Description

Directors are often referred to by other titles. These include:

• Chief Executive Officer
• President
• Managing Director
• Executive Director
• Business Manager
• Senior Executive

They have many responsibilities that are directly linked to keeping the business running smoothly and ensuring that productivity remains high. Directors often report to board members and develop business or marketing strategies to grow the business. They have the ultimate decision making responsibility and most top level decisions are made or approved by them.

Directors also handle business mergers, restructuring, or downsizing. They meet and network with investors, providing reports of financial investments and stock trading. Preparing or approving budgets, and enforcing the company policies are also a part of their duties.
A Director usually performs many of the following tasks:

• Enforcing business strategies
• Developing company objectives
• Overseeing senior management staff
•  Coordinating with department heads
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•  Reporting to the board of directors or members
• Facilitating audits
• Ensuring the business is compliant with industry regulations
•  Managing the companies investments, stocks and other financial products and services
• Improving productivity levels

Directors have the capacity to earn excellent salaries. Has they are responsible for the development of a company and maintaining its success rate, Directors are often paid on their performance and level of responsibilities. They work in office settings and are most times required to travel to various locations or countries to represent their company and conduct business.

Skills

Expertise in the following areas is an asset:

• Leadership
• Professionalism
• Multitasking
• Being bilingual
• Being reliable and amenable
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• Project and time management
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• Conflict management
• Networking
• Communication
• Negotiating
• Strategic management
• Budgeting
• Fiscal control
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• Being ethical and thorough
• Being driven and focused
• Motivation
• Technical and business procedures

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Education

A Director of a company should have the highest qualification possible. Masters, MBA, CPA or a Doctoral Degree in their area of expertise is highly preferred by employers. There are Directors who only possess a first degree or Bachelors Degree, but with that they must be highly capable, have a superior record of accomplishment and comprehensive business or technical knowledge and skills.

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