Corporate headquarters

Corporate headquarters
The Continental Center I and the KBR Tower, both part of the Cullen Center complex in Downtown Houston, have the corporate headquarters of Continental Airlines and KBR[1][2][3]

Corporate headquarters is a term used to describe the entity at the top of a corporation to take full responsibility for the overall success of the corporation, ensures Corporate Governance. Corporate headquarters is a key element of a corporate structure and cover different corporate functions such as strategic planning, corporate communications, tax, legal, marketing, finance, human resources and information technology. [4]

The corporate headquarters includes: the CEO (Chief Executive Officer) as a key person and his support staff such as the CEO office and other CEO related functions; the "Corporate policy making" functions: Include all corporate functions necessary to steer the firm by defining and establishing corporate policie; the Corporate Services: Activities that combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners; the Interface: Reporting line and bi-directional link between corporate headquarters and business units.[5]

The corporate services are often relocated into a separate legal entity called Shared Services Center.[6]

See also

References

  1. ^ "Headquarters Location." Continental Airlines. Retrieved on December 7, 2008.
  2. ^ "Locations." KBR. Retrieved on August 7, 2009.
  3. ^ Eriksen, Helen. "Will KBR ditch its Houston headquarters for Katy suburbia?." Houston Chronicle. April 30, 2008. Retrieved on January 13, 2009.
  4. ^ [Wanner, Herbert (2006): "Global and regional corporate headquarters"; in: Kählin, Christian, H. (Editor): Switzerland Business & Investment Handbook; Orell Füssli and Wiley]
  5. ^ [Wanner, Herbert, LeClef Xavier, Shimizu, Hiroshi (2004): Global Headquarters on the Move: From Administrators to Facilitators. Prims Second Semester 2004; Arthur D. Little]
  6. ^ [Wanner, Herbert, Quirina, Mireille J. (2004): DuPont, Philip Morris, Hewlett-Packard & Co – "Wohin mit der Konzernzentrale" (Whereto with the Corporate Headquarters)?; in: Odenthal, Stefan and Wissel, Gerhard (Hrsg): Strategische Investments in Unternehmen: Wie Sie Werte schöpfen, Kunden binden und Risiken managen; Gabler Verlag. ISBN 340912313X]

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