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Goldjobs Executive News Letters
January 2009
We here at Goldjobs would like to wish you all a Happy New Year.
Jonathan Taylor
Editor.
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Steve Mullins asks "Do people really appreciate the director's role?"
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This is one of a series of articles that explores the tasks and tensions inherent in the role of a company director, aimed at people outside the role who want to understand better
What does the Chairman actually do?
The key elements that make up the Chairman's responsibilities are: accountability to the shareholders and investors, maintaining the vision for the organisation, keeping the organisation true to its mission, maintaining the corporate objective and providing a point of reference and support for the non-executive directors.
Accountability
The Chairman is accountable to shareholders for the performance of the company, which is achieved by the Full Board working effectively together whilst ensuring that the contributions from the Non-executive Directors are properly integrated into the decision-making process.
A pivotal part of this function is the scrutiny and [if appropriate] audit of Board activities, with the capacity and authority to revisit decisions and recommend their amendment if appropriate.
Vision
All the Directors need to understand and have assimilated the vision for the organisation. They must also challenge if there is any uncertainty. By providing a clear goal that can stimulate the imagination, others can be taken on the corporate journey and readily contribute their support and commitment even in changing and difficult circumstances. This role will be supported by the non-executive directors.
Mission
The Mission Statement is written to answer the question "What is the purpose of this organisation?" in a form that that will withstand changes in market expectation, product range or external events.
A mission statement that 'is simply to make money' does not acknowledge the customer and does not give direction. This approach rarely leads to a sustainable company as it can be at the mercy of events outside the control of the organisation.
Organisations that waver from their mission risk a significant fall in customer confidence, market presence or share price.
Objective
Perhaps the most difficult of the responsibilities in that, by definition, there can only be one objective and that it needs to be quantified. For that reason it needs to be significant - what has been articulated elsewhere as the Big Hairy Audacious Goal (BEHAG), but quantified - not an aspiration
An example may be 'to become listed within a given number years'; such a statement is quite precise and the requirements are clearly specified. It becomes important that everyone knows the particular criteria and can see their part in reaching the stated goal. Given a clear objective and knowledge of position other members of the organisation can better make decisions and reduce executive time clarifying or ratifying decisions that can be made elsewhere in the organisation.
The Non-executives
The Chairman also acts as the point of reference for the senior Non-executive director guiding and managing the non-executive team to ensure their contributions are appropriate and timely; the individual roles of the non-executives are discussed later.
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Preventicum Health Screening
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The Check-Up includes up to two hours of consultations, blood and urine analysis, ECG, exercise test, spirometry, tonometry, audiometry, ultrasound examinations and a final results and lifestyle consultation with Medical Director Dr Garry Savin. Clients have their own private room with television and internet access and enjoy a nutritious lunch before leaving the clinic. Clients receive all results during a full consultation on the day and a full written report is posted within ten working days.
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£100K+ Benefits + Bonus + Car Allowance/South West
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To browse executive appointments visit our website by clicking on the logo below. To enquire about our advertising, research or network services telephone us on +44 208 879 3300.
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Why Join The Goldjobs Network
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Just 3 reasons:
1. Offers practical guidance and a strategy when you are exploring executive opportunities or want a general discussion about your career
2. An e-friendly or CV edit
3. Events and introductions
The Network is designed for the busy executive who wants to make an informed decision on their career. Visit www.goldjobs.com/network
The return on your investment is up to you!!
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Our sister site, Silverjobs features positions from £50,000 - £100,000
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Supply Chain Manager
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Please visit Silverjobs featuring roles commanding salaries of £50,000 and above.
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