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Monthly Archives: March 2017

Career Opportunities in Executive Management

When an individual is in a management position that is considered “executive”, it normally indicates the very top of the management grid. These positions rest in many major corporations and business establishments. Often, executive managers are referred to by an assortment of other names. These names may include:

1. Chief Executive
2. Chief Operating Officer
3. Vice President
4. General Manager
5. Chief Officer of Financial Affairs

In this article, we will explore various career opportunities in executive management, as well as the educational requirements and compensation for these types of positions.

Education

In order to qualify for a career in executive management, it is essential to obtain a college degree. Normally, this particular educational degree is for business management. This type of educational degree will allow you to acquire a detailed understanding of all the major components of a business. This educational background will teach you about the business from a variety of angles.

You will learn about the accounting of a business, financial situations and aspects of a business, the human resource department, the production of a business, information systems and the role that they play in business organizations, as well as various types of information regarding the marketing of a business. This type of educational background is a must if you are pursuing the career of executive management. This is because, as a general or executive manager, you are required to know your business inside and out. If you are not familiar with these components of your business, then you will not be successful in your career.

The following details an example of coursework that you may be required to take if you are interested in executive management:

1. Financial Accounting
2. Information Technology
3. College Algebra
4. English Composition
5. Principles of Management
6. Managerial Accounting
7. English Composition
8. Software Productivity Tools
9. Oral Communications
10. Public Speaking
11. General Psychology
12. Writing for Business and Technology
13. Entrepreneurship
14. E-Commerce
15. Human Resource Management
16. Microeconomics
17. Various Business Electives

It is imperative that you understand many concepts if you are looking to enter the field of executive management. An example of these concepts includes employee motivation, communication, leadership, problem solving, conflict resolution, team building, and many more similar topics. As an executive manager, it is essential to ensure that you understand how to control the operations that occur in your business. You must also learn to set goals that are both strategic as well as tactical.

Compensation

Executive managers are compensated according to the size of the organization that they work for, as well as the type of industry that they are responsible for. Most businesses in the United States are now considered to be “small businesses”, or “private organizations”. Individuals that are in the place of an executive manager in these types of businesses are often paid generally less than individuals who have the same role in major companies and businesses.

Normally, an executive manager is compensated by a salary. This salary may pay on a weekly, bi-weekly, or monthly basis. When you break a salary down into an hourly rate, most individuals in this capacity make approximately $18.00 per hour and up. This is a common rate of pay for those who work in a small or private business organization. For those that work in major businesses and corporations, the standard rate of pay per hour averages out to be around $21.00 per hour or more.

Many individuals who are in the career of executive management often receive periodic raises and bonuses for the overall productivity of the business in which they manage. This may or may not be a standard procedure. However, in the sales business and the call center business, many executive managers receive rewards based on the amount of sales, the amount of resolved customers, and call handle times. These bonuses and raises can be anywhere from the low hundreds to the high thousands.

Examples of Industries

There are many industries that hire the services of an executive manager. Some examples of these include:

1. Software Companies
2. Call Centers
3. Hardware Companies
4. Telephone Companies
5. Cell Phone Services
6. Furniture Sales
7. Financial Institutions

If you are interested in acquiring a career in the field of executive management in the United States or Canada, you may consider checking out these companies:

1. PRC – United States
2. Microsoft – United States
3. HSBS Bank – Canada
4. Canquest Communications, Inc. – Canada
5. Service Quality Management Group, Inc. – Canada
6. Sykes Enterprises – United States

Tips to Pick the Right Career

Many individuals spend months or even years not happy with their careers. Some may take any available job while others may follow in their parents footsteps. This may work out for some but many others never discover their true career skills and are dissatisfied with their jobs.

Careful career planning is essential in fulfilling one’s job search that will give years of work enjoyment and satisfaction. If you are going to work it might as well be something you like to do and skilled at doing. Knowing what your skills are and what you are good at is the starting point in choosing the right career.You will unlikely be completely satisfied in your career unless you use the skills you enjoy and are good at.

Ask yourself some questions such as : What interests do I have? What sorts of people would I like to work with?

Don’t confuse an ideal job with a job title. You might enjoy working in one place and hate working in another. Both could have the same job title but be entirely different jobs.

Let’s say you were looking for a job as a sales person or a teacher, these would be job titles. The ideal job within the salesperson category could be in retail sales, real estate, manufacturing sales representatives, car sales, etc. A teacher might teach kindergarten, elementary, middle, or high school students. Or a teacher might teach adults or special need individuals how to read and write. So don’t choose a job just by it’s title but by the different job areas under the title that fits your interests and skills. People are more likely to stay in a career and be successful if it suits their interest and skills.

