corporate hierarchy

Corporate hierarchy refers to the structured levels of authority and responsibility within a company. At the top is the board of directors, overseeing company direction and policies. Below them are executives like the CEO, who manage overall operations. Next are middle managers, who implement strategies and supervise departments. Finally, employees work in various roles to execute tasks. This structure helps organize workflows, clarify responsibilities, and facilitate decision-making within the company, ensuring that everyone understands their roles and reporting relationships, which enhances efficiency and productivity.