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Become A General Manager Of Business Development

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Working As A General Manager Of Business Development

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Coordinating the Work and Activities of Others
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Make Decisions

  • Stressful

  • $104,006

    Average Salary

What Does A General Manager Of Business Development Do

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Duties

Top executives typically do the following:

  • Establish and carry out departmental or organizational goals, policies, and procedures
  • Direct and oversee an organization’s financial and budgetary activities
  • Manage general activities related to making products and providing services
  • Consult with other executives, staff, and board members about general operations
  • Negotiate or approve contracts and agreements
  • Appoint department heads and managers
  • Analyze financial statements, sales reports, and other performance indicators
  • Identify places to cut costs and to improve performance, policies, and programs

The responsibilities of top executives largely depend on an organization’s size. For example, an owner or manager of a small organization, such as an independent retail store, often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties. In large organizations, however, top executives typically focus more on formulating policies and strategic planning, while general and operations managers direct day-to-day operations.

The following are examples of types of top executives working in the private sector:

Chief executive officers (CEOs), who are also known by titles such as executive director, managing director, or president, provide overall direction for companies and organizations. CEOs manage company operations, formulate and implement policies, and ensure goals are met. They collaborate with and direct the work of other top executives and typically report to a board of directors.

Chief operating officers (COOs) oversee other executives who direct the activities of various departments, such as human resources and sales. They also carry out the organization’s guidelines on a day-to-day basis.

General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration. Responsibilities may include formulating policies, managing daily operations, and planning the use of materials and human resources. They make staff schedules, assign work, and ensure that projects are completed. In some organizations, the tasks of chief executive officers may overlap with those of general and operations managers.

The following are examples of types of top executives working in the public sector:

Mayors, along with governors, city managers, and county administrators, are chief executive officers of governments. They typically oversee budgets, programs, and the use of resources. Mayors and governors must be elected to office, whereas managers and administrators are typically appointed. 

Most educational systems, regardless of whether they are public or private school systems, also employ executive officers. The following are examples of top executives working in the elementary, secondary, and postsecondary educational school systems:

School superintendents and college or university presidents are chief executive officers of school districts and postsecondary schools. They manage issues such as student achievement, budgets and resources, general operations, and relations with government agencies and other stakeholders.

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How To Become A General Manager Of Business Development

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. 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.

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Do you work as a General Manager Of Business Development?

General Manager Of Business Development Jobs

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Do you work as a General Manager Of Business Development?

Help others decide if this is a good career for them

Average Length of Employment
Top Employers Before
Manager 4.2%
Director 3.1%
President 3.1%
Top Employers After
President 4.3%
Consultant 3.8%
Principal 3.3%
Owner 2.9%

Do you work as a General Manager Of Business Development?

General Manager Of Business Development Demographics

Gender

Male

79.9%

Female

16.3%

Unknown

3.9%
Ethnicity

White

58.0%

Hispanic or Latino

14.5%

Asian

11.4%

Black or African American

10.1%

Unknown

6.0%
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Foreign Languages Spoken

Spanish

24.2%

Portuguese

12.1%

Japanese

9.1%

Mandarin

9.1%

German

6.1%

Russian

6.1%

Arabic

6.1%

Swedish

3.0%

Bulgarian

3.0%

Chinese

3.0%

Vietnamese

3.0%

Cantonese

3.0%

French

3.0%

Hindi

3.0%

Polish

3.0%

Thai

3.0%
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General Manager Of Business Development Education

