4. 1. Board of Directors
Who are they?
Who appoints them?
What are they supposed to do?
What binds them?
5. Board of directors
Variation in the boards of companies
Directions to managers + Operational
matters of significance
Formal and informal functions
Vital link between the company and
6. BoD as STRATEGISTS
Guidance for objectives, review and
Strategic direction to the organisation
Exact role of board dependent on
7. 2. Chief Executive Officer
Who is a CEO?
What else is he/she known as?
How important is the CEO to the
8. Chief Executive Officer
Defining Roles Theoretically:
1. The Role Modelling Approaches
Chief architect of organisational
purpose, strategist or planner
Organisational leader, organiser, or
Chief administrator, implemetor, or
Communicator of organisational
purpose, motivator, personal leader or
9. Chief Executive Officer
2. The other approaches:
On parameters like:
How time is spent
Qualities & personalities
10. Chief Executive Officer
Defining roles practically: By practitioners
or by CEOs themselves
‘Keynote’ by J.R.D. Tata
‘Return to Punjab’ by Prakash Tandon
‘India’s industrialists’ by Gita Piramal
11. Example: Indira Nooyi (Pepsi co)
Extremely important strategies for the
company, for e.g.,
Acquisition of Tropicana
Merger with Quaker Oats
Kiran Mazumdar, a young entrepreneur,
set up an export-oriented unit
manufacturing a range of enzymes.
She was actively involved in all aspects of
policy formulation and implementation
for her companies.