What is the primary responsibility of a Chief Executive Officer (CEO)?

The primary responsibility of a Chief Executive Officer (CEO) is to have the overall responsibility for the success of the organization. This role encompasses a broad range of duties, including setting the strategic direction, communicating vision and values, and ensuring that all departments align with the organization's goals. The CEO is ultimately accountable for the performance of the company, which includes areas such as profitability, growth, and sustainability.

In contrast, overseeing supplier relationships, ensuring financial success, and managing day-to-day operations are certainly important aspects of a successful organization, but these tasks often fall under the purview of other roles within the executive team. The CEO leads and coordinates these functions but is primarily focused on the overarching success and health of the organization as a whole.