There are 3 things a CEO or Managing Director should be able to do really well:

1) Articulate the vision of the company, consistently and regularly

2) Ensure the financial welfare of the company. Secure the money in – accounts receivable and funding – watch the cash flow, keep to the budgets

3) Hire the best people possible in the key roles, either those with form or those who can grow into the role.

Master those 3 and you’re well on your way.