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Corporate headquarters is a term used to describe the entity at the top of a corporation to take full responsibility for the overall success of the corporation, ensures Corporate Governance. Corporate headquarters are a key element of a corporate structure and cover different corporate functions such as strategic planning, corporate communications, tax, legal, marketing, finance, human resources and information techmology.[citation needed]
The corporate headquarters include: the CEO (Chief Executive Officer) as a key person and his support staff such as the CEO office and other CEO related functions; the "Corporate policy making" functions: Include all corporate functions necessary to steer the firm by defining and establishing corporate policie; the Corporate Services: Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners; the Interface: Reporting line and bi-directional link between corporate headquarters and business units.[citation needed]
The corporate services are often relocated into a separate legal entity called Shared Services Center.[citation needed]
See also
References
| This article includes a list of references, related reading or external links, but its sources remain unclear because it lacks inline citations. Please improve this article by introducing more precise citations where appropriate. (August 2009) |
- Wanner, Herbert (2006): "Global and regional corporate headquarters"; in: Kählin, Christian, H. (Editor): Switzerland Business & Investment Handbook; Orell Füssli and Wiley.
- Wanner, Herbert, LeClef Xavier, Shimizu, Hiroshi (2004): Global Headquarters on the Move: From Administrators to Facilitators. Prims Second Semester 2004; Arthur D. Little.
- Wanner, Herbert, Quirina, Mireille J. (2004): DuPont, Philip Morris, Hewlett-Packard & Co – "Wohin mit der Konzernzentrale" (Whereto with the Corporate Headquarters)?; in: Odenthal, Stefan and Wissel, Gerhard (Hrsg): Strategische Investments in Unternehmen: Wie Sie Werte schöpfen, Kunden binden und Risiken managen; Gabler Verlag. ISBN 340912313X
Notes
- ^ "Headquarters Location." Continental Airlines. Retrieved on December 7, 2008.
- ^ "Locations." KBR. Retrieved on August 7, 2009.
- ^ Eriksen, Helen. "Will KBR ditch its Houston headquarters for Katy suburbia?." Houston Chronicle. April 30, 2008. Retrieved on January 13, 2009.
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