Head of the co.

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Possible Answers: CEO, PRES.

Random information on the term “CEO”:

CEO succession refers to the process by which boards of directors ensure that their organization has the ability to sustain excellence in CEO leadership over time, with transitions from one leader to the next. CEO succession is one of key functions of a board of directors. Changing the head of an enterprise impacts company culture, board/CEO relations, and perceptions from multiple constituencies inside and outside the business. The disruption that occurs can impact performance in a positive, neutral or negative manner. Successful companies manage this process well in advance with a concerted set of processes and milestones. Effective CEO succession requires a well-defined program that ensures a supply of highly capable candidates ready to assume the CEO position whether through an unexpected event or a planned transition. Success or failure of a CEO transition is influenced by a host of obvious and non-obvious factors, many of them of a social/psychological nature. How these factors are managed can have an enormous impact on the performance and status of the organization.

CEO on Wikipedia

Random information on the term “PRES”:

French university associations known as “pôles de recherche et d’enseignement supérieur” (PRES; English: centers for research and higher education) were a form of higher-level organization for universities and other institutions established by French law in effect from 2007 to 2013. The 2013 Law on Higher Education and Research (France) discontinued the PRES; these have been largely replaced by the new associations of universities and higher education institutions (French translation abbreviated ComUE). The list below indicates the status of those institutions designated as PRES or related associations before the 2013 law took effect. See the list of public universities in France for the current status of these institutions.

The reforms of French higher education in 1968-1971 broke apart several public universities into numerous autonomous successor universities. For example, the University of Paris was split into thirteen universities, Paris I through Paris XIII. These universities have subsequently formed groupings in order to pool resources and better advance their joint activities. Some of these groupings, which typically take the legal form of a groupement d’interêt public, or GIP, are themselves called universities or university centers. In addition to universities, they may include other institutions of higher education and research as well as municipal and regional governments. The process has accelerated with the law of 18 April 2006 on the reform of research in France. This has permitted the creation of tighter groupings called pôles de recherche et d’enseignement supérieur, or PRES. In addition, there are a number of consortia of engineering schools, such as the Grenoble Institute of Technology, that are so tightly united as to be listed as if they were single universities by the Ministry of Higher Education and Research.

PRES on Wikipedia

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