A chief executive officer ( CEO ), also known as a chief executive or managing director , is the top-ranking corporate executive charged with the management of an organization , usually a company or a nonprofit organization .
67-667: The Austin Community College District ( ACC ) is a public community college system serving the Austin, Texas , metropolitan area and surrounding Central Texas communities. The college maintains numerous campuses, centers, and distance learning options to serve about 100,000 students in academic, continuing education and adult education programs. ACC offers associate degrees and career/technical certificate programs in more than 100 areas of study as well as four bachelor degree programs. Most courses taken within
134-714: A higher reputation domestically and globally . The University Grants Committee funds eight public universities in Hong Kong . The Hong Kong Academy for Performing Arts also receives funding from the government . There are four self-financing universities, namely Hong Kong Metropolitan University , Hong Kong Shue Yan University , Hang Seng University of Hong Kong , and Saint Francis University . In India , most universities and nearly all research institutions are public. Some private undergraduate colleges exist but most are engineering schools that are affiliated with public universities. Private schools can be partially aided by
201-683: A university institute , and a distance university in Portugal . Higher education in Portugal provided by state-run institutions is not free; students must pay a tuition fee. However, the tuition fee is lower than that of private universities. The highest tuition fee allowed by law in public universities is €697 per year as of 2022. Public universities include some of the most selective and demanding higher learning institutions in Portugal. In Russia , about 7.5 million students study in thousands of universities. Founded in 1755, Moscow State University
268-488: A company's business decisions, including those in operations, marketing, business development , finance, human resources , etc. The use of the CEO title is not necessarily limited to describing the head of a company. For example, the CEO of a political party is often entrusted with fundraising, particularly for election campaigns. In some countries, there is a dual board system with two separate boards, one executive board for
335-424: A corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability , market share , revenue , or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation . CEOs are also frequently assigned
402-402: A facade of charm and eloquence. Traits such as courage and risk-taking, generally considered desirable, are often found alongside these psychopathic tendencies. Tara Swart, a neuroscientist at MIT Sloan School of Management , has suggested that individuals with psychopathic traits thrive in chaotic environments and are aware that others do not. As a result, they may intentionally create chaos in
469-539: A few private institutions of higher learning, such as the National College of Ireland . However, none of the private institutions have university status and are highly specialized. Almost all universities in Italy are public but have institutional autonomy by law. The Italian state provides the majority of university funding. Therefore, students pay relatively low tuition fees, set by each university according to
536-462: A formal delegation of authority regarding business administration . Typically, responsibilities include being an active decision-maker on business strategy and other key policy issues, as well as leader , manager, and executor roles. The communicator role can involve speaking to the press and to the public, as well as to the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. The CEO
603-1285: A handful of community colleges. In 2008, the Philippine Congress passed Republic Act 9500, declaring the University of the Philippines as the national university to distinguish it from all other state universities and colleges. Other notable public colleges and universities include the Polytechnic University of the Philippines , Technological University of the Philippines , Philippine Normal University , Batangas State University , and Mindanao State University . There are six autonomous public universities in Singapore , including National University of Singapore founded in 1905, Nanyang Technological University founded 1981, Singapore Management University founded in 2000, Singapore University of Technology and Design and Singapore Institute of Technology founded in 2009, and Singapore University of Social Sciences founded in 2017. In Sri Lanka , there are seventeen public universities. Most public universities are funded by
670-542: A low-interest loan from the Higher Education Loan Board; students must pay back the loan after completing their higher education. In Nigeria , both the federal and state governments may establish public universities. South Africa has 26 public universities which are members of Universities in South Africa. These are categorized as traditional or comprehensive universities. In Tunisia ,
737-644: A national institution in 1926, the Academy of Athens is the highest research establishment in Greece. Private higher education institutions cannot operate in Greece and are not recognized as degree-awarding bodies by the Greek government. In Ireland , nearly all universities, institutes of technology, colleges, and some third-level institutions are public. The state pays the cost of educating undergraduates, although students must contribute approximately €3,000. There are
