Altobello Model

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Latest revision as of 13:14, 11 September 2019

The Altobello Model is the collective name for a system of model laws concerning corporate culture, governance, and hierarchy in the Auresian Empire. It is a combination of standards - some official laws and some unofficial traditions - that have been the general metric which influences the methods governing everything from daily operations to the power structure of corporate entities established and operating within the Empire.

The Model first began to gain in popularity in the later years of the Pan-Anarian War, as economists and industrialists alike began to develop an outlook that for the Empire to survive the PAW and prosper in its aftermath, some standardization would be required. The key impetus for the development of the Model was due to variations in how a corporation was defined, and the eventual recognition that action by Parliament would be required to rein in the confusion. The variations and uncertainties had resulted in many lawsuits in which promoters were sued personally for obligations ostensibly incurred in the name of various nascent corporations. The adoption of the Model would bring greater clarity to such confusion and to corporate law issues.

The Model is named after Salvatore Altobello, a prominent Auresian economist and financier who was one of the most influential voices in Imperial economics and business during the PAW. His considerable wealth and business acumen had built an expansive network of industrial production and logistical support through which he supported the Empire's war efforts, and which earned him a life peerage the year the PAW ended. Immediately post-war, his lobbying played a significant role in the adoption, between 7552 and 7555, of three key laws which would form the core of the new Model - the Standard Business Corporation Act, the Trades Descriptions Act, and the Sale of Goods Act.

The Model is also occasionally referred to as the "Altobello Code", as some within corporate Auresia see it as an almost-sacred metric by which honourable and equitable business is conducted. Its prominence has influenced similar systems in other nations in the years since its adoption.

Contents

Aspects

Corporate Culture

Corporate Governance

Board of Directors

The collective central decision making body of a firm, be it a for-profit or not-for-profit entity. The powers, duties, and responsibilities of each firm's board is determined by a combination of government regulations and the bylaws and charter of the firm itself. Its membership consists of the top leadership of the firm, and those responsible for overseeing and enforcing the policies and operations of the firm.

Supervisory Board

A group of individuals chosen by the stockholders of a firm to represent them and promote their interests to the board of directors. They meet with the board of directors on a regularly scheduled basis, and likewise attend the monthly shareholders meetings. The size of the supervisory board is dependent upon the size of the firm itself.

Corporate Structure

The corporate structure (or hierarchy) is the system which shows what duties and responsibilities individual employees have within an organization. These structures are used by both publicly and privately held for-profit firms.

While the general titles are standardised, firms will list additional information onto the title to detail the employee's duties and specialisation(s). The is additional data is known as that person's "occupational specialty". For example, a senior associate in the Production Department of Effedi Automotive, responsible for a station on the manufacturing line, will have the occupational specialty "Senior Associate (Machinist)" listed in their personnel record, tax record, and on their weekly pay slip. A supervisor in the same department in charge of the paint and detailing section will have the occupational specialty "Supervisor (Paint & Detailing)".

Senior Management

The highest-level executives in any firm are collectively known as "senior management", and are known as directors, and form what is commonly known in business slang as the "E-Suite". These officials are directly responsible for overseeing a firm's day-to-day operations and business.

  • Managing Director
  • Director (with most common types listed below)
    • of Accounts
    • of Administration
    • of Analytics
    • of Communications
    • of Compliance
    • of Information
    • of Legal Services
    • of Marketing
    • of Procurement
    • of Production
    • of Quality Assurance
    • of Research & Development
    • of Risk Management
    • of Sales
    • of Security

Management

Regular management in any firm consists of the personnel who directly oversee the regular staff and are the "front line" of operations oversight.

  • Manager
  • Supervisor

Staff

Staff in any firm are the rank and file personnel who handle the duties which fulfill daily obligations that meet the inside needs and outside requests of the firm by its clients and partners.

  • Team Leader
  • Senior Associate
  • Associate
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