Senior List of Branch Managers:

Notes:
Banco De Oro
Bank of the Philippine Islands
Metropolitan Bank
Security Bank

Executive managers hold executive powers delegated to them with and by authority of a board of
directors and/or the shareholders. Generally, higher levels of responsibility exist, such as a board of
directors and those who own the company (shareholders), but they focus on managing the senior or
executive management instead of on the day-to-day activities of the business. The executive
management typically consists of the heads of a firm's product and/or geographic units and of
functional executives such as the chief financial officer, the chief operating officer, and the chief
strategy officer.[1] In project management, senior management authorises the funding of projects.[2]
Senior management are sometimes referred to, within corporations, as executive
management, top management, upper management, higher management, or
simply seniors.[citation needed]

Top management teams[edit]

A top management team (TMT) is a specific form of team which typically consists of some of the top
managers in a firm. However, there is no clear definition to what the top management team of an
organization is. It is put together by the chief executive officer (CEO) to work on a specific task.[3] In
working on this task, the team generally has a much higher responsibility and considerable
autonomy than other types of teams.
Possible tasks include

• ensuring the organization is effective and successful by taking on responsibility for the
implementation of an appropriate strategy that the organization can adapt to,
• effectively managing the demands of stakeholders,
• giving clear definitions of what constitutes effectiveness and success,
• ensuring the implementation of the strategy and the targeting of resources towards success
• reviewing if their actions are relevant to the organization's overall goals.
The way TMTs are put together and work together as a team can greatly differ from other teams.
This is mainly based on the fact that top managers have succeeded as individuals which often leads
to a focus on functional team objectives rather than to working interdependently on a shared goal.
TMTs consist of top managers from different functional areas of the firm, so they usually have
different areas of expertise. Diversity and heterogeneity in teams can have a positive effect
on teamwork. Nevertheless, there are also negative effects which have to be overcome as a team
like not valuing different opinions and perspectives. A CEO that models valuing behavior and
ensures the team has both a clear purpose and clear objectives can do just that. This also reduces
social categorization effects because it leads to team members focusing more on their shared goals
than on their differences.