Public Company Organizational Structure

A public company has a structured hierarchy with defined roles and responsibilities to ensure smooth operations and decision-making.

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1. Shareholders (Owners of the company)

• Role: Own shares of the company and have voting rights.
• Powers: Elect the Board of Directors, approve major decisions.

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2. Board of Directors (Oversight & Representation)

• Role: Represent shareholders and oversee the company's direction.
• Key Members:

  - Chairperson
  - Executive Directors
  - Independent Directors

• Powers: Hire/fire the CEO, approve major strategies, declare dividends, authorize buybacks.

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3. CEO (Chief Executive Officer) (Leadership & Strategy)

• Role: Leads company strategy and operations.
• Powers: Implements strategies, hires/fires the C-suite, makes company-wide decisions.

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4. C-Suite Executives (Top Management)

• Roles: Oversee execution within their domains, manage performance, allocate resources.
• Key Positions:

  - CFO (Chief Financial Officer)
  - COO (Chief Operating Officer)
  - CTO (Chief Technology Officer)
  - CMO (Chief Marketing Officer)
  - CHRO (Chief Human Resources Officer)
  - General Counsel (Legal Department)
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5. Managers (Middle Management)

• Role: Supervise operations & daily tasks.
• Key Positions:

  - Manager
  - Vice President
  - Senior Vice President
  - Director

• Powers: Execute plans, manage performance, allocate resources, assign tasks, ensure productivity.

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6. Employees (Operational Workforce)

• Role: Execute assigned tasks and contribute to business success.
• Powers: Job-specific responsibilities, contribute to team productivity.

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Summary:
- Shareholders own the company and elect the Board of Directors.
- The Board of Directors hires the CEO and approves major decisions.
- The CEO leads the company and manages the C-Suite Executives.
- The C-Suite oversees company functions, while Managers supervise daily operations.
- Employees execute tasks that drive company performance.