General Manager

A general manager is a senior employee in any department who acts as an authority in terms of taking decisions, department changes and evaluating the performance of important appointments in departments. General Manager is basically representative of the department / Organization in any process; audit, quality check and business profits.

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Education

You should pursue a Bachelor of Business Administration (BBA) or Bachelor of Business Studies (BBS). However, graduates from other fields can also become a general manager with experience. Most people who work as General Managers go on to pursue a Masters of Business Administration (MBA) also. Many Managers also do additional diplomas and courses specific to their business area. Experience is very essential in this field.

Knowledge and Tasks

One of the most important skills for general managers is great communication
The ability to manage time and prioritize tasks is an essential characteristic of efficient general managers
Awareness of how an organization is structured and how project teams are formed is very important for general management professional
Problem-solving and Leadership Skills are two other imperative skills.

Personality

People involved in this are highly creative and well organized. They have an intuitive and versatile personality. They possess great leadership qualities. Excellent managers see the big picture concurrent with managing the details.

Salary

Salary can range from 11,00,000- 32,00,000 per annum depending on experience in the field.

Pros

GMs have a great deal of autonomy in operating within their business unit.
They have the power to make significant decisions for the company.
They can implement all their business ideas into a real picture.

Cons

GM is accountable to his or her boss or corporate group for all the activities of the business unit with an emphasis on financial results.
They have all the challenges of running a business.
"With great power comes great responsibility". General Managers also are under a lot of stress to get the job done well and on time.

Top Institutes

India

Indian School of Business (ISB)
Indian Institute of Management- Ahmedabad (IIMA)
Indian Institute of Management- Calcutta (IIMC)
Xavier School of Management (XLRI)- Jamshedpur.
Faculty of Management Studies (FMS)- Delhi.

Abroad

ESMT Berlin, Germany.
Erasmus University of Rotterdam, Netherlands.
IE Business School, Spain.
INSEAD Business School, France.
Bocconi University, Italy

Famous People

Naina Lal Kadwai

She was formerly a Group General Manager and the Country Head of HSBC India. She was awarded Padma Shri. Also, he was the first Indian woman to get an MBA from Harvard in 1982, the first woman president of the Federation of Indian Chambers of Commerce and Industry (Ficci), and the first woman to head a foreign bank’s operations in India.

Karan Paul

Karan Paul is the chairman of the Apeejay Surrendra Group, one of India's oldest and largest privately-owned family businesses. Established in Jalandhar in 1910, the Group has more than 43,000 employees across tea, hospitality, shipping, retail, real estate, and other sectors.