From chief operating officer to business manager
11 of the 35 essential skills of a business manager are already essential for a chief operating officer — about 31% 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.
- 11
- skills carry over
- 24
- would be new
- 31%
- of the target job covered
- 35
- essential skills of a business manager
What a business manager does
Business managers are responsible for setting the objectives of the business unit of a company, creating a plan for the operations, and facilitating the achievement of the objectives and implementation of the plan together with employees of the segment and stakeholders. They keep an overview of the business, understand detailed information of the business unit and support the department, and make decisions based on the information at hand.
What carries over
11 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
- 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
24 skillsEssential for a business 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.
- analyse business processes
- apply business acumen
- assume responsibility for the management of a business
- build business relationships
- business communication
- 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
- exercise stewardship
- financial forecasting
- follow company standards
- liaise with managers
- manage staff
- recruit employees
- risk identification
- strategic planning
- strive for company growth
Other moves from chief operating officer
2 roles- chief executive officer15 skills in common
- branch manager13 skills in common
← chief operating officerbusiness manager →The other way round
No account needed to start
How far are you from being a business 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.