Even to the most experienced professionals, business management and business administration may seem like interchangeable terms. Both, a business manager and an administrator, ensure the smooth operation of a company to achieve fiscal targets and add value. But there are subtle differences between the two job roles that entail different responsibilities and credentials.
Business administration is deeply involved in the more technical aspects of the business, such as operations, finances, sales, and marketing — the nitty-gritty of running a venture. Owing to this, business administrators often specialize in a particular field to obtain a set of core skills required specifically for that sector.
On the other hand, business management has a sharper focus on organizing and managing an organization’s resources, including talent. Put simply, it is more people-centric and relies heavily on one’s soft skills. Business managers are excellent communicators, open to innovation, and leaders who are responsible for ensuring employee productivity. Proficient at critical thinking and problem-solving, they establish the company’s vision and strive to offer their best in helping the company reach, as well as exceed expectations.
4 Skills Successful Business Managers Must Have
Owning a business is no mean feat. But what perhaps demands more proficiency is managing people, and that is precisely what a business manager’s role primarily necessitates. Not only must they ace basic skills, such as communication, critical thinking, and strategizing, but they should also possess something extra that sets them apart – a certain je ne sais quoi. Here’s what we think that is.
