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CEO's Second Duty
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The CEO's second fundamental duty is focused on assembling, or more precisely, forming the senior team. Since all other executives directly report to the CEO, it the CEO's foremost responsibility to select, terminate, and oversee the executive team. In the of new CEOs, I personally regard this as the most crucial skill to . An exceptional senior team, once appointed, can efficiently run the company, while a subpar team the CEO's constant attention to rectify issues, often at the expense of other vital aspects of the CEO's role. While the senior team may play a significant role in shaping the company's strategy, the ultimate "go-no-go" decision on strategy always rests with the CEO.