ULTIMATE CAREER GUIDE BUSINESS OPERATIONS MANAGER | Career in Business Operations Management

Summary

In this informative video, Sheesh introduces viewers to the thriving career of a business operations manager, highlighting key roles, skills, and future prospects. The script emphasizes the importance of organizational skills, leadership, and strategic planning in driving business efficiency and profitability. It also outlines the educational path, including a bachelor's degree in business and the potential for an MBA, and discusses job opportunities in various industries, with a focus on the tech, consulting, and finance sectors.

Takeaways

• 😀 The demand for organizational professionals is increasing as businesses grow, leading to a rise in roles like business operations managers.
• 🔑 To become a business operations manager, one should download a free guide on selecting the right career from the provided link.
• 📈 The role of a business operations manager is to lead and supervise employees, ensuring productivity and efficiency while maintaining customer satisfaction.
• 💼 Business operations managers are part of the management team, overseeing high-level HR duties and analyzing organizational processes for improvement.
• 🌐 This career offers flexibility to work in various industries and is crucial for the success of any business, regardless of size.
• 📊 The future scope for business operations managers is promising, with a projected 6% growth in positions by 2030, according to the US Bureau of Labor Statistics.
• 💰 The average income for business operations specialists ranges from $70,000 to $100,000 annually at entry-level, with more experienced roles earning up to $150,000.
• 🏆 Key skills for business operations managers include leadership, strategizing, analyzing, decision-making, and conflict management.
• 📚 A bachelor's degree in business is typically required, with an MBA being beneficial for advanced roles and demonstrating leadership skills.
• 🛠️ Operations managers are responsible for implementing and maintaining organizational processes, managing personnel, inventory, financials, and reporting on business functioning.
• 🚀 For those organized, detail-oriented, and interested in maintaining smooth operations, a career as a business operations manager could be ideal.

Q & A

What is the role of a business operations manager?

A business operations manager is responsible for leading and supervising employees to ensure productivity and efficiency of operations, providing direction on handling tasks, and maintaining customer satisfaction. They also help implement strategies for revenue or profitability and oversee high-level HR duties such as attracting talent and setting training standards.

What are the future scope and job opportunities for business operations managers?

The future scope for business operations managers is positive, with the US Bureau of Labor Statistics projecting about a 6% growth in positions by 2030. They are in demand across various industries, especially in technology, consulting, and finance sectors.

What is the average salary range for business operations specialists?

The average salary for a business operations specialist in the US is about $85,000 annually, according to the Bureau of Labor Statistics. For more experienced roles, it can go up to $100,000 to $150,000 annually. Entry-level positions typically range from $70,000 to $100,000.

What skills are essential for a successful career as a business operations manager?

Essential skills for a business operations manager include leadership, strategizing, analyzing, decision-making, and conflict management. These skills are crucial for overseeing organizational processes and ensuring the smooth functioning of the business.

What are the typical responsibilities of a business operations manager?

Typical responsibilities include implementing and maintaining organizational processes, overseeing human resources, managing inventory, handling financials and accounting, and reporting on the business's functioning and the effectiveness of implemented processes and policies.

What educational background is required to become a business operations manager?

A bachelor's degree in business is typically required, with a focus on business fundamentals such as finance, budgets, supply chain management, and strategy. An MBA can be beneficial for demonstrating leadership skills and mastery in advanced strategies for an organization.

How can one gain experience in business operations management?

One may need to start in an entry-level position and work their way up. Gaining experience in lower-level roles within an organization can provide the necessary exposure to eventually move into a more managerial role.

What are some potential career paths after working as a business operations supervisor?

Potential career paths include operations manager, business analyst, operations specialist, project manager, operations assistant, business consultant, chief operating officer, or CEO.

Which industries commonly employ business operations managers?

Business operations managers can work in various industries, including manufacturing, service providers, banks, credit unions, retail, and more. Almost every organization requires an operations manager to oversee day-to-day business.

Which companies are known to offer jobs in business operations management roles?

Top companies offering jobs in these roles include Accenture, Deloitte, EY, Cognizant, United Health Group, KPMG, PwC, Tech Mahindra, and Reliance, among others.

How does the script suggest one can enhance their career prospects in business operations management?

The script suggests downloading a free guide on selecting the right career, enrolling in online courses to build skill sets, and pursuing higher education such as an MBA for advanced strategies and leadership skills.

