Description

The president of an organisation is the highest executive accountable for the strategic vision and plan. The president is the leader and accountability for the company to its stakeholders and own policies, while presenting an proper appearance to public, and overseeing the short and long-term objectives of the business. The president oversees all kinds and sizes of companies with various corporate structures across every industry, consequently, their specific responsibilities and duties are different. The president is accountable for direct reporting on behalf of the directors, when employed by a company. The president is directly accountable to the highest management level. The president is accountable to oversee the fiscal and budgetary management, and financial health of the company.

Most presidents hold at minimum an undergraduate degree and most of them possess a business degree or a master's degree in business administration. Experience in management at a senior level typically is required, as well as many years of experience and an extensive understanding of business are required. The president should have exceptional communication skills, and be capable and willing to represent the company in public. A successful president should have solid financial skills, a keen eye in the development of strategies and have excellent interpersonal abilities.

The person will typically operate out of an office with staff members, but it is possible to travel for meetings and conferences with clients. Presidents typically work during working hours and may also work additional hours when needed. Often they work long hours needed for meetings and to resolve issues within the business. This position can be extremely stressful since the president is responsible for the entire company.

Roles & Responsibilities

As a President with 6-9 years of experience in India, here are some main responsibilities:

  • Representing the nation domestically and internationally, attending state functions and ceremonies.
  • Overseeing the implementation and execution of government policies and programs.
  • Maintaining the country's military leadership and making key decisions on national security matters.
  • Addressing emergencies and making crucial decisions to safeguard the welfare of the nation and its citizens.

Qualifications & Work Experience

Major educational qualifications required for President are:

  • An undergraduate degree from business administration, or in a related field.
  • A master's degree is preferred.
  • Industry experience acquired from climbing to the top of the corporate ladder in different roles and positions.
  • Knowledge of operational and financial aspects of different industries.
  • Excellent interpersonal, leadership, and skills in communication.
  • Excellent analytical, decision-making and problem-solving abilities.
  • A creative and entrepreneurial mindset as well as motivational skills, and the ability to identify and keep talented employees.

Essential Skills For President

1

Strategic Foresight

2

Investment Strategy

3

Operational Strategy

4

Leadership Management

5

Leadership Communication

Career Prospects

The role of a President is crucial in driving organizational success and leading teams effectively. For professionals in India with 6-9 years of experience, here are four alternative roles worth considering:

  • Chief Operating Officer: A position responsible for overseeing day-to-day operations, developing and executing strategies, and maximizing organizational efficiency.
  • Director of Business Development: A role focused on identifying growth opportunities, establishing strategic partnerships, and driving revenue through new business initiatives.
  • Human Resources Manager: A position dedicated to managing the company's workforce, including recruitment, performance management, employee relations, and training and development.
  • Chief Marketing Officer: A role that involves leading marketing strategies, brand management, market research, and customer engagement efforts to drive business growth.

How to Learn

The role of President in India is expected to witness significant growth in the coming years. According to a 10-year analysis, the position has shown steady progression in the market, with increasing responsibilities and influence. The demand for skilled professionals to take on this leadership role is projected to rise, reflecting the expanding business landscape in India. It is anticipated that employment opportunities for Presidents will increase in the future, owing to the country's growing economy and the need for effective decision-makers to drive organizations towards success. These projections are based on the latest data available from Google.