From chief operating officer to branch manager
13 of the 47 essential skills of a branch manager are already essential for a chief operating officer — about 28% of the job, before you learn anything new.
These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.
- 13
- skills carry over
- 34
- would be new
- 28%
- of the target job covered
- 47
- essential skills of a branch manager
What a branch manager does
Branch managers are responsible for the management of all the affairs related with a company in a specific geographic region or business branch. They receive indications from the headquarters, and depending on the structure of the company, they aim to implement the strategy of the company while adapting it to the market where the branch operates. They envision management of employees, communications, marketing efforts, and follow up to results and objectives.
What carries over
13 skillsEssential in both jobs. This is the part of the move you have already made.
- abide by business ethical code of conducts
- analyse business plans
- collaborate in company's daily operations
- company policies
- conclude business agreements
- ensure lawful business operations
- evaluate performance of organisational collaborators
- financial statements
- integrate strategic foundation in daily performance
- make strategic business decisions
- negotiate with stakeholders
- plan medium to long term objectives
- track key performance indicators
What would be new
34 skillsEssential for a branch manager and not for a chief operating officer. Note that the taxonomy describes activities rather than tools, so some of these may be things you already do under a different name.
- accounting
- align efforts towards business development
- analyse business processes
- analyse financial risk
- apply business acumen
- assume responsibility for the management of a business
- business law
- business management principles
- control financial resources
- corporate social responsibility
- cost management
- create a financial plan
- create a work atmosphere of continuous improvement
- develop business plans
- develop company strategies
- develop revenue generation strategies
- execute marketing plan
- exercise stewardship
- financial jurisdiction
- financial management
- follow company standards
- follow the statutory obligations
- impart business plans to collaborators
- integrate headquarter's guidelines into local operations
- liaise with managers
- manage office facility systems
- manage staff
- marketing principles
- organise participation in local or international events
- recruit employees
- report on overall management of a business
- strategic planning
- strive for company growth
- synthesise financial information
Other moves from chief operating officer
2 roles- chief executive officer15 skills in common
- business manager11 skills in common
← chief operating officerbranch manager →The other way round
No account needed to start
How far are you from being a branch manager?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.