A corporate job can be defined as a job, in which the employees or the members of the organization are part of a multitier management structure. There are several departments in a corporate organization and each department has its own hierarchy of job titles.
In the corporate job structure, the junior employees or members report to their respective seniors so as to get their message on to the top or the executive team. Corporate jobs hierarchy is really essential for any corporate organization in order to perform all the job functions inside the organization in a much efficient manner. Let’s talk about the hierarchy structure that is prevalent in the corporate sectors.
The corporate structure is basically made up of four broad divisions:
- Board of Directors
- C-level executives
- Management
- Employees.
Board of Directors
The board of Directors oversees the all-round operations of a corporation. The Chairman of the board is at the highest position in the corporate board of directors. The members of the board of directors are accountable for organizing various meetings with the shareholders of the company. They set up the various strategies and future plans to be implemented, to enhance the growth rate of the business organization.
The board of director’s deal with the emerging issues in the company related to the aspects such as the corporate social responsibility, corporate governance and the business ethics.
C-Level Executives
C-level is used to denote the high ranking officials in an organization, below the board of directors. The C-level officers include various job titles such as:
Chief executive officer (CEO): The chief executive officer is the most important spokesperson of the company and directly reports to the chairman of the board of directors.
Chief compliance officer (CCO): The CCO manages the compliance issues within the business organization. The CCO ensures that the activities of all the employees of the organization are in accordance with the policies and procedures of the organization.
Chief information officer (CIO): The CIO is associated with the various information technology issues of the organization.
Chief financial officer (CFO): The CFO manages the financial operations of the company.
Chief knowledge officer (CKO): The CKO is responsible for effective knowledge management within the organization. The officer ensures of the best customer relationships for the effective growth of the company.
Chief security officer (CSO): The CSO is responsible for managing the security aspects of the business organization. S/he develops and formulates various disaster recovery strategies.
Management
The management officers are next to the C-level executives in the corporate jobs hierarchy. There are specific management officers for specific departments and they oversee the various day to day operations of the business organization. They include the vice-presidents, directors and the managers.
Employees
Employees are present at the last position of the corporate jobs hierarchy. Their role and responsibilities is vital for the proper functioning of the company. This class consists of team leaders, who lead a team or a group of workers for attaining a common goal.