WHAT IS A GENERAL MANAGER?

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What do I need to study to become a General Manager?

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What is a General Manager?

General Managers are usually in charge of a department within a company, though in small companies they may also be classed as a higher executive, and commonly rank above most employees but below corporate-level executives. The responsibilities associated with the position will vary from company to company depending on the organisation’s corporate structure.

Overseeing many aspects of a company, General Managers are responsible for effective planning and decision making, evaluating and coordinating staff, setting policies and operations and also creating and maintaining budgets.

A General Manager is also in charge of managing revenue and cost aspects of an organisation’s income, or profit and loss (P&L) as well as being accountable for company performance and efficiency, sales, marketing and day to day operations.

What do do?

  • Planning and developing policies and objectives for an organisation or company.
  • Setting company standards and providing day-to-day management and direction.
  • Assessing situations and responding to changes by issuing instructions and directives to staff.
  • Preparing and requisitioning reports, forecasts and budget outlines for presentation to governing bodies.
  • Overseeing and managing the hiring and performance of staff members.
  • Endorsing and maintaining policies aimed at achieving objectives and maximising profit and efficiency.
  • Authorising funding for policy and program implementation
  • Consulting and advising staff and department heads on methods of operation, finance and sales, equipment requirements and human resources.
  • Providing company representation at official events, conventions, forums and seminars and in negotiations and public hearings.

Career snapshot for General Manager

  • The average age of working is 48.
  • 71.80% of are male.
  • 91.10% of work full-time and on average they work around 46.3 hours per week.
  • With A Bachelor Degree or higher, get paid $2,250 per week Before Tax.
  • Unemployment levels are average.
  • In 2015 records showed 51,200 employed .
  • The projected growth of the profession is estimated to be strong with employment numbers around 59,100 by 2020.
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