A chief executive officer ( CEO ), also known as a chief executive or managing director , is the top-ranking corporate executive charged with the management of an organization , usually a company or a nonprofit organization .
66-545: (Redirected from ClimateWorks ) Climateworks or ClimateWorks may refer to: Climateworks Centre , an independent non-profit in Melbourne, Australia (formerly ClimateWorks Australia) ClimateWorks Foundation , an independent non-profit in San Francisco, United States Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
132-623: A decade later, it had 8 campuses (including 2 overseas), a European research and teaching centre, and more than 50,000 students, making it the largest and most internationalised Australian university. Expansion of the university began in 1990 with a series of mergers between Monash, the Chisholm Institute of Technology, and the Gippsland Institute of Advanced Education. In 1991 a merger with the Victorian College of Pharmacy created
198-448: A different area of responsibility (e.g., VP of finance, VP of human resources). Examples of subordinate executive officers who typically report to the CEO include the chief operating officer (COO), chief financial officer (CFO), chief strategy officer (CSO), chief marketing officer (CMO) and chief business officer (CBO). The public relations -focused position of chief reputation officer
264-482: A distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors (elected by the shareholders ) is often equivalent to the supervisory board, while the executive board may often be known as
330-562: A dramatic increase in interest in the potential of stem cells . It has also led to Monash being ranked in the top 20 universities in the world for biomedicine. On 21 October 2002 Huan Yun "Allen" Xiang , shot two people dead and injured five others on the Clayton campus. Since December 2011, Monash has had a global alliance with the University of Warwick in the United Kingdom. In 2014,
396-402: A facade of charm and eloquence. Traits such as courage and risk-taking, generally considered desirable, are often found alongside these psychopathic tendencies. Tara Swart, a neuroscientist at MIT Sloan School of Management , has suggested that individuals with psychopathic traits thrive in chaotic environments and are aware that others do not. As a result, they may intentionally create chaos in
462-893: A graduate research school in Mumbai , India and graduate schools in Suzhou , China and Tangerang , Indonesia. Courses are also delivered at other locations, including South Africa. Monash is home to major research facilities, including the Monash Law School , the Australian Synchrotron , the Monash Science Technology Research and Innovation Precinct (STRIP), the Australian Stem Cell Centre , Victorian College of Pharmacy , and 100 research centres and 17 co-operative research centres. In 2019, its total revenue
528-645: A new faculty of the university. This continued in 1994, with the establishment of the Berwick campus . In 1998, the university opened the Malaysia campus , its first overseas campus and the first foreign university in Malaysia . In 2001, Monash South Africa opened its doors in Johannesburg, making Monash the first foreign university in South Africa. The same year, the university secured an 18th-century Tuscan palace to open
594-488: A pharmacist after successful completion of a supervised internship and registration exams in the final year. The Bachelor of Pharmaceutical Science replaced the Bachelor of Formulation Science in 2007 and the Bachelor of Medicinal Chemistry in 2008. High achieving students may enrol in a double degree, combining a Bachelor of Engineering and a Bachelor of Pharmaceutical Science. The campus also offers postgraduate degrees, including
660-493: A political party is often entrusted with fundraising, particularly for election campaigns. In some countries, there is a dual board system with two separate boards, one executive board for the day-to-day business and one supervisory board for control purposes (selected by the shareholders). In these countries, the CEO presides over the executive board and the chairperson presides over the supervisory board, and these two roles will always be held by different people. This ensures
726-594: A presence in the area since 1994, the first Monash Berwick campus building was completed in 1996 and the third building in March 2004. It was situated on a 55-hectare site in the City of Casey , then one of the three fastest growing municipalities in Australia. Monash announced the closure of this campus to staff and students on 7 March 2016. On 15 July 2016 it was announced that Federation University Australia would take responsibility for
