Large corporations and small family-run businesses may seem worlds apart. However, they do share a common thread: their destinies hinge on the person atop the hierarchy. Depending on the business’ size and structure, this individual can either be the Chief Executive Officer (CEO) or the owner of a company. A common misconception is that these two hats are similar and interchangeable.

What is the difference between a CEO and a managing director? These roles possess similarities, thus they are sometimes interchanged. But, they have crucial differences that should be understood. In large companies, managing directors are typically responsible for a single business unit, while CEOs oversee operations across multiple divisions. To ease confusion, this article breaks down the differences between a managing director and a CEO.

The CEO and COO are top-level executives with distinct roles who commit themselves to leading companies toward operational excellence and governance. Forming a powerful duo, their symbiotic relationship is vital for companies to attain sustainable and profitable growth. Explore below the key differences between CEO and COO, their roles, responsibilities, and how their teamwork benefits the company.

In the intricate world of parliamentary procedures, Robert’s Rules of Order stands as a guiding light, offering clarity amid potential chaos. Such rules not only aim to standardize parliamentary practices but also ensure all decisions made are firm and harmonious.

The shift of the boardroom setup from physical in the pre-pandemic to remote in the pandemic has accelerated the trends in the digital transformation of the board. The primary focus now of the boardroom directs on data security, remote collaboration, and seamless meetings. Organizations have switched to platforms and tools that enhance their virtual meeting experience and simplify their tasks — one of which is signing documents.

Leadership skills are not always innate to leaders. In fact, effective leadership roots in inspiring and motivating action toward achieving a team or organization’s goals. To do that, leaders must have communication skills to connect with their audience. Company leaders or executives are the de facto “face” of the team or the company. They are the ones who face the internal and external stakeholders.

Different areas in the business have to keep a watchful eye on their respective transactions, processes, and documents, as these are crucial to the business performance. However, keeping track of important activities is one challenge most departments in the business share. Having a complete record where all actions are logged can help the business with auditing, making sure that there is no room for fraud and other unnecessary activities.

Businesses nowadays are operating at different heights of hybrid work environments. This setup offers flexibility to workers with over 70% wishing remote work options to continue. With business operations and employee expectations changing by the Covid-19 pandemic, technology becomes more essential for bringing collaboration and connectivity together. Microsoft Teams, in particular, is one of the tools designed with virtual and hybrid work environments in mind.

Most administrators use Microsoft tools, especially Teams, to aid them in managing meetings. In fact, 91% of Fortune 500 companies use it to develop an effective communication strategy. But there are still loose ends within the app, letting other parties carry out malicious activities at any stage of the meeting process. Teams is no exception to vulnerabilities. From time to time, there have been several reports of security threats in Teams leading to data leaks.