Outlines

00:00

🚀 Introduction to Business Operations Management

The script introduces Sheesh, the host of the channel, and sets the scene for a discussion on the growing demand for organizational professionals, particularly business operations managers. It outlines the video's agenda, which includes defining the role, discussing future scope and job opportunities, required skills, roles and responsibilities, and a roadmap for career development in business operations management. The host also encourages viewers to download a free guide on career selection.

05:03

🌟 Understanding the Role and Opportunities in Business Operations Management

This paragraph delves into the specifics of what a business operations manager does, emphasizing their role in driving continuous improvement and refining business processes. It highlights the importance of this position in the success of businesses across various industries and sizes. The script also touches on the career prospects, including the potential for high earnings in sectors like technology, consulting, and finance, and references the projected growth in job opportunities by 2030 according to the US Bureau of Labor Statistics.

10:03

📈 Key Skills and Responsibilities of a Business Operations Manager

The script identifies essential skills for a successful career in business operations management, such as leadership, strategizing, analyzing, decision-making, and conflict management. It outlines the general responsibilities, which include managing processes, personnel, inventory, financials, and reporting. The paragraph also discusses the importance of a bachelor's degree in business and the potential benefits of obtaining an MBA for career advancement.

🏫 Education and Career Path for Aspiring Operations Managers

This section provides insights into the educational background needed for an operations manager, suggesting that a bachelor's degree in business is fundamental. It mentions the value of an MBA for leadership and strategy skills. The script also advises that practical experience is often required, suggesting that starting at an entry-level position and working up is a common career path. It concludes with a call to action for organized and detail-oriented individuals with strong communication and management skills to consider this career.

Keywords

💡Business Operations Manager

A 'Business Operations Manager' is a professional responsible for overseeing the day-to-day operations of a company, ensuring efficiency and productivity. In the video, this role is highlighted as a key position in any business's success, with a focus on continuous improvement and strategic implementation to drive revenue and profitability.

💡Organizational Professionals

The term 'Organizational Professionals' refers to individuals with the skills to manage and maintain order and efficiency within a business setting. The video emphasizes the rising demand for such professionals due to the growth of businesses and the need for streamlined operations.

💡Productivity

'Productivity' in the context of the video refers to the efficiency and effectiveness with which a business operates. The goal of a business operations manager is to increase productivity by refining business processes and implementing strategies.

💡Strategizing

Strategizing is the process of developing and implementing plans to achieve business goals. The script mentions that a business operations manager must understand and be able to plan and execute strategies to ensure the success of the organization.

💡Operational Efficiency

Operational efficiency is the degree to which a company effectively uses its resources to produce the desired output. The video discusses how business operations managers are responsible for ensuring operational efficiency by managing processes and resources.

💡Revenue Generation

'Revenue Generation' is the process of creating income for a business. The script notes that business operations managers help implement strategies aimed at increasing a company's revenue or profitability.

💡Career Scope

The 'Career Scope' refers to the potential for growth and development within a particular profession. The video discusses the future scope of a career as a business operations manager, including job opportunities and the possibility of advancement to higher positions such as CEO or COO.

💡Skills

In the video, 'Skills' are the abilities and competencies required for a role. It outlines several key skills needed for a business operations manager, including leadership, decision-making, conflict management, and the ability to analyze and improve business processes.

💡Educational Requirements

The 'Educational Requirements' are the qualifications needed to pursue a certain career. The script explains that a bachelor's degree in business is typically required for a business operations manager, with an MBA being beneficial for advanced positions.

💡Job Responsibilities

'Job Responsibilities' are the duties and tasks that a person in a particular role is expected to perform. The video lists various responsibilities of a business operations manager, such as managing processes, personnel, inventory, financials, and reporting.

💡Career Path

A 'Career Path' is the trajectory of job positions one might hold over their professional life. The script discusses the potential career paths after working as a business operations supervisor, including roles such as business analyst, project manager, and chief operating officer.

Highlights

The demand for organizational professionals is increasing as businesses grow.

Business operations managers play a vital role in the success of any business.

The goal of an operations manager is to encourage continuous improvement of business processes.

Operations managers help implement strategies to generate revenue and profitability.

The career of a business operations manager is highly marketable, especially in tech, consulting, and finance sectors.

According to the US Bureau of Labor Statistics, there is a projected 6% growth in operations manager positions by 2030.