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#1733085512918792-449: A research and teaching centre in Prato , Italy. At the same time, Australian universities faced unprecedented demand for international student places, which Monash met on a larger scale than most. Today, around 30% of its students are from outside Australia. Monash students come from over 100 countries, and speak over 90 different languages. The increase in international students, combined with
858-596: A source of criticism following a dramatic rise in pay relative to the average worker's wage . For example, the relative pay was 20-to-1 in 1965 in the US, but had risen to 376-to-1 by 2000. The relative pay differs around the world, and, in some smaller countries, is still around 20-to-1. Observers differ as to whether the rise is due to competition for talent or due to lack of control by compensation committees. In recent years, investors have demanded more say over executive pay. Lack of diversity amongst chief executives has also been
924-499: A source of criticism. In 2018, 5% of Fortune 500 CEOs were women. In 2023 the number rose to 10.4% of for Women CEO's of Fortune 500 companies . The reasons for this are explained or justified in various ways, and may include biological sex differences, male and female differences in Big Five personality traits and temperament, sex differences in psychology and interests, maternity and career breaks, hypergamy , phallogocentrism ,
990-599: Is a public research university based in Melbourne , Victoria , Australia. Named after World War I general Sir John Monash , it was founded in 1958 and is the second oldest university in the state. The university has a number of campuses, four of which are in Victoria ( Clayton , Caulfield , Peninsula , and Parkville ), one in Malaysia and another one in Indonesia. Monash also has a research and teaching centre in Prato , Italy,
1056-524: Is a hub of undergraduate and postgraduate studies in Nursing, Health Science, Physiotherapy, Occupational Therapy and Psychology – and particularly in Emergency Health (Paramedic) courses. The campus is located in the bayside suburb of Frankston on the edge of Melbourne. Peninsula campus also offers a range of courses including those from its historic roots with early childhood and primary education (during
1122-830: Is attested as early as 1782, when an ordinance of the Congress of the Confederation of the United States of America used the term to refer to governors and other leaders of the executive branches of each of the Thirteen Colonies . In draft additions to the Oxford English Dictionary published online in 2011, the Dictionary says that the use of "CEO" as an acronym for a chief executive officer originated in Australia , with
1188-517: Is chair of the university council and provides advice to the vice-chancellor, as well as having ceremonial duties. Council is the governing body of the university, established by the Monash University Act 2009 . Margaret Gardner was named as the vice-chancellor and president on 1 September 2014, the first woman to hold the position. After Gardner was appointed Governor of Victoria in 2023, Susan Elliott AM took over as interim VC, until
1254-630: Is currently home to over 8,489 (2018) students. The new purpose-built campus opened in 2007, providing a high-tech home for Monash in Malaysia. In addition to a wide range of undergraduate degrees, the campus also offers both postgraduate Masters and PhD programs. Its degrees in Medicine and Surgery are the first medical degrees outside Australia and New Zealand to be accredited by the Australian Medical Council. The Monash University Prato Centre
1320-517: Is located in BSD City , Tangerang , Banten . As part of the university's expansion in the 1990s, Monash took over the operations of the Gippsland Institute of Advanced Education in 1990. The commitment to regional higher education on the part of the university was a progressive and bold step, however, the operation of the Gippsland campus was always fraught with some tension between the priorities of
1386-581: Is located in the 18th-century palace, Palazzo Vaj, in the historic centre of Prato , a city near Florence in Italy. Primarily, it hosts staff and students from Monash's other campuses for semesters in Law, Art Design & Architecture, History, Music, and Criminology as well as various international conferences. It was officially opened on 17 September 2001 as part of the university's vigorous internationalisation policy. The IITB-Monash Research Academy opened in 2008 and
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#17330855129181452-402: Is often used in lieu of chief executive officer. Business publicists since the days of Edward Bernays (1891–1995) and his client John D. Rockefeller (1839–1937) and even more successfully the corporate publicists for Henry Ford , promoted the concept of the " celebrity CEO". Business journalists have often adopted this approach, which assumes that the corporate achievements, especially in
