The British Company Management

The management of the company is called the Board of Directors (not Managers) headed by the Chairman, the President. There is usually a Managing Director and in the case of a big company there may be several Joint Managing Directors.

A Manager in British companies is the person who is the head of a department – Sales, Export, Works (Production), Staff etc. so there are Sales Manager, Export Managers, Works (Production) Managers, Staff Managers, etc.

A General Manager has managers, working under his control, and receives his instructions from the Managing Director.

By British Company Law a limited company (public or private) must have a Company Secretary whose duties are plenty. First he is the clerk to the Directors: he is to keep registers of Directors and Members, arrange for proceedings at directors’ and shareholders’ meetings, prepare notices for the calling of these meetings, attend them and advise directors at board meeting on the legal, accounting and tax implications of any proposed business move as well as write minutes and reports (the minutes of a meeting are usually concise records of resolutions or decisions reached; and the reports are more extensive and give details of decisions, arguments for and against the resolutions and so on). Second he represents his company and in this capacity he supervises the working of the staff manager, he is often finally responsible for the accounting and handling of contracts. Thus he is the link between the company and the public.

The company Secretary must be a properly qualified person, and to be able to fulfill his routine duties well he is supposed to have training in company law, accountancy and many other subjects. He is expected to be part-lawyer, part-economist, part-administrator and part-accountant.

Дата добавления: 2015-07-11