Directorship: meaning, definitions and examples
🎬
directorship
[ daɪˈrɛktərʃɪp ]
leadership role
Directorship refers to the position or role of a director in an organization, often associated with governance and strategic oversight. Individuals in a directorship are responsible for making high-level decisions, guiding the organization's vision, and ensuring compliance with regulations. They typically report to shareholders or a board of directors and play a crucial role in shaping the direction of the company. The responsibilities may include financial oversight, policy formulation, and resource allocation.
Synonyms
administration, governance, leadership
Examples of usage
- He was appointed to the directorship of the nonprofit organization.
- The board of directors voted to expand the responsibilities of the directorship.
- Her directorship has brought significant changes to the company.
- In many organizations, a directorship is a prestigious position.
Translations
Translations of the word "directorship" in other languages:
🇵🇹 diretoria
🇮🇳 निदेशालय
🇩🇪 Direktion
🇮🇩 direktorat
🇺🇦 директорство
🇵🇱 dyrekcja
🇯🇵 取締役会
🇫🇷 direction
🇪🇸 dirección
🇹🇷 yönetim
🇰🇷 이사직
🇸🇦 إدارة
🇨🇿 ředitelství
🇸🇰 riaditeľstvo
🇨🇳 董事会
🇸🇮 direktorat
🇮🇸 stjórn
🇰🇿 дирекция
🇬🇪 დირექტორატი
🇦🇿 direktorluq
🇲🇽 dirección
Etymology
The word 'directorship' is derived from 'director', which comes from the Latin 'dirigere', meaning 'to guide' or 'to direct'. The suffix '-ship' is used to denote a state, condition, or quality. Thus, 'directorship' literally embodies the qualities and responsibilities associated with being a director. The term began to gain prominence in the English language during the 19th century, coinciding with the rise of corporate structures and the need for formal governance in businesses. As organizations evolved, the role of directors became more defined, leading to an increased focus on the directorship as a crucial component of corporate leadership. The importance of directorship in maintaining ethical standards, guiding corporate strategy, and ensuring accountability has continued to grow into the 21st century.