ULTIMATE CAREER GUIDE BUSINESS OPERATIONS MANAGER | Career in Business Operations Management

well hey everyone i'm sheesh and welcome back to my channel well with businesses becoming bigger and bigger every year the demand for more and more organizational professionals is skyrocketing there are many roles that are based on top organization skills to keep things streamlined and increase productivity one such profession in recent times is that of business operations managers and today we're going to learn how to become one now before i begin this video remember to download a free guide on selecting the right career by clicking on the link in the description box below in this video i will talk about five key points number one what is business operations manager number two what is the future scope and job opportunities in this career then we're going to talk about what skills are required roles and responsibilities and then complete roadmap on how to build your career as operations managers or business operations managers let's look into this exciting career of business operations manager [Music] hi i'm shirish gupta and i empower people to hack their success rise above the challenges and confidently create an extraordinary life they deserve [Music] a business operations manager career path is a great choice for people who like to work behind the scenes in an organization this position is a vital role in the success of any business no matter how big or small and you would have flexibility of working in almost any industry with this career in one line the goal of an operations manager is to encourage continuous improvement of business processes and constant refinement of the company's products a business operations manager is a professional who is responsible for leading and supervising employees to ensure productivity efficiency of operations and providing direction on how best to handle different tasks while maintaining customer satisfaction now business operations managers help implement strategies that will help generate revenue or profitability for the company now an operations manager is a key part of a management team and oversees high level hr duties such as attracting talent and setting training standards and hiring procedures as well they also analyze and improve organizational processes and work to improve quality productivity and efficiency well they are sometimes known as a chief operating officer or ceo at the top level now business operations are all the activities accomplished behind the scenes to keep the business running in most businesses operation managers oversee the big picture of their organization now they are responsible for managing processes purchasing accounting human resources inventory and i.t there are different levels to an operations manager's career path operation managers are sometimes also known as chief operating officer as i've told you earlier now their role is critical in ensuring businesses run smoothly and have everything they need to be effective yes becoming a business manager is a great career especially if you're organized and detail-oriented professional with an interest in maintaining the smooth operations of the organization now let's understand more about this career with the future scope salary offered top companies hiring for business operations managers [Music] because of the increasing importance of innovation in business skills in production oriented operations management are highly marketable students with these traits are capable of helping the world's most creative companies like apple google ge and many others one positive thing about this career is how lucrative it can be yes in most industries especially in technology consulting and finance sectors good business operations managers are highly sought after now when deciding whether to pursue a career as a business manager it may be beneficial to know about career outlook projections to assess future job security now according to the us bureau of labor statistics project about six percent growth in positions by 2030 across the world which is as fast as average also when we talk about an average income for a business operations specialist role these days in the job market for entry levels something around seventy thousand to hundred thousand us dollars annually on world scale the median annual wage for business operation specialist in the us was about eighty five thousand dollars according to bureau of labor statistics and for more experienced role it can go anything up to 100 000 to 150 150 000 annually now these are u.s numbers but overall this career has a good payout in your local currency as well so it's a great career now your salary will likely increase as your experience increases the more experience and education you have the more likely it is that salary will be closer to the average or higher average some of the potential career paths that you can get after working as a business operations supervisors are operations managers business analyst operations specialist project manager operations assistant business consultant chief operating officer or ceo and many more like that now operation managers can work just from anywhere from hospitals to banks and retail stores just about every organization needs an operations manager to run the day-to-day business as an operation managers you could work for many different types of organizations including manufacturers service providers banks credit unions and retail now companies that offer jobs in these roles are almost everywhere some of the top ones are accenture deloitte ey cognizant united health group kpmg pwc tech mahindra reliance and many more now that we know there's a huge growth in the business operations manager's career let's explore skills required and job responsibilities and ideal work day in this profession well there are skills that every person working in business operations need to have to be successful in the field now there will be some jobs that require you to have more specific skill sets but these are a few of most important skills that you should have number one is