Management is a very exciting and rewarding career. A career in management offers status, as well as job satisfaction.
The success of an organization depends on the most important resource of an organization; PEOPLE! Managers work closely with people, thus letting the employees perform effectively to ensure that organizations achieve their objectives.
When organizations are successful, there is better utilization of resources, less stress among employees, less chaos in society, and a better quality of life for all. Effective managers play an important role in shaping the world in which we live.
A Manager coordinates the work of other people to ensure that the unit is run efficiently and profitably. A manager may have direct responsibility for a group of people in one department or a team of people from several different departments. In some cases, it could mean supervising just one person.
After pursuing a career in management, you can rise to top managerial positions in companies where you can make powerful changes in the success of an organization which in turn bring success to your personal career as well.
Types of Managers
Mostly, oganizations offer a wide range of managerial positions, ranging from front-line supervisory positions (Sales Manager, R&D Executive, General Manager, etc.) to the top executive level such as CEO, COO, and CTO. Managers in all tiers within a company are together responsible for its smooth functioning as an efficient and successful business entity.
In large organizations, managers work in a variety of areas. Below are a few common types of Managerial positions that you come across in an organization:
Marketing Managers aim to maximize profits through developing sales strategies that match customer requirements and by creating brand awareness and promoting products, services or ideas.
Marketing Managers can find employment opportunities in retail, media & advertising, hospitality, healthcare, finance, IT, etc. Candidates with a creative mind, commercial awareness, adaptability, numerical and IT skills are best suited for this management role. Plus, good communication and networking ability and leadership skills are among other vital prerequisites for Marketing Managers.
HR Managers direct and manage a company’s human resources (employees). They are the link between the company’s top management executives and its staff. HR managers are responsible for recruitment, onboarding, career development, performance reviews, compensation and benefits and employee relations, among other tasks.
HR Managers must possess skills like agility, analytics, good communication, empathy and compassion, discretion and ethics.
A Sales Manager is primarily responsible for managing and supervising a company’s sales team, creating and accomplishing sales targets, and increasing sales by expanding the brand reach.
Sales Managers must be well-versed in marketing, business management, business administration, and customer relationship management. They should possess exceptional communication skills, team spirit, and a passion for driving the company forward. Sales Managers must have excellent listening, negotiation, and communication skills as well.
Finance managers are accounting professionals who are responsible for the financial well-being of a company or organization. Financial Managers create detailed financial reports, implement strategies for budgeting and forecasting, brainstorm on fund procurement, perform risk assessment, monitor key metrics, and evaluate the organization’s financial performance.
Finance Managers must possess an advanced degree in relevant domains like Mathematics, Economics, Accountancy, Finance, and Business Studies. Also, they must have excellent problem-solving, analytical, and technical skills.
Public Relations Managers focus on building and maintaining a favorable public image of their client or employer. They plan, create, and oversee the campaigns and content directed at enhancing a company’s public image. They also interact with media and counter any negative publicity and handle any PR-related crisis.
In order to succeed as an Operations Manager, you should have skills in planning, delegation, problem-solving and time management and also trong leadership skills and possess good knowledge as well.
Apart from the ones mentioned above, there are plenty of management specializations to choose from, like Business Management, IT Management, Retail Management, Hotel Management, Management Consulting, and International Business Management, and many more.
Do you think you possess the right skills to be a Manager? Does the Management sector lure you? Then check out our Diploma, Undergraduate and Post Graduate Courses in Management!
Apna Saathi 