SECTION 10
#1732786749608804-599: A source of criticism following a dramatic rise in pay relative to the average worker's wage . For example, the relative pay was 20-to-1 in 1965 in the US, but had risen to 376-to-1 by 2000. The relative pay differs around the world, and, in some smaller countries, is still around 20-to-1. Observers differ as to whether the rise is due to competition for talent or due to lack of control by compensation committees. In recent years, investors have demanded more say over executive pay. Lack of diversity amongst chief executives has also been
871-504: A source of criticism. In 2018, 5% of Fortune 500 CEOs were women. In 2023 the number rose to 10.4% of for Women CEO's of Fortune 500 companies . The reasons for this are explained or justified in various ways, and may include biological sex differences, male and female differences in Big Five personality traits and temperament, sex differences in psychology and interests, maternity and career breaks, hypergamy , phallogocentrism ,
938-582: A university, not a college, can issue doctorate degrees in Israel. In Japan , public universities are run by local governments, either prefectural or municipal. According to the Ministry of Education , public universities have "provided an opportunity for higher education in a region and served the central role of intellectual and cultural base for the local community in the region" and are "expected to contribute to social, economical and cultural development in
1005-521: A vote repeatedly, but voters rejected the proposed taxpayer-supported college system in 1963, 1965 and 1968. In 1972, however, an alternative proposal that would allow the new college to be operated (and funded) by Austin Independent School District won a majority of voters' support. This plan meant that (at least initially) ACC would not levy any taxes on local residents to fund its operation, relying instead on state bodies such as
1072-552: A way of reducing college costs. The college system and its degrees are accredited by the Southern Association of Colleges and Schools . ACC also has an honors program which is intended to "develop the ability and potential of highly motivated students." In fall 2018, the college began offering registered nurses with the option to earn a Bachelor of Science in Nursing (BSN) from its RN-to-BSN Program. As of fall 2023,
1139-539: A year and have to retake them, pay a partial or full tuition fee, ranging from €500 to €2000 per year. Private universities have existed in Serbia since 1989 but are held in less esteem because they are generally less academically rigorous than the public universities. Of the 74 universities in Spain , 54 are public and funded by the autonomous community in which they are based. University funding differs by region. However,
1206-412: Is owned by the state or receives significant funding from a government. Whether a national university is considered public varies from one country (or region) to another, largely depending on the specific education landscape. In contrast a private university is usually owned and operated by a private corporation (not-for-profit or for profit). Both types are often regulated, but to varying degrees, by
1273-574: Is a public research university and the most prestigious university in Russia. Saint Petersburg State University is a state-owned university that was founded in 1724; it is managed by the government of the Russian Federation . In Serbia , over 85% of college students study at state-operated public universities. Academically well-performing students pay only administrative fees of less than €100 per year. Students who fail multiple classes in
1340-402: Is often used in lieu of chief executive officer. Business publicists since the days of Edward Bernays (1891–1995) and his client John D. Rockefeller (1839–1937) and even more successfully the corporate publicists for Henry Ford , promoted the concept of the " celebrity CEO". Business journalists have often adopted this approach, which assumes that the corporate achievements, especially in
1407-418: Is sometimes included as one such subordinate executive officer, but, as suggested by Anthony Johndrow, CEO of Reputation Economy Advisors, it can also be seen as "simply another way to add emphasis to the role of a modern-day CEO – where they are both the external face of, and the driving force behind, an organization culture". In the US, the term "chief executive officer" is used primarily in business, whereas
SECTION 20
#17327867496081474-427: Is tasked with implementing the goals, targets and strategic objectives as determined by the board of directors. As an executive officer of the company, the CEO reports the status of the business to the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO presides over the organization's day-to-day operations. The CEO is the person who is ultimately accountable for
1541-542: Is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors (elected by the shareholders ) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO). In the United States, and in business,
1608-552: The Dictionary says that the use of "CEO" as an acronym for a chief executive officer originated in Australia , with the first attestation being in 1914. The first American usage cited is from 1972. The responsibilities of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's structure. They can be far-reaching or quite limited, and are typically enshrined in
