A general manager (GM) is responsible for all or part of a department’s operations or the company’s operations, including generating revenue and controlling costs. The responsibility and importance associated with the position may vary among companies and often depend on the organization’s structure.
General Manager Salary In South Africa
A GM often oversees branch managers and their staff, as well as the employees in their head office. They are ultimately responsible for the well-being of the company’s financial growth and stability in terms of making a loss or profit. The salary of a GM at a skilled level is R18,300 – R25,958.
What does a general manager role do?
General managers effectively act as scaled-down CEOs, overseeing the daily operations of a business segment, department, or stand-alone retail location.
They ensure strategic goals are met by setting operational policies, creating and maintaining budgets, managing employees, and more.
What degree is required for a general manager?
Candidates must have passed class 12 with 50% aggregate marks to pursue undergraduate programs in hotel management.
Candidates will be required to clear entrance exams like NCHMCT JEE for the BHM program.
How do you become a general manager?
Step One: Earn a Bachelor’s Degree (Four Years).
Step Two: Gain Early Work Experience (Optional, Timeline Varies).
Step Three: Earn an MBA (One to Three Years).
Step Four: Consider Professional Certification (Optional, Timeline Varies).
What are the benefits of a general manager?
General managers get to interact directly with members of the regular staff and leadership team.
Additional benefits of being a general manager include making a high salary, having a high level of influence over the company’s direction, and gaining vital experience that transfers to different jobs and industries.
What qualities make a good general manager?
Managers need a myriad of interconnected general management skills to contribute to value creation for their respective organizations, however, the four key skills each manager should possess are; Visionary Leadership, Strategy & Development, Negotiation and Conflict Management, and Team-building & Interpersonal Skills.
What are the skills of a general manager?
Excellent verbal and written communication.
Solid presentation skills and ability to explain complex processes to an audience.
Expert in financial management and persistent business will succeed.
Planning and managing the company’s performance.
Manage operations and processes within budget.