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What are the responsibilities required for Business Management?

Or, whats the most stressful part of working in this position? #business #management #business-management

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Alan’s Answer

A few key skills for to excel as a business manager:

Communication is probably the most important skill. The people that you mange should clearly understand the goals for the company, your team and the goals/expectations for the individual. Providing the big picture (company and team goals) with help them to work independently and make decision that further those goals. Understanding their own goals and expectations will allow them gauge their performance relative to their goals.

Many companies, especially large corporations, have annual or semi-annual performance review processes. It's important to provide feedback, both positive and negative through the year so that the employee is not surprised by their reviews. Everything they hear in their reviews, should be something they've heard throughout the year.

Providing direction and clearing obstacles are other important areas for the manager to provide to their teams. Discuss how to perform a task and offer any advice relative to task. Managers should also help to remove any obstacles that might either delay a task from being perfomed or impeded a task from being completed. A manager should avoid micro managing employees. Micro managing is the at f managing every little detail of the process of completing a task. It undermine a person's motivation and confidence.

Lastly, a manager should be empathetic. Always remember that the people on your team are people. Treat then with respect and dignity.
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Summer’s Answer

Being able to prioritize and project manage
Lead individuals and motivate to achieve goals and success
Ability to see big picture but also understand and pay attention to detail
Problem solving skills
Very clear written and verbal communication skills
Quickly adapt to change
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Evan’s Answer

Good question. Learning how to juggle many different tasks, responsibilities, and stakeholders, is key. You'll wear many hats in a business management job as you try to take care of your business day to day, and help drive the company's goals forward. Patience, communications, and an analytical mind are key things to look for in business management. You can be responsible for making sure the trains run on time and key deliverables every day are met (did we make enough sales this month, are we hiring the right people in this interview, do we need to order more stock). You can also be responsible for looking forward (is our strategy the right one for our business? are we looking at our competitors the right way?)

No two roles are the same and no two days are the same. It can be a very exciting role.
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KJ’s Answer

Great question, there are the standard math and communication skills, but what you might not know is impeccable time management and restraint.

Depending on your personality the most stressful part is not being able to separate work from the boundaries of the office. You might be on call and works more hours then a standard worker.
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YOLANDA’s Answer

The responsibilities for business management entails an amalgam of both professional and personal skills. It is important that you reflect on the type of leader that you want to be. Then determine what type of organization fits your leadership style. Business management requires that you lead with the intention of having the organization and your team at the forefront of your priorities. It is important to be strategic, good at forecasting, and change management as well.

Yolanda D. Terry, PhD-ABD, MBA

YOLANDA recommends the following next steps:

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