Schools

University of Phoenix

16.4%

University of Southern California

8.2%

University of Texas at Austin

6.6%

New York University

4.9%

American University

4.9%

Stanford University

4.9%

University of Pittsburgh -

4.9%

Texas A&M University

4.9%

University of Arizona

4.9%

Massachusetts Institute of Technology

4.9%

Florida State University

4.9%

Miami University

3.3%

University of California - Berkeley

3.3%

University of Illinois at Urbana-Champaign

3.3%

Arizona State University

3.3%

Baker University

3.3%

Johnson & Wales University

3.3%

Florida Institute of Technology-Melbourne

3.3%

Temple University

3.3%

Youngstown State University

3.3%
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Majors

Business

39.6%

Marketing

9.6%

Management

8.8%

Finance

5.4%

Economics

3.8%

Communication

3.3%

Political Science

2.9%

Legal Research And Advanced Professional Studies

2.5%

Computer Science

2.5%

Hospitality Management

2.5%

General Sales

2.5%

Electrical Engineering

2.1%

Real Estate

2.1%

Public Relations

2.1%

Law

2.1%

International Business

1.7%

Project Management

1.7%

Mechanical Engineering

1.7%

Chemical Engineering

1.7%

History

1.7%
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Degrees

Bachelors

39.7%

Masters

32.9%

Other

16.4%

Doctorate

3.7%

Certificate

3.1%

Associate

3.1%

License

0.8%

Diploma

0.3%
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Job type you want
Full Time
Part Time
Internship
Temporary

Real General Manager Of Business Development Salaries

Job Title Company Location Start Date Salary
General Manager Strategic Business Development Telstra Incorporated San Francisco, CA Sep 01, 2015 $210,000
GM and Head of International Sales & Business Development Ineight Inc. Scottsdale, AZ Aug 12, 2015 $142,106 -
$175,000
General Manager, Business Development Stream International, Inc. New Port Richey, FL Oct 01, 2010 $135,000 -
$190,000
General Manager, Business Development Engineer Pemex Procurement International, Inc. Houston, TX Jan 17, 2016 $132,600
General Manager-Business Development Engineer Pemex Procurement International Inc. Houston, TX Apr 21, 2014 $130,000
General Manager-Business Development Mindtree Limited Schaumburg, IL Jun 01, 2016 $120,619
General Manager, Business Development Accord Healthcare Inc. Durham, NC Jan 31, 2013 $105,000
General Manager/Business Developer Zuppanyc LLC NY Sep 01, 2015 $76,898
General Manager/Business Developer Zuppanyc LLC NY Aug 15, 2014 $76,149
General and Operation Manager/Business Development Dkumar LLC Smyrna, GA Aug 25, 2016 $75,000
General Manager/Business Developer Zuppanyc LLC New York, NY Sep 09, 2016 $74,402
Assistant General Manager-Business Development & Sales Kalpataru Power Transmission-USA, Inc. Austin, TX Sep 01, 2015 $71,000
Deputy General Manager, Business Development Pan American Venture Fund LLC Kissimmee, FL Aug 30, 2013 $55,681
General Manager, Business Development Pan American Venture Fund, LLC Kissimmee, FL Aug 30, 2013 $55,681
General Manager, Business Development Pan American Venture Fund, LLC Kissimmee, FL Sep 03, 2013 $55,681
General Manager, Business Development Pan American Venture Fund, LLC Kissimmee, FL Sep 09, 2013 $55,681

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Top Skills for A General Manager Of Business Development

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  1. Business Development
  2. Revenue Growth
  3. Sales Strategies
You can check out examples of real life uses of top skills on resumes here:
  • Research, identify and recommend business development opportunities locally and internationally to strengthen the Company's sustained competitive growth plan.
  • Developed 48% revenue growth and increased gross profits 6% by developing key relationships within the international travel insurance market.
  • Assess operating, sales and financial performance of acquisition targets and develop plans for post-acquisition improvements.
  • Developed and trained several teams to facilitate successful implementation of all initiatives and training of personnel on improved process and procedures.
  • Developed the business plan for new business development initiatives.

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Top 10 Best States for General Managers Of Business Development

  1. New Jersey
  2. Delaware
  3. South Dakota
  4. New York
  5. Connecticut
  6. Rhode Island
  7. District of Columbia
  8. Virginia
  9. North Carolina
  10. California
  • (2,038 jobs)
  • (228 jobs)
  • (174 jobs)
  • (3,585 jobs)
  • (828 jobs)
  • (206 jobs)
  • (474 jobs)
  • (2,570 jobs)
  • (2,237 jobs)
  • (9,376 jobs)

Top General Manager Of Business Development Employers

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