In a company, there are quite a number of terms that use foreign languages, one of which is chairman. Chairman is a word that refers to a person’s position in a certain hierarchy.
Each position in the company already has duties and responsibilities. However, all of these positions have the same ultimate goal, which is to increase the company’s revenue. The following will describe the chairman further. Curious? Let’s continue reading.
Definition of Chairman
If you review the Big Indonesian Dictionary or KBBI, the chairman is the chairman. If you want to explain further, then the meaning of chairman is someone whose position is the most senior in the board of directors of a company or organization.
In another sentence, it can be stated that the chairman is someone who has the highest position in the company who is nominated and is legally related to the board of directors of the company.
Therefore, this board of directors will be responsible for various statements that are the company’s efforts or strategies to improve its performance.
Chairman Job Description: Duties and Responsibilities
Because it is the highest position, chairman is not necessarily the right position to relax. It looks like a good job, only meetings and often do work outside the office. However, the chairman also has specific duties and responsibilities.
The duties and responsibilities of the chairman are as follows.
- Lead the company and can issue a number of policies for the good of the company
- Selecting, assigning and also supervising the duties of each employee as well as managers or department heads involved in the company
- Approve the company’s annual budget
- Delivering the activities and processes of the company’s performance to the shareholders
- Liability to third parties as well as the law has been determined for each type of company established such as Firms, Limited Partnerships and Limited Liability Companies.
Leader Type Chairman
1. Innovator Type
If you review the Big Indonesian Dictionary or KBBI, an innovator means a person who introduces new methods, ideas and other things.
Based on this understanding, it is certainly natural to say that an innovator has persistence considering that innovation is not only about a great idea, but also requires determination to make it happen.
An innovator will also be open to new possibilities, willing to take risks so he is also ready to make mistakes, full of curiosity and able to combine various previously unrelated things into something new and have added value.
This innovator type chairman is filled by many names, some of which are already well-known. Some of these names, for example, are Mark Zuckerberg, the founder and CEO of Facebook. Then there is Steve Jobs who is one of the founders of Apple.
Of course there are many other rows of names. Their leadership style may be different. But what they have in common is that innovation is created and leads to great asset generation.
2. Pioneer Type
Pioneers, in the Big Indonesian Dictionary or KBBI, are road pavers, road pioneers, pioneers and advocates. Generally, this pioneer has the following leadership style.
- Not selfish or selfless. They usually do not give exclusive rights to themselves and have the nature of always providing the best service
- Has the power of thinking further ahead and has no conventional value
- Take big decisions. Take, for example, Michael Dell who is the CEO of Dell Inc. The biggest decision he ever made was selling Dell products from one door to another
3. Motivator Type
In the Big Indonesian Dictionary or KBBI, a motivator is a person or a stimulant that results in the emergence of motivation in others to do something. In addition, motivator also means mover and impetus.
One example of this type of chairman is W. James McNerney, Jr. He is a CEO of The Boeing Company who was born in 1949 in Rhode Island. As a motivator, he exhibits the following leadership styles.
- Made a big decision by starting work at GE Asia which went global when he joined
- Has the main strength, one of which is the ability to expand the potential of human resources
- He is inspirational, inquisitive, and a very effective visionary
Difference Between Chairman, Director, Commissioner, President and CEO
People who are not in the company may find it difficult to distinguish between several terms that seem to mean the same thing. Some terms that are often referred to are chairman, director, commissioner, president and CEO.
All these terms actually have differences, and the differences between CEO, president, commissioner, director and chairman are as follows.
1. Chairman
The chairman, as previously mentioned, is someone who has the highest position in the company. In other words, the chairman is the technical director of the company. The chairman is the leader of the board of directors who is responsible for managing the company.
In addition to carrying out the tasks previously mentioned, a chairman also carries out special duties. Among them are representing managers, establishing good communication with senior executives and CEOs and formulating strategies for the company.
In addition, the chairman is also tasked with establishing good relations with the board of directors for the general public and shareholders, and at the same time maintaining the integrity of the company.
2. Director
While a director, this is a person who is appointed to hold the main responsibility of a company in the form of a Limited Liability Company or PT. This director may be the owner of the company or a professional assigned by the entrepreneur to run the company.
The director is a person who has the task of providing guidance through the provision of direction, assistance, advice, information and so on. In this regard, a director also has the following general duties.
- Implementing the company’s vision and mission
- Develop the company’s business strategy
- Evaluating the company
- Hold a meeting
- Appoint a person to lead the project or a division to help it
- Supervise business situation
3. Commissioner
Commissioner is a group of individuals who are appointed or elected to oversee the process of running activities within the company or organization. In other words, this commissioner can be called the supervisory board.
4. President
Presdir is an abbreviation of president director. There are companies that are managed and run by a manager, that person is called the president.
5. CEO
The Chief Executive Officer or commonly known as the CEO is basically also a high position in a company. The person who occupies this position is responsible for the stability of the company, or in other words, has the authority to run the company.
A CEO is responsible for the development and implementation of high-level strategies, administration of company operations, decision making in the company and is the central point of communication between operational managers and the board of directors.
However, the role of the CEO for each company is different depending on the size of the company. In a small-scale company, the CEO certainly has many roles in it. However, if the company is large, the CEO’s role is more related to general management and higher-level strategy.
In essence, chairman is a position that is only occupied by certain people. Those who occupy this position have big duties and responsibilities, especially leading the company so that it can achieve what it wants.
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