Accelerating decision-making by separating management from execution and delegating authority
First written in FY2016. 2 of 4 entries say "Advanced", first in FY2019. Latest entry: FY2026.
- FY2026AdvancedAnnual report
「To separate oversight from execution and enable swift, flexible decision-making, Mazda has adopted an executive officer system and delegated a substantial portion of the Board of Directors’ authority to decide on important business execution matters to management.」
While continuing to delegate authority, Mazda established a two-tier executive structure comprising executive directors and executive officers, thereby making swift, flexible decision-making more concrete. - FY2019AdvancedAnnual report
「The Articles of Incorporation provide that all or part of the authority to decide on important business execution matters may be delegated to directors.」
Mazda clarified its policy of separating executive functions from management and delegating authority as delegated powers under the Articles of Incorporation following the transition to a company with an Audit and Supervisory Committee. - FY2017RestatedAnnual report
「Mazda has also introduced an executive officer system. By separating executive functions from management, it seeks to enhance the effectiveness of the Board of Directors as a supervisory body, enrich deliberations by the Board, and accelerate decision-making through the delegation of authority to executive officer-level personnel, thereby further improving management efficiency.」
Mazda continues to pursue the separation of executive functions from management, delegation of authority to executive officers and faster decision-making as measures in its management structure. - FY2016First statedAnnual report
「Mazda has introduced an executive officer system. By separating executive functions from management, it seeks to enhance the effectiveness of the Board of Directors as a supervisory body, enrich deliberations by the Board, and accelerate decision-making through the delegation of authority to executive officer-level personnel.」
Mazda seeks to improve Board oversight and the efficiency of business execution through its executive officer system, delegation of authority and division of responsibilities.