1675-541: The Korea National Open University which offers distance learning. The University of Seoul is a public municipal university. Manas University in Kyrgyzstan is a public higher education institution that offers associate degrees, undergraduate degrees, and graduate and postgraduate degrees. The University of Macau , Macao Polytechnic University , and Macao University of Tourism are
1742-526: The Ministry of Higher Education and Scientific Research controls public universities and guarantees admission to students who earn a Tunisian Baccalaureate . Using a state website, the students make a wish list of the universities they want to attend, with the highest-ranking students getting priority choices. Universities rank students according to the results of their baccalaureate. There are forty public universities in Bangladesh . They are overseen by
1809-874: The Round Rock Campus (2010); the Elgin Campus (2013); the Highland Campus, on the site of the closing Highland Mall in north Austin (2013); the Hays Campus in Kyle (2014); and the San Gabriel Campus in Leander (2018). The Ridgeview Campus closed in 1989, and Pinnacle closed in 2019. ACC's administrative offices are located in north-central Austin. ACC has a nine-member board of trustees whose members are elected by residents of
1876-776: The Texas College System Coordinating Board and the Texas Education Agency (as well as tuition and fees from students). ACC received its accreditation from SACS in 1978. As the system's student population grew, it quickly came to need more funding than its operation as a branch of AISD could provide. In 1981, the school administration petitioned voters in Travis County to make ACC a county-wide public college with its own taxing authority and to permit it to issue bonds to fund facility expansions and renovations. The initiative
1943-591: The Texas Legislature , the official service area of ACC currently includes: In the fall of 1973, the college held its first classes in the former Anderson High School building in east Austin, which ACC named its Ridgeview Campus. Evening classes were also held at several Austin public high schools. The Rio Grande Campus, the system's second, was opened downtown in 1975 in the building recently vacated by Austin High School . Over succeeding decades,
2010-805: The University Grants Commission which was created by the government in 1973. Most universities in Brunei are public. In the People's Republic of China , nearly all universities and research institutions are public. Typically, provincial governments run public universities. However, some are administered by municipal governments or are national , which the central government directly administers. Private undergraduate colleges exist but are primarily vocational colleges sponsored by private entities. Private universities usually cannot award bachelor's degrees. Public universities tend to enjoy
2077-722: The University of Mons in 2009. The state-created university founded in Antwerp in 1971 is now part of University of Antwerp . Hasselt University started as a state-created public institution managed by the Province of Limburg . Similarly, the Province of Luxembourg managed the state-created public university in Arlon which became part of ULiège in 2004. Since 1891, private universities have gradually become state-recognized and funded. Some private, mostly Catholic, organizations are called free institutions, as in administratively free from
Austin Community College District - Misplaced Pages Continue
2144-437: The constitution of Greece , higher education institutions (HEI) include universities, technical universities, and specialist institutions. HEI undergraduate programs are government-funded and do not charge tuition. A quarter of HEI postgraduate programs are tuition-free. After individual assessments, thirty percent of Greek students are entitled to attend any of the statutory postgraduate programs without tuition fees. Founded as
2211-592: The 150 universities in Taiwan are public. Because the Taiwanese government provides funding to public universities, their students pay less than half the tuition fees of those at private universities. Ten public universities were established before the 1980s and are the most prestigious in Taiwan. As a result, most students choose public universities for their tertiary education. In the late 19th century Thailand , there
2278-535: The CEO is also the president, is the vice president (VP). An organization may have more than one vice president, each tasked with a different area of responsibility (e.g., VP of finance, VP of human resources). Examples of subordinate executive officers who typically report to the CEO include the chief operating officer (COO), chief financial officer (CFO), chief strategy officer (CSO), chief marketing officer (CMO) and chief business officer (CBO). The public relations -focused position of chief reputation officer
2345-817: The Code de l'éducation states that " private higher education establishments can in no case take the title of university. " Nevertheless, many private institutions, such as the Catholic University of Lille or the Catholic University of Lyon , use the university as their marketing name. Most higher education institutions in Germany are public and operated by the states . All professors are public servants. Public universities are generally held in higher esteem than their private counterparts. From 1972 through 1998, public universities were tuition-free; however, some states have since adopted low tuition fees. According to
