Description

Business managers are sought-after by many businesses across a variety of sectors. Certain employers are looking for applicants who have a bachelor's degree of business management or in a similar field, whereas others will consider applicants with an graduation certificate from a high school or an an associate's degree. Business managers should typically have at least two years of work experience in administrative positions and a few years of experience within the business sector of the business. The candidate must have a good understanding of Microsoft Office. The manager of the business will typically be working in the indoor environment, though the setting may differ. There may be some traveling required.

Business managers are principally accountable for ensuring that the operations of the company in the department are running smoothly. This could include drafting and executing plans and assignments as well as assigning work to different employees, coordinating workflow and scheduling meetings with staff. They are accountable for the management of their division, which includes making recommendations for changes or improvements when required. They are responsible for making sure that all expenditures are within the budget for operating and may be required to write and present reports to the executives when needed.

The business manager works in close collaboration with departments, and also with staff members within their own department. The business manager is typically be a subordinate of a department director or an executive.

Roles & Responsibilities

As a Business Manager with 9+ years of experience in the United Kingdom, your main responsibilities include:

  • Developing and implementing strategic business plans to drive growth and profitability.
  • Overseeing financial performance, including budgeting, forecasting, and cost control measures.
  • Leading cross-functional teams to achieve operational excellence and meet organizational objectives.
  • Building and nurturing relationships with key stakeholders, such as clients, suppliers, and regulatory bodies.

Qualifications & Work Experience

For a Business Manager job role, the following qualifications are required:

  • Strong leadership skills to effectively manage and coordinate the activities of a business team, ensuring efficient operations and goal attainment.
  • Excellent strategic thinking abilities to analyze market trends, identify business opportunities, and develop innovative strategies for growth and profitability.
  • Well-developed communication and interpersonal skills to effectively liaise with clients, stakeholders, and team members, building strong relationships and facilitating successful business partnerships.
  • Proficient financial acumen to understand and interpret financial statements, manage budgets, and make informed business decisions based on financial analysis.

Essential Skills For Business Manager

1

Budgeting

2

Office Management

3

Project Management

4

Microsoft Excel

5

Problem Solving

6

Word

Skills That Affect Business Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Business Development

4%

Business Management

2%

Sales & Management

25%

Project Management

23%

Problem Solving

32%

Career Prospects

As a Business Manager with 9+ years of experience in the United Kingdom, there are several alternative roles to consider. Here are following options to explore:

  • Operations Manager: A role that oversees the day-to-day operations of a business, including resource allocation, process improvement, and performance management.
  • Sales Manager: A position focused on driving sales growth, developing and implementing sales strategies, and managing a sales team to achieve targets.
  • Project Manager: A role that involves planning, executing, and overseeing projects from start to finish, ensuring successful delivery within scope, budget, and timeline.
  • Marketing Manager: A position that involves creating and implementing marketing strategies, managing campaigns, and analyzing market trends to drive business growth.

How to Learn

The job role of Business Manager in the United Kingdom is expected to experience steady growth in the market. Over the last 10 years, there has been an increasing demand for skilled Business Managers. According to Google, this trend is expected to continue in the future. The role offers numerous employment opportunities, with a significant number of positions expected to be available in the coming years. As the business landscape evolves, the need for competent individuals who can lead and manage teams is crucial. Overall, the Business Manager role in the UK is projected to have a promising growth trajectory, providing ample employment prospects in the future.