A chief executive officer (CEO in American English) or managing director (MD in British English) describes the position of the most senior corporate officer, executive, or administrator in charge of managing an organization. The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity. Titles also often given to the holder of the CEO position include president and chief executive (CE).
The responsibilities of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's legal structure. They can be far-reaching or quite limited and are typically enshrined in a formal delegation of authority.
Typically, the CEO/MD has responsibilities as a director, decision maker, leader, manager and executor. The communicator role can involve the press and the rest of the outside world, as well as the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. As a leader of the company, the CEO/MD advises the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO/MD presides over the organization's day-to-day operations.
The term refers to the person who takes all the decisions regarding the upliftment of the company, which includes all sectors and fields of the business like operations, marketing, business Development, finance, Human resources, etc. The CEO of a company is not necessarily the owner of the company.
It included a main program known as the Control Program which offered a menu driven interface on the assorted dumb terminals which existed at the time. The Control Program communicated with separate "Services" like the Mail Server, Calendar Server, File Server (for documents). There was also a Word Processor and a data management program which was also accessible from the Control Program. A complementary product, TEO, (Technical Electronic Office) focused on the office automation needs of engineering professionals.
In later years, CEO offerings grew to include various products to connect to CEO from early personal computers. The first such product was called CEO Connection. Later a product named CEO Object Office shipped which repackaged HP NewWave (an object oriented graphical interface).
Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. A key point in finance is the time value of money, which states that purchasing power of one unit of currency can vary over time. Finance aims to price assets based on their risk level and their expected rate of return. Finance can be broken into three different sub-categories: public finance, corporate finance and personal finance.
The FINANCIAL has a weekly official circulation of 10,000 printed newspapers. They have a daily page viewing of 100,000.
In addition the company publishes the monthly magazine WEALTH, which is exclusively delivered to all premium hotel rooms of Georgia.
The FINANCIAL together with Global Idea llc is the official organizer of the annual award ceremony Golden Brand.
The FINANCIAL publishes the following annual editions: Best Georgian Banks, Green Business - Oil & Environment, Travel Business, Corporate Social Responsibility, and US Business in Georgia.
The FINANCIAL is the general media partner for all major international business events in Tbilisi. In 2010 and 2011 it was the general media sponsor of international banking conferences in Baku and Batumi.
In 2010 The FINANCIAL was named country media sponsor for the HSBC-sponsored European Business Awards.