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What is the difference between Chief executive officer and managing director?
Wiki User
∙ 14y ago
The difference is that a CEO is a mere employee of the Company while the MD is a Director of the Company and must assume the role and duties of a Director as laid down in Legislation. The MD must sit on the Board of a Company while a CEO may sit on the Board.
Wiki User
∙ 14y ago
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Difference between an executive director and non-executive director?
There are two broad types of company director: * Executive director, and; * Non-executive director; The chief executive officer has the overall, primary management and leadership role in the organisation. Therefore, the CEO must have extensive knowledge and skills in a wide variety of areas A non-executive'srole is less hands-on. A non-executive director may have less experience and less knowledge than an executive. However, the benefit here is that a non-executive can bring objectivity and an external awareness to the board. Non-executive directors are not usually involved with day-to-day management, however, the smaller the company, the more likely it is that there will be some hands-on work. The non-executive's role is an over-viewer and whistle blower, ensuring adherence to good practice, respect for the interests of other stakeholders and adherence to the process of boardroom discipline. Non-executives are often thought of as "advisers" although this is not the case. The role is larger than this - the non-exec is a director and shares the legal duties and responsibilities of the executive directors. As far as corporate governance is concerned, non-executives are usually associated with Independence and may be self employed.
What is the Difference between managing director and director?
A Managing Director is more senior but the exact difference depends on what job role you're looking at. Generally a Director will be a senior Head of Department with line management and strategy responsibilities. Smaller support departments (ex: PR, Compliance or HR) will be led by a Director, larger more commercial departments (ex: Sales) will have several Directors reporting into a Managing Director. Generally Managing Directors are the people who get to make all the important decisions about budgets and the future direction of the business. Both job roles can commit the business (sign contracts on behalf of Citibank) but there will be rules in place stating that contracts over a certain size have to be referred to a MD.
What is the difference between corp officer and corp director?
In a corporation, an officer carries out day to day operations, while a director has overall responsibility for the business and answers to shareholders. Often, these functions are carried out by the same people.
What is the difference between strategic decision administrative decision and operational decision?
Strategic decisions are made by executive level managers. Operational decisions are made by line managers. Operational decisions can change from day-to-day.
Difference between human resource management and training and development?
Human resource management involves every aspect of the organization with regards to managing staff and personnel. The development and training of the staff is just one part of human resource management.
What is the difference between managing director and executive director?
A managing director supervises people. An executive director is involved in setting the strategy for the overall organization. They rank at the top in the organization.
Difference between a chairman and managing director?
Chairman is a head of a group of company's. but the Managing director is a head of a single organisation.
Difference between chief executive officer and managing director?
Managing director: The managing director is the head of the whole management team and a member of the board of a company; in other words, the managing director is a CEO only, but also has his own shares in the company and is also present in the board meetings. In other words, a director of the board. Chief Executive Director: The CEO is the biggest corporate officer or in other words, the head of the management team. he just controls the whole management and is the ultimate boss in the company after the board of directors and the chairman.
What is the difference between independent director and non executive director?
A non-executive director sits on the board of directors however is not considered to be an executive. They are not involved with day to day operations and decisions. In contrast, an independent director is a director who holds responsibilities and was brought in as a consultant from the outside.
Difference between Managing Director and General Manager?
MD - Managing Director is often what the lead partner business. In US, the head of a partnership is usually called the "General Partner" or "General Manager
Whati s the difference between MD and Chairman?
MD is Managing Director and Chairman is a man in chair
What is the difference between business development manager and marketing executive?
bpo manager is team leader for managing the team of bpo
What is the difference between managing reporting system and executive information system?
Management Information System
Difference between Managing director and manager?
In a company ,there r different departments.Each department is headed by one manager.To co ordinate n supervise the work of the departmental / functional managers a general manager post is usually created.The general manager is a manager .He is not a director.The managing director is the chief executive officer of the company .He looks after the day to day management of the business.He is one of the directors of the company n above the general manager.The general manager directly reports to the managing director n the managing director to the board of directors.Source(s):Business management,chapter span of management.
Difference between Managing director and Whole Time Director?
Managing Director means a director who by virtue of an agreement with the company or of a resolution passed by the company in general meeting or by its Board of Directors or by virtue of its memorandum or articles of association is entrusted with substantial powers of management which would not otherwise be exercisable by him. It includes a director occupying the position of managing director by whatever name called. Whole time director includes a director in the whole time employment of the company. A person who does not devote substantially the whole of his time to the company is not a whole time director. A whole time director is virtually a managing director though not so designated. A director in charge is also in the same position as a managing director. It has been held that a Managing director is a part of the company's Board of directors and not a servant of the company.
What is the difference between outside entity directors and non-executive directors?
An executive holds an operating position with the company and is paid a salary for doing so. Typically, a president or vice-president would be an executive director. Often, but not always, a chairman can be. Non-executive directors are typically referred to as "outside" directors, meaning they have no operating role with the firm.
What are the difference between a CEO and MD?
CEO and MD can be the Same Person, if the Company decides (small Co.) In a Big Corporation CEO (Chief Executive Officer) is at the Top and MD(Managing Director) is in a Lower Position, sometimes appointed by the Board of Directors, depending upon the Company Articles and MOA
