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Top Six High-Paying Jobs in Business Management

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If you want to establish a career as a business management professional, you need to have a clear idea of what you want to be. There is a wide range of business management positions available, so you need to make a decision as per your skills and qualifications. From marketing to sales manager, finance manager to supply chain manager, you have plenty of options to explore, so you must make a decision accordingly. 

Also, it is better to consult a professional on the position that you are interested in. For example, if you want to be a marketing manager, you need to consult a marketing manager with good experience. It will help you learn about the duties of a marketing manager and how you have to lead the marketing team. In this way, you will be able to know whether you can do justice to the responsibilities of this position or not. Professional individuals with years of experience know the dos and don’ts of a particular business management position. Hence, they can provide you with useful insights. It can make decision-making easier for you by helping clear your doubts and confusion. 

Without further ado, let’s find out some high-paying jobs in business management. 

Chief Executive Officer 

Chief executive officers offer their services in the private and public sectors. It is one of the highest-paying positions in business management. As a chief executive officer, you are supposed to plan, coordinate, and manage the company’s operations. You must earn at least an MBA to qualify for this position. For convenience and flexibility, you can consider virtual education platforms.

In such a case, MBA online no GMAT (graduate management admission test) required degree can be the perfect fit for you. You can skip taking the admission test by opting for such a degree program. But your previous academic record is crucial as your admission depends on it. So, if you plan to join a top business company as a chief executive officer, you need to keep these points in mind. The average annual salary of chief executive officers is $184,460. 

Sales Manager 

Another high-paying job in business management that you can opt for is the sales manager position. While working in this position, you are supposed to lead the sales team and work with them to fulfill the sales target. Also, you need to hire and train individuals by guiding them about different techniques to close more sales efficiently. Sales managers are also supposed to create a results-driven sales plan that can help improve ROI, profits, and overall selling strategies. 

You must understand that you can only get a high-paying job as a sales manager if you have the right skills and experience. Selling is an art, and you need time to master this art. Also, you need to work on your communication skills to be a successful sales manager. It can enable you to deal with dissatisfied customers and convince them to make a purchase. The average annual salary of the sales manager is $126,640.

Marketing Manager 

If you love the field of marketing, then this position could be the right fit for you. As a marketing manager, you should come up with unique and results-driven marketing ideas. You need to create engaging marketing campaigns to help the company effectively market its products and services. Also, you have to lead a marketing team, so you need to set good examples and implement effective strategies by staying within the budget. 

To become a good marketing manager, you should be able to analyze the competitor’s data smartly. By doing this analysis, you will get an idea of what your competitors are doing, so you can create unique marketing strategies to outsmart them. It will help your company gain cutting-edge over competitors and, most importantly, increase your professional worth. The average annual salary of the marketing manager is $154,470. 

Business Development Manager 

Business development managers are supposed to play an important role in the expansion of businesses. They are responsible for looking for new opportunities for business partnerships with potential clients to increase the current revenue of the company. 

Also, as a business development manager, you should get in touch with companies and people who can help your company with new ventures. You are expected to build a vast and solid business network to convey the brand values of a particular company to as many people as possible. From cold calling to advertising campaigns, you need to leverage different techniques to fulfill your duties to enhance the business growth of a particular company. The average annual salary of the business development manager is $128,928. 

Financial Manager 

Financial managers are supposed to keep track of the finances of the company. They have to create financial reports to make a positive impact on the business decisions and plans. From creating a budget to analyzing the company’s financial health, you need to fulfill different duties as a financial manager.

Financial managers are in charge of the financial performance of the company. You have to monitor the cash flow of the company and come up with recommendations to help the company reduce business costs. Also, you must keep track of the taxes to avoid penalties from the government. The average annual salary of the financial manager is $129,890. 

Supply Chain Manager

Supply chain managers are responsible for ensuring that the companies’ products are delivered efficiently and on time. They act as the middleman for suppliers and service providers and help negotiate contracts for the company’s benefits. Supply chain managers also have to look after the storage, manufacturing, inventory, and delivery of the products. 

As a supply chain manager, you need to ensure that all your staff takes the necessary precautions in warehouses. You also have to ensure that the quality of products and services is up to the mark. The average annual salary of the supply chain manager is $110,662.

Conclusion 

The above-mentioned high-paying business management jobs will help you make the right decisions based on your skills and capabilities. You need to understand that the requirement of every position is different, so take your time before making a final decision. Once you are clear about your decision, you should work to develop skills as per the requirement of that position. It will help you land your desired job with a high pay scale. 

