Define the corporate structure

Study different company structures and define the one that best represents the interest and goals of the company. Decide among horizontal, functional, or product structures, and managerial independency in the case of multinationals.

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skill/competence

cross-sector

Define the corporate structure is an essential skill of the following occupations:

Corporate social responsibility manager: Corporate social responsibility managers monitor the practices of organisations and companies with regard to ethics and impact on the larger community. They advise on social responsibility and sustainability matters depending on the company’s needs. Corporate social responsibility managers promote actions that are environmentally conscious, philanthropic or related to human rights.

Define the corporate structure is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.

Chief executive officer: Chief executive officers hold the highest ranking in a pyramidal corporate structure. They are able to hold a complete idea of the functioning of the business, its departments, risks, and stakeholders. They analyse different kinds of information and create links among them for decision-making purposes. They serve as a  communication link with the board of directors for reporting and implementation of the overall strategy.
Chief operating officer: Chief operating officers are the right hand and second in command of a company’s chief executive officer. They ensure that the daily operations of the company run smoothly. Chief operating officers also develop company policies, rules and goals.

References

1. Define the corporate structure – ESCO