An executive director is accountable for coordinating, managing and developing programs and managing employees when working under the supervision of the board of directors. The executive director gives leadership as well as vision necessary for ensuring the organization has accurate operational controls as well as reporting and administrative procedures. An executive director must also make sure the company has enough resources and financial strength to complete company projects.
Additionally, the executive director also monitors the actual budgets and expenses by analyzing accounting reports. A director also evaluates and establishes periodic progress reviews for assuring results are monitored. An executive director must also be able to recognize trouble areas and recommend strategies to resolve existing issues. It is the responsibility of the executive director to ensure the company has a long-term strategy to achieve its goals and promote growth.
Executive directors lead team members through the program development process and also plan finances and organizational strategies with the board of directors. They also ensure all policies and plans are enforced and adhered to. An executive director also performs take such as promoting participation through the volunteers in every area of the company, maintain official documents, ensure proper record keeping and ensure the company complies with state, federal and local regulations.
Also, it is the responsibility of the director to inform the board of directors about the status of the organization along with all the factors that are influencing it. A good director shares information regarding the activities of an organization, its goals and strategies. An executive director makes cooperative arrangements with the organizations and community groups.
An executive director is also liable for the employment, recruitment and elimination of personnel, both volunteers and paid employees. The director ensures the job descriptions are accurate and tasks are performed. Director also does frequent performance evaluations and make sure proper human resource practices are used. They encourage volunteer work, staff education and development, and help team members to use their skills to meet the organization's needs.
In order to work in an executive director position, the interested candidate should be politically active and have a sound knowledge of public policy. There are two important skills an executive should have. The first is the ability to think strategically and the second is the ability to think creatively.
Additionally, the person should be capable of identifying issues and key points that can hurt or benefit the company. As an executive director, you should be capable of influencing and motivating others and be able to develop innovative solutions solving problems.
There are many skills candidates who want to become executive directors must have. Additional skills include the ability to negotiate with people and strong leadership qualities. Communications skills are important for interaction with customers and upper level management. Experience with financial management and budgeting is also required.
A candidate seeking an executive director position should have at least a Bachelor's degree. Most employers seek candidates with Master's degree in management.
To become an executive director, many years of experience is required. A person should have experience as a manager. Most companies prefer candidates who have experience in senior level position. Experience with mental health systems and effective, proven, progressive management experience within a non-profit environment will help a candidate get an executive director job.
The need for executive directors will never decrease. It is a job that gives you the opportunity to work at a supreme level. The need will increase as many companies need an executive director to guide the company in the right direction. The employment level in this field is expected to grow by a rate of 12% through the year 2016. The rate will vary depending on the industry the company is in.
The salary of an executive director depends over the total years of experience a person have. In addition, candidates having ample of experience that makes them eligible for the position of executive director also gets to enjoy various benefits, including health plans, pensions plans and others.
An executive director is a highly reputable and lucrative position. One needs to have about 20-30 years of experience and outstanding track record to rise to this position. The job responsibilities within this job profile are very general, yet allow you to make smart decision and show your aptitude and potential.