1518-503: Is one of the Australian universities to be ranked in the École des Mines de Paris ( Mines ParisTech ) ranking on the basis of the number of alumni listed among CEOs in the 500 largest worldwide companies. Established by an Act of Parliament in 1958, the original campus was in the suburb of Clayton where the university was granted an expansive site of 100 hectares of open land. The 100 hectares of land consisted of farmland and included
1584-459: Is situated in Mumbai , India. It is a partnership between Monash and the Indian Institute of Technology Bombay . It aims to carry out high impact research in engineering and sciences, particularly clean energy, biotechnology and nanotechnology. Students undertake their research in both India and Australia, with supervisors from both Monash and IITB. Upon graduating, they receive a dual PhD from
1650-418: Is sometimes included as one such subordinate executive officer, but, as suggested by Anthony Johndrow, CEO of Reputation Economy Advisors, it can also be seen as "simply another way to add emphasis to the role of a modern-day CEO – where they are both the external face of, and the driving force behind, an organization culture". In the US, the term "chief executive officer" is used primarily in business, whereas
1716-761: Is the first Australian university, and the third foreign university, to win a licence to operate in China. The school offers master's degrees and PhDs in science and engineering, with an initial cohort of 500 students, building up to 2000 in the years to come. The Monash University, Indonesia opened its doors in October 2021, focusing on postgraduate programs offering master's degree and PhDs . Currently they open several Master's degree programs including: Data Science , Cybersecurity, Urban Design , Business Innovation, and Public Policy & Management, Marketing & Digital Communications, Public Health, and Sustainability. The campus
1782-570: Is the largest of the Monash campuses. Clayton is the flagship campus for Monash, demanding higher ATAR (Australian Tertiary Admission Rank) scores than all the other campuses, with the exception of Parkville. Clayton is home to the faculties of Arts, Business & Economics, Education, Engineering, IT, Law, Medicine, Nursing and Health Sciences, Pharmaceutical Science and Science. The Clayton campus has its own suburb and postcode (3800). Various major scientific research facilities are located on or adjacent to
1848-548: The Clayton campus in Clayton, Victoria . There is an additional private residential college affiliated with the university. The Clayton campus contains the Robert Blackwood Hall , named after the university's founding chancellor Sir Robert Blackwood and designed by Sir Roy Grounds . The Caulfield campus is Monash University's second-largest. Its multifaceted nature is reflected in the range of programs it offers through
1914-558: The Latrobe Valley town of Churchill , 142 km east of Melbourne on 63 hectares of landscaped grounds. Until 2014 it was the only non-metropolitan campus of Monash University. The campus offered many undergraduate degrees, attracting students from the Latrobe Valley , East and West Gippsland . Ballarat University joined with Monash University Gippsland campus to form a new regional university known as Federation University Australia from 1 January 2014. As of that date, Monash began
1980-581: The executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO). In the United States, and in business, the executive officers are usually the top officers of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "executive officers" as the five most highly compensated officers not also sitting on
2046-529: The former Talbot Epileptic Colony. The Tudor-style farmhouse built by the O'Shea family became the original Vice-Chancellor's House - now University House. From its first intake of 357 students at Clayton on 13 March 1961, the university grew rapidly in size and student numbers so that by 1967 its all-times enrollment reached 21,000 students. In its early years, it offered undergraduate and postgraduate degrees in engineering, medicine, science, arts, economics, politics, education, and law. It
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2112-451: The profitability , market share , revenue , or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation . CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite . The term "chief executive officer"
2178-597: The 1960s and 1970s the campus was the State Teachers' College), and Business & Economics (since the merger of the State Teachers' College with the Caulfield Institute of Technology to create the Chisholm Institute of Technology in 1982). The campus was also home to the Peninsula School of Information Technology, which in 2006 was wound back with Information Technology units previously offered being relocated to
2244-502: The Berwick Campus from 2017 pending government approvals. This officially commenced on 1 January 2018, as a campus of Federation University Australia . In August 2013, Monash University announced it had entered a partnership that will enable its South African presence to grow and enhance its educational offering. The partnership is with Laureate International Universities. Monash and Laureate finalised terms to transfer ownership of
