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Cesar I wonder how these jobs work on business management ?

I want to know how business management works so I can do well and be successful.

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Subject: Career question for you

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Nicole’s Answer

Hello Cesar,

I embarked on a new career path about a year ago, stepping into the role of a Senior Business Manager at a prominent tech firm. Over time, I've come to realize that my responsibilities mirror those of a Chief of Staff. Here's a snapshot of what I do:

1. Rhythm of Business (ROB) - I set the pace for our organization, deciding when we should convene as a whole, when Q&A sessions with the leader should occur, and how often the leadership team should meet. I also prepare for our monthly business reviews, checkpoints, and semester reviews. My role involves crafting meeting agendas and steering these gatherings. The more effectively I can plan and ensure smooth operations, the less the business needs to expend energy on crisis management. It's akin to being the indispensable aide to the person in charge. My role isn't about knowing all the answers, but about asking the right questions to guide the leadership team forward.

2. Finances - I manage the team's budget, which includes everything from vendor payments and licenses to headcount and discretionary spending for boosting morale.

3. Business Capacity - I keep track of our team's systems and projects, always on the lookout for ways to enhance efficiency and potentially reduce costs.

4. People - I help foster a positive culture and morale within the organization, and facilitate communication both horizontally and vertically across the organization.

5. Advisor - I meet with the organization's leader (be it a VP, CVP, Partner, or anyone else) weekly to understand their goals and keep them informed of any changes they should be aware of.

A book that was suggested to me, "Chief of Staff" by Tyler Parris, offers valuable insights into this role from the viewpoint of a boss contemplating the benefits of having a Business Manager. The terms are often used interchangeably. I hope this gives you a clearer picture of my role and the exciting challenges it presents.
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Jared’s Answer

Hey there Cesar,

Just like many others have suggested, it's crucial to consider the direction you want your business management career to take. Are you aiming to run your own business, lead a team in a startup, or climb the corporate ladder in a large company?

With these possibilities in mind, here are some key points to remember. These can be applied to any career path and will complement the knowledge you gain from your business management studies:

1. Act like a business owner, no matter what role you're in. Whether you're an employee or the boss, you're a vital part of the business. Use your education to question the way things are done, suggest improvements, and drive the business towards success. Remember, your learning doesn't stop at school - the workplace is a great teacher too.

2. People matter! It's often said that people don't care how much you know until they see how much you care. This applies to customers, team members, and partners alike. A positive attitude and a people-first approach can go a long way in business management.

3. Know your business inside out. This is more than just understanding how a business operates. It's about being hands-on and knowing the nitty-gritty details of how things are done. The more you know beyond your degree, the more successful you'll be.

Remember, the path you choose in business management can lead to numerous career opportunities. So, think carefully, learn continuously, and care deeply. Good luck!
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Micheal’s Answer

Hello Cesar, I hope I can help or at least put you in the right direction. First, are you managing your own business or looking to manage for an organization? In the broader since business management comes down to two major factors for the most part which is generally internal and external. For internal your looking at finances, goods and/or services, human capital (employee) management, cost, production (if applicable), etc. Essentially the operation of whatever business you're managing. Externally you are looking at target market, competition, relevant offerings, supply chain, customer engagement, etc. The subtypes of all these things will depend on the sector your business is in. If you manage something in healthcare for example you probably aren't concerned with production. I would recommend a degree, not a must if you start your own business but good to have. Also start with looking into servant leadership, a lost art in these days. I would also recommend the Fifth Discipline by Peter Senge. I know this is a broad oversimplification but I hope this helps.
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Stuart’s Answer

Hey Cesar, a big positive of Business Management is the broadness of the degree. Personally, I got my degree in Business Management and now work in Supply Chain Finance. I would recommend you reach out to students and people already in the business field so you can understand better the day to day life of someone working in business
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Howard’s Answer

Choosing Business Management as your major in college is an exciting decision that opens up a world of opportunities. Once armed with your degree, you can let your entrepreneurial spirit take flight and start your own business. Alternatively, you can choose to join a company or a large organization and work your way up the ladder. From a manager to a director of operations, vice president, and even president, the possibilities are endless. Remember, your success hinges on your determination to excel and your drive to accomplish tasks efficiently and effectively.

Let me share my own journey as an example. I began my career in a large organization as a management trainee and, within seven years, I climbed my way up to the position of a manager of technical operations. I furthered my education by earning a Masters in Executive Management, which soon led me to become a director of operations. Then, in my early 40s, I took a leap of faith and switched careers. I ventured into academia, teaching college students about business management, organizational behavior, and business strategy. I find immense satisfaction in teaching and shaping young minds.

I share my story with you, Cesar, to show you one of the many paths to success. Remember, your journey can take you in any direction you choose. A college degree and experience are valuable tools that will help you along the way.

Here's wishing you all the best on your journey towards mastering the discipline of management.
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