GENERAL MANAGER: Meaning, Salary, Duties, Difference & Titan

General managers (GMs) are in charge of making sure a business or area runs well. Those in this position play an important organizational role in a business’s leadership structure. A GM job may be ideal for you if you appreciate mentoring others to accomplish their best work. In this article, we talk about a general manager and a titan general manager, including the general manager’s job description, salary, and General Manager vs Operations Manager.

General Manager

A general manager (GM) oversees all or part of the activities of a department or corporation, especially revenue generation and cost control. In small businesses, the general manager can be one of the most important people. In organizations with a clear hierarchy, GMs are above most other workers but below executives at the corporate level. The job’s responsibilities and importance can vary from company to company and often depend on how the staff is set up.

Salary General Manager

General managers are very important to the day-to-day operations of almost every type of business. People in this role are more than just general managers. They usually have a lot of education and are able to manage the people who work for them well, as well as work well with other managers and executives to reach the company’s goals and objectives. In addition, you need to know how to use computers, have training experience, be able to solve problems and settle conflicts, and more. Depending on the size and structure of each business, General Operations Managers either report to the managers above them or directly to the CEO or company owner.

The salary for a general manager ranges from $45,850 to $208,000, depending on experience and sector knowledge. The general manager has an average salary of $125,740 per year.

They have the best salaries in New Jersey, where they can earn an average of about $172,790 per year. These workers receive the highest compensation in the Leadership and Management of Businesses and Enterprises sector, where they may earn an average salary of $162,410 per year.

What are the Top 10 Highest Cities for General Manager Jobs?

We’ve found 10 cities where the average salary for a General Manager job is higher than the average salary across the country. Richmond, California, is at the top of the list, followed closely by Bellevue, Washington, and Federal Way, Washington. Federal Way, WA, is $12,042 ($18.7%) above the national average, and Richmond, CA, is another $16,355 ($25.4%) above the average of $64,372.

Since the average salaries in these 10 cities are better than the national average, it seems like a General Manager could make a lot of money by moving to a different city.

Lastly, another thing to think about is that the average pay between Richmond, CA, and San Jose, CA, is only 9% different, which shows that there isn’t much room for wage growth. When weighing location and salary for a General Manager post, the possibility of a cheaper cost of living may be the most important element to consider.

General Manager Job Description

General managers (GMs) are very important to the success of many different types of businesses, from big corporations to small retail shops. GMs are like mini-CEOs because they are in charge of the day-to-day operations of a business section, department, or stand-alone store. The general manager is in charge of making sure that strategic goals are met. They do this by setting operational policies, making and keeping budgets, managing workers, and other things. Good candidates are good at leading, have a strong business mind, and know how to organize and work with other people.

We made a job description for the general manager role to find the best person for the job. You can use the example below as a starting point and change it to fit your company.

Sample General Manager Job Description

At [Company A], our success is directly linked to how well our management team works. To keep working at our high standards, we need a general manager who is a natural leader. The candidate should have experience running a business and managing things like finances, messaging, and human resources. The ideal applicant will be a great communicator who can easily give out tasks and work with people from different areas. In the end, the general manager should want to make our business as productive and efficient as possible.

#1. Objectives

Make a strategic plan to maximize output
By developing procedures, monitoring workers, cultivating a highly inspiring work environment, and implementing new improvements, a company can review and increase its efficiency.
Follow the company’s rules for quality and success
Look for ways to grow and expand your business by making new connections.
Give advice and comments to help others improve in certain areas of knowledge or skill.

#2. Responsibilities

Oversee day-to-day operations, set weekly performance goals and make sure they are met, and reach your own goals.
Recruit, hire, and train high-performing workers to meet sales, profit, and market share goals.
It is important to keep control of project timelines in order to ensure that activities are completed successfully.
Create, execute, and keep track of plans for budgeting and allocating resources
Assign tasks to qualified workers and enforce policies, processes, specifications, standards, rules, cultural norms, and training programs.
Staff problems should be solved quickly and in a way that benefits everyone.

#3. Required Skills and Qualifications

Proven success in an executive job
Strong decision-making skills
Excellent communication, teamwork, and delegation skills
Proven ability to make and carry out financial plans
Ability to inspire and lead workers and make sure they do their jobs.
Strong understanding of how things work on the job

#4. Preferred Skills and Qualifications

Bachelor’s degree (or the equivalent) in the field of business administration or a related area, Experience evaluating people’s work.
Know how human resource systems work.