It would be wise to spend extra time thinking about what type of work you want to do. Some key factors to consider when planning a career is your skills, interests, earnings, location, work environment, kinds of people you like to work with, etc.

You may have to go back to school for more education, but don’t let that hold you back from that ideal job. Education and earnings go hand in hand. The more education you have the more money you are capable of earning. Although earnings are important, liking your work is equally important.

Having a college degree is definitely a plus in career planning, but many trade, technical and other schools offer similar opportunities to individuals without a college degree.

A well trained electrician, plumber, police officer, auto mechanic, computer repair technician, tool and die maker among many others can do very well in todays economy. There are many jobs that only require one or two years of training. Many companies and organizations have on the job training while paying your salary. People in sales, small business, self employment and other job areas do quite well without a college degree, although for better positions more education is often required.

Your career will most likely change over the course of your life no matter how much career planning you do. That make’s it important for you to recognize what you are good at and develop those skills throughout your life. As your interests change you may want to develop new skills.

Good career planning is very important, but it should be done in the context of what you want to do with your life.

 

Management Competences in Find Job

If you are looking for a job, it is important to note what management competences will be required for the type of position you are looking for. E.g., if you are looking for a job that requires being in charge of many people, leadership and people skills will be the most important competences. Nevertheless, if the positions you are interested in involve reviewing many documents and other people’s work, the most important abilities will be attention to detail and follow up abilities.

Once you’ve identified what management competences are required for the jobs you want, it is important to increase your abilities in those areas. A book on management should help you identify what each competency entails, and let you know what to work on for each skill. Books like modern management (cram101 textbook outlines – textbook not included) are especially helpful because they will give you a broad idea of different skills required for management.

When you know what to learn to gain competences in your identified areas, spend some time focusing on each one. Giving yourself daily and weekly goals in your quest for skills will keep you on track. If you’re lucky, you’ve read a book on management before, and already know what skills you possess. Don’t neglect these skills either! Identify your strengths; emphasize them in interviews, and work to make them even better.

You should be aware of how your management competences will be assessed in interviews. When the companies use assessment instruments or tests, you will know you’re being tested. It may be useful to you to know about these tests to udnerstand what to expect from your interview.

Your behavior is considered as clues to your competences by some interviewers. It pays to be polite and respectful to every person you meet from the secretary to the CEO of the company. Likewise, make sure that every detail, including spelling and grammar, on your resume and cover letter is correct. These indicators will be observed and conclusions will be drawn as to your attention to detail or ability to relate to other people

By being aware of what management competences are required for your desired job, increasing those competences, and portraying them in your interview, you will have better luck at getting management jobs.

New Graduates Job Market Strategies

Ideally, the best time for graduates to start looking for an entry level job is before you graduate. College Career Centers are very helpful when utilized. They offer counseling and other career tools, career fair opportunities and internship availabilities. The internships are invaluable beginning for soon-to-be graduates and often a requirement for many degrees. Nearly 60% of interns are asked to stay on permanently after graduation and at the very least; the internship can act as a great reference when getting into the real world after graduation.

For those who were enjoying being in the moment and now are a little in the past – what do you do? First, realize that you need to decide on which career direction you are interested. What is your current career objective? Not sure? Don’t worry many graduates aren’t – instead of procrastinating or doing nothing – chose a path and get started! You can always change your mind and steer yourself in another direction later but you’ll never know what you do like if you don’t find out what you don’t like.

Career coaching is very effective in helping graduates narrow the possible career paths. They offer a variety of tools to help you understand which industries, fields, and work environments best fit you. Use of career assessment with a professional assessment administrator is a good way to start and can be very helpful. Assessments will reveal what your strengths are and usually will provide a great list of career options to think about.

Next is your gathering of career tools. I would of course recommend an experienced certified resume writer, one who is willing to assist you as you make your way through the preparation process. A well focused resume is the most powerful tool you can have, so your career objective at this point is a must! You’ll need at least a presentation resume, cover letter and follow-up letter and an ASCII resume. If your resume writer doesn’t provide additional services in job market strategies they are usually a pretty good source for where to find the services you will need such as interview or career coaching, a resume distribution service and a posting service. Although these additional services will cost you initially, you will save yourself time and much frustration plus with the coaching you will receive pivotal information that will give you an edge or advantage over other applicants during an interview.