Ten strategic manager responsibilities?

You have taken over as the manager of a firm in an industry with promising prospects for growth and profitability. Clearly discuss any ten Strategic management responsibilities you need to undertake to meet your vision of sustained high profit above industry average 1) Take care of your employees! They can make or break you. 2) Provide the best of whatever it is you are in the business of making. 3) Marketing, marketing, marketing!!! 4) Research, not only the market, but your competition and future needs. 5) Strong fiscal management...not only will it help your bottom it will make your company more attractive for number six. 6) If not already done, sell stock in the company. Keep 51 percent for yourself, but put the rest on the market. 7) Customer service, customer service, customer service, It is a lost art anymore. If I can talk to a real person when I have a problem, I will stay with that company for life!!! 8) Work with the suppliers of your raw materials and other needs. Power companies can offer special rates as can local governments on taxes. Both want you to be in there system...make them work for it! 10) Never, ever give out everything...if you want number 10 and more put me on the pay-role! Marketing manager 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Instilling a marketing led ethos throughout the business Researching and reporting on external opportunities Understanding current and potential customers Managing the customer journey (customer relationship management) Developing the marketing strategy and plan Management of the marketing mix Managing agencies Measuring success Managing budgets Ensuring timely delivery Writing copy Approving images Developing guidelines Making customer focused decisions

Sales manger Responsible for the development and performance of all sales activities in assigned market. Staffs and directs a sales team and provides leadership towards the achievement of maximum profitability and growth in line with company vision and values. Establishes plans and strategies to expand the customer base in the marketing area and contributes to the development of training and educational programs for clients and Account Executives. Responsibilities 1. Develops a business plan and sales strategy for the market that ensures attainment of company sales goals and profitability. 2. Responsible for the performance and development of the Account Executives. 3. Prepares action plans by individuals as well as by team for effective search of sales leads and prospects. 4. Initiates and coordinates development of action plans to penetrate new markets. 5. Assists in the development and implementation of marketing plans as needed. 6. Conducts one-on-one review with all Account Executives to build more effective communications, to understand training and development needs, and to provide insight for the improvement of Account Executive s sales and activity performance. 7. Provides timely feedback to senior management regarding performance. 8. Provides timely, accurate, competitive pricing on all completed prospect applications submitted for pricing and approval, while striving to maintain maximum profit margin. 9. Maintains accurate records of all pricings, sales, and activity reports submitted by Account Executives. 10. Creates and conducts proposal presentations and RFP responses. 11. Assists Account Executives in preparation of proposals and presentations. 12. Controls expenses to meet budget guidelines. 13. Adheres to all company policies, procedures and business ethics codes and ensures that they are communicated and implemented within the team. 14. Recruits, tests, and hires Account Executives based on criteria agreed upon by senior management. 15. Relationships and Roles:

Internal / External Cooperation

Insures that all Account Executives meet or exceed all activity standards for prospecting calls, appointments, presentations, proposals and closes. Delegate s authority and responsibility with accountability and follow-up.

Sets examples for Account Executives in areas of personal character, commitment, organizational and selling skills, and work habits. Conducts regular coaching and counseling with Account Executives to build motivation and selling skills. Maintains contact with all clients in the market area to ensure high levels of client satisfaction. Demonstrates ability to interact and cooperate with all company employees. Finance manager 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. providing and interpreting financial information; monitoring and interpreting cash flows and predicting future trends; analyzing change and advising accordingly; formulating strategic and long-term business plans; researching and reporting on factors influencing business performance; analyzing competitors and market trends; developing financial management mechanisms that minimize financial risk; conducting reviews and evaluations for cost-reduction opportunities; managing a company's financial accounting, monitoring and reporting systems; liaising with auditors to ensure annual monitoring is carried out; developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue; producing accurate financial reports to specific deadlines; managing budgets; arranging new sources of finance for a company's debt facilities; supervising staff; Keeping abreast of changes in financial regulations and legislation. typical activities include: providing and interpreting financial information; monitoring and interpreting cash flows and predicting future trends; analyzing change and advising accordingly; formulating strategic and long-term business plans; researching and reporting on factors influencing business performance; analyzing competitors and market trends; developing financial management mechanisms that minimize financial risk; conducting reviews and evaluations for cost-reduction opportunities; managing a company's financial accounting, monitoring and reporting systems; liaising with auditors to ensure annual monitoring is carried out; developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue; producing accurate financial reports to specific deadlines; managing budgets; arranging new sources of finance for a company's debt facilities;

31. supervising staff; 32. Keeping abreast of changes in financial regulations and legislation.

Company Secretary Duties and Responsibilities: A Company Secretary is the person who is responsible for organizing board meetings, informing board of directors about the impending meeting, formulating the agenda of the meeting with Chairman and/or Chief Executive, compiling the minutes of the meeting and maintaining minute books. 1. A Company Secretary has to ensure that Annual General Meetings (AGM) is held as per the Companies Act and the companies Article of Association. He/She is responsible for issuing notices of meetings, distribution of proxy forms, helping directors update themselves and getting prepared in case any shareholder ask questions, helping directors prepare briefing material and ensuring that security arrangements are done for the meeting. During the meeting, they have to ensure that proxy forms are processed properly, voting is carried out properly and recording the minutes of the meeting. 2. A Company Secretary has to ensure that the Memorandum and Articles of Association is properly complied with. In case any amendments are issued, they have to make sure that they are implemented in the right manner. 3. He/She had to make sure that company complies with the Yellow Book requirements and it properly implements the model code and/or company code regarding the company s securities. He/she has to maintain relations with Stock Exchange through company s brokers and he/she is responsible for relaying information regarding the company to the market. 4. He/she is responsible for maintaining the statutory registers regarding the members, company charges, directors and secretary, directors interests in shares and debentures, interests in voting shares and debenture holders. 5. Company Secretary is responsible for filing annual reports, amended Memorandum and Articles of Association, return of allotments, notices of appointments, removal and resignation of directors and the secretary, notices of removal or resignation of the auditors, change of registered office and resolutions in accordance with the Companies Act with the Registrar of Companies. 6. They are responsible for the publication of the company s annual report and accounts. 7. They have to maintain the company s register of members, deal with questions of the shareholders and transfer of share-holding etc. 8. They have to regularly communicate with shareholders both individual and institutional -- through circulars and notices, and ensure the payment of dividends and interest. They have to keep an eye on register of members in case any stakeholder is aiming at taking over the company.

9. He/She has to play a key role in implementing acquisitions, disposals and mergers. They have to make sure that proper documentation is in place and proper commercial evaluation is done.