ADMINISTRATIVE BUSINESS: Meaning, Management, Difference, Partner & Salary

administrative business
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Administrative business management is a vast field that incorporates several roles, professional settings, and opportunities for growth. In simple terms, it refers to a company’s endeavor to achieve organizational goals and objectives through improved use of human and material resources. Thus, an administrative business partner works to ensure that businesses and organizations run effectively, efficiently, and profitably. In this article, we explain the difference between a business administrative partner vs an executive assistant, as well as their salary. 

Overview

Administrative business is the execution of tasks related to running a company. Which includes managing employees, making decisions related to the growth of the company, overseeing the day-to-day operations of a business, directing staff toward common objectives and goals, and efficiently organizing all aspects of the company for effective operation. It is a wide field that includes a variety of different positions. Nearly every type of business, from a small startup to a major corporation, relies on administrative partners to ensure success.

Additionally, the field of business administration includes several areas of business, including human resources, marketing, finance, accounting, project management, ethics, and global business. Typically, knowing more about all areas of running and managing a business can help prepare you for success in an administration role.

What are the Two Types of Administrative?

There are two main types of administrative law: rules and regulations and administrative decisions. Both are made by government agencies or commissions which derive their authority from Congress or a state legislature. Most of these agencies or commissions are part of the executive branch of government.

Administrative Business Management

The term “administrative management” refers to the act of running and maintaining a business or organization. The core objective of administrative management is to create a formal structure that facilitates success for a particular business or organization. Hence, It includes all aspects of overseeing and supervising business operations, as well as related fields such as accounting, finance, project management, and marketing. Also, graduates of administrative business management who are certified will be able to coordinate activities on the executive’s behalf and ensure the executive successfully navigates through a multitude of functions and responsibilities.

Strategies for Effective Administrative Business Management

Managing a business or organization is a challenging and complex job. For a company’s administration to succeed, they need to have strategies specific to their particular employer and workplace. For effective results, here are some key strategies for effective administrative business management,

  • Budget control and cost management
  • Delegation
  • Change control and management
  • Goal setting
  • Leadership Development
  • Performance management
  • Problem Management
  • Setting standards
  • Team Buiding 
  • Transparency
  • Plan strategically
  • Focus on all processes
  • Prioritize communication

In addition, organizations need to understand the important role of effective administrative business management in the successful operation of a business.

Benefits of Implementing Effective Administrative Management Strategies

Some key benefits of carrying out strong administrative management strategies include:

#1. Healthy Financial Situation

An effective administrative management strategy ensures that the company’s finances are managed efficiently so that expenses remain under control and within budget.

#2. Utmost Productivity

Good administrative management always uses the strength of the team. This includes identifying which team members will be more successful at performing a certain task.

#3. Aids Achievement of Goals

A good strategy always supports the primary goals of an organization. Administrative management is critical in creating efficient processes and their implementation.

#4. Maximum Employee and Customer Satisfaction

Efficient management will lead to a proper distribution of work and increased motivation among employees. When employees are motivated, their performance will be better.

#5. Data-Dased Decisions

An effective administrative management strategy will never be based on an impulse or assumption. it will be designed based on data related to the business processes. Also, decisions that are made should be based on past and current information and future goals.

What Does a Business Administrator Do?

A business administrator oversees the general operations of an organization or department. This may include supporting and overseeing teams, problem-solving, developing and implementing plans, and meeting goals.

Administrative Business Partner

As an aspiring administrative business partner who will serve as a strategic administrative partner to the company’s top-level executives. You will be the core of the company’s operations and activities. Your work will enable the company to maximize its productivity by simplifying collaboration and connection with one another.

You will partner with your leaders to help them achieve their goals and objectives as well as work with the larger admin team. Typically, an administrative business partner helps manage teams and look for problems so they can be resolved before they start having an impact.

Administrative Business Partner: Roles & Responsibilities

Below are the key roles and duties of an administrative business partner,

  • Understand the business preferences and priorities of your leaders in order to best support their time. 
  • Imperative calendar management with strong attention to precision & detail
  • Lead and coordinate logistics for internal and external meetings.
  • Support your leaders in maintaining relationships with key people to ensure progression in communications.
  • Embrace the culture, values, and goals of your leaders when engaging with internal and external stakeholders
  • Assist with special projects as needed 
  • Recognize operational weaknesses and help sharpen processes or develop new ones
  • Collaborate with other members of the admin team to provide seamless support for the company.

Administrative Business Partner: Skills and Qualification

These skills below are what qualify you as an administrative business partner,

  • 7+ years of Executive Assistant supporting C-Level Executives, Chief of Staff, or similar experience 
  • Capable of prioritizing business needs and making trade-offs across all stakeholders accordingly
  • Have exceptional attention to detail and commit to faultless execution of tasks
  • Capacity to navigate, digest, and make decisions amidst uncertainty
  • Technologically savvy with the ability to quickly accommodate new applications and tools
  • A self-starter who can manage priorities and make trade-offs when needs change
  • Proactive and motivated to emphasize current processes and build efficient systems
  • Committed to collaboration and teamwork
  • Understand the highly adaptable nature of support work and are comfortable with being available as needed.

Administrative Business Partner Google Salary

The estimated total salary for an administrative business partner at Google is $216,709 per year. This number represents the median, which is the midpoint of the ranges from our proprietary total pay estimate model and is based on salaries collected from our users. The estimated base pay is $124,703 per year.

