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The Role of the Chief Executive

                  The chief executive is a crucial element for study in any case study.

                  The CEO is responsible for developing the organisations strategy. It is
                  his/her character which colours and influences the organisation. It is
                  necessary, therefore, to look at the abilities, style and administrative

                  competence of the Chief Executive as these will be reflected in the
                  proposed management solutions and reasons for their choice.


                  Additionally, the share price may be seen as a reflection of how the
                  investing public view the performance of the CEO









                                        SHARE CONSTITUENTS











                      Perceived
                      management
                      contribution
                                      MARKET VALUE       Market Assessment Of The Contribution
                                                          Management Makes To Share Price
                      Intrinsic
                      Value
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