Managing Director

Managing directors are able to hold a complete idea of the functioning of the business, its departments, risks, and stakeholders. They analyse different kinds of information and create links among them for decision-making purposes. They serve as a communication link with the board of directors for reporting and implementation of the overall strategy.

Essential Skills and Competencies

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• analyse business objectives • analyse financial performance of a company • assume responsibility for the management of a business • conclude business agreements • define organisational standards • delegate activities • develop business plans • develop company strategies • develop organisational policies • develop revenue generation strategies • establish collaborative relations • imprint visionary aspirations into the business management • integrate shareholders' interests in business plans • integrate strategic foundation in daily performance • interpret financial statements • lead managers of company departments • liaise with shareholders • make strategic business decisions • negotiate with stakeholders • plan medium to long term objectives • shape corporate culture • shape organisational teams based on competencies • show an exemplary leading role in an organisation • strive for company growth • track key performance indicators

Knowledge

• business process modelling • company policies • financial management • financial statements • marketing management

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