director
1 week ago
Job Responsibilities of a Managing Director (Company)
Strategic Leadership:
Develop and implement the company's vision, mission, and long-term strategic goals. Set the overall direction and priorities for the business.
Business Development and Growth:
Identify new business opportunities, drive expansion into new markets, and oversee mergers, acquisitions, or partnerships to ensure sustainable growth.
Operational Oversight:
Oversee daily operations to ensure efficiency, productivity, and alignment with company objectives. Monitor and improve business processes.
Financial Management:
Approve budgets, monitor financial performance, manage resources, and ensure profitability and financial stability.
Board Relations:
Report to the board of directors, provide regular updates on company performance, and seek approval for major decisions.
Policy and Governance:
Develop, implement, and enforce company policies, procedures, and governance frameworks to ensure compliance and best practices.
Risk Management:
Identify potential risks to the business and implement effective strategies to mitigate them.
Stakeholder Management:
Build and maintain strong relationships with key stakeholders, including shareholders, clients, business partners, regulators, and the wider community.
Team Leadership:
Recruit, develop, and lead the senior management team, fostering a culture of high performance, accountability, and continuous improvement.
Change Management:
Lead organizational change initiatives, ensuring smooth transitions and staff engagement.
Corporate Representation:
Act as the public face of the company at industry events, media engagements, and with government or regulatory bodies.
Performance Monitoring:
Set and monitor key performance indicators (KPIs) for the company, ensuring targets are met and taking corrective action when necessary.
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