What is the role of a Senior Management Team in an organization?

The role of a Senior Management Team in an organization primarily revolves around managing day-to-day operations at the highest level. This team is responsible for setting strategic direction, making critical business decisions, and overseeing various departments to ensure that the organization's objectives and goals are met efficiently and effectively.

In addition to operational management, the Senior Management Team plays a crucial part in crafting policies, aligning resources with the company's vision, and establishing performance metrics. Their leadership influences the organizational culture and they are tasked with making high-stakes decisions that drive the company's long-term success.

Other functions, such as serving as financial auditors, handling customer service inquiries, or creating marketing campaigns, are typically delegated to specific departments or teams within the organization that specialize in those areas. The Senior Management Team focuses on overarching organizational leadership and strategic oversight rather than the routine or specialized tasks that are crucial to operational success.