Business managers are responsible for overseeing and supervising a company's activities and employees. Small businesses rely on the business manager to keep workers aligned with the goals of the company. Business managers report to top executives in a larger organization, but in a small company, the manager might either own the company or report directly to the owner
Leadership
A good manager is measured not as much by what he does as by what he is able to get others to do. He must often lead people in directions that they do not want to go and to get them to accomplish things that they otherwise would not. An effective manager must be able to set a vision for his organization or department, and have his staff see the value in that vision.
Administration
A manager must be able to oversee, or administer the operation of the area that he is responsible for. The day-to-day requirements vary, and he must be able to alter his current task, sometimes on a moment's notice. Most operations also include reporting and financial requirements, as well as personnel and legal obligations that must be met on a timely basis. The manager must be able to ensure that all requirements of his department are met on time.
Delegation
The operation of a department or organization usually requires more work than any one person could get done on his own. A great manager is able to delegate a department workload effectively and monitor its progress towards completion while not delegating the ultimate responsibility for this work. He must also know exactly what each of his staff is capable of and give them work that they can complete effectively while also challenging them to achieve more.