What is Corporate Leadership?

<p>Corporate leadership is the top of a company's executive structure. A company's corporate leadership creates a company-wide direction to be carried out by managers, supervisors, and employees. The high-risk, high-reward nature of corporate leadership ensures that only the elite ascend to positions in corporate management. </p> <p>According to the U.S. Bureau of Labor Statistics (BLS, <i>www.bls.gov</i>), chief executives earned an average yearly salary of $213,020 as of May 2021. Corporate chief executives often have bachelor's degrees in business administration and Master of Business Administration (MBA) degrees. In addition to high salaries, top executives may enjoy benefits like these: </p> <ul><li>Stock options </li><li>Performance bonuses </li><li>Company credit cards and cars </li></ul><h3 id="section---ImportantInformationAboutThisCareer">Important Information About This Career</h3> <p /> <table border="1"><tr><td> Job Outlook (2021-2031) </td><td> 6% (<i>for top executives</i>)</td></tr> <tr><td> Work Environment </td><td> Office environment, may travel frequently to visit other company offices</td></tr> <tr><td> Professional Certification </td><td> Not required, but certification is available for managers looking for more experience and knowledge about managing others</td></tr> <tr><td> Key Skills </td><td> Communication, leadership, decision making</td></tr> </table><p><i>Source: U.S. Bureau of Labor Statistics</i> </p> <h3 id="section---PositionsInCorporateLeadership">Positions in Corporate Leadership</h3> <p>Corporate leadership positions are the highest-ranking, most prestigious jobs in a company's hierarchy. Top-level corporate leadership jobs are earned through many years of diligent work and consistent demonstration of leadership qualities. Corporate leadership executives are not only in charge of their subordinates, but must work with other executives to make the best possible decisions for the company. Top executives' job titles may include the following: </p> <ul><li>Chief executive officer (CEO) </li><li>Chief financial officer (CFO) </li><li>Chief operating officer (COO) </li><li>Executive vice president (EVP) </li><li>General manager (GM) </li></ul><h3 id="section---CorporateLeadershipEducation">Corporate Leadership Education</h3> <p>Many executives get their corporate leadership training through bachelor's and master's degree programs in business administration, but there are also specialized corporate leadership programs geared towards undergraduate business majors, mid-level professionals who want to earn positions in upper management, and executives who want to sharpen their management skills. These programs vary, from weekend seminars to certificate programs that can last for more than a year. These educational programs provide you with the chance to learn from other chief executives and develop various leadership skills, such as effective business communication, delegation strategies, and employee motivation.</p>