Corporations have Executive Board and Supervisory Board
Supervisory Board
More for looking at operations from shareholder and society's point of view. May have one or more people from the Board of Directors of Executive Board. Usually the Chairman.
Executive Board
Chairman and CEO - Chief Administrator
President - Ceremonial Head (May be combined with COO sometimes)
Chief Operating Officer (COO) - Operations Head (Like Managing Directors in UK)
-------Executive Vice President/Vice Chairman division head
---------VP
-----------Director
-------------Staff Manager
----------------Engineers/Senior Engineers/Staff Engineers
Executive Board also has a Board of Directors which provide direction to the company.
These may be Chairman, CEO, President, COO and some EVPs
Management operates through various functions, often classified as (POLC)
Planning,
Organizing,
Leading/Motivating
and
Controlling.
Planning: deciding what needs to happen in the future (today, next week, next month, next year, over the next five years, etc.) and generating plans for action.
Organizing: making optimum use of the resources required to enable the successful carrying out of plans.
Leading/Motivating: exhibiting skills in these areas for getting others to play an effective part in achieving plans.
Controlling: monitoring — checking progress against plans, which may need modification based on feedback.