The post Top Six High-Paying Jobs in Business Management appeared first on Jobacle.com.

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Why Your Resume Will NOT Get You The Job
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Why Your Resume Will NOT Get You The Job

If you’re like most job seekers, you probably think that your resume has the power to get you the job. It can make or break a hiring manager’s decision to hire you. Well, that’s actually not true.

I need to make this clear to all of you job seekers out there: your resume is not going to get you the job.

Here’s why…

Your Resume Will Get You The Interview (NOT The Job)

@j.t.odonnell Your #resume will NEVER, EVER get you the job. Here is why… #resumetips #jobsearch #careerhelp #careertok #jobtok #job #jobtips #jobs #careeradvice #career #recruiter #careers ♬ original sound – J.T. O’Donnell

The resume’s purpose is to get you the interview. Its purpose is to get past the ATS using the correct keywords, and then it needs to give the hiring manager just enough information to want to call you to learn more about your skills and experience.

Unfortunately, so many job seekers are agonizing over their resumes, spending weeks and months on them as time goes on and they’ve yet to find a job. Or worse, spending hundreds of dollars on a resume writer who will write them an overdone, stuffy, wordy, subjective resume that recruiters do not want.

The truth is, you don’t need to spend that much time or money on your resume.

Today, recruiters want a skimmable resume—a six-second resume that they can quickly interpret to decide if they should call you. And given the fact that less than 3% of people who apply online ever hear back, the more you can create a skimmable resume that gets them to want to call you, the better.

But the most important thing I need you to understand about your resume is to stop making it the main focus of your job search. Your time will be far better spent on updating a LinkedIn profile and learning how to connect with employers so you can get around the ATS.

Please stop thinking your resume is the thing that’s going to get you the job because it won’t. It just needs to get you the interview.

Need more help with your resume?

Sign up for my FREE Resume & LinkedIn Bootcamp today to learn how to update your resume and LinkedIn profile the way recruiters want!

4 Steps To Writing A Disruptive Cover Letter
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4 Steps To Writing A Disruptive Cover Letter

In my experience as an executive resume writer, cover letters only get read about a third of the time they are sent. That being said, when one is required, or you are hoping for that added edge to get a hiring manager’s attention, there is no doubt a great cover letter can make all the difference.

To accomplish this, your cover letter must be disruptive and draw them in.

Here are some things to keep in mind when you’re writing a disruptive cover letter.

Paragraph 1: Tell A Story

Woman writes a disruptive cover letter for a job opening

In the first paragraph of your disruptive cover letter, you need to establish a connection between you and the employer. How do you do that? Well, you need to tell a story.

The surest way to stand out to employers is to tell a story about why you feel connected to their company.

Don’t just reiterate what you say in your resume in the very first paragraph of your cover letter. Explain what you admire about the company you’re applying to. Do they sell a product or provide a service that’s had a big impact on your life? Do they support causes you are passionate about? Why do you feel connected to their mission?

Ultimately, you want to tell a story about what drew you to the company, and the important role it has played in your life.

Paragraph 2: Dig Deeper And Get Them Excited About What Comes Next

Man writes a disruptive cover letter to impress hiring managers

The second paragraph must provide the hiring manager with some added context about your unique background, and set the stage for some career highlights that, to quote an old saying, “puts your money where your mouth is.”

Blend language from the job description together with nuggets of information that are unique to you. Set the stage for how you are qualified for the role you are applying to. But, don’t overdo it.

Continue your story and relate it to the position, all while emphasizing that connection.

Paragraph 3: Hard Hitting Highlights

Job seeker writes a disruptive cover letter

Select a couple of examples from your resume that you believe will impress recruiters and hiring managers. Rather than a complete cut and paste, reword these achievements and frame them in a way that shows the employers what you can do for them.

In many cases, numbers resonate more than words, so be sure to include quantifiable examples wherever possible.

Paragraph 4: Say Goodbye While Refreshing Their Memory

In this fourth and last paragraph, be sure to thank the hiring manager for taking the time to read your disruptive cover letter (remember that not all managers do!).

Next, use this last bit of space to help the reader connect the dots to show them why you are a great job candidate, a business-of-one who can provide a service they need with a personal connection to the company that is invaluable.

Remember: You never get a second chance to make a first impression. Make yours count with an impactful and disruptive cover letter that separates you from the competition!

Need more help with your job search?

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This article was originally published at an earlier date.

