What does a Managing Director do?
A Managing Director is a member of the senior leadership team. Managing Director responsibilities include formulating and implementing the company’s business strategies and delivering strategic guidance. Managing Directors report to the board and stakeholders.
Our Managing Director job description includes the Managing Director responsibilities, duties, skills, education, qualifications, and experience.
Managing Director Example
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If you need an example job description for a Managing Director download the one below, alternatively we have many other Management job description samples and a job description library with over 3000 job descriptions templates that you can download for free.
What does a Managing Director do?
Managing directors oversee a company's business operations, liaise with stakeholders, drive strategic company growth, and are responsible for the overall performance of the business.
Managing Director Role
We are looking for an excellent and experienced Managing Director to oversee business operations and provide strategic leadership for our growing company. The Managing Director’s responsibilities include developing and implementing strategic plans and company policies, maintaining dialog with stakeholder’s and driving organisational success.
To succeed as a Managing Director, you should be able to manage and advance a business’s strategic objectives. Ultimately, an outstanding Managing Director is an exceptional leader, drives a company’s strategic visions, and is adept at crisis management.
Managing Director Duties
- Extensive experience as a Managing Director or in a similar role.
- Experience in developing and implementing strategic and business plans.
- Excellent communication, negotiation, and presentation skills.
- Strong analytical, critical thinking, and problem-solving skills.
- Able to excel in high-pressure situations.
- Excellent organisational and leadership skills.
- Degree in business, marketing or a related field.
- Master’s degree preferred.
- Proficient in Microsoft Office.
Managing Director Requirements
- Developing and executing business strategies to achieve short and long-term goals.
- Reporting to the board, providing market insights and strategic advice.
- Developing and implementing business plans to improve cost-efficiency.
- Maintaining positive and trust-based relations with business partners, shareholders, and authorities.
- Overseeing the company’s business operations, financial performance, investments, and ventures.
- Supervising, guiding, and delegating executives in their duties.
- Ensuring company policies and legal guidelines are clearly communicated.
- Assessing, managing, and resolving problematic developments and situations.
- Building and enhancing the company’s public profile at events and speaking engagements.
- Extensive experience as a Managing Director or in a similar role.
- Experience in developing and implementing strategic and business plans.
- Excellent communication, negotiation, and presentation skills.
- Strong analytical, critical thinking, and problem-solving skills.
- Able to excel in high-pressure situations.
- Excellent organisational and leadership skills.
- Degree in business, marketing or a related field.
- Master’s degree preferred.
- Proficient in Microsoft Office.
Managing Director Qualifications
The education and qualifications of a Managing Director might include the following:
- A Business Administration or Business Manager Degree
- Two A Levels
Managing Director Desired Experience
The relevant experience of a Managing Director might include running a small business, managing a large department, or overseeing business operations. These roles help individuals learn excellent organisational skills and improve their commercial awareness.
Managing Director Training
Possible training of an excellent Managing Director candidate might include:
- Senior Leader Master’s Degree Apprenticeship
How to write a Managing Director Job Advert
Use our job advert template to write a job advert for posting on job sites and job boards. Our job advertising templates are carefully created to help you reach your audience and beat the competition to the best talent.
A job description informs the reader about a job, whereas a job advert’s main objective is to sell the job opportunity to attract as many suitable applicants possible. A job advert maybe the first touch-point a candidate has with your company so it is important to create a great impression.
Job Advertisements should enticing, so considering using short, exciting language which get the reader’s attention.
How to write a Managing Director Job Description
To write a job description, we recommend starting with a job description template from our job description library, which contains examples for 800+ positions and professions. Our job description examples include a job summary with duties and responsibilities and skills and requirements, which can be personalised for your job vacancy.
Job Description Advice - Guidance on How to Personalise a Managing Director Job Specification
The hiring process and recruiting new employees to fill your key roles requires a degree of personalisation if you are to attract the best employees in a competitive employment market. The right person for a crucial role or more senior roles will likely have other employers targeting them. As your job description will be the first point of contact, you need to nail your pitch and provide the best possible service.
Job Description Tips - Help on formatting a Managing Director Job Specification
When creating your bespoke description and advert, you should cover and promote these points:
Job title: This should accurately reflect the role and include keywords that top talent might be using to search for jobs.
Job duties: The day to day duties, such as administrative tasks, which vary depending on the company and inform the candidate if they can complete the role.
Technical skills: These are the hard skills required through training, such as proficiency with Microsoft Office.
Soft skills: These include the interpersonal skills and general abilities the right candidates will possess. For example, the competency to prioritise multiple tasks, handle customer queries and customer complaints, work alone, or build a good relationship with coworkers.
The company's culture: Highlighting your company culture and values ensures employees thrive and find outstanding job satisfaction. Candidates that are not the right fit won’t waste their time completing the application process, meaning you can focus on qualified individuals and hire in a more timely manner.
Career progression: Including the career path will entice candidates looking for career growth.
Training and development programs: Smaller companies may need employees with previous experience or provide educational assistance over internal training offered by larger organisations with more significant resources.
Employee benefits: Compensation and benefits often fail to appear in job ads and while you may want to hold your cards close to your chest, failing to include them is a mistake. Consider answering common questions, such as working hours and paid leave. Researching the average salary for the role in these early stages will ensure you don’t waste your interviewer’s and the candidate’s time.
Skill gaps: Your company may need to bring in new skills beyond those required to complete the key role and duties. Thinking on an organisational level can be beneficial when contemplating skills diversity.
Legal requirements: Ensure your job advert and description does not ask for inappropriate or discriminatory personal details, such as age, marital status, or religion.
How to Hire a Managing Director
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