Management & Business

(man-ij-muhnt and biz-nis) (n.)

The industry of overseeing and supervising the operations of organizations. Management and business professionals provide management services by analyzing the operations, structure, executive techniques and roles of an establishment in order to recommend, plan and implement processes for advancement. Management and business professionals may be self employed or employed by management consulting and advertising agencies.

In performing their jobs, management and business professionals conduct research to determine the effectiveness of management policies and programs, and make assessments and proposals to improve the standards of human resources, records management, operations and communications. They conduct quality audits and develop standards for quality assurance and quality management, and they develop procedures to manage an organization and supervise lower level staff members. These individuals also participate in risk management and strategic marketing and planning, and they are responsible for developing financial reports, audits and budgets in order to manage a company's finances.

Management and business professionals should be well organized, customer oriented and able to meet deadlines. They must have good leadership skills and prove successful at managing and overseeing a team. They should have strong verbal and written communication skills, and have a good understanding technology related to their professional field.

To gain the position of a management and business professional, one should possess at least a bachelor's degree or college diploma in business administration, commerce or a related field. Some employers may require a higher level degree or additional certification. Previous experience is always an asset and is usually necessary.

 

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