A president in 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 duties and responsibilities of each will differ. 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 for the budget as well as the fiscal management, and the financial overall 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 a office with support staff, 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.