A chief executive officer ( CEO ), also known as a chief executive or managing director , is the top-ranking corporate executive charged with the management of an organization , usually a company or a nonprofit organization .
78-538: The Ray & Joan Kroc Corps Community Centers , or Kroc Centers , is a group of community centers run by the Salvation Army . The centres have been funded by Joan Kroc , the widow of McDonald's restaurants executive Ray Kroc . In 1998, Joan Kroc donated $ 87 million (equivalent to $ 163 million in 2023) to the Salvation Army to build and endow the first Kroc Center in San Diego, California , on what
156-464: A Salvation Army Guards and Legions Association (SAGALA). In the United States youth groups that are specifically for girls are known as Girl Guards (older girls) and Sunbeams (younger girls). Adventure Corps serves boys who are enrolled in school for first through eighth grades, and is sometimes separated into Rangers (6th–8th Grade) and Explorers (5th Grade and younger). In the 21st century,
234-488: A company's business decisions, including those in operations, marketing, business development , finance, human resources , etc. The use of the CEO title is not necessarily limited to describing the head of a company. For example, the CEO of a political party is often entrusted with fundraising, particularly for election campaigns. In some countries, there is a dual board system with two separate boards, one executive board for
312-402: A facade of charm and eloquence. Traits such as courage and risk-taking, generally considered desirable, are often found alongside these psychopathic tendencies. Tara Swart, a neuroscientist at MIT Sloan School of Management , has suggested that individuals with psychopathic traits thrive in chaotic environments and are aware that others do not. As a result, they may intentionally create chaos in
390-462: A formal delegation of authority regarding business administration . Typically, responsibilities include being an active decision-maker on business strategy and other key policy issues, as well as leader , manager, and executor roles. The communicator role can involve speaking to the press and to the public, as well as to the organization's management and employees; the decision-making role involves high-level decisions about policy and strategy. The CEO
468-430: A mainstream Christian format with video screens showing words to music so that the audience can sing along. The early Salvation Army bands were known for their excitement and public appeal, and the modern ensemble keeps to this ideology. Traditional hymns are blended with other musical pieces from Christian Music Publishers such as Vineyard Music , Hillsong , and Planet Shakers to name but a few. The Soldier's Covenant
546-566: A religious minister, which was unusual at the time. The Foundation Deed of the Christian Mission states that women had the same rights to preach as men. William Booth described the organisation's approach: "The three 'S's' best expressed the way in which the Army administered to the 'down and outs': first, soup; second, soap; and finally, salvation." In 1880, the Salvation Army started work in three other countries: Australia, Ireland, and
624-463: A service to be a member of the Salvation Army in any capacity (as a Soldier, Adherent, or Officer). Services in Salvation Army churches feature a variety of activities: Local corps usually sing contemporary worship music songs in Sunday worship services as well as traditional hymns from the official Songbook of the Salvation Army. Music is often accompanied by a brass band. Many American corps adopted
702-507: A six-month rehabilitation commitment to live and work at the ARC residence. They are unpaid, but provided with room and board. Many ARCs are male-only. The program is primarily to combat addiction. Residents work at the warehouse, store, or residence. This is referred to as "work therapy". They attend classes, twelve-step programs , and chapel services as a part of their rehabilitation. The Army advertises these programs on their collection trucks with
780-599: A source of criticism following a dramatic rise in pay relative to the average worker's wage . For example, the relative pay was 20-to-1 in 1965 in the US, but had risen to 376-to-1 by 2000. The relative pay differs around the world, and, in some smaller countries, is still around 20-to-1. Observers differ as to whether the rise is due to competition for talent or due to lack of control by compensation committees. In recent years, investors have demanded more say over executive pay. Lack of diversity amongst chief executives has also been
858-504: A source of criticism. In 2018, 5% of Fortune 500 CEOs were women. In 2023 the number rose to 10.4% of for Women CEO's of Fortune 500 companies . The reasons for this are explained or justified in various ways, and may include biological sex differences, male and female differences in Big Five personality traits and temperament, sex differences in psychology and interests, maternity and career breaks, hypergamy , phallogocentrism ,
