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Career Guidance Skills management skills S4.9 - making decisions S4.9.0 - making decisions Make strategic business decisions
Description
Analyse business information and consult directors for decision making purposes in a varied array of aspects affecting the prospect, productivity and sustainable operation of a company. Consider the options and alternatives to a challenge and make sound rational decisions based on analysis and experience.
Occupations requiring this skill
This section is generated automatically.
Skill demand overview
- Essential in 17 occupations
- Optional in 16 occupations
- Total: 33 occupations
- Most common in: ISCO major group 1 (Managers)
Essential for
- Branch managerBranch managers are responsible for the management of all the affairs related with a company in a specific geographic region or business branch. They receive indications from the h…
- Mergers and acquisitions analystMergers and acquisitions analysts oversee the execution of transactions for the purchase, sale, merger or takeover of companies. They negotiate and complete the deal on the client'…
- Business service managerBusiness service managers are reponsible for the provision of professional services to companies. They organise the provision of services tailored to the needs of the client and li…
- ICT business analysis managerICT business analysis managers identify areas where information system changes are needed to support business plans and monitor the impact in terms of change management. They contr…
- Business managerBusiness managers are responsible for setting the objectives of the business unit of a company, creating a plan for the operations, and facilitating the achievement of the objectiv…
- Insurance agency managerInsurance agency managers coordinate and oversee the operations of an institution or a branch of an institution that offers insurance services. They provide clients with advice on …
- Business analystBusiness analysts research and understand the strategic position of businesses and companies in relation to their markets and their stakeholders. They analyse and present their vie…
- Venture capitalistVenture capitalists invest in young or small startup companies by providing private funding. They research potential markets and particular product opportunities to help business o…
- Market research analystMarket research analysts collect the information gathered in the market research and study it to draw conclusions. They define the potential customers of a product, the target grou…
- Business consultantBusiness consultants analyse the position, structure and processes of businesses and companies and offer services or advice to improve them. They research and identify business pro…
- Chief executive officerChief executive officers hold the highest ranking in a pyramidal corporate structure. They are able to hold a complete idea of the functioning of the business, its departments, ris…
- Bank managerBank managers oversee the management of one or several bank activities. They set policies which promote safe banking operations, ensure the economic, social and commercial targets …
- Medical practice managerMedical practice managers manage the day-to-day operations of a medical practice. They oversee the staff and business side of the practice. Duties The duties of a medical practice …
- Sales managerSales managers develop sales and targeting strategies for a company. They manage sales teams, allocate sales resources based on the plans, prioritise and follow up on critical lead…
- Chief operating officerChief operating officers are the right hand and second in command of a company's chief executive officer. They ensure that the daily operations of the company run smoothly. Chief…
- Operations managerOperations managers plan, oversee and coordinate the daily operations of production of goods and provision of services. They also formulate and implement company policies and plan …
- Legal service managerLegal service managers oversee the general management of a legal service office. They not only strive for the highest efficiency and effectiveness when delivering legal services an…
Optional for
- Accounting managerAccounting managers assume responsibility for all accounting activities relating to financial reporting. They develop and maintain accounting principles and procedures to ensure ti…
- Financial auditorFinancial auditors collect and examine financial data for clients, organisations and companies. They ensure the financial data is properly maintained and free of material misstatem…
- Business intelligence managerBusiness intelligence managers gain knowledge of the industry, the innovative processes therein, and contrast them with the operations of the company in order to improve them. They…
- Corporate investment bankerCorporate investment bankers offer strategic advice on financial services to companies and other institutions. They ensure that legal regulations are being followed by their client…
- Financial managerFinancial managers handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, e…
- Investor relations managerInvestor relations managers disseminate the investment strategy of the company and monitor the reactions of the investment community towards it. They use marketing, financial, comm…
- EBusiness managereBusiness managers create and execute a company's electronic strategy plan for selling products and services online. They also improve data integrity, placement of online tools and…
- Tax advisorTax advisors use their expertise in tax legislation to provide commercially focused advisory and consultancy services to a wide range of clients from all economic sectors. They exp…
- Department managerDepartment managers are responsible for the operations of a certain division or department of a company. They ensure objectives and goals are reached and manage employees. Other ti…
- Service managerService managers are responsible for the supervision and coordination of the provision of different professional and technical services to customers. They ensure a smooth interacti…
- Banking products managerBanking products managers study the market of banking products and adapt the existing ones to the characteristics of this evolution or create new products to suit clients needs. Th…
- Telecommunications analystTelecommunications analysts review, analyse and evaluate an organisation's telecommunications needs and systems. They provide training on the telecommunications system features and…
- Programme managerProgramme managers coordinate and oversee several projects working simultaneously. They ensure workability and compatibility among projects ensuring that overall, each one of the p…
- Accounting analystAccounting analysts evaluate the financial statements of clients, usually companies, which include the income sheet, the balance sheet, the statement of cash flows and additional n…
- Audit supervisorAudit supervisors oversee audit staff, planning and reporting, and review the audit staff's automated audit work papers to ensure compliance with the company's methodology. They pr…
- Dividend analystDividend analysts calculate and allocate dividends and interest incomes of a company's earnings to a category of its shareholders. They assess business systems and processes in ord…
Related skills
- Decision support systems
- Business strategy concepts
- Financial statements
- Analyse business plans
- Analyse financial performance of a company
- Manage budgets
- Interpret financial statements
- Liaise with managers
- Analyse financial risk
- Corporate social responsibility
- Financial management
- Create a financial plan
- Build business relationships
- Advise on financial matters
Last updated on February 19, 2026
