Corporate management is a broad term that covers the positions of leadership within an organization, and the primary goal is business success. Workers in this field are top executives who manage overall strategy and fine tune processes to achieve maximum efficiency. Corporate management can include the executive staff as well as middle management.
Many top executives start their careers with a bachelor’s degree – usually in business administration, public administration, management or liberal arts – and earn a master’s degree as they gain experience. To stay competitive, qualified corporate managers will constantly update their financial and business knowledge by taking courses or attending seminars and professional conferences.
The duties of corporate management executives depend on an organization’s size and structure. In smaller organizations, a partner, owner or general manager often handles:
In large organizations, corporate management executives:
Corporate management salaries depend on the role an executive plays within the organization. According to the U.S. Bureau of Labor Statistics, the median annual salary of a chief executive officer (CEO) is $160,720 with the top 10% earning up to or beyond $166,400. The median annual salary of a general and operations manager is $92,650 with the top 10% earning up to or beyond $166,400.