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A Managing Director is undoubtedly the highest ranking officer and is a link between the administration and the board of directors. He is the ship of the captain who has to take vital decisions at crucial times. He has many roles to play and is usually involved with day to day operations of the organization. Ultimately, though he has to listen to the advice of the board of directors as they work for the interests of the shareholders.
Executive Director (not generic ones) have clearly demarcated roles and responsibilities, and if, in an organization, there are both MD and ED it is MD who holds the reigns of the organization with specified role for the Executive Director. An MD is above an ED and can fire him from his job.
Those who work in a large organization or are aware of structuring of posts in an organization know about various types of directors. Usually directors are known by what they do rather than their job title and there are scores of directors in any large organization. There are Director (planning), Director (personnel), Director (finance) and so on. Directors are classified as executive and non executive in most organizations. Managing Director is a post that signifies the highest ranking officer in an organization. This article tries to differentiate between the two posts, Executive Director and Managing Director that are commonly found in organizations these days
In some organizations where there is no MD or CEO, the executive director is the boss and the head of all employees. There remains confusion in the minds of inclusion of both words executive as well as director in the title. It has to be understood that the executive director has nothing to do with the board of directors and is more of a CEO or chief executive of an organization. In fact, ED reports to the board of directors on a daily basis
Executive Director vs Managing Director
Those who work in a large organization or are aware of structuring of posts in an organization know about various types of directors. Usually directors are known by what they do rather than their job title and there are scores of directors in any large organization. There are Director (planning), Director (personnel), Director (finance) and so on. Directors are classified as executive and non executive in most organizations. Managing Director is a post that signifies the highest ranking officer in an organization. This article tries to differentiate between the two posts, Executive Director and Managing Director that are commonly found in organizations these days.
A Managing Director is undoubtedly the highest ranking officer and is a link between the administration and the board of directors. He is the ship of the captain who has to take vital decisions at crucial times. He has many roles to play and is usually involved with day to day operations of the organization. Ultimately, though he has to listen to the advice of the board of directors as they work for the interests of the shareholders.
Executive Director (not generic ones) have clearly demarcated roles and responsibilities, and if, in an organization, there are both MD and ED it is MD who holds the reigns of the organization with specified role for the Executive Director. An MD is above an ED and can fire him from his job.
In some organizations where there is no MD or CEO, the executive director is the boss and the head of all employees. There remains confusion in the minds of inclusion of both words executive as well as director in the title. It has to be understood that the executive director has nothing to do with the board of directors and is more of a CEO or chief executive of an organization. In fact, ED reports to the board of directors on a daily basis.
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Managing Director candidate of the Board of Directors and is often one of the investors in some companies just do not have anything to work agreement (employment contract) and this position is greater than the Director-General.
Is the highest executive Contact Person is responsible for the institution's activities in general and coordination among the members of the Board of Directors and coordination between the various departments of the various administrative and Almstuijat and various branches of the company, which is the only Contact Person for the success or failure of the enterprise. And a basic Almsalaaat him is to maintain the company's policy and its implementation were also members of the Board of Directors.
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