Case Study On Transcend Media Group

As a manager for a large department her job duties are quite extensive. She manages over forty employees. She reinforces compliance of staff with hospital policies, gives informal/formal feedback regarding performance throughout the year, promotes staff development, and uses effective listening, writing, and verbal skills. She promotes satisfaction targets related to patients, employees, and physicians, actively participates in, and leads interdisciplinary teams. Alicia also assist the director in maintain departmental budget, monitors supply utilization and maintains budgeted targets, and responsible for an efficient and accurate payroll.

The role of the board of directors is to oversee their operations that consists of community-based volunteers. They work with other community members that are composed of youths and graduates of their shelter programs. Also, to provide resources, allocate funds, monitors the activities of management, as well as electing outside individuals to serve as officers of the organization.

Common stockholders are the basic owners of a corporation, but few stockholders of large corporations take an active role in management. Instead, they elect the corporation’s board of directors to represent their interests. Board members seldom get involved in the day-to-day management of the company. They establish the basic mission and goals of the corporation and appoint

Because the Board of Directors only meets four times a year, the day-to-day operations are managed by a Chief Executive Officer. The CEO has appointed five Chiefs as his

The Board of Directors oversees the operation of Strategic Management Ltd., and the work of Crossroads of Delaware. Their primary duty is to review and approve the budget, goals, objectives, policies, procedures, performance and the strategic plan. This board appoints the chief operating officer to oversee the operation of the company (Delaware, Policy & Procedures Binder 1, 2013).

To ensure that the company thrives and overcomes the crisis that may come on the way, the company has various strategies and ways to overcome that and to keep the company on the track which includes constitution and board of directors which has various roles and responsibilities. The company has got a constitution and also corporations’ act. The companies’ values are the trust, integrity and honesty. The board carries out the duties in regard to the interest of the companies’

She is thorough in her efforts to increase morale by fielding our customer compliment calls and motivates each agent when she posts an award of their achievement for the entire office to see. Furthermore, she does a fantastic job with keeping up with all competition statistics for the team and she makes sure all agents know they rank as well as what they can work on to achieve their full potential. Her commitment to her employees and their success is one of her top priorities as she takes time to truly give each agent individualized assistance with their job performance.

It is essential that the role, duties and responsibilities of directors are clearly defined. The Combined Code (2006) states that “the board’s role is to provide entrepreneurial leadership of the company within a framework of prudent and effective controls which enables risk to be assessed and managed”.

In large corporations the success or failure of the company is the responsibility of the board of directors. According to Richard DeGeorge, “The members of the board are responsible to the shareholders for the selection of honest, effective managers, and especially for the selection for the CEO and of the president of the corporation.” (p. 202). The board members have a moral responsibility to ensure the corporation is run honestly, in respect to its major policies, and to ensure the interests of the shareholders are satisfied. The next responsibility within a corporation is the responsibility management has to its board of directors. DeGeorge writes, “It must inform the board of its actions, the decisions it makes or the decisions to be made, the financial condition of the firm, its successes and failures, and the like.” (p. 202). The management of the corporation is morally obligated to

She has an open door policy and considers her employees to be like family. She expects her employees to maintain a positive attitude and if they do not have one she helps them to achieve a positive attitude.

Board of Directors – are responsible for overseeing the activities of Innovative Widgets so that the company meets the expectations of our founder.

Joshua Kennon (2007), stated that “The board of directors is the highest governing authority within the management structure at any publicly traded company and is usually made up of the directors who are elected for a specific number of years by the shareholders”. According to Wikipedia,” A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization”.

First of all, in Walmart, the Board of director is the most powerful governing authority who are responsible for setting the framework and management structure in general. It is committed to be operated in fairness and integrity in order to ensure the shareholders’ trust. Board of directors’ internal duty is to control mechanisms for good governance are adequate. This includes setting up legal existence, establishes company’s vision, key mission, strategic direction, selecting and appointing chief executives, governing the organization via policies and objectives to guide other agencies following up. All strategic decisions of the corporation would be raised and agreed by the board, such as hiring a CEO, approving to do a major financing or acquisition. Its primary responsibility is protecting shareholders’ asset as well as

The Board of Directors are in charge of determining the corporation’s leadership structure on an annual basis and determine if the board will be led by an independent Chairperson or an independent Lead Director. The board has decided that Ronald Sargent, the CEO of Staples, will remain and the Chairman of the board. The Board of Directors is broken down into five committees made up of around three or four board members. Each committee has there own responsibilities and are in charge of making critical decisions that they must assure is communicated properly throughout the entire company. This leadership structure assures that the Board of Directors has a proper balance of leadership roles that allows for a system that prevents any conflict of interests that may come from having the CEO serving on the board.

The board will help set strategies, direction, vision, hire/fire top management, monitor and supervise top management, oversee the use of resources, and care for shareholders' interests (Wheelen & Hunger, 2006, pp. 36-37).