DECEMBER 2025
What Does A Managing Director Do?
Tasks and duties Communicating, on behalf of the company, with shareholders, government entities, the public and the media.
Creating and implementing the company’s vision and mission. Developing and implementing business and strategic plans and budgets. Evaluating the work of other executive leaders within the company.
Maintaining awareness of the competitive market landscape, expansion opportunities and industry developments. Assessing risks to the company and ensuring they are monitored and minimised.
Reporting through to the Board of Directors with accurate and timely information regarding the organisation’s overall performance, including financials, risk ratings, compliance and growth prospects. How to become a Chief Executive O ffi cer While there are many pathways to becoming a CEO, most have at least one degree, extensive industry experience and well-developed skills in business, management and leadership. Complete a bachelor degree in business, commerce, economics or the industry you plan to enter (for example, engineering). This usually takes three years of full-time study. Consider advancing your skills with a relevant masters degree, such as a Master of Business Administration (MBA). Gain extensive work experience in leadership roles across a range of businesses, or work your way up through a company. Prior senior-level managerial experience is typically required before becoming a CEO. What Does A Managing Director Do? Page 33 of 44 Maggie Marriott
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