In most companies that have both VP and director positions, the vice president is the director’s direct senior. Constantly reviewing the company strategy and innovations to make sure it’s beneficial for the company.Working with the CEO and board of directors to uphold the company’s policies, strategies, and goals.Illustrating overall budgets and goals for the director and managers.Maintaining the company’s public image in the media.Overseeing daily activity and productivity.In other companies, a VP is tasked with duties such as Keeping those factors in mind, in some companies a VP works as an assistant to the CEO when implementing strategy and policy. Vice president: roles and responsibilitiesĪ vice president’s role is a little more dependent on the size of the company and the company itself. Developing department budgets, sales, and sometimes even payroll.Implementing departmental policies changes.Developing new policies and strategies for their department.Leading managers and overseeing their projects.However, there are some common responsibilities Since a director manages a department in a company, their roles vary depending on the department. In which case they probably have multiple positions above vice president as well, such as, assistant VP or senior VP. The heads of each department might be titled vice president.
While this might be the role of a VP at mid to large size companies, even larger companies might have a vice president for each department.
They also are usually in charge of implementing new policies and strategies that work towards the goals of the company and meet with the board of directors regularly. In some instances, their position depends on the other top level positions, but in most companies, the VP manages the overall functioning of the company. If On the other hand, a VP or vice president is one of the top 2 or 3 leaders of the organization. That kind of director is above the vice president and the C-suite as well. But being on the ‘board of directors’ has a completely different meaning. They are also usually restricted to a particular area of function in larger companies, while smaller companies might have a general director who leads managers of all departments since there might not be multiple managers in each division to manage. They lead managers who have teams under them. Typically a director heads a department or a vertical. Among the top management positions, the vice president or VP and director are often misunderstood for the work they do, their responsibilities, etc., while both are, in fact, usually considered senior management.įirst it’s important to understand what each title means. And yet, understanding the roles of your seniors is critical. So understanding the roles and hierarchy can be confusing and daunting. Different companies have different titles for their employees, whether senior management or C-suite.