Optimizing Remote Workshops For Enhanced Collaboration
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Optimizing Remote Workshops For Enhanced Collaboration

In the wake of the pandemic, businesses worldwide rapidly adopted tools such as video conferencing technology to facilitate remote collaboration within distributed teams. Despite the move towards this technology, large workshops that were traditionally dependent on physical spaces have continued to remain in-person events for many organizations.

And I get it—meeting in person can help foster camaraderie and sidebar conversations. Employees can tune out from the constant Slack and email notifications, focusing on the task at hand. But in my experience, in-person working sessions also bring on massive inefficiencies. Many colleagues are forced to dust off their suits and travel from various locations, disrupting their routines and sleeping habits. Despite efforts to gather everyone in person, inevitably there are individuals who either live in distant markets or couldn’t attend in person and must virtually dial in, leading to a fragmented experience. Whiteboarding is done on large Post-it notes, requiring someone to take pictures and manually transcribe information for digital sharing. Employees end up spending long days in conference rooms, feeling drained, and often feel obliged to attend happy hours.

Companies aiming to sustain or even improve creativity, culture, and engagement need to invest in alternatives that meet the flexibility of the current business environment.

According to a Gallup poll, 51% of employees report disengagement from their work. The difficulty lies in maintaining a robust company culture when most interactions occur through screens (source).

Benefits Of Virtual Workshops

Woman works from home during the summer

While many argue that in-person workshops are more personal and interactive than remote meetings, new and innovative technologies are bringing benefits to distributed brainstorming:

  • Productivity: Parallel team ideation leads to significant time savings, shorter time to produce artifacts with templatized digital materials, and accelerated decision-making with digital features such as voting and timers.
  • Cost Savings: Digital meet-ups are far more cost-effective than teams traveling to a centralized location, workspaces are quicker to set up, and they require less logistical coordination than in-person sessions.
  • Greater Inclusivity: Virtual sessions guard against groupthink, creating an equitable environment where no single individual or group dominates ideas.
  • Streamline Documentation & Scale: Teams can easily share workshop documents, create standardized company-wide templates, and integrate with existing external digital tools/workflows. Digital whiteboards maintain “the whole story” of the session as well as reduce the need for duplicative notes.

Use Cases

Woman attends a remote workshop

As a management consultant, I often act as the facilitator, incorporating virtual workshops in various scenarios across clients. Here are some ways I have leveraged remote workshops to enhance collaboration:

  • Process Mapping: Partnered with teams to develop a new marketing process by grouping various stakeholder groups and mapping the current state customer journey from start to finish. Understanding the customer journey helped the team come up with innovative ideas for the future state.
  • Gap Assessment: Created a structured, collaborative discovery framework to help a company determine gaps across people, processes, and technology in their current operations. Recommendations to remediate current challenges were voted on and prioritized, which created the design of future projects.
  • OKR Coaching: Utilized a virtual whiteboard to organize ideas for OKR development. The team identified strategic themes and prioritized the most critical areas of focus. We created an actionable plan with defined objectives and key results.
  • Retrospectives: Leveraged the agile retrospective framework “Rose, Bud, Thorn” to recap and reflect on a program that required cross-functional collaboration between teams. Walking away, the teams felt they had fostered a culture of continuous improvement and ultimately improved morale.

Additional popular use cases include prototyping, “Design Think,” team stand-ups, strategic planning, project charters, and more.

Best Practices

Man on laptop attends a remote workshop

To ensure successful virtual brainstorming sessions, consider the following best practices:

  • Choose the Right Tool: Select a collaboration tool that is quick to learn, requires minimal setup, and aligns with any company security requirements (i.e., industry regulations, privacy, GDPR, etc). My favorite tool is Mural, given its optimized user interface, flexible permissioning, and timer features.
  • Define the Scope: Clearly define objectives, problem statements, and establish guidelines for communicating through the session.
  • Design: There is no need to recreate the wheel; take advantage of templatized frameworks. Think about how you want to organize and prioritize ideas as a group.
  • Choose a Facilitator: Designate a facilitator to ensure a productive and respectful environment.

In conclusion, embracing virtual workshop tools can transform remote working challenges into opportunities for enhanced collaboration, creativity, and engagement within distributed teams.

Top 8 Career Choices For Women
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Top 8 Career Choices For Women

Whether you’re a college student trying to figure out where your true calling lies, an experienced professional getting back to work, or someone just looking for a career in another field, you need to make your choice carefully. With women making considerable strides in fields that were previously male-dominated, the lines of career limitations have blurred.

There are more career choices available to women now than ever before. A woman plays many roles—sister, daughter, friend, wife, mother, confidante, breadwinner, and so on. You, being a multitasking woman, need to find a career that not only pays you well, but allows you to be a career woman without having to compromise on any of these roles.