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#1732772154656936-635: A uniform tailored to the country in which they work; the uniform can be white, grey, navy, or fawn and are even styled like a sari in some areas. Any member of the public is welcome to attend their meetings. As the Salvation Army grew rapidly in the late 19th century, it generated opposition in England. Opponents, grouped under the name of the Skeleton Army , disrupted Salvation Army meetings and gatherings with tactics such as throwing rocks, bones, rats, and tar as well as physical assaults on members of
1014-431: A volunteer army." Bramwell Booth heard his father and said, "Volunteer! I'm no volunteer, I'm a regular!" Railton was instructed to cross out the word "volunteer" and substitute the word "salvation". The Salvation Army was modelled after the military, with its own flag (or colours) and its own hymns, often with words set to popular and folkloric tunes sung in the pubs. Booth and the other soldiers in "God's Army" would wear
1092-690: Is a member of the National Council for Voluntary Youth Services ( NCVYS ). The Salvation Army works with a specialist team in partnership with the UK service Modern Slavery Helpline (telephone 0800 0121 700) to help people who have been exploited for labor or profits. The organisation also assists homeless people by running 461 hostels and 20 refugee programmes. In 2020, during the COVID-19 pandemic, The Salvation Army donated 224,603,024 meals and 1,822,412 personal protective equipment supply kits in
1170-524: Is an evangelical part of the universal Christian church. Its message is based on the Bible. Its ministry is motivated by the love of God. Its mission is to preach the gospel of Jesus Christ and to meet human needs in His name without discrimination. Early beliefs of the Salvation Army were influenced by the book Helps to Holiness , which influenced spiritual life in the Army for a generation. The sacred text of
1248-399: Is not conferred, nor can it be taken away by human agreement." The Salvation Army official stance admitted in 2010 exceptions in cases such as rape and incest: "In addition, rape and incest are brutal acts of dominance violating women physically and emotionally. This situation represents a special case for the consideration of termination as the violation may be compounded by the continuation of
1326-426: Is not in itself blameworthy nor is the disposition seen as rectifiable at will.... Homosexual practice however, is, in the light of Scripture, clearly unacceptable. Such activity is chosen behaviour and is thus a matter of the will. It is therefore able to be directed or restrained in the same way heterosexual urges are controlled. Homosexual practice would render any person ineligible for full membership (soldiership) in
1404-485: Is not sold on location is often sold wholesale on the global secondhand clothing market . The Salvation Army's fundraising shops in the United Kingdom participated in the UK government's Work Programme , a workfare programme in which benefit claimants had to work for no compensation for 20 to 40 hours per week over periods as long as six months. When people buy items at Salvation Army thrift stores, part of
1482-402: Is often used in lieu of chief executive officer. Business publicists since the days of Edward Bernays (1891–1995) and his client John D. Rockefeller (1839–1937) and even more successfully the corporate publicists for Henry Ford , promoted the concept of the " celebrity CEO". Business journalists have often adopted this approach, which assumes that the corporate achievements, especially in
1560-519: Is sacred and that each human being, however wretched, can become a new person in Christ." In 2012, the Salvation Army, Australian Territories published a "Positional Statement on Homosexuality" after receiving adverse publicity about their position on homosexuality . The Bible teaches that God's intention for humankind is that society should be ordered on the basis of lifelong, legally sanctioned heterosexual unions.... A disposition towards homosexuality
1638-418: Is sometimes included as one such subordinate executive officer, but, as suggested by Anthony Johndrow, CEO of Reputation Economy Advisors, it can also be seen as "simply another way to add emphasis to the role of a modern-day CEO – where they are both the external face of, and the driving force behind, an organization culture". In the US, the term "chief executive officer" is used primarily in business, whereas
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#17327721546561716-427: Is tasked with implementing the goals, targets and strategic objectives as determined by the board of directors. As an executive officer of the company, the CEO reports the status of the business to the board of directors, motivates employees, and drives change within the organization. As a manager, the CEO presides over the organization's day-to-day operations. The CEO is the person who is ultimately accountable for
1794-463: Is that enrollment as a Soldier by accepting the call to discipleship should be followed by a lifetime of continued obedient faith in Christ. The Commission's considered opinion of Holy Communion is that God's grace is readily accessible in all places and at all times, although Salvationists may participate in Holy Communion if attending a service of worship in another Christian denomination if
