BUS 1010

Memo
To:

Edward J. Ludwig

From:

[Your Name]

Date:
Re:

BUS 1010 E-Portfolio Assignment CEO of BD Medical Sandy

Career--- CEO of BD Medical Sandy

I want to learn and know which path I should be chosen to become a CEO of BD Medical Sandy.
What is necessary to becoming a CEO, what is the step that are needed?

My Interest
I have been working in BD Medical Sandy as a Line Lead for almost a year, my career path
would be leading me to becoming a supervisor. But as I working as a line lead, I have wondering
what it is to become a CEO of a big company where it has worldwide market. Not just becoming
a supervisor is satisfying my curiosity in business world, but become CEO will be my biggest
interest and challenge.

Advantages
I am very interest in the business world. I am a person who take risk and willing to try out
anything that could benefit myself and the company am working in. As a strong leader in
business world and young entrepreneur, I consider myself to be having a good basic skill to
become a leader for a young ages. I also have a degree in Computer Programming and a fast
learner in everything, I can catch up to most of the thing that I havent learn and get better at it
very quickly. So I believe if I have my own career path setup right now, my chance of reaching
my goal is stronger than ever.

Potential limitations

My only limitation would be I am still going to school and struggle with college payment. As of
right now, money is the thing keeping me from reaching my goal and my career. By working full
time and going to school full time, and taken care of my family. Money have become the biggest
challenge for me.
Work Completed to Date--- Thus far I have done the following:

Reading articles about what do CEOs do?

o http://www.steverrobbins.com/articles/ceojob/
There are 1 in 20 of CEOs actually know what they are doing.
A CEOs responsibilities is everything: success or failure of the company,
operations, marketing, strategy, financing, creation of company culture,
human resources, etc
CEOs is someone that set a strategy and vision for the success of a
company.
CEOs building culture, people are the profound of the company. In order
to make the company, the lousy and motivation the company are, the
better the work places. Performance are raised by the mood and interest of
each and individual workers.
CEOs also build team duty; CEO hires or fire many people. But the best
team that can be working together are forming using the knowledge of a
CEO. In order to lead an organization, his/her need to be firm in their
actions and be smart.

Having a firm position in BD Company and ready to move up.

o As I started to work in BD Medical, I did not simply want to be an Equipment
Specialist.
o I have successfully moving up to a leadership position using my hard work and
ability
o In order to move future, an education is needed
o Motivation

Job Description

Day-to-day duties
o Meetings with all the chief to form ideas/solutions to improve the company
o Motivate employees
o Have lunch with partnership company
o Think of a way to change or make the company better
o Plan for the future of the company. Long term and short term
o Be clear, engaging, and exciting to the stakeholders

1. Big Responsibilities
a. Vision for the company (5 Core Responsibilities of a CEO)
i. Determine and communicate with the employee to direct the strategic
direction that the company are heading
b. Provide proper resources (5 Core Responsibilities of a CEO)
i. Capital task and people task
1. Keeping a proper balance of resources throughout all the groups
and initiatives to achieve the company goals.
c. Build the culture (5 Core Responsibilities of a CEO)
i. Culture is a set of attitude where people sharing with each other, for
example; their goals, behaviors and values that characters them to other
people.
d. Make good decision (5 Core Responsibilities of a CEO)
i. CEO decision are firm, one wrong decision and ruin the whole company
and bring it down in an instant. Cannot be wrong.
e. Oversee and deliver the companys performance (5 Core Responsibilities of a
CEO)

General Career Path/General Education Experience

Being a CEO is awesome and something that every entrepreneur wanted to be. But the step of
being one is very hard. Im starting to position myself in a leadership position in BD Medical. As
I move forward and perform well in my jobs. I eventually move up to become a Supervisor.
Where the next step would be needing a MBA degree (What Is an MBA?).
Getting my MBA while work my way up to become a Supervisor in the company.
Next, getting a higher management positon where I work with worldwide manager.
Take about 10-15 years to make an impress progress to become a CEO.
Interacting the stakeholder to get connection and waiting for chances to become CEO when I
have attained all the skill and knowledges of how to become a great CEO.

