Business Leaders are considered trailblazers in their field. They are innovative thinkers who often introduce solutions to their industry's challenges. They inspire people pursuing careers in their field and even those outside the industry to strive harder and create their paths to success. Employees often look up to Business Leaders, which is why they must be motivating. They also oversee their business operations and often set long-term targets and strategies to achieve these targets. They think outside the box to set their business apart from their competitors.

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Business Leader Responsibilities

Here are examples of responsibilities from real business leader resumes representing typical tasks they are likely to perform in their roles.

  • Create and manage SharePoint portal site for SFA department.
  • Lead process and results metric development for all components of Medicaid business system.
  • Develop project plans, project status reports, manage the team and resolve day-to-day issues with emphasis on SDLC.
  • Set up a governance document to be share throughout all of department which outline how SharePoint would be manage.
  • Manage sales and technical group to complete a custom online shopping system and CRM system for digital and print products.
  • Utilize GMP to manage department budgets for capital expenses, spare parts, tools, and yearly contracts with outside vendors.
  • Document processes using Visio flow charts and narratives.
  • Bill Medicaid on the 1st business day of the month.
  • Increase team member engagement through FI teams and daily kaizen improvements.
  • Maintain and send pending reports to clients on a bi monthly schedule.
  • Key member of team that successfully launch, implement, and audit TPM program.
  • Perform engineering analysis of program documentation, and SME support to the lead engineer at MCSC.
  • Develop conceptual business model views towards new or improve business process solutions within a firm's SDLC.
  • Optimize food and beverage strategy to drive growth, generate revenue, and maximize ROI within tight margins.
  • Challenge fix ideas, current methods and look for ways to make improvements utilizing Kaizen plans and events.

Business Leader Job Description

Perhaps the hardest question to answer when deciding on a career as a business leader is "should I become a business leader?" You might find this info to be helpful. When compared to other jobs, business leader careers are projected to have a growth rate described as "as fast as average" at 6% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a business leader by 2028 is 150,600.

A business leader annual salary averages $90,430, which breaks down to $43.48 an hour. However, business leaders can earn anywhere from upwards of $56,000 to $145,000 a year. This means that the top-earning business leaders make $88,000 more than the lowest-earning ones.

As is the case with most jobs, it takes work to become a business leader. Sometimes people change their minds about their career after working in the profession. That's why we looked into some other professions that might help you find your next opportunity. These professions include an executive consultant, senior manager, process improvement manager, and director of business operations.

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Business Leader Skills and Personality Traits

We calculated that 9% of Business Leaders are proficient in Analytics, Project Management, and Customer Service. They’re also known for soft skills such as Leadership skills, Management skills, and Problem-solving skills.

We break down the percentage of Business Leaders that have these skills listed on their resume here:

  • Analytics, 9%

    Directed corporate-wide initiatives focused on transforming budgeting, forecasting and reporting activities, including development of operational and financial performance analytics.

  • Project Management, 8%

    Energized and stretched team performance to lead several successful system implementations with strict adherence to project management methodology.

  • Customer Service, 7%

    Directed management teams through LEAN process mapping activities to identify opportunities for increased efficiency, lower cost or improved customer service.

  • Business Development, 6%

    Work with Merchandising Business Development Managers to document business processes for item management, pricing and promotion.

  • Lean Six Sigma, 4%

    Redesigned implementation workflow using Lean Six Sigma principals

  • Continuous Improvement, 4%

    Collaborated with plant managers and line leaders to introduce a continuous improvement mindset through strategic production process management.

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Some of the skills we found on business leader resumes included "analytics," "project management," and "customer service." We have detailed the most important business leader responsibilities below.

