juhtkonda

Juhtkond is the collective term used in Estonia for the executive leadership team of an organization. It refers to the group that runs the day-to-day operations and implements the strategic decisions set by the board or owners. The composition of a juhtkond varies by organization and sector, but typically includes the tegevjuht (CEO or managing director) and other senior managers such as the finantsjuht (CFO), operatsioonide juht (COO), IT-juht or tehnoloogiajuht, turundus-juht, müügijuht, and HR-juht.

The main tasks of the juhtkond are to develop and implement strategy, allocate and manage resources, oversee departments, monitor performance, and handle risk management and compliance. They coordinate cross-functional activities, report to the board or owners, and ensure that policy decisions are translated into concrete actions across the organization. Regular meetings and performance reviews help align operations with strategic objectives.

In governance terms, the juhtkond operates under the oversight of the juhatus or owners, handling day-to-day management while the board sets broad policy and approves major decisions. The exact duties and authority of the juhtkond are typically defined in the organization’s governance documents, employment contracts, and internal regulations. The term is commonly used in both private sector companies and public sector institutions to describe the top management team responsible for executive leadership and operational execution.