The responsibilities and duties of corporate vice presidents generally vary according to the company size, organizational structure, and area of expertise. A corporate VP is generally responsible for carrying out strategic plans, overseeing operations, developing functional roles and assigning responsibilities to their reporting staff.

In very large organizations, there can be several corporate vice presidents -- one for each division. With the company's president, these vice presidents form what is known as the executive leadership team. The executive leadership team represent the highest levels of organizational management.

• The VP advises, manages, negotiates and administers contracts into which the organization may enter.
• VPs are accessible when it comes to developing employer - employee relationships, and have a role in assisting employee development.
• VPs have executive level responsibilities like developing corporate policy, communicating the organization's mission to colleagues and the department directors.
• In some organizations the VP serves as a temporary CEO when required.

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