Corporate Title
Publicly and privately held for-profit corporations confer corporate titles or business titles on company officials as a means of identifying their function in the organization. In addition, many non-profit organizations, educational institutions, partnerships, and sole proprietorships also confer corporate titles.
The highest-level executives are usually called "C-level" or part of the "C-suite," referring to the 3-letter initials starting with "C" and ending with "O" (for "Chief __________ Officer"); the traditional officers are Chief Executive Officer (CEO), Chief Operations Officer (COO), and Chief Financial Officer (CFO). Chief administrative officer and Chief risk officer positions are often found in banking, insurance, and other financial services companies. Technology companies (including telecom and semi-conductor) (now IT sector companies also) tend to have a Chief Technology Officer (CTO), while companies with a strong Information Technology (IT) presence have a Chief Information Officer (CIO). In creative/design companies (such as film studios, a comics company or a web design company), there is sometimes a Chief Creative Officer (CCO), responsible for keeping the overall look and feel of different products, otherwise headed by different teams, constant throughout a brand. Additionally, though 60% of the Fortune 500 companies have a Chief Diversity Officer (CDO) or Diversity leadership position, this and many other C-level titles are not necessarily universally recognized as Corporate Officers, and tend to be specific to particular organizational cultures or preferences as employees.
Read more about Corporate Title: Variations, Corporate Titles
Famous quotes containing the words corporate and/or title:
“If when a businessman speaks of minority employment, or air pollution, or poverty, he speaks in the language of a certified public accountant analyzing a corporate balance sheet, who is to know that he understands the human problems behind the statistical ones? If the businessman would stop talking like a computer printout or a page from the corporate annual report, other people would stop thinking he had a cash register for a heart. It is as simple as that—but that isn’t simple.”
—Louis B. Lundborg (1906–1981)
“He who, in an enlightened and literary society, aspires to be a great poet, must first become a little child. He must take to pieces the whole web of his mind. He must unlearn much of that knowledge which has perhaps constituted hitherto his chief title to superiority. His very talents will be a hindrance to him.”
—Thomas Babington Macaulay (1800–1859)