  • Leadership skills can be considered to be the most important personality trait for a business leader to have. According to a business leader resume, "top executives must be able to lead an organization successfully by coordinating policies, people, and resources." Business leaders are able to use leadership skills in the following example we gathered from a resume: "interacted with hr and it leadership team to procure data and user requirements for data warehouse. "
  • While it may not be the most important skill, we found that many business leader duties rely on management skills. This example from a business leader explains why: "top executives must shape and direct the operations of an organization." This resume example is just one of many ways business leaders are able to utilize management skills: "developed web based store management systems using java beans technology and developed ant and maven scripts. "
  • Problem-solving skills is also an important skill for business leaders to have. This example of how business leaders use this skill comes from a business leader resume, "top executives need to identify and resolve issues within an organization" Read this excerpt from a resume to understand how vital it is to their everyday roles and responsibilities, "participated in design of bi strategy that enabled the most efficient solutions to business requirements. "
  • A thorough review of lots of resumes revealed to us that "time-management skills" is important to completing business leader responsibilities. This resume example shows just one way business leaders use this skill: "top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals." Here's an example of how this skill is used from a resume that represents typical business leader tasks: "project management of a high-volume workload within a deadline-driven environment. "
  • Yet another important skill that a business leader must demonstrate is "communication skills." Top executives must be able to communicate clearly and persuasively This is clearly demonstrated in this example from a business leader who stated: "performed planning, cost control, communication, and roi analysis for a $2.5m program development project. "
  • See the full list of business leader skills.

    After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming a business leader. We found that 68.7% of business leaders have graduated with a bachelor's degree and 19.2% of people in this position have earned their master's degrees. While most business leaders have a college degree, you may find it's also true that generally it's possible to be successful in this career with only a high school degree. In fact, our research shows that one out of every nine business leaders were not college graduates.

    Those business leaders who do attend college, typically earn either business degrees or marketing degrees. Less commonly earned degrees for business leaders include finance degrees or accounting degrees.

    Once you're ready to become a business leader, you should explore the companies that typically hire business leaders. According to business leader resumes that we searched through, business leaders are hired the most by Apple, Facebook, and Highmark. Currently, Apple has 273 business leader job openings, while there are 124 at Facebook and 50 at Highmark.

    If you're interested in companies where business leaders make the most money, you'll want to apply for positions at Lyft, Meta, and TBWA Worldwide. We found that at Lyft, the average business leader salary is $151,018. Whereas at Meta, business leaders earn roughly $150,704. And at TBWA Worldwide, they make an average salary of $150,642.

    View more details on business leader salaries across the United States.

    Some other companies you might be interested in as a business leader include Microsoft, Bank of America, and IBM. These three companies were found to hire the most business leaders from the top 100 U.S. educational institutions.

    For the most part, business leaders make their living in the technology and hospitality industries. Business leaders tend to make the most in the pharmaceutical industry with an average salary of $128,816. The business leader annual salary in the professional and technology industries generally make $118,590 and $108,929 respectively. Additionally, business leaders who work in the pharmaceutical industry make 18.7% more than business leaders in the agriculture Industry.

    The three companies that hire the most prestigious business leaders are:

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    What Executive Consultants Do

    An executive consultant gives support and guidance to the company's management team. Their duties may vary depending on each client's needs. Other companies hire consultants to solve a particular problem or assist with operations, employees, or strategic planning. They advise partner companies in business development opportunities to pursue financial goals and financial growth. They can also provide consulting services for non-profit organizations to act as an executive member.

    We looked at the average business leader annual salary and compared it with the average of an executive consultant. Generally speaking, executive consultants receive $40,901 higher pay than business leaders per year.

    While their salaries may differ, one common ground between business leaders and executive consultants are a few of the skills required in each craft. In both careers, employees bring forth skills like project management, business development, and business process.

    There are some key differences in responsibilities as well. For example, a business leader responsibilities require skills like "digital transformation," "analytics," "customer service," and "lean six sigma." Meanwhile a typical executive consultant has skills in areas such as "healthcare," "financial services," "c-suite," and "client relationships." This difference in skills reveals how truly different these two careers really are.

    Executive consultants tend to make the most money in the technology industry by averaging a salary of $139,883. In contrast, business leaders make the biggest average salary of $128,816 in the pharmaceutical industry.

    On average, executive consultants reach similar levels of education than business leaders. Executive consultants are 0.5% more likely to earn a Master's Degree and 1.9% more likely to graduate with a Doctoral Degree.

    What Are The Duties Of a Senior Manager?

