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[Infographic] 4 Career Paths to Explore in Business Management

If you’re considering starting your business management training, you’ll be building a number of valuable skills which are transferable to a wide range of careers. Within a business management program, you’ll learn all about how to help businesses adapt and evolve in order to thrive in the modern world, providing valuable input to improve the performance of a company’s operations. As a professional in the business management industry, you’ll be able to analyze and assess the managerial strategies of an organization and determine how they could be made more effective. Throughout your career, your responsibilities might include conducting audits, developing standards of quality, planning the reorganization of an institution’s operations, conducting research on the effectiveness of systems and strategies within different sectors of an organization and more. 

Once you obtain your business management diploma, there are a number of different fields in which you can find employment, including sales and marketing, human resources, finance, e-commerce, real estate and more. Within these fields, your skills will qualify you for a few different career paths, including project management, entrepreneurship, administration, and business consulting. Let’s explore these career paths in greater depth. Check out the infographic below to learn more.

[Infographic] 4 Career Paths to Explore in Business Management

  1. Project Management

Main responsibilities of a project manager:

  • Organize and oversee company projects
  • Ensure efficient and cost-effective completion
  • Prepare budgets and allot resources
  • Align projects with company goals

Skills: 

  • Leadership
  • Problem-solving
  • Communication
  1. Entrepreneurship

Responsibilities of a business owner:

  • Create an effective business plan, including plans for marketing and sales
  • Coordinate day-to-day operations of personal business
  • Hire and mentor staff

Qualities of Successful Business Owners:

  • Management and Leadership
  • Communication
  • Negotiation
  1. Administration

Main responsibilities of an administrative officer:

  • Maintain inventory
  • Compile administrative and financial reports
  • Store and manage company information and data
  • Coordinate communication among employees

Skills: 

  • Organization
  • Interpersonal skills
  • Attention to detail
  1. Business Consulting

Main responsibilities of a business consultant:

  • Help companies to improve their business model
  • Analyze business to determine a strategy for optimization
  • Implement changes for clients

Skills: 

  • Interpersonal skills
  • Analytical skills
  • Written and verbal communication

Sources:

https://www.floridatechonline.com/blog/business/business-owner-entrepreneur-career-and-salary-profile/#:~:text=Business%20Owner%20Job%20Description,day%20operations%20of%20their%20business.&text=Some%20of%20the%20main%20tasks,or%20service%20with%20the%20public.

https://www.indeed.com/hire/job-description/administrative-officer

https://www.glassdoor.ca/Job-Descriptions/Project-Manager.htm#:~:text=Project%20managers%20are%20responsible%20for,stakeholders%20informed%20the%20entire%20way.

https://www.glassdoor.ca/Job-Descriptions/Business-Consultant.htm#:~:text=The%20primary%20role%20of%20a,more%20substantial%20Business%20Consulting%20Firm.

https://resources.workable.com/administrative-officer-job-description

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