Company President: Who Needs It and What Should He Do?

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maksudasm
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Company President: Who Needs It and What Should He Do?

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Who is this? The president of the company is a representative of the top management and has powers similar to those of the general director (CEO). Often these two positions perform the same work, that is, in one company the CEO may be the main one, in another - the president.

What to pay attention to? There are situations when, in the presence of a CEO, it is necessary to introduce the position of president. In this case, it will be necessary to carry out a number of measures. There will also be some peculiarities in the termination of the employment contract with the manager.



The article explains:

The essence of the work car owner database of the company president
Rights and responsibilities of the company president
The nuances of concluding and terminating an employment contract with the company president
Is it possible to have two positions - CEO and President in a company?
Introducing the position of president without changing the company's charter
Reasons for dismissal of the company president
Duties and responsibilities of the vice president of the company

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The essence of the work of the company president
The president is the leader of the company. He usually occupies the top position in the management hierarchy of the organization. His main powers are:

He is the head of the top management of the organization.

Coordinates the work of all divisions of the company's organizational structure.

He controls financial assets.

Determines the personnel policy of the management apparatus at all levels.

Has the right to veto any initiative of the organization's managers.

Depending on the type of management in the company, the post of president occupies a certain place in the hierarchy. There are several standard forms of company management. Below are some of them. From the lower level to the upper one, the powers increase.

The essence of the work of the company president

Option 1:

General meeting of shareholders or founders.

Supervisory Board.

The personalized executive body of the organization is the president of the company, the general director.

The collegial direct management center is a group of senior managers.

Option 2:

General meeting of shareholders or founders.

Supervisory Board.

The personalized executive body of the organization is the president of the company, the general director.

Option 3:

General meeting of shareholders or founders.

The personalized executive body of the organization is the president of the company, the general director.

The collegial direct management center is a group of senior managers.

Option 4:

General meeting of shareholders or founders.

The personalized executive body of the organization is the president of the company, the general director.

All versions of the pyramid of management of the organization provide for the presence of a sole executive body (president, CEO) at one of the levels. Depending on the administrative structure of the company, its functions vary slightly, but in general they remain similar in any organization where this position has been introduced.

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