13- Senior managers - financial, communications and other business services
Senior managers - financial, communications and other business services
Senior managers in this unit group are usually appointed by a board of directors, to which they report. They work either alone or in conjunction with the board of directors to develop and establish objectives for the company, and to develop or approve policies and programs. They plan, organize, direct, control and evaluate, through middle managers, the operations of their organization in relation to established objectives. They work in establishments throughout the telecommunications, finance, insurance, real estate, and data processing, hosting and related services industries as well as other business service industries.
Senior managers in this unit group perform some or all of the following duties:
Determine the company's mission and strategic direction as conveyed through policies and concrete objectives which are met through the effective management of human, financial and material resources
Authorize and organize the establishment of major departments and associated senior staff positions
Allocate material, human and financial resources to implement organizational policies and programs; establish financial and administrative controls; formulate and approve promotional campaigns; and approve overall human resources planning
Select middle managers, directors or other executive staff; delegate the necessary authority to them and create optimum working conditions
Represent the organization, or delegate representatives to act on behalf of the organization, in negotiations or other official functions.
Senior managers in this unit group may specialize in areas such as finance, marketing or human resources or in a particular service area.
A university degree in business administration, commerce, computer science or other discipline related to the service provided is usually required.
Several years of experience as a middle manager in financial, communications or other business services are usually required.
Specialization in a particular functional area or service is possible through specific university training in that area or through previous experience.
Senior managers in finance usually require a professional accounting designation.
There is mobility among senior management occupations.
Related middle managers are classified in the following minor groups:
Managers in communication (except broadcasting) (013)
Managers in engineering, architecture, science and information systems (021)
Managers in financial and business services (012)
Similar O*NET Careers (USA) :
Source Of Info:
National Occupation Classification, (2011)
Statistics Canada and Human Resources and Skills Development Canada,
Catalogue no. 12-583-X