Executive-managed
Executive-managed refers to a system, organization, or process where significant decisions and operational oversight are directed and controlled by individuals holding executive positions, such as CEOs, COOs, or other high-level managers. This typically involves a hierarchical structure with clear lines of authority and responsibility, where executives formulate strategic goals, allocate resources, and monitor performance to ensure the achievement of objectives. The emphasis is on top-down leadership and central control, contrasting with more decentralized or collaborative management styles.
Executive-managed meaning with examples
- The company operated under a highly executive-managed structure, with the CEO making all major decisions and department heads reporting directly to him. This centralized approach facilitated quick decision-making but sometimes stifled employee initiative. The marketing team frequently voiced frustration about the lack of autonomy they were afforded, causing some internal conflict and reduced innovation.
- The executive-managed project experienced delays because the project manager, who was under direct control of the company's CEO, had a difficult time getting the resources needed to manage a major crisis that impacted the company.
- In the early stages of growth, startups often adopt an executive-managed approach, but as the company expands, they may transition to a more collaborative or team-based management style to accommodate increasing complexity and a larger workforce.
- Several large corporations operate under an executive-managed system. This structure often streamlines operations and ensures that policies are implemented consistently across all divisions. This system keeps stakeholders content.
- The hospital administration implemented an executive-managed system, and as a result, the emergency room experienced significant improvements in patient care delivery and a reduction in wait times. Although it caused a disruption, it was worth it.