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Senior management - Definition and Overview |
| Related Words: Acme, Action, Administration, Agency, Archon, Auspices, Austerity, Authority, Authorization, Board, Bosses, Bureaucracy, Cabinet, Chancellor, Charge |
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Senior management is generally a team of individuals at the highest level of organizational management who have the day-to-day responsibilities of managing a corporation. There are most often higher levels of responsibility, such as a board of directors and those who own the company (shareholders), but they focus on managing the senior management instead of the day-to-day activities of the business.
They are sometimes referred to, within corporations, as top management or simply seniors.
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