WHAT IS A BUSINESS PLANNING MANAGER JOB?
A business planning manager job entails creating and analyzing business plans to assist a company in achieving its goals. The role requires a strong background in business and finance, as well as an understanding of the industry in which the company operates. The job involves creating financial projections, conducting market research, and identifying opportunities for growth and development.
WHAT USUALLY DO IN THIS POSITION?
In this position, a business planning manager is responsible for creating and executing comprehensive business plans. They work closely with senior management to identify key business opportunities and challenges, and develop strategies to address them. They also analyze financial data and market trends to forecast future performance, and collaborate with other departments to ensure that goals are met.
TOP 5 SKILLS FOR POSITION
- Financial Analysis
- Market Research
- Strategic Planning
- Project Management
- Communication Skills
HOW TO BECOME THIS TYPE OF SPECIALIST?
To become a business planning manager, you typically need a bachelor's degree in business, accounting, finance, or a related field. Some companies may require a master's degree in business administration (MBA) or a similar program. Relevant work experience in business planning, finance, or a related field is also typically required. Strong analytical, communication, and project management skills are essential for success in this role.
AVERAGE SALARY
According to Glassdoor, the average salary for a business planning manager in the United States is approximately $95,000 per year. However, salaries can vary depending on factors such as location, industry, and level of experience.
ROLES AND TYPES
Business planning managers can work in a variety of industries, including finance, healthcare, technology, and retail. Some common roles within this field include financial analyst, business analyst, and project manager. Additionally, some companies may have specialized roles such as strategic planning manager or corporate development manager.
LOCATIONS WITH THE MOST POPULAR JOBS IN USA
According to Glassdoor, some of the top cities for business planning manager jobs in the United States include New York, San Francisco, Chicago, Los Angeles, and Boston. However, there are opportunities for this role in many other cities and regions throughout the country.
WHAT ARE THE TYPICAL TOOLS
Business planning managers typically use a variety of tools and software to assist them in their work. Some common tools include financial modeling software, project management tools, and market research databases. Additionally, knowledge of Microsoft Excel and PowerPoint is often necessary for creating financial projections and presentations.
IN CONCLUSION
A business planning manager job is a crucial role within any organization, helping to ensure that the company is on track to achieve its goals and objectives. Success in this role requires a strong background in business and finance, as well as excellent analytical, communication, and project management skills. With the right education and experience, a career as a business planning manager can be both rewarding and lucrative.