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Directors have varying responsibilities depending on the company and its business. Marketing directors create new ways to present the company, while sales directors oversee all sales activities. CFOs manage financial resources, while managing and executive directors oversee all aspects of the organization.
Director positions vary and depend on different companies and the businesses they engage in. Their responsibilities range from managing specific departments to chairing all operations. Some different director positions include marketing, sales, finance, management, and executive.
Marketing director positions consist of creating new ways of presenting the company’s image to the public. This implies new advertising techniques and management of a marketing program. Directors analyze new business coming into the company and create a system to maximize revenue. Although he or she is not responsible for things like sales, a marketing director needs to be the liaison between the department and prospective customers.
A director of sales, on the other hand, is responsible for all sales activities going in and out of the company. He or she provides guidance to the sales department and analyzes performance charts to find the strengths and weaknesses of a specific strategy. A director of sales has the responsibility of hiring or firing sales people and presiding over day-to-day operations. When a new business prospect comes along, it’s your job to coordinate with the other departments to make the most of the opportunity. Most importantly, the task of meeting sales targets falls on your shoulders.
CFO positions include managing the financial resources of a company or organization in relation to the plan established by the trustee. He or she keeps a record of the budget and all assets influence its form. In larger companies, the chief financial officer presides over the treasurer, appraiser, accountant, and collector. One of his main duties is to train finance managers and ensure that they are working according to the administrator’s plan. His other duties include composing revenue projections and formulating the annual budget.
A managing director has a much broader scope of duties and his position varies from company to company. He or she may be responsible for a specific line of business and be one of several managing directors in the organization, or he or she may chair all the different departments. Your main task is to meet with the board of directors and assess what improvements can be made to the company. When a plan is put into action, your role is to ensure that it is being implemented properly and is progressing in the right direction.
Like the managing director, executive director positions involve overseeing all assets occurring in the organization. Your responsibilities include some of the most crucial components of running a successful business. He or she is responsible for improving the operation’s infrastructure and optimizing program efficiency. Ensuring that finances are being managed properly and that staff are doing their jobs is also an important task. Executive directors also form partnerships with other organizations and maintain external communication.
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