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Executive director

 

 
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Executive director
 
 
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An executive director is the senior manager
General manager

General Manager or GM for short is a descriptive term for certain corporate officers in a business operation. It is also a formal title held by some business executives, most commonly in the hospitality industry....
 or executive officer
Executive officer

While executive officer literally refers to a person responsible for the performance of duties involved in running an organization, the exact meaning of the role is variable, depending on the organization....
 of an organization
Organization

An organization is a social arrangement which pursues collective goals, which controls its own performance, and which has a boundary separating it from its environment....
, company, or corporation
Corporation

A corporation is a legal entity separate from the persons that form it. It is a legal entity owned by individual stockholders. In British tradition it is the term designating a body corporate, where it can be either a corporation sole or a corporation aggregate ....
. The position is comparable to a chief executive officer
Chief executive officer

A chief executive officer or chief executive is typically the highest-ranking Corporate title or Administration in charge of total management of a corporation, company, non-profit organization, or government agency, reporting to the board of directors....
 (CEO) or managing director
Managing director

Managing director is the term used for the chief executive of many limited company in the United Kingdom, Commonwealth of Nations and some other English speaking countries....
. An executive director is usually remunerated
Remuneration

Remuneration is pay or salary, typically a monetary payment for services rendered, as in an employment. Usage of the word is considered formal....
 for his or her work.

Senior employees of North America
North America

North America is the northern continent of the Americas, situated in the Earth's northern hemisphere and almost totally in the western hemisphere....
n non-profit organization
Non-profit organization

A nonprofit organization is any organization that does not aim to make a profit, and which is not a public body....
s are usually called the Executive Director instead of Chief Executive Officer, in order to avoid the business connotation
Connotation

Connotation is a Subjectivity culture and/or emotional coloration in addition to the explicit or denotation Meaning of any specific word or phrase in a...
s which the latter name evokes. Small groups and membership organizations may use the term executive secretary.






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Encyclopedia


An executive director is the senior manager
General manager

General Manager or GM for short is a descriptive term for certain corporate officers in a business operation. It is also a formal title held by some business executives, most commonly in the hospitality industry....
 or executive officer
Executive officer

While executive officer literally refers to a person responsible for the performance of duties involved in running an organization, the exact meaning of the role is variable, depending on the organization....
 of an organization
Organization

An organization is a social arrangement which pursues collective goals, which controls its own performance, and which has a boundary separating it from its environment....
, company, or corporation
Corporation

A corporation is a legal entity separate from the persons that form it. It is a legal entity owned by individual stockholders. In British tradition it is the term designating a body corporate, where it can be either a corporation sole or a corporation aggregate ....
. The position is comparable to a chief executive officer
Chief executive officer

A chief executive officer or chief executive is typically the highest-ranking Corporate title or Administration in charge of total management of a corporation, company, non-profit organization, or government agency, reporting to the board of directors....
 (CEO) or managing director
Managing director

Managing director is the term used for the chief executive of many limited company in the United Kingdom, Commonwealth of Nations and some other English speaking countries....
. An executive director is usually remunerated
Remuneration

Remuneration is pay or salary, typically a monetary payment for services rendered, as in an employment. Usage of the word is considered formal....
 for his or her work.

Senior employees of North America
North America

North America is the northern continent of the Americas, situated in the Earth's northern hemisphere and almost totally in the western hemisphere....
n non-profit organization
Non-profit organization

A nonprofit organization is any organization that does not aim to make a profit, and which is not a public body....
s are usually called the Executive Director instead of Chief Executive Officer, in order to avoid the business connotation
Connotation

Connotation is a Subjectivity culture and/or emotional coloration in addition to the explicit or denotation Meaning of any specific word or phrase in a...
s which the latter name evokes. Small groups and membership organizations may use the term executive secretary. It also distinguishes them from other members of the board of directors
Board of directors

A board of directors is a body of elected or appointed persons who jointly oversee the activities of a company or organization. The body sometimes has a different name, such as board of trustees, board of governors, board of managers, or executive board....
 (who are not remunerated for their roles) and from non-executive director
Non-executive director

A non-executive director or outside director is a member of the board of directors of a company who does not form part of the executive management team....
s, who are not actively involved in running the corporation. Charities
Charitable organization

The definition of charitable organization, and of charity, varies according to the country and in some instances the region of the country in which the charitable organization operates....
 in England and Wales
England and Wales

England and Wales is a legal unit within the United Kingdom. It consists of England and Wales, two of the four countries of the United Kingdom....
 tend to call the senior employee director, as the governing body is usually a board of trustees.

The role of the executive director is to design, develop and implement strategic plans for their organization in a cost-effective and time-efficient manner. The executive director is also responsible for the day-to-day operation of the organization, including managing committees and staff and developing business plans in collaboration with the board for the future of the organization. In essence, the board grants the executive director the authority to run the organization. The executive director is accountable to the president of the board and reports to the board on a regular basis - quarterly, semiannually, or annually. The board may offer suggestions and ideas about how to improve the organization, but the executive director decides whether or not, and how, to implement these ideas.

The executive director is a leadership role for an organization and often fulfills a motivational role in addition to office-based work. Executive directors motivate and mentor members, volunteers, and staff, and may chair meetings. The executive director leads the organization and develops its organizational culture.

As the title suggests, the executive director needs to be informed of everything that goes on in the organization. This includes staff, membership, budget, company assets, and all other company resources, to help make the best use of them and raise the organization's profitability and profile.