The average income for a business operations specialist role ranges from $70,000 to $100,000 annually at entry level.

Experienced business operations specialists can earn up to $150,000 annually.

Potential career paths after working as a business operations supervisor include business analyst, project manager, and COO or CEO.

Operation managers are needed in various sectors, including hospitals, banks, and retail stores.

Top companies hiring for business operations managers include Accenture, Deloitte, EY, and PwC.

Leadership, strategizing, analyzing, decision-making, and conflict management are key skills for business operations managers.

A bachelor's degree in business is typically required to pursue a career in operations management.

An MBA demonstrates leadership and strategic skills, advantageous for higher management positions.

Most organizations require experience in addition to education for an operations manager role.

A career in operations management is suitable for organized, detail-oriented individuals with strong communication and management skills.

The video offers a step-by-step roadmap for pursuing a career in operations management.

The video includes links to online courses for further skill development in operations management.

Transcripts

well hey everyone i'm sheesh and welcome

back to my channel well with businesses

becoming bigger and bigger every year

the demand for more and more

organizational professionals is

skyrocketing there are many roles that

are based on top organization skills to

keep things streamlined and increase

productivity

one such profession in recent times is

that of business operations managers and

today we're going to learn how to become

one

now before i begin this video remember

to download a free guide on selecting

the right career by clicking on the link

in the description box below

in this video i will talk about five key

points number one what is business

operations manager number two what is

the future scope and job opportunities

in this career then we're going to talk

about what skills are required roles and

responsibilities and then complete

roadmap on how to build your career as

operations managers or business

operations managers let's look into this

exciting career of business operations

manager

[Music]

hi i'm shirish gupta and i empower

people to hack their success rise above

the challenges and confidently create an

extraordinary life they deserve

[Music]

a business operations manager career

path is a great choice for people who

like to work behind the scenes in an

organization

this position is a vital role in the

success of any business no matter how

big or small and you would have

flexibility of working in almost any

industry with this career

in one line the goal of an operations

manager is to encourage continuous

improvement of business processes and

constant refinement of the company's

products

a business operations manager is a

professional who is responsible for

leading and supervising employees to

ensure productivity efficiency of

operations and providing direction on

how best to handle different tasks while

maintaining customer satisfaction now

business operations managers help

implement strategies that will help

generate revenue or profitability for

the company

now an operations manager is a key part

of a management team and oversees high

level hr duties such as attracting

talent and setting training standards

and hiring procedures as well they also

analyze and improve organizational

processes and work to improve quality

productivity and efficiency

well they are sometimes known as a chief

operating officer or ceo at the top

level

now business operations are all the

activities accomplished behind the

scenes to keep the business running in

most businesses operation managers

oversee the big picture of their

organization

now they are responsible for managing

processes purchasing accounting human

resources inventory and i.t there are

different levels to an operations

manager's career path operation managers

are sometimes also known as chief

operating officer as i've told you

earlier

now their role is critical in ensuring

businesses run smoothly and have

everything they need to be effective yes

becoming a business manager is a great

career especially if you're organized

and detail-oriented professional with an

interest in maintaining the smooth

operations of the organization

now let's understand more about this

career with the future scope salary

offered top companies hiring for

business operations managers

[Music]