If you think this is impossible, think again!

Lots of women have found careers that balance beautifully with their family life. So, now that you know it isn’t unthinkable to achieve work-life balance, how about making it happen for yourself?

With a plethora of options, you may have a tough time deciding which career would be most suitable for you. Of course, no two women are the same and neither are their choices. But some careers provide women with the best opportunity to achieve both career success and work-life balance.

Here are the top eight career choices for women:

1. Entrepreneurship

Woman entrepreneur working at her own restaurant

For women who want a chance to do what they really love doing, who have always dreamed of starting their own business, entrepreneurship could be the perfect career.

Wouldn’t it be great to work from a place of your choice and at your own time? This would give you the flexibility to allocate time to your business and family as needed.

This is also one of the biggest challenges you will ever take up in your life as every decision will rest on your shoulders. Your employees would depend on you for their livelihood. Hence, this is also a great way to contribute to society.

Being an entrepreneur lets you be in charge because it is you who runs the show. Instead of putting in efforts to generate profits for other companies, why not channel those efforts towards creating greater profits for yourself?

2. IT

Woman working in IT

With IT companies starting up and mushrooming rapidly, it’s little wonder that this field has become so popular among women.

Young women can take up a career in the IT sector after earning a certificate or bachelor’s degree in an applicable field, like computer science, informational technology, and cyber security. There are also many programs available to women of all ages who want to learn how to code—one of the most useful and in-demand skills in today’s job market.

The ease and excitement of working on the internet, designing software and apps, implementing IT solutions for businesses, security, gaming, smartphones, etc. could be a huge draw. This is another field where you can make a difference as well as earn good money.

3. Medicine

Woman doctor smiles at her desk

Whether you choose to be a pharmacist, a surgeon, or a nurse, a career in the medical field provides women with the ability to achieve career success and wealth. Plus, there’s good job security.

As a qualified professional, you will always be in high demand, and once you’ve gained significant work experience, there’s going to be no looking back.

4. Teaching

Woman teaches her students

Teaching has always been considered one of the most women-friendly careers as it allows women to spend sufficient time with their families, de-stress, go on vacations, and balance home and work. It’s also one of the most rewarding and important careers anyone can choose to pursue.

The best part of being in the teaching field is that recession or no recession, your skills will always be sought after.

5. Human Resources

Woman in HR talks to a potential employee

This field is perfect for women who have a penchant for working in the corporate world and interacting with people to solve organizational issues.

The job involves shortlisting and interviewing candidates, hiring and training them, setting their pay, benefits, and perks, designing appraisal systems, formulating policies and leave structures, looking after employee welfare, and settling disputes.

Every large organization needs qualified and experienced HR personnel and they are paid quite well, too.

6. Psychology

Woman therapist talks to a group of people

No one solves problems like a woman does.

Given the fact that most women are good observers, empathetic listeners, and great communicators (all soft skills employers want in employees), they’re sure to excel as psychologists or therapists.

A career in this field allows you to help those struggling to overcome many different personal and family problems. With substantial work experience, you can stand to make a lot of money and even charge on an hourly basis.

7. Interior Design

Woman chooses interior design as a career

You’ve probably put in a lot of thought and effort into designing your home and making it look stunning. From selecting the perfect hangers for the closet to picking out the most exquisite lampshade, you know what it takes to make a home beautiful.

Now, how about extending this talent a little further and helping others make their home look gorgeous, too? A career in interior design is a great option for women who are creative, organized, and detail-oriented—who don’t want a boring office job.

As you develop your career as an interior designer, you also gain the flexibility to pick your clients and appointments and get paid immensely well.

8. Media

Woman chooses a career in media

For women who are creative, good at communication, and love research, media is the place to be.

All companies nowadays have (or should have) social media accounts that need managing, in addition to their primary marketing and PR departments, so this field is only growing.

Writing, advertising, public relations, journalism, photography—there are many choices available for women who want to pursue a career in media.

Women today can achieve it all, from financial independence to a family, and from a progressive career to a great personal and social life. And, why not? Your decisions have the potential to give you all that you desire.

So, make sure you decide well!

If you’re a woman struggling to find the right career for you, we can help.

We’d love it if you joined our FREE community. It’s a private, online platform where workers, just like you, are coming together to learn and grow into powerful Workplace Renegades.

It’s time to find work that makes you feel happy, satisfied, and fulfilled. Join our FREE community today to finally become an empowered business-of-one!

This article was originally published at an earlier date.