2412-535: The Ministry of Education controls all public universities. Students enroll after completing a 8-4-4 educational program system and attaining a mark of C+ or above. Students who meet the criteria set annually by the Kenya Universities and Colleges Central Placement Service receive government sponsorship, with the government providing part of their university or college fees. Students are also eligible for
2479-679: The Punjab is the biggest public university, followed by University of Karachi . The public universities receive guidance and recognition from the Higher Education Commission . There are more than 500 public higher education institutions in the Philippines that are controlled and managed by the Commission on Higher Education . Of the 500, 436 are state colleges and universities, 31 local colleges and universities, and
2546-528: The UK, chief executive and chief executive officer are used in local government , where their position in law is described as the "head of paid service", and in business and in the charitable sector . As of 2013 , the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are normally non-executive (unpaid) roles. The term managing director
2613-422: The arena of manufacturing, are produced by uniquely talented individuals, especially the "heroic CEO". In effect, journalists celebrate a CEO who takes distinctive strategic actions. The model is the celebrity in entertainment, sports, and politics – compare the " great man theory ". Guthey et al. argues that "...these individuals are not self-made, but rather are created by a process of widespread media exposure to
2680-617: The case of a partnership , an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company , an executive officer is any member, manager, or officer. Depending on the organization, a CEO may have several subordinate executives to help run the day-to-day administration of the company, each of whom has specific functional responsibilities referred to as senior executives, executive officers or corporate officers. Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if
2747-627: The central government establishes homogeneous tuition fees for all public universities which are much lower than those of their private counterparts. The highest tuition fee allowed by law was, as of 2010, €14.97 per academic credit, amounting to roughly €900 a year for an average 60-credit full-time course. Tuition fees at private universities might reach €18,000 a year. Chief executive officer CEOs find roles in various organizations, including public and private corporations , nonprofit organizations , and even some government organizations (notably state-owned enterprises ). The governor and CEO of
Austin Community College District - Misplaced Pages Continue
2814-1059: The college added the Riverside Campus in the East Riverside neighborhood of southeast Austin, on the former site of the Austin Country Club (1984); the Northridge Campus on the northern edge of Travis County (1989); the Pinnacle Campus in Oak Hill in southwest Austin (1990); the Cypress Creek Campus in Cedar Park (1991); the Eastview Campus in east Austin (1999); the South Austin Campus (2006);
2881-489: The college has added three more bachelor's degrees in software development, manufacturing engineering technology and cybersecurity. ACCTV is an educational cable access channel. Residents in the Austin Community College area get the Austin Community College channel on the following cable providers: Public college A public university or public college is a university or college that
2948-450: The day-to-day business and one supervisory board for control purposes (selected by the shareholders). In these countries, the CEO presides over the executive board and the chairperson presides over the supervisory board, and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim
3015-460: The district are meant to apply for associate degrees, which help students qualify for jobs or can be transferred to four-year institutions. ACC is the sixth largest community college system in the United States, and the fourth largest college in Texas. In the 1960s, Austin residents and leaders discussed the possibility of establishing a community college for their growing city. The question was put to
3082-506: The executive officers are usually the top officers of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "executive officers" as the five most highly compensated officers not also sitting on the board of directors. In the case of a sole proprietorship , an executive officer is the sole proprietor. In
3149-562: The existence of old boy networks , tradition, and the lack of female role models in that regard. Some countries have passed laws mandating boardroom gender quotas. In 2023 Rockefeller Foundation awarded a grant to Korn Ferry to research strategies and then action a plan to help more women to become CEO's. There are contentious claims that a significant number of CEO's have psychopathic tendencies, often characterized by power-seeking behavior and dominance. These individuals can often conceal their ruthlessness and antisocial behavior behind
