— Peter Drucker, Business Management Guru.
Here's what we at mapmytalent know about business management as a career.
A business manager is a person who drives the work of others in order to run a business efficiently and make profit for an organization or firm. It is about making new business plans and putting them into operation. A business manager should have working knowledge of the following areas, and may be a specialist in one or more: sales, marketing, and public relations; research, operations analysis, data processing, mathematics, statistics, and economics; production; finance; accounting, auditing, tax, and budgeting; purchasing; and personnel.
The roles and responsibilities of a business manager varies depending upon the size of the organization. If it is a small organization, then the business manager typically takes over many of the roles and functions that the promoter or the owner of the business was earlier handling. Whereas in a large organization, the business manager typically starts off in one part of the organization. Slowly, over a period of time, he/she gets to a stage where he/she independently handles one or more function of an organization.