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Become A Senior Vice President

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Working As A Senior Vice President

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Communicating with Persons Outside Organization
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Unpleasant/Angry People

  • Mostly Sitting

  • Make Decisions

  • $148,658

    Average Salary

What Does A Senior Vice President Do

Senior Vice Presidents help companies meet their financial goals and objectives, as well as increase their operating performance. They supervise revenue generation, find ways to maximize revenue, and analyze financial reports.

How To Become A Senior Vice President

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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Senior Vice President jobs

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Real Senior Vice President Salaries

Job Title Company Location Start Date Salary
SVP, Sourcing & Supply Chain Lands' End, Inc. Dodgeville, WI Sep 04, 2015 $500,000
SVP, Sourcing & Supply Chain Lands' End, Inc. New York, NY Sep 04, 2015 $500,000
Senior Vice-President of Development/Construction Westfield LLC Los Angeles, CA Oct 24, 2016 $460,000
Senior Vice President, Client Services Harvest Earnings Group, Inc. Pittsburgh, PA May 01, 2016 $450,000
Senior Vice President, Client Services Harvest Earnings Group, Inc. Chicago, IL May 01, 2016 $450,000
SR. Vice President, Head Global Development Proteus Digital Health, Inc. Redwood City, CA Sep 15, 2015 $450,000
Senior Vice President, Integrated Supply Chain NA Mondelez Global LLC East Hanover, NJ Jan 28, 2015 $408,000
Senior Vice President, Integrated Supply Chain Mondelez Global LLC East Hanover, NJ Aug 28, 2015 $408,000
SR. VP of Global Human Resources, Performance & Info Technol H.J. Heinz Company Pittsburgh, PA May 19, 2015 $400,000
Senior Vice President Direct To Consumer Diane Von Furstenburg Studio, LLC New York, NY Feb 15, 2016 $400,000
Senior Vice President, Human Resources SONY Computer Entertainment America LLC San Mateo, CA Jun 13, 2016 $400,000
SVP Director of Strategy & Media Two By Four Chicago, IL Jul 22, 2016 $400,000
Senior VP-Global Content and Multi-Media Strategy Onmobile USA LLC Santa Monica, CA Sep 07, 2015 $249,300
Senior Vp-Global Content and Multi-Media Strategy Onmobile USA LLC Santa Monica, CA Sep 07, 2015 $249,300
Senior VP-Global Content and Multi-Media Strategy Onmobile USA LLC Santa Monica, CA Aug 28, 2015 $249,300
Senior Vice President, Customer Solutions ORC International Inc. Chicago, IL Feb 24, 2016 $244,800
Senior Vice President McKinsey & Company, Inc. United States New York, NY Sep 01, 2015 $243,094
Senior Vice President US Property Funds QIC Us Investment Services Inc. El Segundo, CA Jul 13, 2016 $240,000
SVP II Retail Credit Review HSBC Bank USA, N.A. New York, NY Oct 31, 2016 $240,000
SVP, Creative Director (Copy) The Cementworks, LLC New York, NY Jan 09, 2016 $240,000
Senior Vice Heidelberg USA, Inc. Kennesaw, GA Sep 10, 2015 $198,910
Senior Vice President North America Region Inspectorate America Corporation Houston, TX Sep 22, 2016 $197,642 -
$225,000
Senior Vice President-Emerging Markets Equity Harvard Management Company, Inc. Boston, MA Oct 15, 2015 $197,175 -
$227,175
Senior Vice President, Client Services Mindshare USA LLC Miami, FL Nov 19, 2015 $196,000
Senior Vice President, Human Resources Fiserv Inc. Brookfield, WI Mar 29, 2016 $196,000 -
$294,000
Senior Vice President, Analytics and Intelligence Daniel J. Edelman, Inc. New York, NY Aug 15, 2015 $195,000

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Top Skills for A Senior Vice President

FinancialStatementsStrategicDirectionAssetsProductDevelopmentBusinessDevelopmentRegulatoryComplianceRealEstatePLoanPortfolioClientRelationshipsPolicyOversightRiskManagementBusinessUnitInternalAuditEquitySVPInfrastructureAdditionalCustomerService

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Top Senior Vice President Skills

  1. Financial Statements
  2. Strategic Direction
  3. Assets
You can check out examples of real life uses of top skills on resumes here:
  • Maintain database for receipt of updated financial statements in commercial loan portfolio.
  • Recruited to provide strategic direction and to transform technology department with poor delivery record.
  • Supervised yearly risk assessment of corporate assets, policies and procedures.
  • Spearheaded product development and product marketing initiatives.
  • Formulated and executed strategy to capture market share and drive business development efforts.

Top Senior Vice President Employers

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