Top Level Management also known as the administration level is vital to any organisation. Their main objective is to set goals for growth and success of the company. They are the primary source for planning and coordinating all business functions.
Top Level management is made up of Board of Directors, Chief Executives Officer (CEO), Chief Financial Officer (CFO) and Chief Operating Officer (COO). These positions make up the authority of the business, and control key functions such as setting budget, growth strategies, techniques and business agenda.
Depending on the company structure, Top Level management is accountable to shareholders to ensure investments are positive. Some of the most important functions top level management are responsible for are:
- Setting and adhering to policy and objectives of the company
- Ensuring the best fit managers are appointed in middle management to achieve set company objectives
- Be the voice of the company, communicating the company’s successes