Corporate headquarters is the part of a corporate structure that deals with important tasks such as strategic planning, corporate communications, taxes, law, marketing, finance, human resources, and information technology. Corporate headquarters takes responsibility for the overall success of the corporation, ensures Corporate Governance.
The corporate headquarters includes: the CEO (Chief Executive Officer) as a key person and their support staff such as the CEO office and other CEO related functions; the "Corporate policy making" functions: Include all corporate functions necessary to steer the firm by defining and establishing corporate policie; the Corporate Services: Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners; the Interface: Reporting line and bi-directional link between corporate headquarters and business units.
The corporate services are often relocated into a separate legal entity called Shared Services Center.
Famous quotes containing the words corporate and/or headquarters:
“The generation of women before us who rushed to fill the corporate ranks altered our expectations of what working motherhood could be, tempered our ambition, and exploded the supermom myth many of us held dear.”
—Melinda M. Marshall (20th century)
“What does headquarters think these guys came over here for, a sewing circle? They go up playing for keeps. Cops and robbers with rocks in the snowballs. Brass knuckles and lead pipes and a roughneck conviction they can lick any man in the world.”
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