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Who is a Corporate Executive?
Most executives I know are so action-oriented, or action-addicted, that time for reflection is the first casualty of their success ~ Margaret Heffernan
A Corporate Executive or a business executive is a professional employed in a private entity at an executive level. He or she runs companies, school districts, universities, health care systems and other companies. Corporate executives make sure the company achieves its goals and maintains its financial sustainability. Corporate executive roles and responsibilities include setting creative objectives, plan work processes, implement policies, and distribute resources. The corporate executive job description or title varies from industry to industry. The primary responsibility of a corporate executive is to ensure that the organisation fulfils the business purpose. He or she also ensures the financial stability of the organisation. A Corporate Executive focuses on establishing innovative goals, formulating policies, allocating resources as well as coordinating work responsibilities.
Corporate Executive in a Nutshell
Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.
Quick Facts for Corporate Executive
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Industry
Agriculture, Finance, Media, Manufacturing, Information Technology
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Average Salary in India
₹450000
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Suitable for
Male, Female, Others
A career as Corporate Executive does not come with gender based roles. The role of Corporate Executive demands administrative skills and knowledge.
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Any special needs
Yes
A Corporate Executive career may or may not suit candidates with special needs. The roles and responsibilities of Corporate Executives vary from industry to industry.
Table of Contents for Corporate Executive
What is the role of Corporate Executive?
The role of a Corporate Executive comes with varying roles and responsibilities. At small companies, executives may stay involved in day-to-day operations. It includes personnel actions, inventory control, purchasing and public relations. In large companies, top executives delegate these responsibilities to business executives such as CEO, HR Manager, Logistics Manager and IT Director. Corporate executive roles and responsibilities include contract negotiation, regulatory compliance and quality control. Corporate Executives are required to interact with various departments of the corporate company. His or her role may demand to work with the legal department to obtain patents. The corporate executive job description including meeting sales and marketing executives on a regular basis to devise a strategy and expand market goals.
Also Read: Career as Manager
Strategic planning
Corporate Executive work responsibilities include transforming the product with their vision. He or she must understand the customer requirements and precisely know what organisation needs to take action to capitalise the opportunities.
Define Company Culture
A Corporate Executive is responsible for defining, shaping and amplifying the company culture. The workplace culture is basically a set of shared values, beliefs, assumptions and attitudes in the organisation. Top executives hold the responsibility of influencing the certain behaviours concerning to treat colleagues on the job, promoting diversity and others.
Fiscal Management
The job of a Business executive includes budget management and fiscal oversight. Profitability is most crucial for a business to sustain. The financial responsibility of a corporate executive includes increasing the value of the company, maximising market share as well as capturing new revenue streams.
Policy Oversight
The Corporate Executive work responsibilities include policy oversight. He or she plays a crucial role in formulating policies and procedures posted on the website of a company or printed in the employee handbook. Corporate Executive clearly writes policies and procedures codifying the rules that need to be followed as a mandatory condition of continued employment.
Types of a Corporate Executive
Chief Information Officer: The role of Chief Information Officer is in charge of information technology. He or she provides support to the company in achieving its goals based on information technology and computer systems.
Chief Marketing Officer: A Chief Marketing Officer is responsible for the management of the development and execution of advertising and marketing of the company. He or she focuses on increase in sales by using the research on pricing, marketing communications, advertising and PR.
Chief Operating Officer: The role of Chief Operating Officer comes with the responsibility of handling day to day administration and operations of the business. The role of Corporate Executive varies greatly depending on the company’s requirements.
What is the workplace/work environment of Corporate Executive like?
Corporate Executives usually work in an office environment. Corporate executive officers are employed in corporate organisations at various levels. The responsibilities of top executives come with managerial and leadership skills. Several organisations provide work from remote work as well to their executives.
Does Corporate Executive require travelling?
Likely
Corporate Executive travel requirements vary from organisation to organisation. Travel requirements depend on the role and designation of the corporate executive.
Employment Shifts
Full Time, Work From Home
A Corporate Executive is employed on a full-time basis. Several organisations provide work from home and remote work.
Employment Nature
Contractual, Permanent
In the career as Corporate Executive, there are both types of employment provided in this career.
Work Place
Office, Work From Home, Remote Work
The workplace of Corporate Executive may vary from organisation to organisation, industry to industry. A Corporate Exxecutive usually reports to the office. Several organisations may provide work from home and remote work employment shifts.
Presence in Geographical Area
Semi-urban, Urban
Corporate Executive Jobs flourish in urban areas. All corporate organisations are established in metropolitan cities. There is negligible Corporate executive officer employment opportunities in the
Time Pressure
Likely
A Corporate Executive job demands working under time pressure. He or she has to work under deadlines. A Corporate executive officer has to ensure timely completion of the project.
Overtime Details
A Corporate Executive is often required to work extended hours. The corporate executive officer works extra hours to meet the targets, during special projects or emergency situations.
Weekly Hours of Work
Min 40 Hours
The work hours of corporate executives vary from organisation to organisation. A Corporate Executive works a minimum of 40 hours per week.
How to become a Corporate Executive?
Steps to become a Corporate Executive
Embarking on a journey to become a Corporate Executive means striving for leadership and success in the world of business. This section on how to become a Corporate Executive in India will guide you through the essential steps to achieve this prestigious role. From building your career foundation to mastering key skills, we will uncover the path to becoming an influential figure in the corporate world and provide an answer to your question on how to become a Corporate Executive in India.
