What does an Executive Director do?
An executive director is responsible for all of the operations and activities in a company. They are responsible for ensuring that the company is operating in an effective manner with great oversight. A few of the main duties of an executive director are implementing company wide policies, allocating company resources, giving constructive feedback to management, and developing a market strategy. They also have to report the company's progress to the board of directors. Some of the jobs titles that an executive director could grow into are chief executive officer and president.
An executive director should have ten years of experience in their respective field as well as an MBA. One of the most important skills that an executive director will have is the ability to initiate change. Another skill is leadership as the executive director will have many different employees looking to them for guidance.
- Create a market strategy for the company
- Ability to implement company wide strategies
- Create and maintain an annual budget
- Collaborate with employees at every level
- Give constructive criticism to managers
- Create reports and presentations to give to the board of directors
- Ability to coordinate future investments in the company
- Maintain a financially viable company at all times
- MBA or Master's equivalent
- Ability to clearly articulate one's thoughts
- In depth knowledge of how the company operates
- Top of the line problem solving abilities
- Great critical thinking skills
- In depth knowledge of the market the company operates in
- Has exceptional public speaking skills
- Ability to create a strategic plan
- Ability to fairly critique