In technology companies, general managers are often given the title of product manager.
GENERAL MANAGER JOB DESCRIPTION AND SALARY FULL
In large companies, many vice presidents will have the title of general manager when they have the full set of responsibility for the function in that particular area of the business and are often titled vice president and general manager. Depending on the company, individuals with the title managing director, regional vice president, country manager, product manager, branch manager, or segment manager may also have general management responsibilities. More rarely, the chief financial officer (CFO), chief operating officer (COO), or chief marketing officer (CMO) will act as the general manager of the business. Most corporate managers holding the titles of chief executive officer (CEO) or president, for example, are the general managers of their respective businesses. In many cases, the general manager of a business is given a different formal title or titles. Frequently, the general manager is responsible for effective planning, delegating, coordinating, staffing, organizing, and decision making to attain desirable profit making results for an organization (Sayles 1979). A general manager usually oversees most or all of the firm's marketing and sales functions as well as the day-to-day operations of the business. JSTOR ( February 2017) ( Learn how and when to remove this template message)Ī general manager (GM) is an executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility.Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.
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