It takes more than what meets the eye to keep a business up and running and making sure they meet the necessary standards required.
Business managers are kept on their feet to ensure customer satisfaction as well as adding to the process of aiming for profit, a good name and happy staff.
Do you think you could handle this role?
What is business management?
Business management is exactly what you’re thinking! It is the management of coordinating and organizing business activities. It involves the planning, organizing, directing and controlling of a business/organisation’s resources in order for them to meet the objectives of their policies.
There are three types of management styles which can be used in managing a business. They are autocratic (managers make decisions unilaterally), democratic (employee input allowed) and laissez-faire (team decisions made, it is the direct opposite to autocratic management).
What does a business manager do?
Business managers make sure everything is running smoothly within a business by overseeing the activities of other workers. Their activities may change from day to day and may depend on business size but some general tasks include:
- Establish company’s goals and objectives
- Oversee activities carried out by other employees
- Design business plans and strategies to meet goals
- Recruit and train new employees
- Perform employee evaluations
- Determine areas of improvement for employees and the business
- Make sure company activities adhere to health and safety guidelines
- Assess company performance
- Make changes and create solution where necessary
Management is an area where courses are plentiful across the UK. Some courses offer the opportunity to study either part time or full time. Some courses also offer online opportunities. Examples of courses you can avail of are:
Business and Management
A course in business and management provides students with the knowledge and experience needed in going forward to manage a business. It provides a theoretically-grounded coverage of key conceptual and practical developments across a wide range of business and management disciplines. Other key focuses are corporate financial strategy, managerial economics and managing people and organisations including human resource aspects of management.
Business and Strategic Risk
Business and strategic risk courses offer students the opportunity to develop their managerial skills with an emphasis on strategic risk. You will also be able to identify, assess and manage strategic, organisational, environmental and technological risks as well as threats presented by unpredictable situations.
Those who take a course in business analytics will learn to design, commission, manage and deliver data projects as well as analyse and visualise data for business applications. Other areas you’ll look at are the legal and ethical considerations in working data, shape data cultures across organisations and communicate results. This is all very helpful in developing a career in a managerial role.
Entry requirements differ from course to course and university to university. The majority of courses in this area require a second class honours degree in business or a related field. Some courses may require a 2.1 degree while others may only require a 2.2. Degree. Research on each course is important to ensure you meet the entry requirements before applying.
Being a Business Manager
Your role, working hours and duties as a business manager may differ depending on the company or organisation you are working with. Many professionals in this role can work up to 40 hours a week and often work overtime to ensure businesses meet standards and demands.
The salary of a business manager can change depending on your experience. The average salary of a business manager with 1-4 years experience is £32,223 annually. Business managers with 5-9 years experience can earn around £36,336.
Skills and requirements
- Excellent communication skills
- Strong leadership skills
- Project management and and planning skills
- Attention to detail
- Problem solver
- Time management
- Organization skill
- A good manner with customers and clients
- Works well under pressure
- Strong networking skills