This document discusses and compares the roles of chairman, CEO, board of directors, and general manager in a company. It notes that the chairman generally presides over board meetings but can also play an executive role. The CEO has responsibility for overall management under the board's supervision. The board of directors governs the organization and oversees the CEO. The general manager is responsible for effective planning and management to attain profit goals. It presents an example organizational chart showing the relationships between these roles.
3. 1 . Chairman
Generally the chairman is the the officer who presides over something
such as a committee , meeting or a board.
He is the highest officer of an organized group such as a
board, committee, or deliberative assembly. The chairman is often the
chairman of the board.
For example Mister Peter Brabeck- letmathe is the chairman of the
board of Nestl辿 Ltd .
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4. 2. CHIEF EXECUTIVE OFFICER
A chief executive officer or chief executive is the
highest-ranking corporate officer or administrator in
charge of total management of an organization.In short
he is the
most important director in charge of a company, the
head of the executive.
For example Mister Paul Bulcke is the CEO of NESTLE
Ltd
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5. 3.Board of the directors
A board of directors is a body of
elected or appointed members who
jointly oversee the activities of a
company or organization. It is generally
called the non executive board.
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6. 4. General manager
A General Manager has overall
responsibility for a business or
organization.
Most Commonly , the term general
manager refers to any executive who
has overall responsibility for managing
both the revenue and cost elements of a
company's income statement.
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7. II. THE DIFFERENCES
These differences will be shown through the roles and the
method of appointment of each level of authority.
-CHAIRMAN
He generally presides over the companys board
meetings.
But he can also play an executive role. In this case he is
called an executive chairman.
The person holding the office is typically elected or
appointed by the members of board of directors.
-CHIEF EXECUTIVE OFFICER
He has responsibility for overall management of company
day-to-day affairs under the supervision of a board of
directors.
He is appointed by the board of directors,
and report to it.
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8. -BOARD OF DIRECTORS
Typical duties of boards of directors include:
-Governing the organization by establishing broad
policies and objectives;
-Selecting, appointing, supporting and reviewing
the performance of the chief executive;
-Ensuring the availability of adequate financial
resources;
-Approving annual budgets;
-Accounting to the stakeholders for the
organization's performance.
-Setting their own salaries and compensation.
Its members are elected by the shareholders.
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9. GENERAL MANAGER
A General Manager has the power to
hire, fire, or promote employees.
In more, the general manager is responsible for
effective
planning, delegating, coordinating, staffing, orga
nizing, and decision making to attain desirable
profit making results for an organization.
He is the officer who makes sure that the
company is running efficiently.
He is also appointed.
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