What Is The Difference Between CEO, President And Chairman?

　　 Chairman , CEO , CEO The names of the three leaders are not only word games, but also the foundation of the enterprise management system, rather than the foundation of power. If power becomes a kind of enjoyment, even the title of the owner of power has become a kind of enjoyment, which is really terrible.

The chairman's English is Chairman (exactly Chairman of the Board), the president is President, and the chief executive is Chief Executive Officer, which is well known. But the media did not realize the three titles. Subtle differences He often translates President into chairman or CEO, and CEO is sometimes translated into chief executive. The situation is very confusing.

Chairman may be one of the earliest positions of modern company management, because it is the highest representative of shareholders' interests, and theoretically is the source of all the power of the company's management. Both President and CEO are appointed by Chairman. The board of directors can only be convened by Chairman. Non routine shareholders' meetings can only be convened by Chairman (or by shareholders' joint appealed to convene, depending on the articles of association). Since President and CEO are both appointed by Chairman, Chairman can also be relieved of their duties at any time in theory. Not only that, Chairman can release any person's duties at any time, except directors (Member of the Board) and supervisors (Member of Member), because directors and supervisors are not employees of the company, but the owners and arbitrators of the company. So we often see a CEO who has messed up a lot of things to be removed, but still retain his directorship. Even though he does not have many shares, benevolent shareholders often allow him to stay on board.

The board of directors is not an administrative body, but a legislative committee. This determines that there is no real relationship between directors and directors. A powerful Chairman may have real power to kill and kill. This power sometimes comes from most of the shares he owns, sometimes from his connections, sometimes from the prestige he accumulated in the early years, when the board is merely a puppet of Chairman, and President and CEO must really be accountable to him (not only in nominal terms), but also have the highest say in administrative matters. But most of the company's Chairman is just an honorary job. Even holding a board of directors is a requirement of President or CEO. But if President or CEO is too arrogant, so that most of the shareholders unanimously decide to launch a coup to get rid of him, Chairman is often the head of the coup.

The word "President" was born earlier than CEO and narrower than CEO. People who are called President, whether they are presidents, presidents, university presidents or committee chairmen, have certain power and social status, but CEO can be used by any chief executive. Anyone who has seen the brothers even remembers that the fighters of E even called the company commander "CEO", and the superiors of the company commander also called him "CEO of E company". For a group of cleaners, the group leader is CEO; for a polar expedition, the captain is CEO, which does not have any privileges and glory, but represents the highest executive power and the obligations associated with it. Think of the names and presidents of China's domestic presidents who are eager to abandon the appellation of President, and regard CEO as a symbol of status and status. {page_break}

Generally speaking, within the company, President is the real power holder; before the name of CEO was not born, President is almost the only person who has real power. The founders of a company often add two titles to Chairman and President at the same time, but the owners and managers of modern enterprises are not the same group of people. The excellent President often has only a few shares. A minority shareholder should not become Chairman.

In fact, most of the President in the west is the same thing with the general manager of China. The general manager can be translated into "President" or translated as "General Manager", but the latter is not a common position in western enterprises. But Chinese enterprises often set up president and general manager at the same time. If the president is translated into President, the general manager should translate CEO.President and CEO into western enterprises, especially in small and medium-sized enterprises. That is what we call "President and chief executive officer". You call him President or CEO. You can also call him "President" in ceremonial occasions.

In a few cases, the chairman, President and CEO are the same person. We call it chairman and CEO, or chairman and CEO. Most of the part-time jobs are owned by the founders of the company, and sometimes because of the company's traditional habits.

Since the functions of President and CEO are not essentially different, and often the same person, why do we need to separate these two duties? The answer is more complicated: first, because the administrative affairs of some big companies are too heavy, one's energy can not be managed in any way, there must be two top executives with equal status; sometimes, a company has two outstanding leaders at the same time, and it is necessary to arrange equal status for them, so President and CEO become two people.

Second, after the end of World War II, the executive power of major European and American companies has changed, and has evolved into two major executive powers and "daily enforcement powers". Major events such as major policies, major personnel appointments and relatively large-scale investments belong to the category of "major executive power", which is mastered by CEO. General policies, general personnel appointments and general scale investments belong to the category of "daily executive power", which is controlled by President. If CEO is prime minister, then President is the first deputy prime minister to master daily work. If these two posts do not belong to the same person, then CEO's status is slightly higher.

The highest executive power of a company is common in the hands of two people. Sometimes CEO has great advantages for the president, and sometimes the president is a dictatorial leader. Around 1999, Bill Gates appointed a new Microsoft Corp president, but he still retained the position of chairman and CEO. Many media reports said Gates was "Resigning" as president, but Gates actually separated the CEO of Microsoft Corp from CEO's two duties and gave the executive power to the president. {page_break}

Chairman, President and CEO, although the relationship between these three words is complex, we can still grasp its spiritual essence. To put it simply, Chairman is the highest representative of shareholders' interests in the company. It does not belong to the category of company employees. The power of President and CEO comes from him. Only he has the highest power to hold board of directors, recall President and CEO, but he never has administrative power. If a Chairman does not share President or CEO, it is just a ceremonial duty. A respected arbiter is generally a representative of a large shareholder.

President controls the daily executive power of a company, which can be translated into a president and a general manager. The title and title of President are higher than CEO, so it is often used in ceremonial occasions. Many times, President and CEO are the same person, whatever you call him; but in many big companies, President and CEO are two people. At this time, there are strict differences between "CEO" and "CEO". Sometimes they are equal in status. Sometimes CEO is the upper level of the president (the actual situation is very complicated, and must be analyzed one by one).

Sometimes President, like Chairman, has been reduced to an insignificant ceremonial position, but so far has never heard of CEO becoming a ceremonial position except in China. In China, countless managers have frantically added themselves to the CEO crown, thinking that this is the connection with the world, that is, they have the highest honor and status; they do not know that the word CEO has no hint of honor or status in the West.

CEO (Chief Executive Officer), the chief executive officer.

What is CEO (Chief Executive Officer)?

CEO (Chief Executive Officer), the chief executive, is the product of the reform and innovation of corporate governance in the US in 1960s. Because of the changing market, the speed and intensity of decision making are more important than ever before. The traditional "board decision making and executive management" system has been unable to meet the needs of decision-making. Moreover, the information transmission delay and communication barriers between the decision level and execution layer, and the increase of decision cost have seriously affected the managers' quick response and execution ability to major decisions. The most important thing to solve this problem is to let managers have more decision-making power, so that managers can be more responsible for their decisions and responsibility for their actions. CEO is the product of such change. In a sense, CEO represents the transfer of some decision-making power in the original board of directors to the management level.

CEO and general manager are both "heads of enterprises" in form. CEO is both the chief executive and the spokesperson of shareholders' rights. In most cases, CEO appears as a member of the board of directors. The general manager is not necessarily a member of the board. In this sense, CEO represents the enterprise and is responsible for the operation of the enterprise.

Because there is no similar superior supervisor and from all sides in foreign countries, the authority of CEO is more absolute than that of the general managers in China, but they will never interfere with the specific affairs of the company as much as the general manager. After CEO makes the overall decision, the specific executive power will be delegated. So some people say that CEO is like 50% of China's board of directors plus 50% of the general manager.

Generally speaking, the main responsibilities of CEO include three aspects: (1) making decisions on all important affairs and personnel appointments and dismissals of the company; after making decisions, power is delegated to specific supervisors; CEO has little intervention; second, create an enterprise culture that encourages employees to serve the company; third, promote the overall image of the company.