General Manager
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Job details
Job description, work day and responsibilities
A General Manager is responsible for improving efficiency and increasing departmental profits while managing the company's overall operations. They oversee several elements in a business, including hiring staff, operating budgets, and launching price promotions that could attract more customers.
1.Developing and implementing strategies
First, a general manager must develop and implement a long-term strategy for the organisation. It involves determining the organisation's long-term goals, identifying its various business units, determining its strengths and weaknesses, and recognising business priorities. General managers must also establish a long-term strategy for their teams. This strategy will guide the teams to determine their strengths and weaknesses, leverage the strengths, and address the shortcomings. Hence, a general manager needs to be creative, visionary, and a leader in every sense.
2.Overseeing day-to-day operations
Efficient and effective day-to-day operations are the key to the sustenance of any organisation. It involves recurring activities such as assigning team goals, tracking and assessing team performances, motivating teams to achieve their goals, finding shortcomings, and evaluating the steps needed to plug performance gaps. General managers oversee day-to-day operational responsibilities through teams of mid and lower-level managers.
3.Monitoring market and industry trends
In large and medium-sized organisations, general managers are the bridge between top management, such as CXOs (C-suite executives), MDs, and vertical-specific team leaders. They help top management in making long-term goals and forward-looking business policies. A general manager is also responsible for effectively conveying management decisions and policies to operations-specific teams, connecting these decisions to team activities, and helping in the implementation process. Thus, a general manager must clearly understand the market and industry trends.
4.Developing and maintaining relationships with stakeholders
A business needs to work in collaboration with multiple stakeholders. They can be external to the organisation and include customers, regulatory authorities and judiciaries or internal to business processes such as vendors, business partners, employees, and contractors. Maintaining healthy relations with all relevant stakeholders is critical to business success. A stakeholder typically interacts with team members pertinent to their respective fields. Still, a general manager's responsibility is to guide, oversee, and ensure all teams develop and maintain conducive relationships with each stakeholder.
5.Ensuring business compliance with laws and regulations
Business organisations must abide by the law of the land and follow certain regulations related to consumer rights, local governance, and environmental protection, among others. One of the duties of a general manager in a company is to ensure that business decisions and operations comply with specific laws and regulations.
6.Analysing data and performance metrics
Importantly, as part of a general managers duties and responsibilities, all decisions should be backed by precise data. It is gaining more significance in the all-pervasive digitised economy we see today. Every top executive general management programme assists in helping develop skills related to understanding, analysing, and visualising data and performance metrics.
Job Type: Full-time
Jadwal:
Day shift
Fixed shift
Education:
Bachelor's (Preferred)
Experience:
total work: 5 years (Preferred)
GM Management: 5 years (Preferred)
Location:
Kharar, Mohali, Punjab (Preferred)
Work Location: In person,
Company address
Offer ID: #857616,
Published: 3 months ago,
Company registered: 3 months ago