2310-777: The Caulfield campus. The centrally located Monash Law City Campus houses the postgraduate Faculty of Law. It provides teaching for the Monash Law Masters and JD programmes. This campus is well placed within Melbourne's legal precinct, allowing students to have easy access to the surrounding courts. The Monash University Malaysia campus opened in 1998 in Bandar Sunway , Selangor , Malaysia. The Sunway campus offers various undergraduate degrees through its faculties of Arts and Social Sciences, Business, Engineering, Information Technology, Medicine and Health Sciences, Pharmacy and Science. It
2376-504: The Doctor of Philosophy and Master of Clinical Pharmacy. Considered a world-class faculty, it was ranked first in the world in pharmacy and pharmacology in the 2022 QS World University Rankings by Subject, surpassing Harvard University and the University of Oxford, which ranked second and third, respectively. The Peninsula campus has a teaching and research focus on health and wellbeing, and
2442-677: The Monash Siege, students forced then Prime Minister Malcolm Fraser to hide in a basement at the Alexander Theatre, in a major protest over the Whitlam dismissal . In the late 1970s and 1980s, some of Monash's most publicised research came through its pioneering of in-vitro fertilisation (IVF). Led by Carl Wood and Alan Trounson , the Monash IVF Program achieved the world's first clinical IVF pregnancy in 1973. In 1980, they delivered
2508-829: The School of Public Health and Preventive Medicine, which contains the Department of Epidemiology and Preventive Medicine and the Department of Forensic Medicine. The Parkville campus is located on Royal Parade in the Melbourne suburb of Parkville , around 2 km north of the Melbourne CBD . The campus is home to the Faculty of Pharmacy and Pharmaceutical Sciences. The faculty specialises in pharmacy practice, pharmaceutical and formulation science, and medicinal chemistry. The campus offers Australia's first combined, 5-year Bachelor of Pharmacy/Master of Pharmacy program, leading to registration as
2574-525: The UK, chief executive and chief executive officer are used in local government , where their position in law is described as the "head of paid service", and in business and in the charitable sector . As of 2013 , the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are normally non-executive (unpaid) roles. The term managing director
2640-545: The appointment of Sharon Pickering in February 2024, as 10th vice-chancellor and president of the university. Simon McKeon AO was appointed chancellor in 2016, and as of 2024 is still in the position. Deputy Chancellors are Megan Clark AC, Peter Young AM KC, and John Simpson AM. Monash is divided into 10 faculties. These incorporate the university's major departments of teaching and research centres. The faculties are: Various other academic organisations exist alongside
2706-422: The arena of manufacturing, are produced by uniquely talented individuals, especially the "heroic CEO". In effect, journalists celebrate a CEO who takes distinctive strategic actions. The model is the celebrity in entertainment, sports, and politics – compare the " great man theory ". Guthey et al. argues that "...these individuals are not self-made, but rather are created by a process of widespread media exposure to
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2772-421: The board of directors. In the case of a sole proprietorship , an executive officer is the sole proprietor. In the case of a partnership , an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company , an executive officer is any member, manager, or officer. Depending on the organization, a CEO may have several subordinate executives to help run
2838-467: The campus to the Independent Institute of Education (IIE) South Africa in 2015. The transfer was concluded in 2019. The vice-chancellor is the chief executive of the university, who is head of Monash's day-to-day activities. The vice-chancellor is also the university president of Monash. (In North America and parts of Europe, the equivalent role is the president or principal.) The chancellor
2904-637: The campus. Chief among these are the Australian Synchrotron and CSIRO . The campus is also home to numerous restaurants and retail outlets, as well as student bars Sir John's (located in the Campus Centre) and the Notting Hill Hotel (located down the street, founded in 1891), both of which are hubs of social life on the campus. The campus is also home to a number of halls of residence, colleges and other on-campus accommodation that house several thousand students. Six halls of residence are located at
