Berahle (also transliterated Barahle and Berahile ) is a town in north-eastern Ethiopia . Located in Kilbet Rasu , Afar Region , this town has a latitude and longitude of 13°51′N 40°01′E / 13.850°N 40.017°E / 13.850; 40.017 with an altitude of 639 meters above sea level. It is the largest town in Berhale woreda .
34-432: Philip Briggs describes this town as an "unexpectedly large and attractive town, set in a valley below stark twin peaks", which although "neither truly of the highlands nor truly of the desert" Berhale, "with its combination of typically Tigrayan stone houses and more austere Afar huts...is an agreeable point of transition between the two natural realms." This town was reported as having phone service by 2004; electrical service
68-403: 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 . 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
102-488: 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
136-424: 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
170-402: 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
204-462: 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
238-577: A household, and 807 housing units. This article about a location in the Afar Region of Ethiopia is a stub . You can help Misplaced Pages by expanding it . Ethiopian Electric Power Corporation Ethiopian Electric Power ( Amharic : የኢትዮጵያ ኤሌክትሪክ ኃይል ) is an Ethiopian electrical power industry and state-owned electric producer . It is engaged in development , investment , construction , operation , and management of power plants , power generation and power transmission . The company
272-599: 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
306-504: 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 ,
340-558: Is a main key in the Ethiopian energy sector . Ethiopian Electric Power owns and operates the Ethiopian national power grid with all high voltage power transmission lines above 66 kV including all attached electrical substations and almost all power plants within the national power grid (with the exception of some co-generation power plants belonging to the state-owned Ethiopian Sugar Corporation ). Ethiopian Electric power
374-431: Is almost the state monopoly in generating electric power for the national power grid, although Ethiopia also allows Independent Power Producers to construct and to operate power plants for delivering power to the national grid since 2017. Electric power distribution and the operation of power transmission lines of ≤66 kV within the national power grid is not part of the activities of Ethiopian Electric Power, that
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#1732798227854408-538: Is done by the also state-owned sister company Ethiopian Electric Utility . Small and isolated self-contained power generation systems and power plants not attached to the national power grid do also exist in Ethiopia with generation capacities of up to 5MW e . These local power producers do not belong to Ethiopian Electric Power and can be privately owned or owned by regional authorities. The power transmission and power distribution from those self-contained power plants
442-669: Is not part of the business operations of Ethiopian Electric Power either. The company was formed in 1956 as the Ethiopian Electric Light & Power Authority (EELPA), which bundled all Ethiopian activities around electricity in a single organization. In 1996, EELPA was split into the Ethiopia Electric Authority (EEA), taking over all regulating activities and a company, Ethiopian Electric Power Corporation (EEPCo), bundling all activities from power generation to household delivery. In 2013, EEPCo
476-402: 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
510-418: 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
544-427: 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
578-542: 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,
612-552: 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
646-468: The Tigray War . Many people fled towards the regional capital of Semera as refugees. On February 23 of that same year, militants entered an Eritrean refugee camp , killing at least five people. Thousands were displaced and several women were abducted. Several refugees were separated from their families during the attack and experienced emotional distress. While no organization claimed responsibility,
680-535: 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
714-662: The Tigray People's Liberation Front was widely suspected of being responsible. The United Nations later acknowledged the attack in a statement. The Addis Standard estimated a month later that 43,000 people had been displaced from the settlement during the war. According to the 2007 census conducted by the Central Statistical Agency , Berhale has a total population of 6,098, of whom 3,563 are men and 2,535 women. A total of 863 households were counted in this woreda, resulting in an average of 7.1 persons to
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#1732798227854748-528: 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
782-422: 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
816-617: 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
850-450: 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
884-506: 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
918-562: 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
952-409: 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
986-836: 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,
1020-409: 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
1054-457: 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
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1088-802: 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
1122-485: Was again split up into two companies, Ethiopian Electric Utility and Ethiopian Electric Power . Ethiopian Electric Power was formed by Council of Ministers Regulation No.302/2013. The first (2013) CEO of Ethiopian Electric Power was Azeb Asnake , replaced in August 2018 by Abraham Belay . In 2016, Ethiopian Electric Power had more than 3500 employees. CEO A chief executive officer ( CEO ), also known as
1156-838: Was introduced in September 2006, when the Ethiopian Electric Power Corporation installed a 120 kilowatt generator, street lights, and 200 electric meters. At the time, electrical service was provided from 6 pm to midnight. Records at the Nordic Africa Institute website provide details of a primary school in Berhale during the year 1968. Five British citizens and their Ethiopian guides were kidnapped 4 March 2007 after visiting Berhale. In January 2022, Tigray People's Liberation Front shelled Berhale as part of an offensive into Afar during
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