cro meaning chief

Chief Risk Officer (CRO) is a corporate executive in charge of identifying, analyzing and mitigating internal and external events that could threaten a company. The estab-lishment of this position is a good first step in that direction. 1. A general manager is a person in charge of a department within a company. If you answered “no” or “not yet” that likely means your organization simply does not have someone with the title of Chief Revenue Officer (CRO) right now. The CRO is responsible for aligning company resources, defining differentiated go-to-market strategies and delivering on the company’s revenue performance goals. CRO. Techopedia explains Chief Risk Officer (CRO) As a company evolves, it may become apparent that a chief revenue officer is needed, and … In this role, a CRO is accountable for driving better integration and alignment between all revenue-related functions, including marketing, sales, customer support, pricing, and revenue management. ... Chief Regional Officer Namibia, Business, Company. Since these functions extend across multiple teams in most companies, a good CRO must maintain an excellent communication framework across the various organizational functions and share best practices among the revenue stream managers in order to maximize revenue production. If we think in terms of standard corporate acronyms like CEO and CFO, CRO could still have several different meanings. The chief risk officer is responsible for analyzing and governing that company's risk. business, management, organizations. Meaning of CRO. Chief Regulatory Officer ... Contract Research Organization Medical, Medical Research, Pharmaceutics. Printer friendly. … Chief Risk Officer. Enterprise risk management (ERM) is a business strategy that identifies and prepares for hazards that may interfere with a company's operations and objectives. Position Description Chief Risk Officer (CRO) Comments The following job description and qualifications can vary considerably, depending on the nature of the industry in which the job is located and the size of the organization. You see, asking whether you have a CRO is a trick question because even if a company does not have a formal CRO role, someone is acting in the capacity of a CRO. 143 definitions of CRO. No. A chief revenue officer (CRO) is a corporate officer (executive) responsible for all revenue generation processes in an organization. In most companies, the CRO is tasked with primary or shared responsibility for operations, sales, corporate development, marketing, pricing, and revenue management. No. This individual may be involved in the business’ new sales, existing client base sales, marketing, and collaboration, and partner strategy. If a company maintains locations or sends employees to areas that have potential threats to their safety and health, a CRO must assess and create plans of action in response. A CRO must also monitor procedures that might give rise to risk exposure. CRO abbreviation. The CRO oversees the traditional responsibilities of the VP of Sales and the Chief Marketing Officer and is a member of the senior team overseeing go-to-market strategy and execution. Another name for the CRO is the Chief Risk Management Officer. An internal audit checks a company’s internal controls, corporate governance, and accounting processes. Definition; CRO: Chief Risk Officer (corporate title) CRO: Contract Research Organization (aka Clinical Research Organization) CRO: Croatia: CRO: Clinical Research Organization (Pharmaceutical/Regulatory) CRO: Cathode-Ray Oscilloscope (electronic test instrument) CRO: Centre Régional de l'Occasion (French: Regional Center of Opportunity) CRO management, business, service. The interim CRO’s job is to come in and manage the crisis, so that management can get back to running the company. ... A New Breed of CRO Rises Like a … The position overview follows. In this role, a CRO is accountable for driving better integration and alignment between all revenue-related functions, including marketing, sales, customer support, pricing, and revenue management.[1]. A Revenue Storm White Paper Authored by: LaVon Koerner President and Chief Revenue Officer The Role of a Chief Revenue Officer (CRO) Vol. If there are lapses in that security – such as when an employee allows an unauthorized person, even within the company, to have access to a company computer that contains such data – it can be a form of exposure that a CRO must address. Out of this need to formalise a C-level role where none normally exists, the Chief Restructuring Officer role was born. By developing internal controls and overseeing internal audits, threats from within a company can be identified before they result in regulatory action. 1 Unauthorized access to sensitive data may also constitute a competitive risk if there is the potential for rival organizations to use such information to take away clients or otherwise damage the public image of the company. A CRO must also monitor procedures that might give rise to risk exposure. Companies are increasingly aware of the need for a dedicated focus on revenue growth. CFO – Chief Financial Officer – This person manages the corporation’s financial risk. Has become one of the hottest trends in Silicon Valley originated in and! Rises like a … Military CRO abbreviation meaning defined here negative impact events... Actuarial backgrounds corporate governance, and guard intellectual property like with any corporate officer ( CRO ) is company! 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