Administrative Business Partner Google Salary: Highest Paying Cities for Administrative Business Partner Google Jobs

We’ve identified cities where the typical salary for an administrative business partner Google job is above the national average. With these cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as an administrative business partner of Google appear to be exceedingly fruitful. Topping the list is,

  • San Buenaventura, CA $93,995
  • Oyster Creek, TX $76,348
  • Franklinville, NC $59,772
  • Santa Clara, CA $59,252
  • San Francisco, CA $58,487
  • Marysville, WA $56,697
  • San Jose, CA           $56,691
  • Fremont, CA           $56,553
  • Oakland, CA         $55,949
  • Antioch, CA         $54,697

Administrative Business Partner vs Executive Assistant

An administrative business partner is responsible for performing a wide range of administrative tasks in their place of work, while an executive assistant may perform more complex and advanced administrative duties, typically for top executives and other higher-ups in an organization. Therefore, Understanding the difference between an executive assistant and an administrative business partner helps ensure you hire the right person for your company’s needs.

Executive Assistant vs Administrative Business Partner: Differences

While administrative and executive assistants are both likely to answer phones, maintain schedules, edit documents, and prepare reports, executive assistants take this to the next level and may be responsible for researching topics, reading over documents, and even supervising other clerical staff members. Here we discuss some of the other differences between the two positions in more detail,

#1. Education

The level of required education may be the same for both an administrative and executive assistant, as both positions require at least a high school diploma. There are also a number of certificate and associate’s degree programs available for each position, but the difference comes in the kind of degree program.( Administrative Business Partner vs Executive Assistant).

#2. Work Experience

While administrative partners typically do not need any prior work experience, the BLS reported that most executive assistants need a few years of related work experience. Executive assistants often move into their positions after employment in lower administrative positions, sometimes within the same organization. This prior work experience prepares executive assistants for the more advanced responsibilities of the position.

#3. Administrative Business Partner vs Executive Assistant: Skills

Administrative and executive assistants both need to be organized and good at communicating, both orally and in written form. However, executive assistants may need to be more advanced in these characteristics, as they tend to work with top executives and may handle more important information than administrative assistants. Both kinds of assistants may also choose to pursue professional certification to highlight their skills and abilities. The key skills an executive assistant needs are:

  • Verbal and Written Communication. EAs need to communicate with other employees, clients, and vendors in a professional manner.
  • Decision-making and Resourcefulness. EAs need to help executives with strategic business decisions in high-pressure situations.
  • Attention to Detail. EAs fix any mistakes before emails or reports go out to clients.
  • Ability to Think Ahead. EAs anticipate an executive’s needs and detect problems early.
  • Organization. EAs have to juggle multiple projects and plan schedules for busy executives.
  • Trustworthiness. An EA is an executive’s trusted confidant who often handles delicate and confidential business information.
  • Flexibility. EAs need to help with urgent matters or to meet deadlines. EAs also accompany executives to events and on business trips.

While the key skills an administrative assistant needs are:

  • Organization. To maintain a company filing system, keep on top of communication, and maximize an office’s productivity.
  • Time Management. AAs need to plan their own time as well as others’ schedules.
  • Multitasking and Adaptability. AAs need to jump around to different tasks and anticipate the needs of the people they support.
  • Technologically Savvy. AAs help with technology-related problems and implement new processes.
  • Verbal and Written Communication Skills. AAs need to communicate with other employees, clients, and vendors in a professional manner.

#4. Salary

According to the BLS, secretaries, and administrative assistants (excluding legal, medical, and executive) made an average annual salary of $38,030 in 2018, while executive secretaries and executive administrative assistants made an average of $61,550 the same year. The BLS reported that in 2018 the highest number of administrative assistants worked in elementary and secondary schools and made an average of $38,080, while the largest portion of executive assistants worked in colleges, universities, and professional schools and made an average of $59,950.( Administrative Business Partner vs Executive Assistant).

#5. Primary Duties and Responsibilities

As an executive or administrative assistant, your primary duties include corresponding with members of your team or a director or executive. As an administrative partner, you may create emails to send to all members of the staff and speak with clients and guests as they arrive to meet with any members of the company. Alternatively, as an executive assistant, you may work more closely with the clients and attend internal business meetings or lunches with them and the company’s leaders. You may also facilitate correspondence for executives and their contacts. Some of the primary responsibilities of an administrative business partner are:

  • Taking calls and responding to emails
  • Arranging meetings and calendar management
  • Maintaining documents and filing systems
  • Tracking office inventory and ordering supplies
  • Handling technology and office equipment
  • Planning events and travel
  • Accounting and bookkeeping
  • Researching and drafting reports
  • Greeting and directing visitors

While Some of the primary responsibilities of an executive assistant are:

  • Taking calls and responding to emails
  • Arranging meetings and calendar management
  • Planning events and travel
  • Managing client relationships
  • Managing projects 
  • Preparing reports, presentations, and agendas
  • Taking meeting minutes
  • Training new staff
  • Accounting and bookkeeping

What are the 5 Main Functions of Administration?

Functions of administration include,

  • Planning. Before starting a project, you must make a plan
  • Organizing
  • Managing resources
  • Directing
  • Controlling
  • Budgeting.

Which Department is Business Administration?

They are public relations, marketing,  finance, logistics operations, human resources,  research, and development.

References

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