What are the skills and qualities required to become a/an Corporate Executive?
We have provided here details of Corporate Executive skills. These skills are crucial to perform in a fast-paced Corporate work environment. Here, we have discussed how to become a Corporate Executive.
Leadership Skills: A Corporate Executive must possess leadership skills. He or she is required to inspire, motivate and reward high performers at various levels of the organisation.
Entrepreneurial Skills: Corporate Executives with entrepreneurial skills have the courage, strength and tenacity to lead the organisation through tough times of change and uncertainty. He or she applied leadership skills to build an agile workforce to react quickly to external forces.
Management Skills: Managerial skills are crucial for a Corporate Executive role. The role of a Corporate Executive demands consistency, analytical and decisive skills as a Manager.
Problem-Solving Skills: Whenever issues arise, a Corporate Executive must be capable of investigating situations, gathering data, convening a team and brainstorming creative solutions, assessing the problem and considering the strengths and weaknesses of alternative solutions.
Technical Skills: Corporate Executives with technical expertise are respected and admired. Having relevant technical qualifications such as Computer Science, Engineering, or Construction are preferred.
Which certifications and internships can be helpful in becoming Corporate Executive?
We have provided here a list of relevant Corporate Executive certification courses. These courses provide candidates with the required skills and knowledge to progress in their career as Corporate Executive.
Professional Certificate Program in Supply Chain Strategy and Management | Executive Certificate Program in Logistics and Supply Chain Management |
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Internship Availability
A Corporate Intern role comes with several roles and responsibilities. He or she is required to provide assistance in administrative and research work. The role of Corporate Intern includes business research and data collection in order to develop an analysis to improve the efficiency and management of the organisation.
Career Path Progression for Corporate Executive
Junior Corporate Executive: A Junior Corporate Executive is responsible for supporting the executive staff of the company. It is considered as an early step in the corporate ladder or grooming job to become a senior executive position.
Senior Corporate Executive: A Senior Corporate Executive provides strategic administrative support. He or she is responsible for spending time wisely to achieve corporate objectives. A Senior Corporate executive makes recommendations, writes reports and sorts out memoranda issues.
Corporate Executive Jobs and Salaries
Junior Corporate Executive
Contractual/Permanent
Job Description
A Junior Corporate Executive is provided with several responsibilities such as managing a small portfolio of clients. He or she prepares corporate documentation and maintains a structured client filing system.
Salary Description
The salary of Junior Corporate Executives varies from industry to industry and organisation to organisation. NA
Senior Corporate Executive
Contractual/Permanent
- Average Salary 450000
Job Description
A Senior Corporate Executive role comes with an authoritative position. He or she is in charge of making several decisions and implementing them. A Senior Corporate Executive provides support to the Chief Executive Officer, Chief Financial Officer and Chief Technical Officer.
Salary Description
The average salary of a Senior Corporate Executive varies from organisation to organisation and industry to industry. The salary of a Senior Corporate Executive is Rs. 5.4 lakh per annum. (Source: Naukri.com)
What is the job outlook for Corporate Executive?
A Corporate Executive career is expected to grow at the rate of 8 per cent by the year 2026. A Corporate Executive is hired in various industries such as information technology, healthcare, finance and other industries. For top executive roles , employers prefer candidates with an MBA in business administration.
Frequently Asked Questions for Corporate Executive
Que. What is the average salary of a Corporate Executive?
Ans.The average Corporate Executive salary in India is Rs. 375000 per annum, according to talent.com.
Que. What is the minimum Corporate Executive qualification?
Ans.The minimum Corporate Executive qualification typically varies depending on the specific job role and industry. However, many corporate executive positions often require at least a bachelor's degree in a relevant field, such as business administration, finance, or management. Higher-level executive positions may necessitate a master's degree or extensive experience in the field.
Que. What are top recruiters of a corporate executive officer?
Ans.The recruitment landscape for corporate executive officers is highly competitive, with numerous top-tier companies seeking the best talent to lead their organizations. Some of the most prominent and sought-after recruiting companies for executive roles include industry giants like Apple, Amazon, Microsoft, Google, and Facebook. These tech giants are known for their innovative and dynamic corporate environments, which often attract seasoned executives from various fields. Additionally, traditional corporate powerhouses like ExxonMobil, Berkshire Hathaway, and JPMorgan Chase are also renowned for their executive recruitment efforts.
Beyond industry-specific firms, executive search firms such as Spencer Stuart, Korn Ferry, and Russell Reynolds Associates play a pivotal role in identifying and placing top-level executives across a wide range of industries.
Que. What are top Corporate Executive colleges?
Ans.Top Corporate Executive colleges are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore and IIM Kozhikode.
Que. What is the average fee of an MBA?
Ans.The average fee of an MBA ranges from Rs. 20,000 to Rs. 40,00,000.
Que. How many years to become a business executive?
Ans.The time it takes to become a business executive can vary widely. Typically, it requires several years of experience and education, often including a bachelor's degree followed by several years of work experience. This process can take anywhere from 5 to 15 years or more, depending on individual career progression.
Que. What does a corporate executive do?
Ans.A corporate executive is responsible for overseeing the strategic direction and management of a company. Their duties include making key decisions, setting goals, managing teams, and ensuring the company's overall success.
Que. What is the role of executive in a company?
Ans.The corporate executive responsible for the operations is often referred to as the Chief Operating Officer (COO). The COO crucial roles and responsibilities are to manage day-to-day operations, optimise efficiency, and implement strategies to achieve the company's goals.
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