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In addition to CEO, there are also chief operating officers, CXO, CTO and CFO in the company. What do they stand for?
1, CEO

The chief executive officer (secretary) is a senior professional title.

In economic organizations, the chief executive officer (CEO for short) is the highest administrative official in charge of daily affairs in enterprises, and is also called secretary, CEO, general manager or CEO.

In political organizations, the CEO is the head of the government, equivalent to the highest official in charge of administrative affairs at the level of chairman of the Council of Ministers, prime minister, prime minister, cabinet, president of the Executive Yuan and chairman of the government.

2. Chief Operating Officer

Chief Operating Officer (COO) is an official who formulates the long-term strategy of an enterprise and supervises the implementation of the general manager of each branch. Mainly responsible for the daily operation of the company and assisting the CEO. Be responsible for the CEO and the management of the enterprise. Chief operating officers are presidents in some companies, but they are usually executive or senior vice presidents.

3、CXO

The "X" of CXO is a pronoun, representing a specific position in a modern company. CXO is the product of modern company system, and it is an institutional manifestation of the separation of ownership and management rights. CXO is also a position in the latest e-commerce industry, and the chief surprise officer of e-commerce enterprises, as the name implies, is translated into CXO in English.

4. Chief Technology Officer

Chief technology officer, that is, the highest person in charge of technology in the enterprise. This name began in the United States in the1980s, and it is very popular among large companies that have done a lot of research.

5. Chief Financial Officer

Chief financial officer is the inevitable product of the development of corporate governance structure to a new stage. The governance structure without CFO is not a perfect governance structure in the modern sense. From this perspective, China should also set up CFO and other positions to build its own governance structure.

Of course, in essence, the real significance of CFO in modern governance structure is not the change of its name and the granting of official positions, but the acquisition of its responsibilities and authority and the real play of its role in management.

Extended data:

The CFO advises the CEO on his decision.

Because the financial department is a comprehensive department with sensitive contact and information feedback, financial indicators, capital occupation, capital turnover speed, etc. , reflecting the main contents of the enterprise's production and business activities.

Therefore, CFO should analyze, study and evaluate various business plans from the financial point of view, provide the basis for CEO to make the final decision, and be a good consultant.

The CFO should provide the basis for the CEO's business decision. Once the decision is made to implement it, the CFO's task will be changed to raise funds for the implementation of the plan. In the process of financing, CFO should also compare the financing costs of various financing schemes and choose an economic and reasonable financing combination to ensure the timely and quantitative supply of funds.

CFO should also make good use of funds, reduce and avoid unreasonable waste in the use of funds, and improve the utilization rate of funds. Find and solve the problems in the use of funds in time, speed up the turnover of funds, improve the effect of the use of funds, and provide financial guarantee for the chief financial officer to achieve the enterprise goals.

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