General Manager
 |
Definition of 'General Manager'The person in charge of a department within a company. General managers commonly rank above most employees but below corporate-level executives. The responsibility and importance associated with the position varies from company to company, depending on the structure of its corporate ladder. In some companies, the general manager is one of the top executives. |
 |
Investopedia explains 'General Manager'A general manager will usually have experience in a lower-level management position before being hired as or promoted to general manager. General managers can advance by moving into top executive positions or by moving to larger and more prestigious companies. They must have a thorough understanding of their departments or company's operations, be skilled at managing and leading the employees they supervise and make sound decisions for the company. |
Related Definitions
Articles Of Interest
-
The Path To Becoming A CEO
Think you have what it takes to be chief executive? Find out what those at the top have in common. -
Female CEOs Who Climbed The Corporate Ladder
These women climbed the ladder and broke the glass ceiling. -
The Basics Of Corporate Structure
CEOs, CFOs, presidents and vice presidents: learn how to tell the difference. -
Evaluating The Board Of Directors
Corporate structure can tell you a lot about a company's potential. Learn more here. -
Pay Attention To The Proxy Statement
Don't overlook this overview of a company's well-being. -
Lessons On Corporate Dividend Payout And Retention Ratio
Why are dividend payout and retention ratios important to consider when investing in company stock? What companies have high ratios?What constitutes a high dividend payout and retention ratio? ... -
Conglomerates: Cash Cows Or Corporate Chaos?
Huge companies may not be as infallible as previously assumed. Find out why bigger isn't always better. -
Cashing In On Corporate Restructuring
Companies use M&As and spinoffs to boost profits - learn how you can do the same. -
A Peek Into Shareholder Meetings
Shareholder meetings can be glamorous, exciting or controversial, but not particularly revelational. Here's a quick look at what to expect. -
Wall Street’s Glass Ceiling
It’s tough to boast that there are more female CEOs than ever before when they make up only 4.2% of the total.
Free Annual Reports