A business unit leader acts as the main overseer of a company's business unit. They set the team's goals, delegate tasks to staff, train new staff, and supervise the daily activities of their unit. Their leadership ensures that all of their team's objectives are met.
The specific job duties of a business unit leader typically include supervising team members, coordinating work schedules, conducting business meetings, monitoring KPIs, and providing mentoring as needed. They also coordinate with other business units to help ensure smooth workflow within their entire organization.
A bachelor's degree in business or some other business-related field is the typical minimum requirement for this role. However, having an MBA can increase one's earning potential and chances of career advancement. In terms of experience, a business unit leader must have at least three to five years of industry experience as well as substantial experience in a supervisory role. The salary of a business unit leader ranges between $54,000 to $156,000, depending on their level of experience and expertise, as well as the size of the team they are handling.
There is more than meets the eye when it comes to being a business unit leader. For example, did you know that they make an average of $40.59 an hour? That's $84,432 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.
There are certain skills that many business unit leaders have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed leadership skills, management skills and problem-solving skills.
When it comes to the most important skills required to be a business unit leader, we found that a lot of resumes listed 13.0% of business unit leaders included business units, while 8.7% of resumes included continuous improvement, and 7.9% of resumes included business development. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the business unit leader job title. But what industry to start with? Most business unit leaders actually find jobs in the manufacturing and technology industries.
If you're interested in becoming a business unit leader, one of the first things to consider is how much education you need. We've determined that 72.5% of business unit leaders have a bachelor's degree. In terms of higher education levels, we found that 14.8% of business unit leaders have master's degrees. Even though most business unit leaders have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a business unit leader. When we researched the most common majors for a business unit leader, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on business unit leader resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a business unit leader. In fact, many business unit leader jobs require experience in a role such as production supervisor. Meanwhile, many business unit leaders also have previous career experience in roles such as operations manager or production manager.