A modern top manager is a versatile, active, and purposeful person. Constant movement, search for new sensations, endless meetings, communication, and bright hobbies. Let’s look at the peculiarities of this job position.
One day in the life of a top manager
Everyone dreams of obtaining a highly paid profession, contributing to maintaining the prestige and high social status. One of these types of activity is a top manager. This job position opens up a lot of prospects and benefits, but at the same time, the requirements for applicants are exceptionally high.
The main difference between a top manager and any other employee is that people who occupy this position manage it on behalf of the company’s owners. The profitability of the business largely depends on the efficiency of the top. Top managers have great resources – they manage the company’s budget and access bank and tax data. They have the right to convene meetings and make decisions about hiring and firing personnel.
The top manager is an interesting and prestigious job position but very difficult. Labor activity must be based on a responsible attitude to the case. Management will not pass anyway. A specialist entrusted with this position will not succeed without the effective application of management technologies. At the same time, developing and testing one’s own work methods is unacceptable.
A large number of subordinates is one of the main, but not the main, characteristics of a top manager since it is not uncommon for lower-level managers to have a sufficiently large number of employees under their command. One of the top managers also has no subordinates, for example, the chief designer, although in practice, such cases are extremely rare.
Common responsibilities
A top manager as a senior specialist in a solid company, is responsible for the business processes taking place in the company:
- The top manager represents the interests of the enterprise at business meetings and negotiations. The competence of this specialist includes the development of the enterprise. The firm’s manager discusses the plans and approves the necessary regulations and standards. Since the top manager bears all the responsibility for the efficiency and profitability of the business, no innovation can do without his direct approval.
- In the event of any emergencies, when the lower boss cannot solve the problem, the top manager takes control of it. He monitors the situation, makes decisions on its correction, and also determines the culprits, and makes administrative decisions on determining the extent of their responsibility. The orders of top managers can be challenged exclusively in court; no employee of the firm, including its owner, has the right to intervene.
- The functional responsibilities of the top manager include managing the organization’s budget. After the end of the financial period, he reports on the spending of funds. The manager distributes the received profit, one part is sent to the company’s development, and the other goes to the dividend fund.
- The head of the company’s responsibilities include stimulating lower-level employees and approving motivation programs. In some cases, he can entrust this to other specialists, but he is obliged to monitor the execution of this task. The manager’s main goal is to create conditions for the staff to work with the greatest return.