A director who occupies a key position in upper management works as a major figurehead in an organisation, typically overseeing and managing all functions in a specific area or department. He or she plans and implements department strategies and also takes part in the company’s overall strategic decisions and ensures that his or her allotted department(s) are working in accordance with such goals Directors are appointed in a vast variety of industries and as leaders of a number of departments and functions including communications, IT, art and creative services, finance and accounting, advertising, medicine, sales, education, production and branding, among others Typical salaries for this position vary from industry to industry. Jobholders in an IT department generally make around £80,000 per year, whilst those at the head of creative departments typically see a figure of around £70,000 a year. Financial department heads can command from around £40,000 a year to more than £100,000 annually, whilst those heading sales are likely to see figures in a similar range, though the average is significantly higher.
Directors lead a particular company or business. They are responsible for all aspects of the company’s success. Managing Directors work to administer organizational activities, set business strategies, delegate tasks, and recruit new managerial employees. As the leader of a company, directors sometimes report to board members or company stakeholders. They strive to maintain professional and corporate customs, enforce ethical practices, meet fiscal targets and manage company budgets. Managing Directors perform the following functions: i. Delegate job assignments ii. Analyze, review, and develop business strategies iii. Hire proficient managers iv. Protect the organization’s repute and principles v. Strategically grow the business Directors receive very lucrative salary compensation. They get insurance, pension, stocks, and bonds. Other benefits may include travel, uniform, meal, and miscellaneous allowances.
1. Exceptional leadership, business and interpersonal proficiency
2. Prior thriving managerial experience
3. Be able to set business targets, time lines, plans and financial targets
4. Be able to stimulate employees, teams and departments
5. Be a superior networker, negotiator, and business leader
6. Be successful, self directed, flexible and tactical
7. Excellent computer or technology skills
8. Be able to garner the fidelity, esteem and confidence of employees
9. Be a visionary
10. High quality communication and presentation dexterity
Directors should be overachievers, successful in business and strong, capable leaders. They should have a successful business record and excellent managerial performance. Having at least a Master’s degree or MBA as a Director is essential. Graduates who do not possess a second degree can transition to this position based on their business prowess.