    A senior manager is responsible for directing the overall efficiency of business operations. Senior managers monitor the performance of the staff, improve operational strategies, identify business opportunities, allocate budgets and resources, present reports to senior management, set goals to drive results on increasing the company's revenues and profitability. Senior managers must coordinate with various operations departments to maintain good feedback for the company, meeting client's expectations, and delivering the best results. They should have excellent communication and leadership skills to handle team members, as well as managing their needs and concerns.

    The next role we're going to look at is the senior manager profession. Typically, this position earns a higher pay. In fact, they earn a $28,476 higher salary than business leaders per year.

    A similarity between the two careers of business leaders and senior managers are a few of the skills associated with both roles. We used resumes from both professions to find that both use skills like "digital transformation," "analytics," and "project management. "

    While some skills are similar in these professions, other skills aren't so similar. For example, several resumes showed us that business leader responsibilities requires skills like "business plan," "business operations," "data analysis," and "dashboards." But a senior manager might use skills, such as, "portfolio," "professional development," "healthcare," and "oversight."

    Senior managers may earn a higher salary than business leaders, but senior managers earn the most pay in the professional industry with an average salary of $136,663. On the other side of things, business leaders receive higher paychecks in the pharmaceutical industry where they earn an average of $128,816.

    In general, senior managers study at similar levels of education than business leaders. They're 0.9% more likely to obtain a Master's Degree while being 1.9% more likely to earn a Doctoral Degree.

    How a Process Improvement Manager Compares

    Process Improvement Managers oversee the operational processes of the company. These processes are usually related to production, sales, marketing, human resources, or finance. Process Improvement Managers are in charge of creating policies and procedures to guide the company's different departments. They analyze related data and craft recommendations to improve the procedures. They ensure that their recommendations lead to higher efficiency. Process Improvement Managers also ensure that these new processes are implemented properly and yield results.

    The third profession we take a look at is process improvement manager. On an average scale, these workers bring in higher salaries than business leaders. In fact, they make a $15,024 higher salary per year.

    While looking through the resumes of several business leaders and process improvement managers we discovered that both professions have similar skills. These similarities include skills such as "project management," "business development," and "lean six sigma," but they differ when it comes to other required skills.

    There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, a business leader is likely to be skilled in "digital transformation," "analytics," "customer service," and "business process," while a typical process improvement manager is skilled in "value stream," "dmaic," "management process," and "kpis."

    Interestingly enough, process improvement managers earn the most pay in the technology industry, where they command an average salary of $99,802. As mentioned previously, business leaders highest annual salary comes from the pharmaceutical industry with an average salary of $128,816.

    Process improvement managers typically study at similar levels compared with business leaders. For example, they're 1.4% less likely to graduate with a Master's Degree, and 0.1% less likely to earn a Doctoral Degree.

    Description Of a Director Of Business Operations

    The position of a director of business operations involves the direction and coordination of an organization. It is the main responsibility of the directors of operations to oversee the profitability and overall growth of their organization. Their job includes staff management, department supervision, goods production, and expense control. They handle the company's resources, create and implement an operational plan, and make sure that the procedures are executed properly. The skills necessary for this position include leadership skills, management skills, customer service, and communication skills.

    The fourth career we look at typically earns higher pay than business leaders. On average, directors of business operations earn a difference of $21,515 higher per year.

    While both business leaders and directors of business operations complete day-to-day tasks using similar skills like project management, customer service, and business development, the two careers also vary in other skills.

    Even though a few skill sets overlap, there are some differences that are important to note. For one, a business leader might have more use for skills like "digital transformation," "analytics," "lean six sigma," and "business process." Meanwhile, some directors of business operations might include skills like "patients," "kpis," "oversight," and "financial management" on their resume.

    In general, directors of business operations make a higher salary in the manufacturing industry with an average of $127,932. The highest business leader annual salary stems from the pharmaceutical industry.

    Directors of business operations reach similar levels of education when compared to business leaders. The difference is that they're 0.9% more likely to earn a Master's Degree more, and 0.4% more likely to graduate with a Doctoral Degree.