The top dogs at work often get all the grief.\n\nGranted, there are some chiefs in departments and at companies who are\n\nseemingly over-compensated based on overall results. And there are\n\nthose who abuse their positions, either through personal excess or\n\ndictatorial flair.\n\nBut for the most part, being in the chief position can be extremely\n\ndifficult and challenging. We\u2019re not talking just about the Chief\n\nExecutive Officer, but all the other \u201cC\u201d titles at businesses around\n\nthe country.\n\nThere are the Chief Information Officers who, based on our\n\nnationwide survey, are considered the most underrated and\/or\n\nunderappreciated. As you might guess, the second most underrated or\n\nunderappreciated is the Chief Technology Officer.\n\nClosely following the technology leaders are the financial\n\ngurus, the Chief Financial Officers. In this day of intense focus on\n\nfollowing the rules of Sarbanes-Oxley, finance leaders are finding\n\nthemselves on the hot seat. But, the CFO also is near the top of the\n\nlist of which chiefs provide the most value (critical to success,\n\ncompetitive advantage, etc.). The only position ahead of the CFO in\n\nthis category is the CEO, rated by the majority of respondents as the\n\none that provides the most value.\n\nInterestingly, while the CEO is seen as providing the most\n\nvalue, the position also is considered to be the most overrated and\/or\n\noverappreciated.\n\nHowever, as you go higher in the ranks, there seems to be more\n\nappreciation for the CEO. While 38 percent of managers see the CEO as\n\nproviding the most value, 67 percent of senior executives rate the CEO\n\nas number one among all the chiefs in value. The smaller the company,\n\nthe more highly regarded is the CEO. \u201cOur company is small enough that every\n\nchief brings incredible value,\u201d said one survey respondent. \u201cIf they\n\ndon\u2019t, they don\u2019t last very long. They can\u2019t hide in the organization.\u201d\n\nNot in any way to minimize the role of employees \u2014 managers and\n\nthose executives who serve under the \u201cchiefs" \u2014 but being in the top\n\nspot is not as easy as it might appear.\n\nFor example, executives and mangers regard Chief Marketing\n\nOfficers as providing high value equally across all company sizes.\n\nHowever, if a major marketing campaign fails miserably, the\n\nrepercussions are mostly likely to fall at the door of the CMO.\n\nWhile not every business has all the official titles of\n\nchief-whatever, everyone in the organization or department knows who\n\nthe in-effect chief is and who takes the heat when there\u2019s a major\n\nfailure. Even though there might not be a Chief of Sales title, top\n\nmanagement readily finds a chief sales leader on which to pin a\n\nfailure.\n\nSo the next time you read about a CEO receiving an enviable\n\ncompensation package, keep in mind that not all the chiefs are in that\n\ncategory. And, those other chiefs are just as likely to quickly take\n\nthe fall when the wind blows the wrong way, even though many of those\n\nchiefs are the ones who spent long nights and weekends diligently\n\nworking toward the future good of the organization.