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Depending on the area of the world a Managing Director (MD) is the equivalent of the Chief Executive Officer or President. The former responsibilities encompass strategic decisions, ie the direction of the company, the big picture. As the latter they would be focused on the tactics, ie the day to day operations.

In either case the ability to understand company financials, manage people, general business acumen and the ability to make decisions are crucial skills.

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What skills does a managing director need?

Stategic management skills , influencing skills , financial awareness and deep knowlege of their specific industry or profession.


What is a duties for managing director's secretary?

The duties of a managing director's secretary typically include managing the executive's schedule, coordinating meetings, and handling correspondence. They also prepare reports, maintain records, and assist with project management tasks. Additionally, they may serve as a liaison between the managing director and other staff or external stakeholders, ensuring effective communication and organization. Strong organizational and communication skills are essential for this role.


What is a female managing director called as?

A female managing director is typically referred to simply as a "managing director," as the title is gender-neutral. In some contexts, she may also be informally referred to as a "female managing director" or "woman managing director" to emphasize her gender, but this is not necessary in formal usage. The focus is primarily on the role rather than the gender of the individual holding it.


What are the duties of a deputy managing director?

The Deputy Managing Director reports directly to the Managing Director and is empowered by the Managing Director to manage the day-to-day overall operational activities. The Deputy Managing Director ensures cost control activities; monitors revenues and expenditures in assigned area to assure sound financial control; assures effective and efficient use of budgeted funds, materials, facilities and time.


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.

Related Questions

Skills needed to be a band director?

G


What skills does a managing director need?

Stategic management skills , influencing skills , financial awareness and deep knowlege of their specific industry or profession.


What is the role of a managing director?

The role of a Managing director is to manage the whole corporation and direct the organisation to meet the over aims and objectives.The skills needed:effective communicationexcellent leadership and managementable to interact with anyonehave critical thinkinggood with problem solvingEducation wise;should have a masters or bachelor's degree in business studies or business administration.The age of the managing director can change in the future, but far more experience and as technology is coming apart of organisations therefore the managing directors will need to have more skills using technology like ICT equipment, camera meetings and better leaderships skills as the managing director will of gained them.


How do you spell managing director?

Managing director is correct.


Abbreviation for the word Managing used as in Managing Director?

MD for managing director.


Does executive director outrank Managing director?

No


When was Daniel Bernard a managing director at Metro?

1981-1992, managing director of Metro France


What is a duties for managing director's secretary?

The duties of a managing director's secretary typically include managing the executive's schedule, coordinating meetings, and handling correspondence. They also prepare reports, maintain records, and assist with project management tasks. Additionally, they may serve as a liaison between the managing director and other staff or external stakeholders, ensuring effective communication and organization. Strong organizational and communication skills are essential for this role.


What is a female managing director called as?

A female managing director is typically referred to simply as a "managing director," as the title is gender-neutral. In some contexts, she may also be informally referred to as a "female managing director" or "woman managing director" to emphasize her gender, but this is not necessary in formal usage. The focus is primarily on the role rather than the gender of the individual holding it.


When was Charles Bell managing director for McDonald's Australia?

1993-1999, managing director of McDonald's Australia


What is the different 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.


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.

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