1872-449: Is the creed of the Salvation Army. All members of the church are allowed to subscribe to this creed; every person has to sign the document before they can become enrolled as a Soldier. Members have traditionally been referred to as "soldiers" of Christ. These were formerly known as the "Articles of War", and include "Having received with all my heart the salvation offered to me by the tender mercy of God, I do here and now acknowledge God
1950-479: Is to prevent a conflict of interest and too much power being concentrated in the hands of one person. In the United States, the board of directors (elected by the shareholders ) is often equivalent to the supervisory board, while the executive board may often be known as the executive committee (the division/subsidiary heads and C-level officers that report directly to the CEO). In the United States, and in business,
2028-650: Is to restore (or to sustain) family relationships where contact has been lost, whether recently or in the distant past. Thousands of people are traced every year on behalf of their relatives. The Salvation Army includes many youth groups, which primarily consist of its Sunday schools and the Scout and Guide packs. The Scout and Guide packs are affiliated with and sponsored by the Salvation Army but are open units that allow anyone to join. These units/packs observe Christian standards and encourage young people to investigate and develop in their Christian faith. Some territories have
2106-900: The American National Red Cross , Southern Baptist Convention , and other disaster relief organisations, are members of the National Voluntary Organisations Active in Disaster (NVOAD). Around the world, the Salvation Army have emergency services support emergency disaster services in the United States. These are mobile canteen vehicles that provide food and other welfare to members of the Emergency Services at bushfires , floods , land search , and other large- and small-scale emergency operations undertaken by Police, Fire, Ambulance, and State Emergency Service members, and to
2184-837: The C-suite . The term "chief executive officer" is attested as early as 1782, when an ordinance of the Congress of the Confederation of the United States of America used the term to refer to governors and other leaders of the executive branches of each of the Thirteen Colonies . In draft additions to the Oxford English Dictionary published online in 2011, the Dictionary says that
2262-703: The United Kingdom , the Salvation Army is no longer the largest non-governmental provider of social services; however, it still provides a significant service to people in need. The Salvation Army is the fourth largest charity in the United States , with private donations in excess of US$ 2 billion in 2022. It is a member of many national interdenominational groups, including the American organisation Christian Churches Together . The Salvation Army refers to its ministers as "officers". When they are acting in their official capacities, they can often be recognised by
2340-449: The ordination of women . Salvation Army officers were previously allowed to marry only other officers (this rule varied in different countries); but this rule has been relaxed in recent years. Husbands and wives usually share the same rank and have the same or similar assignments. Such officer-couples are assigned together to act as co- pastors and to administer corps, Adult Rehabilitation Centres, and such. The Army has churches throughout
2418-863: The tragedies of the Galveston Hurricane of 1900 and the 1906 San Francisco earthquake . General Evangeline Booth offered the services of Salvationists to President Woodrow Wilson during the First World War. The Salvation Army is a nongovernmental relief agency . After the Indian Ocean tsunami in 2004, they arrived at the disaster sites to help retrieve and bury the dead. Since then they have helped rebuild homes and construct new boats for people to recover their livelihood. Members were prominent among relief organisations after Hurricane Hugo and Hurricane Andrew . In August 2005, they supplied drinking water to poor people affected by
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2496-569: The Army's own uniform for meetings and ministry work. He became the " General " and his other ministers were given appropriate ranks as " officers ". Other members became " soldiers ". When William Booth became known as the General, Catherine was known as the "Mother of The Salvation Army". William was motivated to convert poor Londoners such as prostitutes, gamblers, and alcoholics to Christianity , while Catherine spoke to wealthier people, gaining financial support for their work. She also acted as
2574-517: The Army. On 8 December 2017, the Salvation Army released an International Positional Statement on racism which says that racism is "fundamentally incompatible with the Christian conviction that all people are made in the image of God and are equal in value. The Salvation Army believes that the world is enriched by a diversity of cultures and ethnicities." In the United States, the Salvation Army's first major forays into disaster relief resulted from
