In any particular company, a management hierarchy is very essential because with the help of a well drafted hierarchy of workforce, it is being possible to effectively evaluate the company strategies, plan the actions to be taken in order to reach the business goals and to divide the organizational functions among the workforce effectively. In general, most of the middle scale and the top scale companies are comprised of three broad levels of hierarchy known as the first-line management, middle management and the top management. To emerge as a successful organization, there should be a good coordination between all the above levels of management. In this particular article, we will discuss in details about the various job positions that are in line, in the company management hierarchy:
- Top Management
- Middle Level Management
- First Line Management
Also called as the executive level, the top management guides the overall functions of a business. The top management includes positions such as Chairman, Vice-President, Board of Directors and the Chief Executive Officer.
Chairman: A chairman is the highest rank holder in a company. A chairman acts as a representative of the company to the outside world.
Vice-President: The responsibilities of a vice-president vary as per the size of the organization and the specific area of expertise of the professional. Generally, they account for organizing the meeting of the board members and develop reports on the accomplishments of the business organization.
Board of Directors: The Board of Directors is a group of stakeholders and they are the main decision makers of the organization. They choose the chief executive officer. They also review the various on-going activities of the company at regular intervals of time.
Chief Executive Officer: A chief executive officer (CEO) undertakes the most important activities of the organization. In some mid-range companies, the chief executive officer is the highest position. The CEO reports to the board of directors regarding the various functions of the organization.
General Manager: A general manager is the top tier officer of the middle management of the company management hierarchy. A general manager undertakes job functions relating to different sections such as sales and marketing, client relations, operation management, financial management and team management etc.
Regional Manager: The regional manager is responsible for managing the business of a particular region. The manager develops detailed sales plans and strategies, develops promotional strategies for the products and reports to the general manager.
Supervisor: A supervisor is at the highest rank of a first-line management. They act as a communicator between the first-line employees and the middle management of the company management hierarchy. They supervise all the essential aspects of a project.
Office Manager: Office managers coordinate the various operations performed by the employees of the corporation. They also undertake the payroll duties of the company.
Team Leader: A team leader is responsible for the successful coordination between the employees. Team leaders play a very vital role because they are associated with the grass root level of the organization.