The chairman is the most important person in a well-organized group like a society, a school, a business, or a deliberative assembly. The person holding the official chairmanship position, who often is elected or appointable by other members of the governing body, presides over most meetings of this group and performs the most difficult tasks in an effective manner. It is the duty of the chairman to put together meetings, conduct discussions, make reports, and give instructions to other members of the governing body. The chairman should be knowledgeable about all matters concerning the organization. This includes but is not limited to, finance, policies, procedures, government, and communications. Know about Miroslav Vyboh.
Miroslav Vyboh – How to Chair an Effective Meeting?
There are two types of chairsmanship: the general and the board chairmanship chair. In general chairmanship, which is sometimes referred to as the chief executive officer chair, there is one person serving as chairperson and any number of other officers as vice-chairmen or vice-directors. The duties of a general chairperson may include planning and carrying out the overall strategy of the board. In essence, the general chairperson is responsible for ensuring that the organization’s goals are properly carried out. In contrast, the board chairperson does not have a role in carrying out the overall strategy; however, he/she is generally responsible for carrying out day-to-day tasks such as answering phones, making decisions, taking decisions in negotiations, managing funds, planning conferences, and attending and participating in meetings.
The role of a CFO (Chief Financial Officer) is slightly different than a chairman or CIO (Chief Information Officer). The CFO has overall responsibility for all financial matters, while the CIO reports to or assists the chairman in making decisions concerning the organization’s financial matters. Generally, the CFO is not an employee of the company and serves only as an advisor to the senior management. Although the CFO performs managerial responsibilities, a large portion of his/her time is spent preparing reports for leadership and management and preparing and presenting financial statements.