C-Level Executive
Meaning & Definition
A C-Level Executive denotes senior leadership roles at the very top of an organisation, often referred to as ‘Chief’, followed by their respective area of focus. C-Level Examples include: CEO (Chief Executive Officer), CFO (Chief Financial Officer), CHRO (Chief Human Resources Officer). C-Level Executives have responsibility for defining long-term Strategic Direction; making key decisions affecting the overall success of the company; and being accountable for increasing overall company performance.
Importance of C-Level Executive
- Strategic leadership creates an organisational vision and strategic direction for the company.
- It is a major contributor to business expansion and long-term strategic planning.
- Creates the overall company culture, value structures, and standards of leadership behaviour
- It is the driving force behind accountability across the company, and from the executive and senior leadership.
- It provides assurance to investors as well as governs the conduct of business.
Governance & Policy Alignment
There’s no detailed statutory requirement related to this term.
C-level jobs include: Board Structure, Company Policies, Employment Agreements, Salary, Motivation Plans, Accountability, Ethical Obligations, and Conflict of Interest Guidance.
With these defined responsibilities and tools for holding C-level leaders accountable, it should be obvious to all that the company’s activities are being conducted with full transparency and in accordance with legal requirements.