Business Manager
Business Manager
- Job popularity
Job Description
Business managers are responsible for setting the objectives of the business unit of a company, creating a plan for the operations, and facilitating the achievement of the objectives and implementation of the plan together with employees of the segment and stakeholders. They keep an overview of the business, understand detailed information of the business unit and support the department, and make decisions based on the information at hand..
Top 7 specific things you need to know
As a Business Manager, you will need to master following:
Top 29 general things you need to know
More generally, a business manager is also versed in:
- analyse business objectives
- analyse business processes
- apply business acumen
- assume responsibility for the management of a business
- build business relationships
- business law
- business management principles
- collaborate in company's daily operations
- conclude business agreements
- control financial resources
- create a financial plan
- create a work atmosphere of continuous improvement
- develop company strategies
- ensure lawful business operations
- exercise stewardship
- financial forecasting
- follow company standards
- hire new personnel
- integrate strategic foundation in daily performance
- liaise with managers
- make strategic business decisions
- manage staff
- negotiate with stakeholders
- plan health and safety procedures
- plan medium to long term objectives
- risk identification
- strategic planning
- strive for company growth
- track key performance indicators
Other things it helps to know to be an excellent business manager
It also helps to know the following:
- business process modelling
- create a financial report
- maintain relationship with customers
- project management
- prospect new regional contracts
- accounting
- align efforts towards business development
- analyse business plans
- analyse financial risk
- analyse market financial trends
- banking activities
- business loans
- corporate law
- describe the financial situation of a region
- develop organisational policies
- develop professional network
- establish communication with foreign cultures
- evaluate performance of organisational collaborators
- execute marketing plan
- financial jurisdiction
- financial management
- financial statements
- follow the statutory obligations
- human resource management
- impart business plans to collaborators
- integrate headquarter's guidelines into local operations
- interact with the board of directors
- international trade
- keep updated on the political landscape
- liaise with local authorities
- manage budgets
- manage contracts
- manage financial risk
- manage office facility systems
- manage relationships with stakeholders
- market entry planning
- marketing management
- marketing principles
- oversee quality control
- prepare financial statements
- report on overall management of a business
- shape corporate culture
- shape organisational teams based on competencies
- share good practices across subsidiaries
- show an exemplary leading role in an organisation
- speak different languages
- subsidiary operations
- supply chain management
- synthesise financial information
Top employers for this job
Business Manager (0-2 Yrs Exp.)
-
Prereqs Technology Pvt.Ltd
-
California
-
$250 - $800 / month
Full Time
Urgent
Private
- Keywords :
- Ui designer,
- developer
