Description

A business manager is sought after by a variety of companies in many industries. Some employers will be looking for candidates with a bachelor's degree in business administration or a similar discipline, while others are willing to accept an applicant with a high school diploma or associate's degree. The business manager should also usually have at least two years of experience working in administration positions, in addition to several years of experience in the industry of the company. The prospective employee should be proficient in Microsoft Office. The business manager will primarily work indoors, although the settings may vary. There can be some travel involved.

The business manager is primarily responsible for ensuring that the company's operations in that department are proceeding smoothly. This can involve drafting and executing plans and tasks, assigning work to various staff members, organizing workflow, and coordinating staff meetings. They are responsible for the organization of their department, including recommending changes or improvements as needed. They are in charge of ensuring that all expenses are within the operating budget, and they may be required to draft and present reports to executives as necessary.

The business manager will work closely with other departments, as well as with employees in their own department. The business manager will usually report to a department head or executive.

Roles & Responsibilities

As a Business Manager with 3-6 years of experience in Singapore, your main responsibilities include:

  • Oversee day-to-day operations, ensuring efficient workflow and adherence to company policies and procedures. Monitor and optimize operational processes, identifying areas for improvement and implementing necessary changes.
  • Manage and supervise a team of employees, providing guidance, support, and performance feedback. Delegate tasks, set clear expectations, and foster a positive work environment to enhance team productivity.
  • Develop and implement strategic plans to drive business growth and achieve revenue targets. Analyze market trends, identify new opportunities, and devise effective marketing and sales strategies.
  • Cultivate and maintain relationships with key stakeholders, such as clients, suppliers, and business partners.

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

Office 365

2

Budget Estimation

3

Business Management

4

Microsoft Excel

Skills That Affect Business Manager Salaries

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

Office 365

19%

Budget Estimation

15%

Business Management

3%

Microsoft Excel

9%

Career Prospects

The role of a Business Manager is crucial in ensuring the smooth operation of a business in Singapore. With 3-6 years of experience in this field, professionals can explore various alternative roles. Here are following options to consider:

  • Marketing Manager: A position that involves developing and implementing marketing strategies, managing campaigns, and analyzing market trends to drive business growth.
  • Operations Supervisor: A role focused on overseeing day-to-day operations, optimizing processes, and ensuring operational efficiency across different departments.
  • Human Resources Business Partner: A position that involves collaborating with business leaders to develop and implement HR strategies, managing employee relations, and driving organizational development initiatives.
  • Sales Manager: A role centered around leading a sales team, developing sales strategies, and driving revenue growth through effective market penetration and customer relationship management.

How to Learn

The job role of Business Manager in Singapore is projected to experience steady growth in the market. Over the past 10 years, the demand for this role has consistently increased due to Singapore's thriving business sector. As the country continues to attract foreign investments and foster a business-friendly environment, the need for skilled professionals in this position is expected to rise. As a result, employment opportunities in this field are anticipated to expand in the coming years.