EVP vs. Head of
What's the Difference?
EVP (Executive Vice President) and Head of are both high-level positions within a company, typically reporting directly to the CEO. However, EVPs are usually responsible for overseeing a specific department or division within the organization, while Heads of are in charge of a particular function or area of the business. EVPs often have a broader scope of responsibilities and may be involved in strategic decision-making for the company as a whole, whereas Heads of focus more on operational and tactical aspects of their specific area. Both roles require strong leadership skills, strategic thinking, and the ability to drive results, but EVPs tend to have a more overarching role in the company's overall success.
Comparison
Attribute | EVP | Head of |
---|---|---|
Position in a company | Executive Vice President | Head of Department |
Responsibilities | Oversee multiple departments or functions | Lead a specific department or function |
Reporting structure | Reports directly to the CEO or President | Reports to the EVP or CEO |
Decision-making authority | High level of decision-making authority | Decision-making authority within their department |
Scope of influence | Company-wide or multi-departmental | Department-specific |
Further Detail
Responsibilities
Both the Executive Vice President (EVP) and Head of roles are high-level positions within an organization, typically reporting directly to the CEO. The EVP is often responsible for overseeing multiple departments or divisions within the company, while the Head of position is usually in charge of a specific area such as marketing, finance, or operations. The EVP is more focused on strategic planning and decision-making for the entire organization, while the Head of role is more hands-on and operational in nature.
Authority
When it comes to authority, the EVP typically has more power and influence within the organization compared to the Head of position. The EVP is often seen as the second-in-command to the CEO and is involved in high-level decision-making processes. They have the authority to make significant changes and set the direction for the company. On the other hand, the Head of role has authority within their specific area of responsibility but may not have as much influence over the overall direction of the organization.
Experience
Both EVP and Head of positions require a high level of experience and expertise in their respective fields. However, the EVP role typically requires more years of experience and a broader range of skills. EVPs are often seasoned executives with a track record of success in leadership roles. They are expected to have a deep understanding of the industry and the ability to navigate complex business challenges. On the other hand, the Head of position may require less overall experience but a more specialized skill set related to their specific area of responsibility.
Decision-making
When it comes to decision-making, the EVP is usually involved in setting the overall strategic direction of the organization. They are responsible for making key decisions that impact the company as a whole. The EVP works closely with the CEO and other senior leaders to develop long-term plans and goals for the organization. In contrast, the Head of role is more focused on making operational decisions within their area of responsibility. They are responsible for implementing the strategies set by the EVP and ensuring that their department or division meets its objectives.
Communication
Effective communication is essential for both EVP and Head of positions. The EVP must be able to communicate the company's vision and goals to employees, stakeholders, and the public. They are often the face of the organization and must be able to inspire and motivate others. The Head of role also requires strong communication skills, but their focus is more on internal communication within their department or division. They must be able to effectively convey information, delegate tasks, and provide feedback to their team members.
Salary
In terms of salary, EVPs typically earn more than Heads of departments or divisions. This is due to the higher level of responsibility and authority that comes with the EVP role. EVPs are often among the highest-paid executives in the company, reflecting their strategic importance to the organization. On the other hand, Heads of departments or divisions may still earn a competitive salary, but it is usually lower than that of an EVP due to the difference in scope and level of influence.
Conclusion
While both EVP and Head of positions are crucial to the success of an organization, they have distinct differences in terms of responsibilities, authority, experience, decision-making, communication, and salary. The EVP is typically more focused on strategic planning and decision-making for the entire organization, while the Head of role is more hands-on and operational in nature. Understanding these differences can help individuals determine which role aligns best with their skills and career goals.
Comparisons may contain inaccurate information about people, places, or facts. Please report any issues.