2652-514: The Booths to start their own church. The Booths did not include the use of sacraments (mainly baptism and Holy Communion ) in the Army's form of worship, believing that many Christians had come to rely on the outward signs of spiritual grace rather than on grace itself. Other beliefs are that its members should completely refrain from drinking alcohol (Holy Communion is not practised), smoking, taking illegal drugs, and gambling. Its soldiers wear
2730-535: The CEO is also the president, is the vice president (VP). An organization may have more than one vice president, each tasked with a different area of responsibility (e.g., VP of finance, VP of human resources). Examples of subordinate executive officers who typically report to the CEO include the chief operating officer (COO), chief financial officer (CFO), chief strategy officer (CSO), chief marketing officer (CMO) and chief business officer (CBO). The public relations -focused position of chief reputation officer
2808-524: The Christian religion... of education, the relief of poverty, and other charitable objects beneficial to society or the community of mankind as a whole". The Salvation Army was founded in 1865 as the "East London Christian Mission" in London by one-time Methodist preacher William Booth and his wife Catherine . It can trace its origins to the Blind Beggar Tavern. In 1878, Booth reorganised
2886-701: The Father to be my King; God the Son, Jesus Christ our Lord, to be my Saviour; and God the Holy Spirit to be my Guide, Comforter and Strength, and I will, by His help, love, serve, worship and obey this glorious God through time and in eternity." Positional Statements describe Salvation Army policy on various social and moral issues. They are carefully considered by the International Headquarters of The Salvation Army . They are derived from work by
2964-640: The Holiness Methodist tradition, the Salvation Army lays emphasis on the New Birth (first work of grace) and entire sanctification (second work of grace). A distinctive characteristic of the Salvation Army is its use of titles derived from military ranks , such as " lieutenant " or " major ". The Army's doctrine is aligned with the Wesleyan–Arminian tradition, particularly the holiness movement . The Army's purposes are "the advancement of
3042-522: The International Moral and Social Issues Council. The Salvation Army opposes euthanasia and assisted suicide . Its official stance on abortion is that "The Salvation Army believes in the sanctity of all human life and considers each person to be of infinite value and each life a gift from God to be cherished, nurtured and redeemed. Human life is sacred because it is made in the image of God and has an eternal destiny. (Genesis 1:27) Sacredness
3120-824: The Kroc Center in Atlanta, Georgia , formally known as The Salvation Army Ray and Joan Kroc Center: A Center for Worship and Education, broke ground in 2007. The San Francisco Kroc Center received $ 53 million (equivalent to $ 99 million in 2023). In 2023, there are 25 Kroc Centers across 20 US states, as well as one in Puerto Rico. The centers work to reach their local community with services including sports, health education, music, youth groups, counselling, financial literacy classes, food distribution and emergency help. Each center also holds at least one church service every week. Every year about five million people visit
3198-677: The Kroc Centers. The Salvation Army Wesleyan Holiness Connection The Salvation Army ( TSA ) is a Protestant Christian church and an international charitable organisation headquartered in London , England . It is aligned with the Wesleyan-Holiness movement . The organisation reports a worldwide membership of over 1.7 million, consisting of soldiers, officers, and adherents who are collectively known as salvationists. Its founders sought to bring salvation to
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3276-460: The Salvation Army in a new country; sometimes Salvationists emigrated to countries and started operating as "the Salvation Army" on their own authority. When the first official officers arrived in Australia and the United States, they found groups of Salvationists already waiting for them and started working with each other. The Army's organised social work began in Australia on 8 December 1883 with
3354-456: The Salvation Army in the United Kingdom created a branch for the youth, called Alove: the Salvation Army for a new generation. Its purpose is to free the youth of the church and their communities to express themselves and their faith in their own ways. Its mission statement is "Calling a generation to dynamic faith, radical lifestyle, adventurous mission and a fight for justice". It emphasises worship, discipleship, missions, and social action. Alove
3432-558: The Salvation Army is the Bible , and the beliefs of the Salvation Army rest upon these eleven doctrines: The denomination does not celebrate sacraments , such as Baptism and Holy Communion . The position of the International Spiritual Life Commission, which is convened by the general to examine and identify aspects of the Army's life which are essential or integral to the spiritual growth, opinion