2970-467: The centre of student radicalism in Australia. It was the site of many mass student demonstrations, particularly concerning Australia's role in Vietnam War and conscription . By the late 1960s, several student organisations, some of which were influenced by or supporters of communism, turned their focus to Vietnam, with numerous blockades and sit-ins. In one extraordinary event that came to be known as
3036-440: The day-to-day administration of the company, each of whom has specific functional responsibilities referred to as senior executives, executive officers or corporate officers. Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if the CEO is also the president, is the vice president (VP). An organization may have more than one vice president, each tasked with
3102-562: The existence of old boy networks , tradition, and the lack of female role models in that regard. Some countries have passed laws mandating boardroom gender quotas. In 2023 Rockefeller Foundation awarded a grant to Korn Ferry to research strategies and then action a plan to help more women to become CEO's. There are contentious claims that a significant number of CEO's have psychopathic tendencies, often characterized by power-seeking behavior and dominance. These individuals can often conceal their ruthlessness and antisocial behavior behind
3168-425: The faculties and research centres. CEO CEOs find roles in various organizations, including public and private corporations , nonprofit organizations , and even some government organizations (notably state-owned enterprises ). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing
3234-534: The faculties of Arts, Art Design & Architecture (MADA), Business & Economics, Information Technology and Medicine, and Nursing and Health Sciences. A major building program has been announced to expand teaching facilities, provide student accommodation, and redevelop the shopping centre. Located in The Alfred Hospital , Monash University's Alfred campus houses the Central Clinical School and
3300-521: The first IVF baby in Australia. This eventually became a massive source of revenue for the university at a time when university funding in Australia was beginning to slow down. In the late 1980s, the Dawkins Reforms changed the landscape of higher education in Australia. Under the leadership of Vice-Chancellor Mal Logan , Monash transformed dramatically. In 1988, Monash University had only one campus in Clayton , with around 15,000 students. Just over
3366-603: The first attestation being in 1914. The first American usage cited is from 1972. The responsibilities of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's structure. They can be far-reaching or quite limited, and are typically enshrined in a formal delegation of authority regarding business administration . Typically, responsibilities include being an active decision-maker on business strategy and other key policy issues, as well as leader , manager, and executor roles. The communicator role can involve speaking to
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#17330855129183432-472: The metropolitan-centred campuses at Clayton and Caulfield versus the needs and aspirations of the regional one. The Gippsland campus was designed in order to provide courses via distance education. Between 2005 and 2010, many of these programs were transferred to city campuses, thus losing their appeal to regional areas. At its peak enrolment in 2007, the campus was home to 2,000 on-campus students, 5,000 off-campus students and nearly 400 staff. The campus sits in
3498-400: The organization. As a manager, the CEO presides over the organization's day-to-day operations. The CEO is the person who is ultimately accountable for a company's business decisions, including those in operations, marketing, business development , finance, human resources , etc. The use of the CEO title is not necessarily limited to describing the head of a company. For example, the CEO of
3564-409: The point that their actions, personalities, and even private lives function symbolically to represent significant dynamics and tensions prevalent in the contemporary business atmosphere". Journalism thereby exaggerates the importance of the CEO and tends to neglect harder-to-describe broader corporate factors. There is little attention to the intricately organized technical bureaucracy that actually does
3630-450: The press and to the public, as well as to the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. The CEO is tasked with implementing the goals, targets and strategic objectives as determined by the board of directors. As an executive officer of the company, the CEO reports the status of the business to the board of directors, motivates employees, and drives change within
3696-411: The process of teaching out its courses at Gippsland with only a medical school presence to remain after the merger. The former Berwick campus of Monash University was built on the old Casey airfield in the south-eastern growth corridor of Victoria, Australia. The town of Berwick has experienced an influx of people and development in recent times, which includes the new campus of Monash University. With
