How to fast track your way up in a business management career?

Post by Open Colleges on November 26th, 2021

Do you work in business management, or is this a career path you’re interested in pursuing? Business management is a highly varied career path providing lots of exciting possibilities. Primarily, it offers the opportunity to work across several business and administration functions, from operations management and project management to information systems and financial reporting.

With a career in business management, you’re not limited when it comes to choosing a job. With the right skills, you’ll be able to become an Office Administrator, Office Manager, Project Assistant, Accounts Supervisor or even an Executive Personal Assistant, to name a few. It will also open the doors for you to work in a variety of industries too, from Finance and Retail, to Manufacturing, Healthcare and even Government. Plus, the great news is that every business needs business management support, so you can feel confident that this isn’t a role that will become out-of-date anytime soon.

But whether you’re new to business management or established in the field, how can you flourish and even fast track your career success? It’s time to invest in your career management! Work experience is an excellent place to start, but this will only help you get so far. Having the right skills is crucial, and this will help you stand out from the crowd and can even help noticeably propel your career forward.

What skills do you need to work in business management?

Having entry-level skills is essential for every job. But to accelerate your career in business management, you’ll need to acquire more advanced skills. These 5 business administration skills will not only enable you to do your job much better but will make you even more valuable and noticeable to an employer:

Administration/planning skills

You’ll need to organise meetings, prepare documentation, and produce minutes, so having good administration and planning skills are important. In some cases, you may also be required to make travel arrangements, create a business itinerary and more.

Project management skills

You’ll be required to manage several projects at a time, so it’s vital that you can stay organised, stick to deadlines, and prioritise the most time-sensitive tasks. You must also be able to plan projects and coordinate them carefully.

Operations skills

To help any business run smoothly, strong operational skills are critical. In your business management role, you may be required to coordinate business resources, implement and monitor sustainable work practices, implement workplace information systems and more.

Technical skills

While it’s essential to have basic technology skills in most jobs, developing more advanced technology skills (and staying up to date with continuous advances in technology) will help you perform your job more effectively and efficiently.

Financial skills

Having more advanced financial skills and experience is vital, especially if you want to stand out. This is because, in a business management career, you may be required to carry out tasks such as reporting on financial activity or even preparing financial reports.

As well as these above hard skills, it’s essential to have a selection of soft skills too. These should include excellent communication skills and good people skills. You’ll also need to be highly organised and confident at decision making.

How can you elevate your skills?

Now that you know the skills you need, it’s time to consider how you will obtain them. At Open Colleges, we offer a
BSB40515 Certificate IV in Business Administration course where you’ll be able to build on your existing knowledge and gain a broad, advanced understanding of critical business and administration functions. You’ll develop all the skills listed above and come away with a nationally recognised qualification that will help you stand out from other job applicants.

Our business administration course is run online, so your learning and development can fit around your existing commitments, including work and home life.

If you want to fast track your business management career, enrol on our BSB40515 Certificate IV in Business Administration.

Business Business & leadership
Open Colleges
By Open Colleges

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