Argyle climbed off the bottom of League One on Saturday after winning 1-0 at fellow strugglers Port Vale, ending a six-game losing run in all competitions.
The injury-hit club hope the result can be the catalyst to turn their fortunes around.
Adams said that while he will lead the football operation, any transfers will only happen if head coach Tom Cleverley feels they will strengthen the squad.
“I’m in charge of the football business from the point of view that if we’re going to do deals it will come to me, I’ll do the deals,” he added.
“But everyone in partnership has got to be happy with that happening and the head coach is the one that decides on the players that he wants to come in and the positions that he wants to strengthen the team.
“Then it’s important that we try and give him the best players that are available in this transfer window going forward.”
And Adams, who led the Pilgrims to promotion from League Two in 2017, said he has no desire to take over as head coach in the future, despite his experience at Argyle, along with stints managing Bradford City, Morecambe and Ross County.
“I’ve been here as four years as manager and it was a great honour, but not only that, I had a terrific time,” he said.
“My role now is director of football and that’s what I see my role as.
“I don’t want to go back to managing here because that’s what I’ve done in the past and I’ve had a successful time at it.”