3762-783: The sale. The reason for the sale was reported low profitability and enrollment numbers. Prior to the sale, Monash University had sidelined the South African campus on its official websites and did not refer to it as a 'campus' unlike Monash Malaysia. Monash announced its second Southeast Asian expansion in Indonesia as it officially obtained its operational license from the Ministry of Education and Culture on 1 December 2020. The university plans to open its campus doors in October 2021, located in BSD City , Tangerang, Banten. Unlike Monash Malaysia, Monash Indonesia will focus on graduate studies. The Clayton campus covers an area over 1.1 km and
3828-409: The term "executive director" is used primarily in the not-for-profit sector. These terms are generally mutually exclusive and refer to distinct legal duties and responsibilities. The CEO is the highest-ranking executive in a company, making corporate decisions, managing operations, allocating resources, and serving as the main point of communication between the board of directors and the company. In
3894-511: The title Climateworks . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Climateworks&oldid=1218334009 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages Climateworks Centre Monash University ( / ˈ m ɒ n æ ʃ / )
3960-587: The two institutions. In the month following its official opening, 36 joint projects had commenced, with a further several hundred planned. In August 2015 Christopher Pyne, Australian Minister for Education and Training, officially opened the new Monash-IITB Research Academy Building in Mumbai, India. In 2012, it was announced that Monash had won a licence to develop a joint graduate school with Southeast University (Nanjing) in Suzhou , Jiangsu Province. The Southeast University-Monash University Joint Graduate School
4026-472: The university ceded its Gippsland campus to Federation University . On 15 July 2016, Monash confirmed that Federation University Australia would take over the operations of the Berwick campus prior to the end of 2018. In 2019, the university sold its Monash South Africa campus to Advtech . Students who were on schedule to complete their degree on time would still receive a degree from Monash University after
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#17330855129184092-423: The university's expansion, meant that Monash's income greatly increased throughout the 1990s, and it is now one of Australia's top 200 exporters. In recent years, the university has been prominent in medical research. A highlight of this came in 2000, when Alan Trounson led the team of scientists which announced to the world that nerve stem cells could be derived from embryonic stem cells, a discovery which led to
4158-457: The work. Hubris sets in when the CEO internalizes the celebrity and becomes excessively self-confident in making complex decisions. There may be an emphasis on the sort of decisions that attract the celebrity journalists . Research published in 2009 by Ulrike Malmendier and Geoffrey Tate indicates that "firms with award-winning CEOs subsequently underperform, in terms both of stock and of operating performance". Executive compensation has been
4224-790: The workplace. This perspective is explored in the book Snakes in Suits , co-authored by Robert D. Hare . However, Scott Lilienfeld has argued that the attention given to psychopathy in the workplace by both the media and scholars has far exceeded the available scientific evidence. Emilia Bunea, writing in Psychology Today , has linked psychopathic traits in managers to workplace bullying , employee dissatisfaction, and turnover intentions. Despite this, Bunea cautions that excessive worry about supposed psychopathic managers could discourage individuals from pursuing careers in corporations and deter employees from addressing issues with difficult bosses. In
4290-464: Was a major provider for international student places under the Colombo Plan , which saw the first Asian students enter the Australian education system. The university was named after the prominent Australian general Sir John Monash . This was the first time in Australia that a university had been named after a person, rather than a city or state. From the mid-1960s to the early 1970s, Monash became
4356-584: Was over $ 2.72 billion (AUD), with external research income around $ 462 million. In 2019, Monash enrolled over 55,000 undergraduate and over 25,000 graduate students. It has more applicants than any other university in the state of Victoria. Monash is a member of Australia's Group of Eight research universities, a member of the ASAIHL , and is the only Australian member of the M8 Alliance of Academic Health Centers, Universities and National Academies . Monash
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