O & H Circular Enterprises Limited Company organizational Chart Top Management Positions Chief Executive Officer (CEO) – This individual will be the driving force behind the company; the CEO (Otto Max Hoffmann) is involved with the planning, coordination and execution of tasks by putting together the resources to support the company and take the product to the market place. Chief Operating Officer (COO) or General Manager – This individual is responsible of the company operations to flow smoothly and economically. This includes that any necessary work is done properly and on time. Marketing Manager – The individual in this position must have both marketing and industry experience. Chief Financial Officer (CFO) or Controller – This position combines two roles into one. The responsibility of one role is to seek cash; …show more content…
Because some personnel will undertake several positions, below is a description of the duties and responsibilities of each of the positions. As the business grows more staff personnel will be hired. Key personnel of O & H Circular Enterprises Limited and their duties include: Operations manager – This individual is the leader for the operation and has overall responsibility for the financial success of the company. The operations manager manages external relations with various entities such as lenders, community leaders, vendors and etc. This individual also is in charge of either production or marketing for the company. Quality control, safety, environmental manager – This is an important function. The individual will be responsible for and overseeing that the operations are in adherence with the Tanzanian laws and regulations as well as international standards, such as monitoring air and water quality, product quality, training of employees in each of these areas and filing all necessary monthly, quarterly and annually
The Chief Executive Officer is responsible for the development of the budget, goals, objectives, policies, procedures, performance and the strategic plan. The CEO presents this information at the quarterly meeting for review and approval by The Board of Directors. The CEO is also responsible for negotiating and executing all contracts and agreements between Crossroads and the property owners, payers, and referral sources (Policy & Procedures Binder 1, 2013).
The title “corporate officer” suggests a position of power and influence regarding the operation and financial implications of a company, whereas supervisor implies a position of low-level management with limited responsibilities and less involvement in the company overall. Additionally, the term “corporate” suggests liability is only meant to be imposed on those in private employment agencies. A supervisor typically watches over other low-level employees and completes menial tasks and may be a member of a public agency, whereas a corporate officer is involved in influential company decisions and is typically a part of a private company. A “corporate officer” usually holds the position of president, chief executive officer, or even owner of
2. Are the roles of the chairperson and chief executive officer (CEO) exercised by different individuals? This clear division of responsibility would help to counterbalance the power and influence of the CEO in the decision making of the company’s directors. Furthermore, this would enhance the supporting role that may be assumed by the chairman in being the CEO’s confidante.
The Chief Executive Officer is the senior manager who is responsible for overseeing the activities of an entire company. The CEO usually also holds a position on the board of directors, or also holds the title of president. All CEO's of publicly traded companies have a base salary of at least one million dollars. Plus they receive bonuses for their performance each year. A CEO flourishes when the company is doing well and should take a hit when the company is going down hill. These CEO's hold a large portion of the stock and that is why we have started seeing corporate scandals come about after the market has gone down. Employees of these companies receive stock options that are either put toward their retirement plan or taken from their salary (Swedberg). Corporate scandals have started to occur because of public companies and their greed for more capital by deceit and conflicts of interest.
Chief Executive Officer (CEO): CEO is ultimately responsible for ERM priorities, strategies and polices. CEO also needs to ensure ERM implementation is strategy-setting.
In a typical corporation there are two divisions, Treasurer’s and Controllers offices that manage the finance function. The Treasurer’s Office is responsible for managing the firm’s cash and credit, its financial planning, and its capital expenditures. The
449). Secondly, the Chief Executive Officer is an organizational leader following standards of conducts that refer “the officer reasonably believes to be in the corporation’s best interest” (Thompson, 2008, p. 17). A strong leader can only lead when that leader knows what direction they are going. For example, one activity for distributing from centralized leadership is “a structural layer that forms the overall frame and direction for knowledge creation in the organization”; therefore, knowledge of proper management skills is important (Jain & Jeppesen, 2013, p. 349). To overcome a leaderless organization an employee or manager can take initiative by setting department goals that include a mission and a vision. Then, strategically formulate organizational goals that support the corporation’s best interests. All in all, an organizations department management team can create a strategic management process per department that supports the organizations best interest.
A chief executive officer (CEO) is the head of the company that ultimately finalizes all decisions for a company. He or she is in charge of every decision that is made. The CEO only reports to one body, which is the board of directors (BOD). The TJX companies CEO is Ernie Herrman. The TJX Companies trace back to 1919 when they were Marmaxx, and now they have 3600 hundred store in 9 different countries on 3 different continents. They have stores by different names, the ones that are located in the USA are: Marshalls, TJMaxx, Home Goods, and Sierra Trading Post. This is a discount retail company that buys their product from other brand, designers, stores, or manufacturers in bulk or out of season merchandise. Their company is growing every day. They opened the Home Goods and Sierra Trading Post, which is based online, stores only a few years back and that is when the company name switched from Marmaxx to TJX Companies.
The CFO or chief financial officer oversees three directors: a human resource director, senior director or controller, director of accounting, and all receptions. He or she is basically over day to day operations on the business side of the business; handling finical problems paying bills and overseeing the employees of the company. Another depart that helps and is on the same operational side of the franchise is the Operations and Information department. Which is ran by a vice president, that oversees; technology, operations, risk management, and has a staff accountant.
Chief executive develops strategies and help in the decision making process for their corporations. They also promote overall growth of the corporations. This
A chief technology officer (CTO), sometimes known as a chief technical officer, is an executive-level position in a company or other entity whose occupant is focused on scientific and technological issues
The Chief Operations Officer (COO) and the Chief Executive Officer (CEO) are the responsible individuals, which must make the appropriate decisions in order to protect the company’s wealth. As the COO, responsibilities include supervision of the three different product lines that
The chief financial officer (CFO) is responsible for overseeing financial planning, corporate strategic planning, and controlling the firm's cash flow.
The production department is responsible to turning the input into the output finished goods. The manager is responsible to make sure that the raw material are provide and done into finished good accurately and make sure that work is carry out effectively
The Chief Executive Officer (CEO) of FAM reports to the Executive Members. The CEO responsibilities include among others: