What does a Principal Business Manager do?
Business managers are responsible for the development of the business management goals and objectives with an eye on changes that will ultimately lead to growth and prosperity at a company. Business managers supervise and lead the company's operations and its employees, and they are responsible for various tasks that ensure employees are both efficient and productive. They implement business strategies, evaluate overall and specific company performance, and supervise staff and employees.
Business managers design and implement plans and strategies that promote the attainment of reasonably-set company goals. They work to ensure that company resources are adequate and suitable so that activities and goals can be completed. They organize and coordinate operations that ensure productivity is efficient and the schedule remains timely. In the employee supervision role, business managers provide feedback and suggestions that improve effectiveness and efficiency. Some also represent the company at events or conventions. Business managers need a bachelor’s degree and an MBA.
Principal Business Manager Salaries
Average Base Pay
Principal Business Manager Career Path
Learn how to become a Principal Business Manager, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.