Business managers exist in a variety of industries, and often have training or education, such as Master’s degrees in Business Administration (MBAs), which help them do their jobs more effectively. They can work in highly specialized ways, managing a single department, or they may work as managers or owners of smaller companies, doing just about everything needed to ensure that all aspects of the business and all its requirements are met. Sometimes the business manager is defined as the person who must facilitate the work without actually doing the work that is required. This isn’t meant as a negative statement; it merely means that the business manager is responsible for making sure employees are functioning at optimum levels, and that the manager effectively oversees, plans, and delegates.
Under the job title of business manager, you’ll note these folks doing a variety of things. They may supervise employees responsible for things like production and sales, plan work schedules, make decisions about employee rewards, reviews or reprimands, and help to determine when the company might not be operating at its financial peak. When such is the case, they may create business plans to increase profitability.
Some business managers primarily oversee supervisors and don’t have quite as much contact with employees that produce the majority of products or sell things. In this sense they could be called the supervisor of supervisors. Others are directly responsible for employee reviews, training, and motivation.
Some business managers who work in a single department might be responsible for things like managing human resources, payroll, sales, advertisement, production, advertisement, or a variety of other things. Business managers tend to be needed in many fields, not just typical “business fields” but also in medical facilities, science-oriented companies, the food and hotel industry, and in the performing arts. For all intents and purposes the manager of a theater is a business manager, who helps to employ others, evaluates revenue, hires or fires employees, and makes sure the theater runs smoothly.
The goal of the business manager at any level is to make sure that anything he or she oversees works as well as it can. In order to achieve this, the business manager may implement various business models learned in school, or may create methods, teams, employee incentives or a variety of other things to achieve the most successful department, company or corporation. Large companies normally have numerous business managers, whose job it may be to help the supervisors with their work and to report to upper level management or owners of a corporation. Sometimes a business manager is upper level management or an owner.
If you’re interested in the field of business management, there are many skills you will need. You should have an excellent understanding of business models, economy, and finance. You also need to have great people skills, since part of your job may be to motivate or inspire at least some, if not all employees. There are business management degrees at community colleges, four-year universities, and at the Master’s level. In most cases, MBA degrees assure you a greater amount of choice and a chance to work at top levels of a corporation.