Since the ranks in the corporate sector are so wide so are the roles in the corporate sector. There are many kinds of roles, from big to small, in the corporate roles hierarchy. Different professional are hired by the company for these roles and they all possess knowledge of their concerned field. All these roles cannot be explained in this article so we have described the major roles in the hierarchy as below:
Management is the act of getting different professionals to work together for the purpose of achieving desirable goals by using the available resources in an ardent and effective way. This is the most important role in the hierarchy since management role incorporates organizing, planning, directing, staffing, leading and controlling the organization for the purpose of growth and profit of the company. The professional handling management must possess excellent management skills. The Managers nowadays are required to act & provide speedy responses to the environmental changes in order to achieve success in the business objectives.
The next role in the hierarchy is operational management, an area of managing, designing, overseeing, directing the entire process and cycle of production as well as redesigning of old business operations for better services. An efficient and expectant operational manager ensures efficient business operations using as few resources as possible. The role of operations manager is concerned with the management of that process which transforms input to profitable output for both company and customer satisfaction.
Finance plays a vital role in this hierarchy. Corporate finance is the area of finance dealing with monetary issues involved in the business and the decisions related to the finances of the company which can make profit or loss to the company if not taken with a proper planning. Corporate financial executives handle all sort of financial problems in the business.
This is another important role in the corporate role hierarchy. Every business is incomplete without this role. To promote the product, every company incorporates a marketing team to efficiently handle this task. This role basically revolves around the promotion of the product as well as the brand.
Human Resources Role
The next role in the hierarchy is human resources role. A professional HR is hired to fulfill this role in the company. He performs the task of recruitment, managing salaries of the staff etc. in the company.
Another important role in the hierarchy is sales role. Company’s profit or loss is mainly dependent on this role. If the product of the company is selling at good pace then the company is able to gain profit else company is bound to fall with a loss in the market.
In the growing corporate sector, every company needs technical support to enhance its growth and so technology plays a vital role in this hierarchy. Technical professionals are hired by the companies to satisfy this role.