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Headquarters

Command center for an organization

  • 3 min read
  • 4 chapters

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Corporate

In the private sector, the corporate headquarters is the entity at the top of a corporation that takes responsibility for managing all business activities. The intended benefit of headquarters is to carry out purposeful regulatory capacity and ensure corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions including strategic planning, corporate communications, tax payments, legal operations, marketing, finance, human resources, information technology, and procurement. This entity includes the chief executive officer (CEO) as a key person and their support staff such as the CEO office and other CEO-related functions; the "corporate policy making" functions, including all corporate functions necessary to steer the firm by defining and establishing corporate policies; the corporate services encompassing activities that combine or consolidate certain enterprise-wide needed support services, provided based upon specialized knowledge, best practices, and technology to serve internal (and sometimes external) customers and business partners; and the bidirectional interface between corporate headquarters and business units.

Business unit

A headquarters normally includes the leader of a business unit and their staff, as well as all functions to manage the business unit and operational activities. The head of the business unit is responsible for overall result of the business unit.

Regional

A headquarters sometimes functions at the top of a regional unit, including all activities of the various business units, taking full responsibility for overall profitability and success of this regional unit.

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