Description

Vice presidents/GMs are tasked with short- and long-term strategic planning and developing and implementing policies and procedures, as well as overseeing training programs for subordinate employees and ensuring that training objectives are met. Their role is to increase the value of employee output and maximize the company's profitability through high standards and clear goals. Inter-level and inter-departmental communication is important to establish these goals, so superior written and verbal communication skills are essential in this position.

Reviews, evaluation, and setting financial goals go hand-in-hand with creating and evaluating profit and loss statements, all of which measure the effectiveness of policies and procedures implemented under the VP's responsibility. They are also tasked with finding cost-saving measures within profit and loss statements; when identifying trends within the company, it is also important to understand, review, and stay updated with the trends and movements within the general market, including the competition and public information.

Vice presidents of companies must stay up-to-date with all applicable local, state, and federal regulations; establishing, negotiating, and reviewing contracts is also part of the job. Building rapport with employees and subcontractors is important for the growth of the company, so a set of guidelines must be established for subordinates to follow when communicating with subcontractors and employees in other departments. A college degree and prior experience in upper-level management are generally required for this position.

Roles & Responsibilities

As a Vice President VP, General Manager with 9+ years of experience in Singapore, your main responsibilities include:

  • Oversee the operations and strategic planning of the organization, ensuring effective and efficient performance. Responsible for managing and directing all aspects of the company's operations to achieve organizational goals and objectives.
  • Develop and implement business strategies to drive growth and profitability. Lead the development and execution of business strategies that enable the company to achieve its financial and operational objectives.
  • Manage and motivate employees, fostering a positive work environment and promoting career development. Provide leadership and direction to the team, ensuring high levels of employee satisfaction and performance.
  • Collaborate with key stakeholders, such as clients, partners, and investors, to maintain strong relationships and drive business opportunities.

Qualifications & Work Experience

For a Vice President (VP), General Manager job role, the following qualifications are required:

  • Extensive experience in strategic planning and execution, with a proven track record of driving business growth and profitability.
  • Strong leadership and management skills, capable of overseeing and guiding multiple departments, ensuring effective collaboration and achieving organizational goals.
  • Excellent communication and interpersonal abilities, with the capacity to build and maintain relationships with key stakeholders, clients, and team members.
  • In-depth knowledge of the industry, market trends, and competitive landscape, enabling informed decision-making and proactive business strategies.

Essential Skills For Vice President (VP), General Manager

1

Financial Statement

2

Strategic Planning

3

Leadership

Skills That Affect Vice President (VP), General Manager Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Financial Statement

18%

Strategic Planning

10%

Leadership

8%

Career Prospects

The role of Vice President VP and General Manager in Singapore, with 9+ years of work experience, offers various alternative career paths. Consider the following options:

  • Chief Operating Officer COO: A leadership position overseeing the day-to-day operations of the organization, working closely with other departments to ensure smooth functioning.
  • Business Development Director: A role focused on identifying new business opportunities, building strategic partnerships, and expanding the company's market presence.
  • Strategy and Planning Manager: A position involving the development and implementation of long-term business strategies, analyzing market trends, and assessing competitive landscapes.
  • Human Resources Director: A role responsible for developing and executing HR strategies, managing talent acquisition and development, and ensuring compliance with employment regulations.

How to Learn

The Vice President (VP), General Manager role in Singapore shows a promising growth in the market. Over the past 10 years, the job role has witnessed significant expansion alongside Singapore's thriving economy. With the city-state being a major global business hub, there are strong indications of continuous growth in this position. The increasing demand for experienced professionals in this leadership position is expected to create numerous employment opportunities in the future. This positive outlook is reinforced by the current market trends and data points available from reliable sources like Google.