Titans General Manager

Reports say that Amy Adams Strunk chose Ran Carthon to be the new general manager of the Tennessee Titans. Carthon is the eighth Black general manager in the NFL. He has been the head of player personnel for the San Francisco 49ers for the past two years. He takes over for Jon Robinson, whom Strunk fired in the middle of the Titans’ appalling 2022 campaign. After a short time playing, Carthon, who is 41, has been a scout since 2008. He takes over a team with a lot of problems, especially at the most important spot.

Ran Carthon Is the New General Manager of the Tennessee Titans

After getting off to a 7-3 start, things went downhill for the Titans in 2022. They lost their last seven games, including a Week 18 game against the Jacksonville Jaguars that they had to win to make the playoffs. They don’t have enough ability. There is no easy way to fix it.

Spotrac says that the Titans are $24.1 million over the salary cap for 2023. This makes them the second-worst team in the NFL when it comes to the salary cap. And the good guys they do have aren’t getting any younger. Derrick Henry turned 29 this month, and since he joined the league in 2016, he has carried the ball 1,750 times.

Is he getting worse as a player? Henry’s average yards per run in the last two years is much lower than his average for his whole career.

General Manager vs Operations Manager

Operations Managers are the people in charge of running a business or group from day to day. They are in charge of managing employees, keeping an eye on budgets, making decisions, and making sure the company works well and efficiently. Operations Managers also look for ways to improve and put plans in place to make the business more efficient and productive.

Below, we talk about the major differences between a General Manager’s and an Operations Manager’s duties, requirements, and work environment.

#1. Job Duties

General managers are in charge of the whole business, while operations managers are in charge of certain parts of it. A general manager is in charge of making and enforcing business policies, judging how well employees do their jobs, and training employees. Operations managers make production process decisions, design techniques to increase efficiency, and supervise people who do specific jobs. They also talk to people in other departments to make sure that the products meet customer satisfaction and quality standards.

#2. Job Requirements

You need at least a bachelor’s degree in business administration, management, or a related area to become a general manager or operations manager. Employers may prefer people with a master’s degree in business administration (MBA) or similar fields for some jobs. Also, many general managers and operations managers have worked in management or a related area for a few years before they were put in charge of something.

#3. Work Environment

Most of the time, general managers work in an office, but they may also go to different places. Often, they are in charge of more than one place or department in a company. Operations managers often work in the same place as their team. They might spend most of their time there, but they can go to other places if they need to.

#4. Skills

The skills that general managers and operations managers use are related in a number of ways. Both jobs require good communication skills because they involve talking to workers, clients, and other important people. Both of them also need to be good at managing their time and keeping track of various projects at the same time. Also, both the general managers and operation managers must be capable of making decisions quickly and under pressure.

But the skills that these two kinds of managers use aren’t exactly the same. General managers can do their jobs better if they have a broad understanding of all areas of business, such as finance, marketing, human resources, and production. This enables them to make good decisions about where the company is going. Operations managers, on the other hand, usually know a lot more about one area of business, like production or logistics. They use what they’ve learned to make their area work better and more efficiently.

#5. Salary

A general manager makes an average of $63,331 per year, while an operations manager makes an average of $75,844 per year. Both of these pay scales can change based on the size of the company, the business you work in, and your level of experience.

Is the CEO and General Manager the Same?

A general manager is a worker who is in charge of one or more of a company’s departments. A Chief Executive Officer (CEO) is the highest-ranking employee of a company. General managers are in charge of a lot of workers in one store, office, or part of a bigger company.

Is a General Manager a Boss?

Authority. In hierarchical companies, general managers are at the top of the management chain and are usually in charge of overseeing managers at the lower and middle levels. But they are not as powerful as corporate executives. Usually, they answer to the CEO or another member of the top leadership team.

Can a Company Have Two General Managers?

In a hierarchical or matrix organization, you could also have two managers with different jobs. In a traditional setup, all workers report to one manager. This is called a hierarchy. In this kind of setup, it’s normal to have two managers who work at different levels of the company.

Who Works Under the General Manager?

A general manager is a person in charge of running the business and making sure it makes money and doesn’t lose money. A person in an executive job could be a general manager. The job is below the top management of a company but above the lower management and operations workers.

What Are the Five Functions of General Management?

At its most basic level, management is a field that includes five main tasks: planning, organizing, staffing, leading, and directing. These five functions are part of a set of ideas and practices about how to be a good manager.

Is the COO a General Manager?

The main difference between a chief operating officer (COO) and a general manager (GM) is the span of their jobs. A COO is the second-highest member of management and usually has more than one general manager under their supervision. There isn’t just one kind of COO. Instead, each company picks its own COO based on what it needs.

GENERAL MANAGER: Meaning, Salary, Duties, Difference & Titan

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General Manager

Salary General Manager

What are the Top 10 Highest Cities for General Manager Jobs?