Average Salary
Total of about 10 million/annually where it includes: 1000000 salaries, 1400000 bonuses,
3000000 stock, 4700000 stock awards, and the rest are coming from other type of compensation.
All across the nation, average pay of being a CEO is 13.8 million/year (CEO to Worker
Pay Ratios). Comparing to the average, BD Medical has a losing hand but I think I will be okay
with the 10 million.

Being a millionaire by putting out our best effort is something that I like to tryout and
will never give up on my ideas. I rather losing it all then not try it at all. Its a big goal but its
very interesting.

Career Outlook
According to Executive Career Outlook and Salary the data publish in 2012 by U.S.
Bureau of Labor Statistics, employment for top executives will be increasing 5% in the next 10
years (Executive Career Outlook and Salary). With the high salaries meaning the employment
prospects should be better for candidates with strong work experience, advanced educational
qualifications and professional development training to be having a chance in becoming CEO.
Being a CEO is the best job in the world. You make million by pouring out your heart and
knowledge to improve the company. It is your own world that you are creating and making it
better day by day. But the reward is fully satisfied.
CEO are responsible for establishing the organizational goals, and creating a processes
and strategies to achieve the company goals/mission statement (Roles and Responsibilities).
CEO provide leadership and management, directing employee in the right direction to ensure that
the strategic plan is working and going.
The future of a CEO is bright enough that make me a millionaire.
It can give me many opportunities to done things that I have never done or even have the
money in my dream to be doing. This career will be being a smile to not only me but the rest of
my family.

Bio of someone in the profession

The first step I had taken are to become a leader in my company. I talk to the supervisor,
and he is willing to make a one of the four leader in the team. For a better future, I have to
perform well and getting an education that fit my profession/position.

Pros and Cons

o Pros (Top 5 Reasons You Do)
o Decide strategy and whats important
o An interesting and ego trip
o Hire your own team
o You are the solver for everything
o You are the setter for the future of the company
o Cons (Top 5 Reasons You Do)
4

o
o
o
o
o

Work way harder comparing to anybody else

Lonelier than youve ever been in our life
You fire people
Customer jerk around with you
Its your company, work for it.

Your fit with this career

o
o
o
o

I think being a CEO is a very interesting and challenge task, which is best suited for me
I like to challenge myself to the limit (work hard or die)
I like to own my company
I like to make decision and have confident

Overall, being a CEO will be the biggest challenge in my life, and I will be working hard to
attain what I wanted and having a life that I have always dream off.

References

Lead from the Top: 5 Core Responsibilities of a CEO. (2014, May 1). Retrieved December 1,
2015, from http://www.entrepreneur.com/article/233354

What do CEOs do? A CEO Job Description. (2006, February 23). Retrieved December 1, 2015,
from http://www.steverrobbins.com/articles/ceojob/
Compensation Information for Vincent A. Forlenza , Chairman, Chief Executive Officer and
President of BECTON DICKINSON & CO | Salary.com. (n.d.). Retrieved December 1, 2015,
from http://www1.salary.com/Vincent-A-Forlenza-Salary-Bonus-Stock-Options-for-BECTONDICKINSON-CO.html
Top 5 Reasons You Do, and Don't, Want to be CEO of Your Own Startup. (2015, January 27).
Retrieved December 1, 2015, from http://www.inc.com/penny-herscher/top-5-reasons-you-doand-don-t-want-to-be-ceo-of-your-own-startup.html
What Is an MBA? | OnlineMBA.com. (n.d.). Retrieved December 1, 2015, from
http://www.onlinemba.com/guide/exactly-what-is-an-mba/
Roles and Responsibilities of Chief Executive Officer of a Corporation. (n.d.). Retrieved
December 1, 2015, from http://managementhelp.org/chiefexecutives/job-description.htm
What Are the Job Functions of a CEO? (n.d.). Retrieved December 1, 2015, from
http://work.chron.com/job-functions-ceo-14238.html
CEO to Worker Pay Ratios: Average CEO Earns 204 Times Median Worker Pay - Glassdoor
Economic Research. (2015, August 25). Retrieved December 1, 2015, from
https://www.glassdoor.com/research/ceo-pay-ratio/
Executive Career Outlook and Salary. (n.d.). Retrieved December 1, 2015, from
http://www.usanfranonline.com/resources/business-process-management/executive-careeroutlook-and-salary/#.Vl2wInarTcc