Chief executive officer (CEO) Interview Preparation Guide
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Chief executive officer (CEO) based Frequently Asked Questions by expert members with experience in CEO. These questions and answers will help you strengthen your technical skills, prepare for the new job test and quickly revise the concepts

50 CEO Questions and Answers:

1 :: Tell me what is CEO?

CEO stands for Chief Executive Officer. The role of the CEO will vary from one company to another depending on its size and organization. There are various other titles for the position of CEO including president and executive or managing director.

2 :: Can you describe the job of CEO?

We all feel a touch of awe when someone has it, the CEO title. The power, the salary and the chance to be the boss. It is worthy of awe.
Too bad so few CEOs are good at what they do. In fact, only 1 in 20 are in the top 5%[1]. Many do not know what their job should be and few of those can pull it off well. The job is simple very simple. But it is not easy at all. What is a CEO's job?
More than with any other job, the responsibilities of a CEO diverge from the duties and the measurement.

3 :: What are the responsibilities of a CEO?

Responsibilities of CEO:
Everything, especially in a startup. The CEO is responsible for the success or failure of the company. Operations, marketing, strategy, financing, creation of company culture, human resources, hiring, firing, compliance with safety regulations, sales, PR, etc. It all falls on the CEO's shoulders.

4 :: What are the duties of CEO?

The CEO's duties are what they actually do, the responsibilities they do not delegate. Some things can not be delegated. Creating culture, building the senior management team, financing road shows and indeed, the delegation itself can be done only by the CEO.

5 :: Tell me what is the main duty of CEO?

Setting strategy and vision is the main duty of a CEO. The senior management team can help develop strategy. Investors can approve a business plan but the CEO ultimately sets the direction. Which markets will the company enter? Against which competitors? With what product lines? How will the company differentiate itself? The CEO decides sets budgets, forms partnerships and hires a team to steer the company accordingly.

6 :: Tell me what is the second main duty of CEO?

The CEO's second main duty is building culture. Work gets done through people and people are profoundly affected by culture. A lousy place to work can drive away high performers. After all, they have their pick of places to work and a great place to work can attract and retain the very best.

7 :: How would a CEO build the culture?

Culture is built in dozens of ways and the CEO sets the tone. Their every action or inaction send cultural messages. Clothes send signals about how formal the workplace is. Who they talk to signals who is and is not important. How they treat mistakes (feedback or failure?) send signals about risk taking. Who they fire, what they put up with and what they reward shape the culture powerfully.

8 :: Give an example of building a culture by CEO?

A project team worked weekends launching a multimedia web site on a tight deadline. Their CEO was on holiday when the site launched. They did not call to congratulate the team. To their, it was a matter of keeping their personal life sacred. To the team, it was a message that their personal life was more important than the weekends and evenings they had put in to meet the deadline. Next time, they may not work quite so hard. The emotion and effect on the culture was real, even if it was not what the CEO intended. Congratulations from the CEO on a job well done can motivate a team like nothing else. Silence can demotivate just as quickly.

9 :: Tell me about the team building duty of CEO?

Team-building is the CEO's third duty. The CEO hires, fires and leads the senior management team. They in turn hire, fire and lead the rest of the organization.
The CEO must be able to hire and fire non-performers. They must resolve differences between senior team members and keep them working together in a common direction. They set direction by communicating the strategy and vision of where the company is going. Strategy sets a direction. With clear direction, the team can rally together and make it happen.

10 :: How would a CEO convey values?

If vision is where the company is going, values tell how the company gets there. Values outline acceptable behavior. The CEO conveys values through actions and reactions to others. Slipping a ship schedule to meet quality levels sends a message of valuing quality. Not over celebrating a team's heroic recovery when they could have avoided a problem altogether sends a message about prevention versus damage control. People take their cues about interpersonal values trust, honesty, openness from CEO's actions as well.