What does a business executive do?

A small business specialist develops new business programs to meet changing customer demands. They are responsible for ensuring integrity and consistency in the domain of business. They analyze causes of a business issue, obtain business data, and make enquiries. They are responsible for making purchase agreements, confidentiality arrangements, and joint venture arrangement.

While similarities exist, there are also some differences between business executives and specialist-small business. For instance, business executive responsibilities require skills such as "customer satisfaction," "revenue growth," "territory development," and "emerging technologies." Whereas a specialist-small business is skilled in "customer relationships," "business portfolio," "business administration," and "business accounts." This is part of what separates the two careers.

A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that business executive responsibilities requires skills like "customer service," "customer satisfaction," "territory development," and "emerging technologies." But a vice president, business development might use other skills in their typical duties, such as, "business strategy," "financial services," "account management," and "sales process."

A senior business manager oversees the daily operations in a company, ensuring efficiency and smooth workflow. Typically, their responsibilities revolve around directing and assessing workforce performance, setting company objectives and goals, and coordinating with different departments to be aware of any issues or concerns. It is also essential to devise strategies to find new sales opportunities, perform research and analysis to identify client needs, and promptly resolve any problems that may arise. Furthermore, as a senior business manager, it is essential to lead and encourage the workforce, all while implementing the company's policies and regulations.

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from business executive resumes include skills like "territory development," "healthcare," "strong customer service," and "home health," whereas a senior business manager is more likely to list skills in "analytics," "sr," "risk management," and "digital transformation. "

The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.