From Surf Wiki (app.surf) — the open knowledge base
Business manager
Occupation
Occupation
The Oxford English Dictionary defines a business manager as "a person who manages the business affairs of an individual, institution, organization, or company". Compare manager.
Business managers drive the work of others (if any) in order to operate efficiently and (in the case of for-profit companies) to make a profit. Compare: | publication-date = 2010 | access-date = 16 October 2019 They should have working knowledge of the following areas, and may be a specialist in one or more: finance, marketing and public relations. Other technical areas in which a business manager may have expertise include law, science, and computer programming. In some circumstances, business managers even have oversight over human resources. | author-link2 = Michael C. Keith | url-access = registration | publication-date = 1999 | access-date = 16 October 2019
Role profile
In many businesses, the role may be established to relieve the owner of responsibility, in order to focus on specific aspects of company expansion. Typically, the business manager and the owner work may work in synergy to ensure successful running of business. Having a specialization in a particular field, such as sales, marketing, public relations or finance aids in efficiency, yet despite the usual academic qualities of a business manager, business managers also develop personal qualities that are helpful in performing the role efficiently.
A social skill of a business manager is the ability to understand and know what each of their subordinate employee's tasks are and how to work with each employee in working toward successful completion of such tasks.
A business manager should be willing to accept constructive criticism from employees, develop social skills, be organized, honest and able to take good decisions. A good business manager should be willing to work along his or her employees in order to create a better work environment.
Examples in industry
In the music industry, a business manager is a representative of musicians or recording artists or both, whose main job is to supervise their business affairs and financial matters. The role largely originated from Allen Klein, who represented numerous performers, helping them to both invest their incomes wisely and to recover unpaid (or underpaid) royalties and fees.
Business managers commonly have an overlapping presence in both the entertainment and sports industries, as illustrated by business manager Barry Klarberg, who represents entertainer Justin Timberlake as well professional athletes C. J. Wilson, Mark Messier and Anna Kournikova.
In government and the military, the equivalent position is executive officer or chief of staff.
References
References
- (25 June 2014). "A Designed Framework for Delivering Systems Thinking Skills to Small Business Managers". Systems.
- Sports Business Journal. [http://www.sportsbusinessdaily.com/Journal/Issues/2012/04/09/Labor-and-Agents/Monarch.aspx "Athlete advisors Klarberg, Furst Close to Deal"], April 9, 2012.
This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.
Ask Mako anything about Business manager — get instant answers, deeper analysis, and related topics.
Research with MakoFree with your Surf account
Create a free account to save articles, ask Mako questions, and organize your research.
Sign up freeThis content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.
Report