leadership as a manager you will be looked upon as a leader in your organization so it is important next is strategizing understanding business strategies of vital importance and you should be able to plan and implement strategies as well next come analyzing you will be responsible for analyzing processes and policies to ensure they are working for the organization next come in very important decision making as an operations manager you will be responsible for making decisions on behalf of the organization so it's imperative that you have good decision making skills next comes conflict management well this refers to not just personal conflict but any conflict that occurs within your organization's business operations after skills now let's talk about roles and responsibility of business operations specialists well in general a role of an operations manager is to manage all activities involved in producing the goods and or services of a business in the retail industry for example an operation manager would manage all activities related to daily retail floor functions as well as planning and strategizing there are a lot of opportunities in business operations as well the responsibilities of an operations manager will vary from different organizations and industries as well but in general you can expect to do most of the following tasks while working as a business operations number one is processes an operation manager is responsible for implementing and maintaining processes that are organizational uses this includes software and other programs that organization uses to function every day next is personnel human resource is a big part of operations in any organization as an operations manager you will either be overseeing the hr department or working very closely to help solve personal issues third inventory this is specifically true for an operations manager who work in retail or for business that sells specific products next come financials accounting and finances are another big part of an operations department similar to hr you will be either be overseeing the accounting department or working closely for review budgets review growth and profitability next comes reporting an operations manager responsible for reporting on how the business is functioning and whether the implemented processes and policies are working or need changes actually now after looking at the roles and responsibility let's look at the most curious section on what education does an operation manager needs and how to pursue this career with complete step-by-step roadmap [Music] a bachelor's degree in businesses needed for a job and business operations this type of degree program will focus on business fundamentals that are critical for success now things like finances budgets supply chain management and strategy are taught in business management undergraduate programs this will give you the knowledge and experience you will need to get started in operations management if you are in school or college and you are exploring this career option make sure to take notes from this video and also pursue some online courses and build your skill set in this area and as always i have some super amazing courses listed specially for you in the description box and comment section below so make sure to check out these links and enroll for these online classes if you're looking for to get something in related to this career and yes a bachelor's degree isn't likely going to do the job you may have to start a more entry-level position and work your way up it would also be beneficial for you to obtain your master's degree in business administration mba this additional credential demonstrates skill and mastery in leadership a key element for any management position an mba will focus on leading people overseeing processes and creating more advanced strategies for an organization this is key for operations management actually a key lesson taught in production or operation management degree programs is how to manage a company's innovation process a degree in this field offers abundant career flexibility and can lead to a high salary as well now some universities have world-class programs at mit carnegie mellon purdue university university of michigan ann arbor stanford university georgia tech ohio state university of pennsylvania michigan state university penn state university ut austin ntu singapore in sierra hcc oxford nyu i am ahmedabad imc delhi and many more for professionals it's important to know that most organizations will require that you also have some experience before hiring you as an operation manager you may have to start at a lower level position and then work towards getting to a more manageable kind of a role well in the end if you are an organized and detail-oriented person have strong communication and management skills with an interest in maintaining the smooth operations of an organization this could be a perfect career for you [Music] well thank you so much for watching this video really appreciate it please make sure to support my work by liking and sharing this video and also subscribe to my channel and hit that bell icon if you need any personalized help comment below or reach out to me on my social media platforms and my team can help you in step by step process of career and college admission and building an extraordinary life for yourself i will see you shortly with another amazing video on career college admission and living extraordinary till then this is sheri saying goodbye [Music]

Channel: Shirish Gupta

Views: 24,182

Keywords: how to become a business operations manager, USA, shirish gupta, shirishgee, career advice, business career, ms in Usa, college admissions, plan with me, career in operations management, supply chain management, what does a business operations manager do, operations management, business operations, business strategy, business process, business systems, career guidance, how to choose a career, career path, career advice for young people, what after 12th, commerce, school

Id: XpWkl761MPM

Length: 11min 37sec (697 seconds)

Published: Tue Aug 30 2022