die Geschäftsleitung
management
The group of people who run a company and make the most important strategic decisions.
EXAMPLE
Die Geschäftsleitung hat die neuen Quartalsziele bekannt gegeben.
Management has announced the new quarterly targets.
die Geschäftsleitung
management
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Meanings
Usage tips
Word composition
The word is made up of 'Geschäft' (business) + the linking -s + 'Leitung' (management/leadership). So it literally describes the 'management of a business' or company.
EXAMPLE
Die Entscheidung wurde von der Geschäftsleitung getroffen.
The decision was made by management.
Grammatical number
Although 'Geschäftsleitung' (management) consists of several people, the noun is grammatically singular. The verb therefore always appears in the 3rd person singular.
EXAMPLE
Die Geschäftsleitung hat die neuen Pläne genehmigt.
Management has approved the new plans.
Typical collocations
Common verbs used with this noun include 'der Geschäftsleitung angehören' (to be a member of management), 'in die Geschäftsleitung aufsteigen' (to move up into management), or when 'die Geschäftsleitung etwas beschließt' (management decides something).
EXAMPLE
Seit Mai gehört sie der Geschäftsleitung an.
She has been a member of management since May.
Compare with
Geschäftsleitung vs Vorstand
board
Vorstand and Geschäftsleitung can both refer to a group that runs a company. Vorstand is the specific governing body of an organization; Geschäftsleitung refers to the group responsible for running the company and making important strategic decisions. The appropriate term depends on the organization's structure.
Geschäftsleitung
Die Geschäftsleitung des Unternehmens beschloss die neue Strategie.
The company's management decided on the new strategy.
Vorstand
Der Vorstand des Unternehmens beschloss die neue Strategie.
The company's board decided on the new strategy.
In real life
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