The Experience of the CEO
In today's business environment, the personality and the experience of the chief executive officer (CEO) plays a major role in determining and driving a firm's strategy formulation and implementation with a view to getting the objectives of a company achieved. For instance, the three CEOs David Joos, Jack Welch and Samuel Palmisano of CMS, GEs and IBM companies respectively new era caps greatly to attest to this
Before formulating a strategy and implementing it, there are a number of different levels that CEO must accomplish before making a conclusive judgment which Grant, (2000) puts them as: presupposition, setting a motion, appropriate language selection, logical discussion, and the final decision. This process, as Levinson & Rosenthal (2008) put, therefore calls for an ardent CEO since the strategies that will result will have new era caps either a positive or negative effect to the company. The base of all this strategy formulation and implementation seems to call for the CEOs to be great critical thinkers who are able to sail through the aforementioned levels with a view to developing a sure-fire critical thinking model in their strategy and policy formulation.
CMS Energy's David W. Joos who is 56 years old, has served as President and Chief Executive Officer of this company for over five years now. He has also served as President and Chief Operating Officer of CMS Energy and Consumers Energy and still as the Executive Vice President and Chief Operating Officer in the same company.? In 2000 he was the President and Chief Executive Officer. Furthermore, David Joos is a director of Steelcase, Inc., the Edison Electric Institute, the Michigan Manufacturers Association and the Detroit Renaissance Inc. it is no doubt that it is his hard earned personality and the experience amassed over the years, that enables him to formulate strategies that have seen the company's energy businesses, taking into account Consumers Energy, Independent power production and the gas storage and supplies, remain great assets and sources of huge profits.
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