DETAILED OCCUPATION DATA
11-1011 Chief Executives
Occupational Description:
Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.| Percentiles | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Geography | Employment | Emp SE* | Mean | Mean SE* | 10th | 25th | Median | 75th | 90th |
| Southwest Minnesota | 270 | 25 | $82.65/hr | $3.95/hr | $36.82/hr | $53.98/hr | $71.46/hr | $81.00/hr | $81.00/hr |
| Minnesota | 5,630 | 180 | >$94.00/hr | $1.33/hr | $42.85/hr | $61.13/hr | $86.12/hr | $81.00/hr | $81.00/hr |
| U S | 205,890 | 1,647 | >$94.00/hr | $0.38/hr | $30.23/hr | $54.74/hr | $89.52/hr | $81.00/hr | $81.00/hr |
| *SE = Standard error, a measure of the statistical reliability of the estimate. | |||||||||
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| Occupation (click title for details) | OES | Projections | |
|---|---|---|---|
| Employment | Median Wage | % Change 2022 - 2032 | |
| First-Line Supervisors/Managers of Office and Administrative Support Workers | 1,090 | $25.88/hr | -4.9% |
| First-Line Supervisors/Managers of Production and Operating Workers | 970 | $29.99/hr | 5.0% |
| Financial Managers | 550 | $48.05/hr | 13.7% |
| Industrial Production Managers | 370 | $44.24/hr | 3.4% |
| Food Service Managers | 230 | $24.70/hr | -4.1% |
| Marketing Managers | 150 | $51.88/hr | 1.6% |
| Instructional Coordinators | 120 | $30.54/hr | 2.7% |
| Purchasing Managers | 90 | $48.73/hr | 4.0% |
| Transportation, Storage, and Distribution Managers | 80 | $37.45/hr | 7.5% |
| Postmasters and Mail Superintendents | 60 | $35.47/hr | -7.7% |
| Natural Sciences Managers | 50 | $42.38/hr | 5.9% |
| Farm and Home Management Advisors | 10 | $26.27/hr | N/A |
| Education Administrators, Postsecondary | N/A | $51.78/hr | 1.9% |
Tasks for Chief Executives
- Directs organization charged with administering and monitoring regulated activities to interpret and clarify laws and ensure compliance with laws.
- Administers, interprets, and explains policies, rules, regulations, and laws to organizations and individuals under authority of commission or applicable legislation.
- Directs and coordinates activities of workers in public organization to ensure continuing operations, maximize returns on investments, and increase productivity.
- Develops, plans, organizes, and administers policies and procedures for organization to ensure administrative and operational objectives are met.
- Consults with staff and others in government, business, and private organizations to discuss issues, coordinate activities, and resolve problems.
- Evaluates findings of investigations, surveys, and studies to formulate policies and techniques and recommend improvements for personnel actions, programs, or business services.
- Directs, coordinates, and conducts activities between United States Government and foreign entities to provide information to promote international interest and harmony.
- Prepares, reviews, and submits reports concerning activities, expenses, budget, government statutes and rulings, and other items affecting business or program services.
- Conducts or directs investigations or hearings to resolve complaints and violations of laws.
- Develops, directs, and coordinates testing, hiring, training, and evaluation of staff personnel.
- Testifies in court, before control or review board, or at legislature.
- Participates in activities to promote business and expand services, and provides technical assistance in conducting of conferences, seminars, and workshops.
- Delivers speeches, writes articles, and presents information for organization at meetings or conventions to promote services, exchange ideas, and accomplish objectives.
- Plans, promotes, organizes, and coordinates public community service program and maintains cooperative working relationships among public and agency participants.
- Establishes and maintains comprehensive and current record keeping system of activities and operational procedures in business office.
- Reviews and analyzes legislation, laws, and public policy and recommends changes to promote and support interests of general population, as well as special groups.
- Implements corrective action plan to solve problems.
- Negotiates contracts and agreements with federal and state agencies and other organizations and prepares budget for funding and implementation of programs.
- Directs and conducts studies and research, and prepares reports and other publications relating to operational trends and program objectives and accomplishments.
- Prepares budget and directs and monitors expenditures of department funds.
- Directs, plans, and implements policies and objectives of organization or business in accordance with charter and board of directors.
- Analyzes operations to evaluate performance of company and staff and to determine areas of cost reduction and program improvement.
- Directs and coordinates organization's financial and budget activities to fund operations, maximize investments, and increase efficiency.
- Directs and coordinates activities of business or department concerned with production, pricing, sales, and/or distribution of products.
- Directs non-merchandising departments of business, such as advertising, purchasing, credit, and accounting.
- Prepares reports and budgets.
- Establishes internal control procedures.
- Directs inservice training of staff.
- Administers program for selection of sites, construction of buildings, and provision of equipment and supplies.
- Screens, selects, hires, transfers, and discharges employees.
- Promotes objectives of institution or business before associations, public, government agencies, or community groups.
- Negotiates or approves contracts with suppliers and distributors, and with maintenance, janitorial, and security providers.
- Presides over or serves on board of directors, management committees, or other governing boards.
- Directs and coordinates activities of business involved with buying and selling investment products and financial services.
- Assigns or delegates responsibilities to subordinates.
- Reviews financial statements and sales and activity reports to ensure that organization's objectives are achieved.
- Confers with board members, organization officials, and staff members to establish policies and formulate plans.
- Directs activities of organization to plan procedures, establish responsibilities, and coordinate functions among departments and sites.
