If you’re unsure how to answer “What is a general manager?” read on for clarity and insight that might save you a bit of grief and aggravation.
Let’s first examine the roles of a general manager versus a CEO. The manager fills in the gaps of what the CEO does. If the CEO is on the road, the GM remains to monitor the daily operations. The General Manager can serve as a sounding board—a trusted resource for alternative solutions and an operations specialist who thrives in chaotic environments.
Some qualities of an excellent general manager include the following:
Insightfulness – they provide unique insight into different aspects of the company
Timeliness – you want to be ahead of any potential industry issues or supply-chain problems
Connected – networks work best when they’re worked
What is a general manager? A general manager is everything a CEO isn’t, but the CEO cannot always be all things to everyone. So, what does a general manager do? Everything the CEO cannot.
What does a general manager do? They manage the day-to-day operations of a business. Here are three reasons why you should hire a general manager.
1 – You prefer to be “in” the business of creating, manufacturing, or selling rather than the daily minutia
2 – You plan on selling in a few years and want to discover the true ROI of the business when you are adequately staffed
3 – You need someone to course-correct the ship you’ve created because you’ve been “in” it for too long
Why do you need a general manager? Beyond the reasons above, there may be a multitude more.
Hiring a manager or COO is one way to avoid founder burnout. You might have become too close to the business entity and need a mental break from it. However, your customers need what they need when they need it. So, your GM picks up the slack when you’re unable to perform.
When you started the business, you likely poured your heart into it. Then, as it grew and you hired more people, you were the manager, sales team, marketing manager, and everything in between. Now it’s time to share space with someone whose ultimate goal is to help you and the company grow.
There must be a personality match for the team to work well together. This is also a unique opportunity to work together in a mentor-mentee relationship, as growth benefits both parties.
Hiring a General Manager is a critical investment in the future success of your business. Click here to schedule a complimentary video call to discuss the pros and cons of our services.
Coach Dave
Key Takeaways from this article: If you don’t actively manage your thinking, your default programming…
If you've ever felt like your business is running you instead of the other way…
Key Takeaways: Retention is not a “nice-to-have.” It’s a core business strategy that requires ongoing…
Key Points: High performers and your future success are built by living in quadrant 2,…
Brian Tracy is a world-renowned writer, public speaker, and consultant. He is listed as the…
Over the years of coaching business owners, I’ve seen a growing trend: the rise of…