A Business Manager directs the overall efforts of employees to guarantee that the company or department functions efficiently and meets its financial targets. Developing business plans and setting strategic goals, they work to promote profitability and drive growth.
Liaising with senior management and executives, the Business Manager creates and implements budgets; overseeing resource allocation, monitoring performance and evaluating results. They prepare and present progress reports and ensure compliance with company policies.
Business Managers are also typically involved in human resource operations, carrying out performance evaluations, supervising hiring and training, and developing incentive schemes to motivate employees.