How to Become 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.

• 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.