in
giving new ideas and innovative visions to the team.
• A board should ideally include equal number of women
members to set gender diversity examples. This will help
in establishing workplace diversity and gender equality
(Iren & Tee, 2017).

Reference:
• Arjoon, S. (2017). Virtues, Compliance, and Integrity: A
Corporate Governance Perspective. In Handbook of Virtue
Ethics in Business and Management (pp. 995-1002).
Springer Netherlands.
• Iren, P., & Tee, K. (2017). Boardroom Diversity, Corporate
Governance & Innovation in the UAE Banks.
• Larcker, D., & Tayan, B. (2015). Corporate governance
matters: A closer look at organizational choices and their
consequences. Pearson Education