Career Opportunities in Management

• Sales
• Marketing
• Supply Chain Management
• Finance
• Operation Management
• Human Resources
• Health Care Management
• Management Consulting
• Entrepreneurship

Sports Management

Students who pursue sports management learn how business principles are related to the sports industry. The business and promotional concerns of athletes or athletic organizations are seen by sports management professionals. Job duties of sports m..

Spa Management

Spa management is the concept of gaining expertise in spa treatments and knowing how to run a spa. Those who become spa managers are typically passionate about the spa industry. They enjoy working with people, and they are comfortable directing th..

Retail management

Retail Management is a career which involves endorsing final goods to increase customer satisfaction and increasing sales by understanding the needs and demands of the customers. The customers come and buy the products they need from the retail st..

Luxury brand management

The fashion industry is growing at a fast rate and hence there is a huge demand for luxury products.  People in this field are passionate about the fashion industry and keep themselves updated with the latest fashion trends. It is a specializ..

Human Resource Management

Human resource management is organizing, coordinating, and managing employees within an organization to carry out an organization’s mission, vision, and goals. This includes recruiting, hiring, training, compensating, retaining, and motivati..

Hospital Management Primarily

Hospital Management primarily focuses on understanding and training the students in the administrative procedures of the hospital which involves processes such as human resources, maintaining crucial information, etc. Increasing complexity has res..

BBA

A Bachelor of Business Administration (BBA) is a 3-year undergraduate degree program that gets you entry-level positions in many companies. Your job profile would include back-handwork and certain support services to your seniors. If you are good ..

• Define and shape business strategy and vision of the organization
• Execute the defined strategy and plan in coordination with organization members
• Play a strategic role by extending professional advice, aimed at maximizing profitability for client or employer
• Establish and carry out departmental or organizational goals, policies, and procedures
• Manage general activities related to making products and providing services
• Consult other executives, staff, and board members on operations
• Define marketing strategies to attract the target audience
• Negotiate or approve of contracts and agreements
• Gather requirements from the customers and other stakeholders to prepare project report
• Appoint departmental heads and managers
• Establish performance standards and monitor the output of employees to ensure that each employee's performance meets those standards

Career Pros Details

• Remuneration is good.
• You can create a niche for yourself in any one area

Career Cons Details

• Work-life balance is difficult to achieve
• There is a lot of competition in this field

Interpersonal skills

Management jobs are all about people, and being able to build successful relationships is integral. If you want to lead a team, you'll need to earn the respect of your colleagues. To do this, you need to know how to effectively deal with other people.

Setting time aside to get to know your team members on both a personal and professional level, through social activities or team-building training, while still maintaining professional boundaries, will go a long way to earning their respect.

You need to demonstrate your managerial qualities and authority while maintaining the ability to play your part as a member of a team.

Communication and motivation

Effective leaders must master all forms of communication including written, verbal, and listening skills. As a team manager, you're the line of communication between frontline staff and senior management. You'll liaise with a variety of people, from entry-level employees to heads of departments and CEOs, in a number of different ways - via email and social media, over the phone, and in presentations, meetings, and one-to-ones.

You'll need to establish a trusting relationship with your employees so they feel comfortable sharing information with you, and vice versa. To ensure that lines of communication remain open, you'll need to make yourself readily available and accessible to your employees to discuss any issues or concerns that arise. Having an open-door policy or weekly or monthly team meetings should facilitate this. Let your staff know that they matter by maintaining eye contact, smiling, and listening attentively.

An open, positive attitude at work goes a long way to creating a healthy work environment. Don't shut yourself off or put yourself on a pedestal. Simple gestures, such as active encouragement, recognising achievements and taking an interest in the lives of your employees, ensure that staff feels valued. A positive workplace creates happy, motivated employees.

Organisation and delegation

As a manager you'll juggle multiple responsibilities, so excellent organisational skills are vital. You'll need to manage your own workload, oversee the work of other employees, attend meetings and training sessions, carry out appraisals, and review company policies. Sloppy working practices, tardiness, and a general lack of organisation won't be tolerated at this level and will set a bad example to your staff. Effective organisational skills reduce stress, save time and ensure that important deadlines are met.

Many managers ease their own busy workload by delegating tasks to colleagues. To do this effectively you need to analyse and identify the skills of your employees and assign duties to each depending on their skillset. Delegation isn't a sign of weakness, and can in fact multiply the amount of work that a manager can accomplish - while developing the team's confidence and skills.

Forward planning and strategic thinking

It's a manager's job to think of the bigger picture, so as well as focusing on today's tasks and responsibilities you'll also need to plan for the future. This means setting priorities in line with company goals, reviewing systems and policies, and attending training and managing the CPD activities of your team. As a strategic thinker, you'll encourage innovation and change in order to make your team and the organisation as a whole more productive and profitable.

Problem-solving and decision-making

You'll be tasked with spotting and solving problems on a daily basis in a managerial position. This requires outstanding attention to detail and the ability to remain calm under pressure. To ensure that your team is productive and that the workflow runs smoothly, you'll have to think on your feet when problems arise. Creative thinking will help you to come up with innovative solutions that minimise the impact on your team and the business as a whole.

Thinking on your feet also comes in useful when you have to make a snap decision about how to successfully complete a task or meet a business goal. Being able to quickly weigh up the pros and cons of a situation and make an informed decision is essential.

Commercial awareness

This skill is in huge demand among business employers. In fact, according to recruiters, commercial awareness is something that the majority of graduates lack.

If you want to progress to the management level, an understanding of the marketplace in which a business operates and what it is that makes a business successful is essential. To demonstrate this, you'll need to show that you:

• are aware of the organisation's mission and aims
• have an understanding of the job sector that the company belongs to
• know about the political and economic issues affecting the business
• can identify the company's competitors.

Mentoring

As well as being business-focused decision-makers, managers also need to play a supportive role. If you've reached this senior-level you have a repertoire of experience, knowledge, and skills, and it's your job to pass this knowledge on and share your skills with other colleagues.

This involves training and advising staff and building their confidence and skills. In a management position, you'll be the driving force behind the progression of team members.