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41-470: The Thailand Textile Institute was established on 15 October 1996. Their mission is to manage planning, development and support for the textile industry. THTI promotes the development of textiles and garments and helps business operators enhance their competitiveness. THTI also works with textile and clothing manufacturers to improve their design, management, and brand-name development and to establish relationships with foreign firms. THTI represents Thailand and

82-403: 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 . 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

123-485: 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 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

164-424: 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 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

205-402: 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

246-462: 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 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

287-596: 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

328-499: 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 ,

369-401: Is also an employee with a senior role. It is common for boards to have several executive directors, e.g. for different departments. There is no legal difference between an executive and a non-executive director (NXD or NED), but there are considerable differences in the expectations associated with the role. Chief executive officer A chief executive officer ( CEO ), also known as

410-402: 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

451-418: 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

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492-427: 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 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

533-532: 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 the executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO). In the United States, and in business,

574-468: Is widely used in North American not-for-profit organizations , though many United States nonprofits have adopted the title president or CEO. Confusion can arise because the words executive and director occur both in this title and in titles of various members of some organizations' boards of directors. In the US nonprofit sector, the executive director role is the highest ranking position within

615-419: Is widely used in North American and European not-for-profit organizations, though in the United States many have adopted the title ' president ' or CEO. It generally has the same meaning as CEO or managing director . The title may also be used by a member of a board of directors for a corporation , such as a company , cooperative or nongovernmental organization , who usually holds a managerial position with

656-541: The Dictionary says that the use of "CEO" as an acronym for a chief executive officer originated in Australia , with 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

697-535: The CEO is also the president, is the vice president (VP). An organization may have more than one vice president, each tasked with 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

738-539: The Ministry of Industry's proposed plan for a new venture capital fund to support startups and small and medium-sized enterprises (SMEs) in gaining access to funding. In 2017, THTI and 22 cloth producers collaborated in the Electricity Generating Authority of Thailand (EGAT) Energy Efficiency Label No. 5 program to develop clothes to reduce the use of electricity from ironing. They specifically joined in

779-778: The Shirt No. 5 initiative that marked 24 years since this major national energy demand management program was initiated in 1993. On 18 February 2020, THTI's Executive director Chanchai Sirikasemlert said that the institute recently arranged business meetings between hospitals and textile suppliers so the former can produce products that serve the specific needs of hospitals. The institute also collaborate with textile machinery manufacturers to help textile producers improve their capacity to produce material and fabric from farm products such as pineapple peels, banana peels and coconut husks. The executive management of THTI as of June, 2020 consists of: THTI, along with seven sister institutes, falls under

820-618: The Thai textile industry at international events. Some events they have attended and their role: Some statistical reports are produced by the THTI. One report they produced was the Trend of Textile Export in 2005.A more recent example is the Thailand Textile Institute's (THTI's) 2010-2011 Thai Textile Statistics report which covers information on Thailand's textile industry such as its contribution to

861-525: 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

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902-422: 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

943-402: The board. In essence, the board grants the executive director the authority to run the organization. The executive director is accountable to the board of directors and reports to the board on a regular basis as defined by the organization's bylaws. The board sets the vision through a high-level strategic plan, but it is the role of the executive director to create implementation plans that support

984-617: 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 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

1025-516: The corporation. In this context the role is usually contrasted with a non-executive director who usually holds no executive, managerial role with the corporation. There is much national and cultural variation in the exact definition of an executive director. The title is used for the chief executive officer of several UN agencies, such as UN Women . In the US, an executive director is a chief executive officer (CEO) or managing director of an organization , company , or corporation . The title

1066-654: The country's GDP and amount and types of textiles produced. THTI also contributes to regional and international reporting and information sources such as the 2010 Guide to Investment Regimes of APEC Member Economies (7th Edition). THTI also is involved in textile design competitions. In 2015, THTI coordinated the SDC International Design Competition in Bangkok. THTI conducts collaborate work with universities and other organizations. Mr. Virat Tandaechanurat, THTI's former executive director , said that as part of

1107-780: The creation of the “Thai Textile Trend (T3) Style in Italy” brand, in conjunction with Italian fashion consultants. In 2005 THTI was involved in the Capacity Building for a Recycling-Based Economy in APEC project. In this project they co-organized a symposium for APEC Capacity Building on a Recycling-based Economy: Guidelines for Thailand where THTI's director, Mr. Virat Tandaechanurat, gave a presentation on Current Status of Recycling in Textile Industry in Thailand. Another project they participated in

1148-450: 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 a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim

1189-547: The effort to boost the industry’s success, in 2004 THTI launched the “Trendy Fabric Manufacturing by SMEs” project — aimed at improving the competitiveness and textile quality of smaller firms’ and established clusters of factories to provide one-stop shopping for buyers. Virat also pointed to the Bangkok Fashion City project — a US $ 46 million undertaking to develop an international fashion school, textile and garment industry development programs, and fashion road shows — and

1230-492: 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 the board of directors. In the case of a sole proprietorship , an executive officer is the sole proprietor. In

1271-562: 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

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1312-436: The organization. It corresponds to a CEO position in a for-profit corporation. The role of the executive director is to design, develop and implement strategic plans for the organization in a manner that is both cost and time-efficient. The executive director is also responsible for the day-to-day operation of the organization, which includes managing committees and staff as well as developing business plans in collaboration with

1353-626: The oversight of the Foundation for Industrial Development (FID), which is sometimes referred to in translation as The Industrial Development Foundation . The Board of Directors of the FID provides oversight to the Board of Directors of the institute. The other institutes under the FID are: On 1 March 2019, the driving committee of the institutions under the Ministry of Industry aimed to create public awareness of its network of institutions. An Industry Network logo

1394-409: 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

1435-793: The role of the main manager of the organization and the highest-ranking officer in the C-suite . The term "chief executive officer" 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,

1476-410: The strategic plan. The executive director is a leadership role for an organization and often fulfills a motivational role in addition to office-based work. Executive directors motivate and mentor members, volunteers, and staff, and may chair meetings. The executive director leads the organization and develops its organizational culture . In the UK, an executive director is a member of a board who

1517-409: 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

1558-457: 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

1599-790: 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

1640-400: Was a collaboration with Rajamangala University of Technology Thanyaburi (RMUTT) to develop green coconut fibers to produce textile products with special antibacterial features that suit the elderly. It was reported on November 8, 2016, that THTI, along with the 10 other independent organizations under the Ministry of Industry, were to be tasked to develop key Thai industries. This was part of

1681-462: Was created to be used in publicizing the mission of the institution networks as a symbol of their cooperation in driving Thailand’s mission in the digital age. THTI is one of the institutes in this network and displays the symbol as one of its members. Executive director Executive director is commonly the title of the chief executive officer (CEO) of a non-profit organization , government agency or international organization . The title

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