3510-511: The Salvation Army. Much of this was led by pub owners who were losing business because of the Army's opposition to alcohol and its targeting of the frequenters of saloons and public houses. In 1882, the Salvation Army was established in Asia with the first outpost in India. The Army also established outposts in Australia in 1879, Japan in 1895, and China in 1915. The Salvation Army's reputation in
3588-480: The UK, chief executive and chief executive officer are used in local government , where their position in law is described as the "head of paid service", and in business and in the charitable sector . As of 2013 , the use of the term director for senior charity staff is deprecated to avoid confusion with the legal duties and responsibilities associated with being a charity director or trustee, which are normally non-executive (unpaid) roles. The term managing director
3666-463: The United States and one of the largest in the world, with expenditures including operating costs of US$ 3.6 billion in 2022, assisting more than 32 million people in the U.S. alone. In addition to funding feeding centres, homeless shelters, rehabilitation centres , community centres , and disaster relief, the organisation also establishes refugee camps , especially among displaced people in Africa. In
3744-413: The United States improved as a result of its disaster relief efforts following the Galveston Hurricane of 1900 and the 1906 San Francisco earthquake . Today, in the U.S. alone, over 25,000 volunteer bell ringers with red kettles are stationed near retail stores during the weeks preceding Christmas for fundraising. The church remains a highly visible and sometimes controversial presence in many parts of
3822-411: The United States throughout the past seventy-five years. Chief executive officer CEOs find roles in various organizations, including public and private corporations , nonprofit organizations , and even some government organizations (notably state-owned enterprises ). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing
3900-514: The United States. The Salvation Army was founded in London's East End in 1865 by one-time Methodist Reform Church minister William Booth and his wife Catherine Booth as the East London Christian Mission, and this name was used until 1878. The name "The Salvation Army" developed from an incident on 19 and 20 May 1878. William Booth was dictating a letter to his secretary George Scott Railton and said, "We are
3978-565: The United States. Salvationists set out for the U.S. in 1880. George Scott Railton and his team started work in Harry Hill's Variety Theatre on 14 March 1880. The first notable convert was Ashbarrel Jimmie who had so many convictions for drunkenness that the judge sentenced him to attend the Salvation Army. The corps in New York were founded as a result of Jimmys' rehabilitation. It was not always an Officer of The Salvation Army who started
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#17327721546564056-422: The arena of manufacturing, are produced by uniquely talented individuals, especially the "heroic CEO". In effect, journalists celebrate a CEO who takes distinctive strategic actions. The model is the celebrity in entertainment, sports, and politics – compare the " great man theory ". Guthey et al. argues that "...these individuals are not self-made, but rather are created by a process of widespread media exposure to
4134-617: The case of a partnership , an executive officer is a managing partner, senior partner, or administrative partner. In the case of a limited liability company , an executive officer is any member, manager, or officer. Depending on the organization, a CEO may have several subordinate executives to help run the day-to-day administration of the company, each of whom has specific functional responsibilities referred to as senior executives, executive officers or corporate officers. Subordinate executives are given different titles in different organizations, but one common category of subordinate executive, if
4212-576: The colour-coded epaulettes on their white uniform dress shirts. The epaulettes have the letter " S " embroidered on them in white. Officer ranks include Lieutenant, Captain, Major, Lieutenant Colonel, Colonel, Commissioner, and General. Promotion in rank from Lieutenant to Major depends primarily on years of service. Officers are given Marching Orders to change ministries within the Salvation Army. Usually, officers are given new marching orders every two to five years and reassigned to different posts, sometimes moving great distances. The Salvation Army permits
4290-450: The day-to-day business and one supervisory board for control purposes (selected by the shareholders). In these countries, the CEO presides over the executive board and the chairperson presides over the supervisory board, and these two roles will always be held by different people. This ensures a distinction between management by the executive board and governance by the supervisory board. This allows for clear lines of authority. The aim
