Description

Vice presidents or 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 0-3 years of experience in Australia, your main responsibilities include:

  • Oversee day-to-day operations, ensuring efficient workflow and adherence to company policies and procedures.
  • Collaborate with department heads to develop and implement strategic plans, objectives, and budgets.
  • Manage and mentor a team of employees, providing guidance, performance evaluations, and professional development opportunities.
  • Analyze market trends, competitor activities, and customer feedback to identify opportunities for business growth and improvement.

Qualifications & Work Experience

For a Vice President (VP), General Manager, 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

Operations Management

2

Business Management

3

Team Management

4

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.

Operations Management

20%

Leadership

20%

Career Prospects

The position of Vice President VP, General Manager with 0-3 years of experience in Australia offers several alternative roles to explore. Here are four options to consider:

  • Operations Coordinator: A role that supports the efficient functioning of daily operations, including coordinating schedules, managing resources, and overseeing projects.
  • Sales Executive: A position focused on driving revenue growth and expanding the customer base through effective sales strategies, relationship building, and market analysis.
  • Human Resources Specialist: A role that involves managing various HR functions, such as recruitment, employee relations, performance management, and training and development.
  • Business Analyst: A position focused on analyzing market trends, competitor strategies, and internal data to identify opportunities for business improvement and develop strategic recommendations.

How to Learn

The job role of Vice President (VP), General Manager in Australia is projected to experience steady growth in the market. According to a 10-year analysis, the demand for this role is expected to increase significantly as businesses expand and new industries emerge. With advancements in technology and globalization, there will be a surge in employment opportunities for individuals seeking this position. The latest data from Google indicates a positive trend for the VP, General Manager role, ensuring promising prospects for those aspiring to hold this position in the future.