what decisionmaking power makes it different between a CEO and a GM
2006-09-30 20:46:37 · 4 answers · asked by lizbed 1 in Business & Finance ➔ Careers & Employment
CEO is the chief executive officer. That is basically the head of the corporation. Each company has a president and the CEO is the head of all the presidents.
GM is just a general manager.
In the scheme of a corporation, GM is nothing. CEO is boss of all bosses
Think of it this was, GM may make about $100,000 a year.
CEO can make millions or even hundred of millions of dollars a year.
2006-09-30 20:50:27 · answer #1 · answered by d2pain 3 · 0⤊ 1⤋
CEOs usually function as the face of the company and come up with ideas. Its kind of like being president of the US, you dont really do anything, you just act as a figurehead, provide leadership. A GM is more operational, they make sure everything is running right, all the systems are well greased, kind of like Chief of Staff in the US
2006-09-30 20:55:53 · answer #2 · answered by MM 5 · 0⤊ 0⤋
a GM, or General Manager runs a pre-determined "sector", within the confines of the structure set up for them by a company, while a CEO, or Chief Executive Officer makes policies, and is responsible for the company, answerable to both authorities, and/or a board of shareholders
2006-09-30 20:58:35 · answer #3 · answered by Bob 2 · 0⤊ 2⤋
CEO makes policies; GM implements it.
CEO can change policies; GM cannot change policies he has to set and achieve target as per revised policies.
2006-09-30 21:12:16 · answer #4 · answered by deepak57 7 · 0⤊ 1⤋