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1C Việt Nam
(28.08.2024)

What is General Manager? Everything you need to know

What is General Manager? What are their main tasks in the business? Is General Manager different from General Director? Let's find answers to the above questions with 1C Vietnam through the following article!

1. What is General Manager?

General Manager is a position responsible for taking on part or all of the activities of a department or company, such as: Generating revenue and controlling costs.

In the organizational chart, the General Manager has a higher position than employees but lower than the executive director. Therefore, the responsibilities and importance of the GM for each position may vary and depend on the structure of the organization.

What is General Manager?
General Manager is responsible for generating revenue or controlling the financial situation of the business

2. General Manager's duties

In fact, the functions and tasks of the General Manager are not the same and can change depending on the field and how each business operates. However, the General Manager is still responsible for some common tasks as follows:

  • Supervise and provide direction to lower managers.
  • Manage budgets, costs and financial performance.
  • Supervise recruitment, training and performance evaluation of employees.
  • Build and maintain strategic relationships with stakeholders.
  • Ensure the organization operates in accordance with the law.
  • Control, maintain quality and ensure products/services meet customer expectations.
  • Create effective strategic business plans based on the overall goals of the business.
  • Responsible for daily operations and financial functions of the business.
  • Collaborate with managers and senior directors to budget for recruiting and material marketing resources.
What is General Manager?
General Manager undertakes the job of managing all activities of the business

3. What is General Director?

What is General Director? General Director is the name of people in the senior leadership group in a business. The General Director's main job can be General Director, President or CEO... Therefore, the General Director plays a very special role in the business, working under the authority of the Board of Directors at organizations or individuals. large-scale corporation.

What is General Manager?
The General Director is responsible for completing the tasks assigned by the Board of Directors

4. Duties of General Director

General Director will have different job titles, depending on the position they undertake. However, in general, the General Director's job often includes the following:

  • Develop business plans and strategies and propose specific directions to present to the Board of Directors.
  • Set short-term and long-term financial goals.
  • Responsible for decisions made about the operation and operations of the business.
  • Is the person who operates and manages the internal situation.
  • Monitor and evaluate the effectiveness of implemented work.
  • Generate profits for businesses.
  • Ensure that business operations are completed in accordance with the law.
What is General Manager?
General Director supports resolving outstanding tasks

5. Difference between General Director and General Manager

General Director and General Manager are two familiar concepts in business and are often confused with each other. However, the jobs, responsibilities and scope of authority are completely different. Below is a detailed comparison table of General Director and General Manager that businesses need to know:

Compare

General Director

General Manager

Concept

Is the Managing Director, also known as CEO.

Carry out tasks issued by the Board of Directors.

As a senior manager, responsible for the business situation of relevant departments/departments.

Position

Check and supervise senior positions in the business, including General Manager.

Supervise and manage departments/departments as requested by superiors.

Support General Director to successfully complete management tasks when required.

Role

Set specific goals, vision and development strategies.

Implement activities according to the roadmap to achieve the goals set by the CEO.

Operational process

Includes the process of monitoring performance, handling situations and incidents that arise in the business.

Responsible for all business performance results.

Deploy requirements as assigned and instructed by superiors.

Maintain and ensure work/product quality before reaching customers. At the same time, it is also the contact point with customers.

Work environment

Work in an office environment with other senior executives, overseeing branches of the business and meeting with customers and partners.

Work in a variety of environments and spend time in the office collaborating with members of the management team.

What is General Manager?
General Director and General Manager both contribute to ensuring that work takes place according to set goals

6. Requirements to become a professional General Manager

General Manager is a position responsible for solving many complex tasks. Therefore, to become a professional, candidates must meet conditions such as: Skills, professional knowledge and work acumen. These are important factors that help the General Manager maintain success and receive the trust of senior management.

6.1 Skills

Skills are one of the top requirements for a General Manager to successfully complete leadership tasks in the business. The required skill set of a General Manager will include:

  • Multitasking skills: Able to perform many different tasks, helping work to always be handled comprehensively, avoiding errors.
  • Communication skills: This is an essential skill of a manager. When exchanging work, communicating fluently and skillfully will create attraction and a good impression in the hearts of customers and partners.
  • Leadership skills: Support in arranging and organizing specific tasks for employees to quickly achieve common business goals.
  • Analytical skills: Turn complex problems into simple ones by making decisions from available information.
  • Office IT skills: An important skill for every General Manager and general director, especially in the current digital transformation era. Knowing how to use office information software helps the General Manager handle work quickly and with greater efficiency.
What is General Manager?
Acquiring many important skills will help the General Manager complete assigned tasks well

6.2 Have experience and expertise

The General Manager job does not require a graduate degree in economics or management. However, if the initial starting point is from these fields, it will greatly support your work and quickly become a successful and professional General Manager.

What is General Manager?
Experience and expertise in the economic industry are always given priority when recruiting for the position of General Manager

6.3 Decisive and sensitive

To become a professional General Manager, candidates need to be decisive, sensitive and creative in the working process. Especially in unexpected situations, wise decisions will ensure that business operations and development do not encounter any obstacles.

What is General Manager?
General Manager needs to possess acumen and decisiveness to make wise decisions or strategies

7. Basic salary of General Manager

Besides being concerned about what a General Manager is, the salary of this position also receives quite a lot of attention. Because of the complex responsibility and workload requirements, the salary of the General Manager position is often very high.

Depending on the size and business field of the enterprise, the General Manager's salary will also have significant differences. According to research by Vietnamsalary, the current basic salary of a General Manager is 24.2 - 50.8 million VND/month and the highest salary is up to 115 million/month.

What is General Manager?
The General Manager's salary will depend on the scale of operations of the business

8. 1C:ERP - Great business management tool for General Manager

1C:ERP software is one of the comprehensive business management solutions, especially useful for General Managers in operating and developing the company. With the ability to integrate many functions from financial management, purchasing management, sales,... to warehouse and production management, 1C:ERP helps optimize work processes and minimize errors. due to human impact.

Furthermore, 1C:ERP's detailed reporting and powerful data analysis system provides the General Manager with an overview and insight into the business's operations, thereby making strategic decisions. accurate and timely. Using 1C:ERP not only helps increase work efficiency but also enhances the competitiveness of businesses in the market.

What is General Manager?

1C:ERP is the leading solution to help General Manager manage his business easily

Thus, the article has helped your business answer information related to what General Manager is, the duties and differences between General Director and General Manager, as well as the requirements to become a professional General Manager. It can be seen that General Manager is a senior management position, playing an important role in business activities. On the journey to becoming a potential General Manager, 1C:ERP will be an effective tool to support managers in comprehensive business administration. Contact 1C Vietnam for detailed advice and software experience.


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