These days, some of the most accomplished corporate-level presidents prefer to start their own companies. We can handle either option. This type of President may be in charge of a large corporation's division, operating unit, new startup venture, joint venture or other entity. Full Profit and Loss responsibility is the norm. The President, General Manager or Managing Director who may be considered or called the President of a corporate business unit, division, plant or country-level operation .
Autonomy can be great or limited.
This type of President may supervise a report structure including all or parts of Engineering, Manufacturing Operations, Finance, Sales and Marketing and Purchasing. P and L responsibility is typical. Typically, this person is coming from a manufacturing operations or materials background, but may have had other experiences. Typically, this person does not supervise Sales and Marketing, although there may be local purchasing and IT reports in addition to the traditional manufacturing and quality oversight. Some degree of responsibility for Profit and Loss is increasingly common, at least in terms of being accountable for manufacturing cost and dollar returns.