A director of business operations is responsible for adjusting and directing the flow of the work done within a company and its various ever-moving parts and pieces. They play a leading role in the creation of the company budget, and its various subsections, and the business, financial, and growth strategies to be used within the organisation.
Their other duties usually include tasks such as creating and editing reports, including financial ones, creating company policies and working on better business practices and processes, making sure that aforementioned strategies are closely followed for the sake of reaching the company's goals and targets, managing financial tasks, conducting research into the market in order to predict future market trends, ensuring the quality of the employees and thus of the work, and growing and optimising the business and financial growth of the company.
A person hoping to become a director of business operations generally needs to have a bachelor's degree in an applicable subject, like business administration, and several years of experience working in finances, operations, or positions to do with strategies and project management. They must also have great organisational and interpersonal skills. The director of business operations earns an average of $126,370 a year.
There is more than meets the eye when it comes to being a director of business operations. For example, did you know that they make an average of $61.5 an hour? That's $127,929 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 directors of business operations 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 communication skills, leadership skills and management skills.
When it comes to the most important skills required to be a director of business operations, we found that a lot of resumes listed 11.6% of directors of business operations included procedures, while 11.2% of resumes included business operations, and 5.7% of resumes included project management. 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 director of business operations job title. But what industry to start with? Most directors of business operations actually find jobs in the technology and health care industries.
If you're interested in becoming a director of business operations, one of the first things to consider is how much education you need. We've determined that 70.0% of directors of business operations have a bachelor's degree. In terms of higher education levels, we found that 20.2% of directors of business operations have master's degrees. Even though most directors of business operations have a college degree, it's impossible 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 director of business operations. When we researched the most common majors for a director of business operations, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on director of business operations resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a director of business operations. In fact, many director of business operations jobs require experience in a role such as manager. Meanwhile, many directors of business operations also have previous career experience in roles such as operations manager or director.