Roles Of Different Types Of Directors

Firstly, the role of a director is important because they have to make sure they have someone that can manage all aspects of the company and they can make sure

This helps DRAKEN management and everyone within the company to have a sense of urgency about what needs to be done.

* Management and Control - According to law, day-to-day management of a corporation rests with the officers appointed by the board of directors, who are ultimately responsible for the management of the corporation. The board of directors is elected by the votes of the shareholders.

A. This is on or off the job in how we conduct ourselves. All manner shall be kept to the highest standards. We are a Christian base organization.

It is essential that the role, duties and responsibilities of directors are clearly defined. The Combined Code (2006) states that “the board’s role is to provide entrepreneurial leadership of the company within a framework of prudent and effective controls which enables risk to be assessed and managed”.

In large corporations the success or failure of the company is the responsibility of the board of directors. According to Richard DeGeorge, “The members of the board are responsible to the shareholders for the selection of honest, effective managers, and especially for the selection for the CEO and of the president of the corporation.” (p. 202). The board members have a moral responsibility to ensure the corporation is run honestly, in respect to its major policies, and to ensure the interests of the shareholders are satisfied. The next responsibility within a corporation is the responsibility management has to its board of directors. DeGeorge writes, “It must inform the board of its actions, the decisions it makes or the decisions to be made, the financial condition of the firm, its successes and failures, and the like.” (p. 202). The management of the corporation is morally obligated to

First of all, the role of a Director is important since they need to ensure they have somebody that can deal with any aspects of the business and they can ensure that they can deal with every one

Joshua Kennon (2007), stated that “The board of directors is the highest governing authority within the management structure at any publicly traded company and is usually made up of the directors who are elected for a specific number of years by the shareholders”. According to Wikipedia,” A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization”.

Managing Director (Business operations). He should responsible to make the approval to significant thoughts and innovation.

According Vermeulen, most new strategies are implemented. One of the chief reason for lack of implementation of these strategies is that ‘’ new strategies’’ are usually not strategies at all. A real strategy involves a clear set of choices which define what the organization is going to execute and those which isn’t going to execute. Therefore, most strategies are never put into actions despite the ample efforts of hard-working individuals since they doesn’t represent a set of clear choices (Vermeulen, 2017). To improve your strategy you must ensure that there is a clear communication of the strategy to the implementers who are the employees as well as all the people in the enterprise. Communicating your logic will be very important in answering some of the ‘’why’’ questions that your employees have. Answering such questions will help in persuading the employees that the new strategy is valuable. For effectiveness of the strategy, it should be issued from the top down and supported from the bottom up. This means that lower-level workers must be empowered so that they can think of their own initiatives to realize the

● It also has to do with making sure that the strategies they're implementing are being

First of all, the definition of a director should be confirmed before talking about the duties of director. In Section 9 of the corporations, director can be defined as a person who in accordance with whose instruction the board is accustomed to acting, that is, a shadow director. In Standard Chartered Bank of International Ltd v Antico (1995) 38 NSWLR 290 , the court found that Pioneer was a

Different levels of managers evaluate and make strategic decision from different aspects. They contribute to strategies establishment based on their own areas.

* Management needs to be transparent and make sure to communicate with employees, especially when the organizations is making

Management should be able to clearly distinguish between strategy and operation issues. They should focus on the corporate vision; Defining what the organization will look like in the future.