4368-526: The emotional and spiritual needs of 277,000 individuals. As part of the effort, Salvation Army officers, employees, and volunteers contributed more than 900,000 hours of service. The Salvation Army was one of the first relief agencies on the scene of the September 11 attacks in New York City in 2001. They also provided prayer support for families of missing people. The Salvation Army, along with
4446-576: The establishment of a home for ex-convicts. In 1891, William Booth established a farm colony in Hadleigh, Essex, which allowed people to escape the overcrowded slums in London's East End. A fully working farm with its own market-gardens, orchards, and milk production, it provided training in basic building trades and household work. The Salvation Army's main converts were at first alcoholics, morphine addicts, prostitutes, and other "undesirables" unwelcome in polite Christian society, which helped prompt
4524-506: The executive officers are usually the top officers of a corporation, the chief executive officer (CEO) being the best-known type. The definition varies; for instance, the California Corporate Disclosure Act defines "executive officers" as the five most highly compensated officers not also sitting on the board of directors. In the case of a sole proprietorship , an executive officer is the sole proprietor. In
4602-562: The existence of old boy networks , tradition, and the lack of female role models in that regard. Some countries have passed laws mandating boardroom gender quotas. In 2023 Rockefeller Foundation awarded a grant to Korn Ferry to research strategies and then action a plan to help more women to become CEO's. There are contentious claims that a significant number of CEO's have psychopathic tendencies, often characterized by power-seeking behavior and dominance. These individuals can often conceal their ruthlessness and antisocial behavior behind
4680-534: The general public affected by such events. Volunteers and officers run the canteen service. They respond when emergency services have been on the scene for more than four hours or where four or more Fire vehicles are responding. The Family Tracing Service (sometimes known as the Missing Persons Service) was established in 1885, and the service is now available in most of the countries where The Salvation Army operates. The Tracing Service's objective
4758-583: The heat wave in the United States. Later in 2005 they responded to hurricanes Katrina and Rita . They helped the victims of an earthquake in Indonesia in May 2006. Since Hurricane Katrina struck the Gulf Coast, the Salvation Army has allocated donations of more than US$ 365 million to serve more than 1.7 million people in nearly every American state. The Army's immediate response to Hurricane Katrina included
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#17327721546564836-455: The host Church allows. Although its officers conduct marriages, the Salvation Army holds a traditional Protestant belief that marriage was not instituted by Christ and therefore is not a sacrament. The mercy seat is a focal point in a Salvation Army Church, symbolizing God's call to his people, and a place for commitment and communion, and is available for anyone to kneel at in prayer. The Salvation Army does not require anyone attending
4914-407: The mission, becoming its first general and introducing the military structure, which it has retained as a matter of tradition. The Salvation Army's highest priority is its Christian principles. As of 2023 the international leader and chief executive officer (CEO) of The Salvation Army is General Lyndon Buckingham . The Salvation Army is the largest non-government provider of social services in
4992-430: The mobilization of more than 178 canteen feeding units and 11 field kitchens which together served more than 5.7 million hot meals, 8.3 million sandwiches, snacks, and drinks. Its SATERN ( Salvation Army Team Emergency Radio Network ) network of amateur ham-radio operators picked up where modern communications left off to help locate more than 25,000 survivors. Salvation Army pastoral care counselors were on hand to comfort
5070-409: The point that their actions, personalities, and even private lives function symbolically to represent significant dynamics and tensions prevalent in the contemporary business atmosphere". Journalism thereby exaggerates the importance of the CEO and tends to neglect harder-to-describe broader corporate factors. There is little attention to the intricately organized technical bureaucracy that actually does
5148-470: The poor, destitute, and hungry by meeting both their "physical and spiritual needs". It is present in 133 countries, running charity shops , operating shelters for the homeless , and disaster relief and humanitarian aid to developing countries . The theology of the Salvation Army derives from Methodism , although it differs in institution and practice; an example is that the Salvation Army does not observe sacraments . As with other denominations in
5226-432: The pregnancy." It is also against the death penalty : "The Salvation Army recognises that the opinions of Salvationists are divided on the moral acceptability of capital punishment and its effectiveness as a deterrent. However, to advocate in any way the continuance or restoration of capital punishment in any part of the world would be inconsistent with the Army's purposes and contrary to the Army's belief that all human life