3216-1007: The fee was €1,951 in 2015. Non-European Union students and students who want to complete a second bachelor's or master's degree pay a legal school fee. Annually, these legal school fees range between €7,000 for bachelor programs and €30,000 for master's programs in medicine. The Ministry of Education supervises all universities, including private institutions. Almost all universities in Norway are public and state-funded. In Poland , public universities are established by Acts of Parliament. The government pays all tuition fees and other costs of public university students. In contrast, private citizens, societies, or companies operate private universities that charge tuition fees directly to students. These institutions are generally held in lower regard than public universities. A small number of private universities do not charge fees, such as John Paul II Catholic University of Lublin . There are thirteen public universities,
3283-526: The government through the University Grants Commission , which handles undergraduate placements and staff appointments. The top institutions include the University of Peradeniya founded in 1942 and the University of Colombo founded in 1921. Sri Lanka also has a joint service military university, the General Sir John Kotelawala Defence University , which is operated by the Ministry of Defence . One-third of
3350-683: The government. In Egypt, Al-Azhar University was founded in 970 AD as a madrasa ; it formally became a public university in 1961 and is one of the oldest institutions of higher education in the world. In the 20th century, Egypt opened many other public universities with government-subsidized tuition fees, including Cairo University in 1908, Alexandria University in 1912, Assiut University in 1928, Ain Shams University in 1957, Helwan University in 1959, Beni-Suef University in 1963, Zagazig University in 1974, Benha University in 1976, and Suez Canal University in 1989. In Kenya ,
3417-679: The legislation of the national government until higher education was moved to the control of the three communities in 1990. Consequently, the Flemish , the French , and the German communities determine which institutes of higher education organize and issue diplomas. Until the 1970s, Belgium had two state universities: the University of Liège (ULiège) and the Ghent University (UGent), both founded in 1817. These are often referred to as
SECTION 50
#17327867496083484-542: The national or state governments. India also has an "open" public university, the Indira Gandhi National Open University which offers distance education. In terms of the number of enrolled students, it is now the largest university in the world with over four million students. In Indonesia , the government supports public universities in each province. Funding comes through the Ministry of Education, Culture, Research, and Technology and
3551-409: The point that their actions, personalities, and even private lives function symbolically to represent significant dynamics and tensions prevalent in the contemporary business atmosphere". Journalism thereby exaggerates the importance of the CEO and tends to neglect harder-to-describe broader corporate factors. There is little attention to the intricately organized technical bureaucracy that actually does
3618-520: The provincial and municipal governments. Some of the public universities in Iran offer tuition-free and tuition-based programs. State-run universities are highly selective and competitive. There are nine official universities in Israel , a few dozen colleges, and about a dozen foreign university extensions. The Council for Higher Education in Israel supervises all of these institutions academically. Only
3685-706: The public universities in Macau . There are twenty public universities in Malaysia , funded by the government but governed as self-managed institutions. Tribhuvan University was the first public university in Nepal . It operates through six different institutes and is affiliated with various colleges. There are government-funded Purbanchal University and Pokhara University . There are 107 public universities in Pakistan , compared to 76 private universities. University of
3752-824: The region". This contrasts with the research-oriented aspects of national universities. In 2010, 127,872 students were attending 95 public universities, compared to 86 national universities and 597 private universities in Japan. Many public universities are relatively new; in 1980, there were only 34 public universities in Japan. Since July 2003, public universities may incorporate under the Local Independent Administrative Institutions Law. In South Korea , most public universities are national. There are 29 national universities, eighteen special universities, and ten educational universities. In addition, there are two national colleges and
3819-836: The role of the main manager of the organization and the highest-ranking officer in the C-suite . The term "chief executive officer" is attested as early as 1782, when an ordinance of the Congress of the Confederation of the United States of America used the term to refer to governors and other leaders of the executive branches of each of the Thirteen Colonies . In draft additions to the Oxford English Dictionary published online in 2011,
3886-579: The same for all public universities. Except for some fields of study, notably medicine, all Austrians who pass the Matura exam have the right to attend any public university. Overenrolled degree programs have introduced additional entrance exams that students must pass in the first year or before starting the degree, especially with scientific subjects such as biology, chemistry, and physics. Private universities have existed since 1999 but are considered easier than public universities and thus hold less esteem. All public universities in Belgium were operated under