because of the increasing importance of

innovation in business skills in

production oriented operations

management are highly marketable

students with these traits are capable

of helping the world's most creative

companies like apple google ge and many

others

one positive thing about this career is

how lucrative it can be yes in most

industries especially in technology

consulting and finance sectors good

business operations managers are highly

sought after

now when deciding whether to pursue a

career as a business manager it may be

beneficial to know about career outlook

projections to assess future job

security now according to the us bureau

of labor statistics project about six

percent growth in positions by 2030

across the world which is as fast as

average also

when we talk about an average income for

a business operations specialist role

these days in the job market for entry

levels something around seventy thousand

to hundred thousand us dollars annually

on world scale

the median annual wage for business

operation specialist in the us was about

eighty five thousand dollars according

to bureau of labor statistics and for

more experienced role it can go anything

up to 100 000

to 150 150 000 annually

now these are u.s numbers but overall

this career has a good payout in your

local currency as well so it's a great

career now your salary will likely

increase as your experience increases

the more experience and education you

have the more likely it is that salary

will be closer to the average or higher

average

some of the potential career paths that

you can get after working as a business

operations supervisors are operations

managers business analyst operations

specialist project manager operations

assistant business consultant chief

operating officer or ceo and many more

like that

now operation managers can work just

from anywhere from hospitals to banks

and retail stores just about every

organization needs an operations manager

to run the day-to-day business as an

operation managers you could work for

many different types of organizations

including manufacturers service

providers banks credit unions and retail

now companies that offer jobs in these

roles are almost everywhere some of the

top ones are accenture deloitte ey

cognizant united health group kpmg pwc

tech mahindra reliance and many more

now that we know there's a huge growth

in the business operations manager's

career let's explore skills required and

job responsibilities and ideal work day

in this profession

well there are skills that every person

working in business operations need to

have to be successful in the field

now there will be some jobs that require

you to have more specific skill sets but

these are a few of most important skills

that you should have number one is

leadership as a manager you will be

looked upon as a leader in your

organization so it is important next is

strategizing

understanding business strategies of

vital importance and you should be able

to plan and implement strategies as well

next come analyzing you will be

responsible for analyzing processes and

policies to ensure they are working for

the organization

next come in very important decision

making as an operations manager you will

be responsible for making decisions on

behalf of the organization so it's

imperative that you have good decision

making skills

next comes conflict management well this

refers to not just personal conflict but

any conflict that occurs within your

organization's business operations

after skills now let's talk about roles

and responsibility of business

operations specialists well in general a

role of an operations manager is to

manage all activities involved in

producing the goods and or services of a

business in the retail industry for

example an operation manager would

manage all activities related to daily

retail floor functions as well as

planning and strategizing there are a

lot of opportunities in business

operations as well the responsibilities

of an operations manager will vary from

different organizations and industries

as well but in general you can expect to

do most of the following tasks while

working as a business operations

number one is processes

an operation manager is responsible for

implementing and maintaining processes

that are organizational uses this

includes software and other programs

that organization uses to function every

day

next is personnel human resource is a

big part of operations in any

organization as an operations manager

you will either be overseeing the hr

department or working very closely to

help solve personal issues

third inventory this is specifically

true for an operations manager who work

in retail or for business that sells

specific products

next come financials accounting and

finances are another big part of an

operations department similar to hr you

will be either be overseeing the

accounting department or working closely

for review budgets review growth and

profitability

next comes reporting an operations

manager responsible for reporting on how

the business is functioning and whether

the implemented processes and policies

are working or need changes actually now

after looking at the roles and

responsibility let's look at the most

curious section on what education does

an operation manager needs and how to

pursue this career with complete

step-by-step roadmap

[Music]

a bachelor's degree in businesses needed

for a job and business operations this

type of degree program will focus on

business fundamentals that are critical

for success

now things like finances budgets supply

chain management and strategy are taught

in business management undergraduate

programs this will give you the

knowledge and experience you will need

to get started in operations management

if you are in school or college and you

are exploring this career option make

sure to take notes from this video and

also pursue some online courses and

build your skill set in this area and as

always i have some super amazing courses

listed specially for you in the

description box and comment section

below so make sure to check out these

links and enroll for these online

classes if you're looking for to get

something in related to this career and

yes a bachelor's degree isn't likely

going to do the job you may have to

start a more entry-level position and

work your way up

it would also be beneficial for you to

obtain your master's degree in business

administration mba

this additional credential demonstrates

skill and mastery in leadership a key

element for any management position an

mba will focus on leading people

overseeing processes and creating more

advanced strategies for an organization

this is key for operations management

actually a key lesson taught in

production or operation management

degree programs is how to manage a

company's innovation process a degree in

this field offers abundant career

flexibility and can lead to a high

salary as well now some universities

have world-class programs at mit

carnegie mellon purdue university

university of michigan ann arbor

stanford university georgia tech ohio

state university of pennsylvania

michigan state university penn state

university ut austin ntu singapore in

sierra hcc oxford nyu i am ahmedabad imc

delhi and many more for professionals

it's important to know that most

organizations will require that you also

have some experience before hiring you

as an operation manager you may have to

start at a lower level position and then

work towards getting to a more

manageable kind of a role

well in the end if you are an organized

and detail-oriented person have strong

communication and management skills with

an interest in maintaining the smooth

operations of an organization this could

be a perfect career for you

[Music]

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living extraordinary till then this is

sheri saying goodbye

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