I what definition of CEO , and his role in company and diffence with other like Director , Chairmen in company.
2006-10-10 04:36:34 · 7 answers · asked by Anonymous in Business & Finance ➔ Corporations
I can see why this is confusing. These job titles do seem to overlap.
A board of directors steers the general direction of a company, but does not get involved in the day to day running of things. Directors are members of that board. The Chairman of the Board presides over that board, and sets the agenda and keeps the ideas organized and controlled.
The President of the company often sits that the chairman of a board, but may also be involved in the running of the company. This is where overlap may occur.
The Chief Executive Officer is the person that runs the day to day operation of a company, and may also be that President and chairman of the board. He/she does not have to be a board member or chairman of that board. This overlap may or may not be important for that board's operation.
In very large corporations, you can have many company or division Presidents. In many cases, a CEO heads these operational Presidents.
The situation becomes even more complicated wen you learn about stock holdings of these officers and where they fit into the company's long term financial condition. Their political power within the company can vary with thier holdings and Corporation Bylaws.
2006-10-10 04:50:21 · answer #1 · answered by Anonymous · 0⤊ 1⤋
Chief executive officer is the main hierarchy within a company and usually have the senior management team reporting in to them. The CEO receives direction from the board or the main financier and then rolls out the direction along with strategy to achieve as well as devising top level action plans to ensure the company is successful. The CEO also ensures that all activities within the company meets the legal obligations and are within the governance of the company requirements. These can range from fiscal reporting responsibilities as well as ensuring environmental compliance.
2006-10-10 11:43:31 · answer #2 · answered by r g 3 · 0⤊ 0⤋
A CEO actually works (an employee) for the corp.
A president or member of board of directors may be a supervisor or boss but may not actually work for the company. Also CEO is primarily responsible for the overall operations of the company
2006-10-10 11:45:31 · answer #3 · answered by goldenboyblue 3 · 0⤊ 0⤋
CEO (chief executive officer) is first line manager or top level manager who r responsible for devising corporate strategies and decision makers on top level mangement related matters eg whether company should go for business expansion or investing more or short sizing employee strength .....like that.
it is mostly top senior manager who has vast experience of all depts ie marketing.finance , hrm and r&d.
2006-10-10 13:19:55 · answer #4 · answered by cosmopolitan 1 · 0⤊ 0⤋
head of the executing the operations of the organisation, the prime person for the running of the organisation.
2006-10-10 11:46:06 · answer #5 · answered by prince47 7 · 0⤊ 0⤋
Head of major division.
2006-10-10 12:16:17 · answer #6 · answered by Anonymous · 0⤊ 0⤋
boss
2006-10-10 11:43:31 · answer #7 · answered by roezbuddz77 3 · 1⤊ 0⤋