3953-884: The state despite being state-funded. As of 2022, the communities fund all recognized universities, public and private, which follow the same rules and laws. The state runs most public universities in Croatia . Students who perform well academically pay only administrative fees which are less than €100 per year. Students who fail multiple classes in a year must retake the courses and pay a partial or full tuition fee. Almost all universities in Denmark are public and are held in higher esteem than their private counterparts. Danish students attend university for free. All universities in Finland are public and free of charge. Most universities and grandes écoles in France are public and charge very low tuition fees—less than €1000 per year. Major exceptions are semi-private grandes écoles such as HEC , EMLyon or INSEAD . Article L731-14 of
4020-494: The student's family wealth, the course of study, and exam performance. A few scholarships are available for the best low-income students at the undergraduate and postgraduate levels. However, for research, private funding ranges from low to non-existent, compared to most European countries. The Netherlands Ministry of Education funds most public universities. Dutch citizens and those from European Union countries pay an annual tuition fee for their first bachelor's or master's degree;
4087-928: The taxation district. Each member is elected at-large by the entire district and serves for a six-year term with no term limits. In addition to developing policies for the organization as a whole, the board is responsible for appointing the college chancellor, who then selects the rest of ACC's administrative staff and directs the day-to-day operation of the college as its chief executive officer . ACC offers associate degrees and certificates in more than 100 fields, as well as offering career and technical training programs, adult education / GED programs, and continuing education programs. The school also facilitates transfer of core curriculum credits to bachelor's degree programs at four-year institutions; tuition costs for two years of study at ACC are significantly lower than those at major Texas public universities , leading many students complete basic course work at ACC before transferring as
SECTION 60
#17327867496084154-409: The term "executive director" is used primarily in the not-for-profit sector. These terms are generally mutually exclusive and refer to distinct legal duties and responsibilities. The CEO is the highest-ranking executive in a company, making corporate decisions, managing operations, allocating resources, and serving as the main point of communication between the board of directors and the company. In
4221-434: The two historic state universities. In 1965, small specialized single-faculty public institutions were recognized as universities, including the Faculty of Veterinary Medicine and the Gembloux Agro-Bio Tech ; both are now part of the University of Liège . The Belgian state created smaller public universities that have since merged with larger institutions, including the public university at Mons in 1965 which became part of
4288-457: The work. Hubris sets in when the CEO internalizes the celebrity and becomes excessively self-confident in making complex decisions. There may be an emphasis on the sort of decisions that attract the celebrity journalists . Research published in 2009 by Ulrike Malmendier and Geoffrey Tate indicates that "firms with award-winning CEOs subsequently underperform, in terms both of stock and of operating performance". Executive compensation has been
4355-685: The workplace. This perspective is explored in the book Snakes in Suits , co-authored by Robert D. Hare . However, Scott Lilienfeld has argued that the attention given to psychopathy in the workplace by both the media and scholars has far exceeded the available scientific evidence. Emilia Bunea, writing in Psychology Today , has linked psychopathic traits in managers to workplace bullying , employee dissatisfaction, and turnover intentions. Despite this, Bunea cautions that excessive worry about supposed psychopathic managers could discourage individuals from pursuing careers in corporations and deter employees from addressing issues with difficult bosses. In
4422-458: Was a high demand for professional talent by the central government. In 1899, the King founded the School for Training of Civil Officials near the northern gate of the royal palace. Graduates from the school became royal pages, a traditional entrance into the Mahattai Ministry or other government ministries. As of 2019, Thailand has nineteen public universities. In Austria , most universities are public. The state regulates tuition fees, making costs
4489-469: Was initially rejected at the polls, but a similar measure was enacted in 1986, separating ACC from AISD and establishing its governing board and taxing authority. The system's service area has grown steadily across its history as surrounding regions have agreed to be annexed into the tax district in return for in-district tuition for their residents. The ACC District now spans all or most of seven counties in Central Texas and parts of four more. As defined by
#607392