5304-444: The proceeds go toward The Salvation Army's emergency relief efforts and programs. Textile items not sold are recycled and turned into other items such as carpet underlay. The Salvation Army also helps their employees by hiring ex-felons, depending on the circumstances, because they believe in giving people second chances. Some Salvation Army locations are associated with an Adult Rehabilitation Centre (ARC) in which men and women make
5382-511: The slogan "Doing the Most Good". An ARC is typically associated with a main store and warehouse. Donations are consolidated from other stores and donation sites, sorted and priced, and then distributed back out to the branch stores. Low-quality donated items are sold at the warehouse dock in a "dock sale". Farmland at Hadleigh in Essex featured market gardens, orchards, and two brickfields. It
5460-409: The term "executive director" is used primarily in the not-for-profit sector. These terms are generally mutually exclusive and refer to distinct legal duties and responsibilities. The CEO is the highest-ranking executive in a company, making corporate decisions, managing operations, allocating resources, and serving as the main point of communication between the board of directors and the company. In
5538-467: The use of "CEO" as an acronym for a chief executive officer originated in Australia , with the first attestation being in 1914. The first American usage cited is from 1972. The responsibilities of an organization's CEO are set by the organization's board of directors or other authority, depending on the organization's structure. They can be far-reaching or quite limited, and are typically enshrined in
5616-406: The value of the business, which may include maximizing the profitability , market share , revenue , or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation . CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in
5694-457: The work. Hubris sets in when the CEO internalizes the celebrity and becomes excessively self-confident in making complex decisions. There may be an emphasis on the sort of decisions that attract the celebrity journalists . Research published in 2009 by Ulrike Malmendier and Geoffrey Tate indicates that "firms with award-winning CEOs subsequently underperform, in terms both of stock and of operating performance". Executive compensation has been
5772-802: The workplace. This perspective is explored in the book Snakes in Suits , co-authored by Robert D. Hare . However, Scott Lilienfeld has argued that the attention given to psychopathy in the workplace by both the media and scholars has far exceeded the available scientific evidence. Emilia Bunea, writing in Psychology Today , has linked psychopathic traits in managers to workplace bullying , employee dissatisfaction, and turnover intentions. Despite this, Bunea cautions that excessive worry about supposed psychopathic managers could discourage individuals from pursuing careers in corporations and deter employees from addressing issues with difficult bosses. In
5850-725: The world, known as Salvation Army corps . These serve as churches and community centres. Traditionally, many corps buildings are also called temples or citadels. The Salvation Army is well known for its network of thrift stores or charity shops—colloquially referred to as "the Sally Ann" in Canada and the United States, "Salvos Stores" in Australia, and "Sally's" in New Zealand—which raise money for its rehabilitation programs by selling donated used items such as clothing, housewares, and toys. Clothing collected by Salvation Army stores that
5928-507: The world. The Salvation Army was one of the original six organisations that made up the USO , along with the YMCA , YWCA , National Catholic Community Services , National Jewish Welfare Board , and National Travelers Aid Association . National Salvation Army week was created by President Dwight D. Eisenhower on 24 November 1954, encouraging people to honour the Salvation Army for its work in
6006-771: Was an abandoned grocery store and other empty land. The center opened in June 2002. Currently, it is home to the American Basketball Association 's San Diego Wildcats. Upon her death in 2003, Kroc bequeathed $ 1.5 billion (equivalent to $ 3 billion in 2023) to The Salvation Army solely for the purpose of establishing centers of opportunity, education, recreation and inspiration throughout the United States to be known as "Salvation Army Ray and Joan Kroc Corps Community Centers". The Kroc Center in San Francisco, California , broke ground in June 2006, and
6084-573: Was mentioned in the Royal Commission report of 1909, which was appointed to consider Poor Laws. 7,000 trainees had passed through its doors by 1912 with more than 60% subsequently finding employment. The Salvation Army operates children's summer camps and adult day care centres. It has headquarter offices internationally, nationally, and for each territory and division. Some of its other facilities include: The official mission statement reads: The Salvation Army, an international movement,
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