Monthly Archives: November 2013

What it takes to be an Entrepreneur

Entrepreneurship is the practice of developing a business. This entails determining the required resources, sourcing and acquiring the necessary resources, financially supporting the business venture, and organizing the whole procedure. Entrepreneurs are educated and qualified professionals who take both the risks and rewards that this business venture entails.

Entrepreneurs must enjoy and have passion for their business and be excited about embarking on their journey as leader and manager of their own company. If entrepreneurs are not enthusiastic about or believe in their business, this will be reflected in the success (or lack thereof) of their company.

Entrepreneurs generally have a post-secondary education, such as a bachelor’s or master’s degree in business, economics, finance, or accounting. During their academic career, they will have gained knowledge in areas such as business law and ethics, microeconomics, macroeconomics, organizational behavior, organizational psychology, accounting principles, management theory, marketing and advertising, market trends and research, business policy and strategy, and venture capital. Upon completion of a graduate degree program, it is extremely beneficial to gain hands-on experience. In order to acquire this, recent graduates may work under the supervision of an experienced and qualified entrepreneur of a successful company. After gaining a graduate degree and some work experience, they are best prepared to pursue their own business venture.

In addition to education and work experience, there are certain skills which are essential for success as an entrepreneur. Entrepreneurs must have positive leadership skills. They must be able to motivate and encourage employees as well as lead by example. Exceptional customer-service skills are extremely important. All activities and operations performed in the company must be customer-focused, since customers are ultimately the people who decide the success of a company. Good technical skills are also necessary. Companies must be up-to-date in our high-tech world and use these resources to their advantage. Entrepreneurs must have great interpersonal and communication skills. They must be able to convey their ideas and opinions in a constructive way and be able to actively listen to others’ ideas and opinions as well. Entrepreneurs may deal with numerous issues and concerns on a daily basis therefore the ability to solve problems effectively, efficiently, and in a timely fashion is critical.

Those who excel in the bachelor’s and master’s degree program in business, gain on-the-job experience, and encompass the skills and personality traits mentioned above, will no doubt be successful in this demanding, challenging, and rewarding profession.

The following link is to a site that will give you more information regarding a career as an entrepreneur.

http://www.educationchoices.com

How to Become a Supply Chain Manager

Supply chain management involves the control, supervision, and directing of steps that an organization needs to take in order to convert raw materials into products and distribute them to customers. Supply chain managers are educated and trained professionals who must ensure that these steps taken are efficient and cost effective. Their responsibilities include organizing the activities involved in the acquirement, production, and distribution of goods; negotiating for the lowest price for raw materials; purchasing the necessary materials; documenting and recording inventory; ensuring customer demands are being met; creating, enforcing, and adhering policies and regulations; supervising the work of employees within the company; and resolving any issues or concerns that may arise.

There are three requirements needed in order to become a supply chain manager. The first requirement is a post-secondary education. This includes a bachelor’s and master’s degree in business, finance, economics, accounting, or supply chain management. During the bachelor’s degree program, students are introduced to this industry’s principles, concepts, practices, and applications. Areas of study include accounting theory, supply chain distribution principles, quality management, social psychology, operations management, microeconomics, macroeconomics, logistics and distribution, business law, and purchasing management. Upon completion of this four-year degree program, students may obtain entry-level positions in the supply management field and gain on-the-job experience. However, those who aspire to become a supply chain manager are strongly encouraged to continue onto the master’s degree program in supply chain management. This two-year program prepares students for higher-level positions within this industry. Students conduct research and complete a thesis based on an area of focus in the business field. More advanced coursework is included in this program such as project management, business ethics, inventory administration, international supply chain management, and productivity leadership.

The second requirement is work experience. Subsequent to completion of the master’s degree program in supply chain management, students must gain work experience before becoming a supply chain manager. In most instances, students work in the industry for a few years working closely or under the supervision of an experienced supply chain manager. Once an individual has gained the knowledge and skills necessary by working for a few years, they are able to acquire a position as a supply chain manager.

The third requirement is certain skills and personality traits which are essential for success in this industry. Supply chain managers interact with a number of different individuals therefore they must have exceptional interpersonal skills. They must actively listen to their employees as well as upper management and be able to convey their ideas and opinions in an efficient manner. Supply chain managers must have great organization and time-management skills. They handle a number of different tasks on a daily basis and must meet numerous deadlines therefore, they must be able to prioritize and determine which tasks to address first and foremost. Supply chain managers must have positive leadership skills. They must have the ability to encourage and motivate their employees, assist in any way they can, and lead by example. Supply chain managers encounter a variety of issues and concerns daily therefore, they must have good problem-solving skills and be able to resolve different problems with appropriate and effective solutions.

Those who excel in the bachelor’s and master’s degree program in business or supply chain management, gain on-the-job experience, and encompass the skills and personality traits mentioned above, will no doubt be successful in this demanding but rewarding profession.

The following links are related to pursuing a career in the supply chain management industry.

http://www.educationchoices.com/

http://www.careersinsupplychain.ca/

http://businessmajors.about.com/od/degreeoptions/a/Should-I-Earn-A-Supply-Chain-Management-Degree.htm

What You Need for a Career in the Public Administration Industry

Public administration is an academic discipline which involves studying the implementation and operations of government policy. Students undergoing a post-secondary education program in public administration are educated and trained in working in a private or public sector at the local, regional, or national level. Public administration professionals are educated and trained specialists who understand the systems and operations of a particular branch of government and ensure that the public service is fair, effective, and well-run. A few responsibilities of public administration professionals include considering the welfare and interests of the municipality as a whole and addressing any issues that affect or hinder the public’s well-being; developing, adhering, and advocating policies, programs, and regulations; attending council meetings; keeping matters discussed at council meetings confidential; and performing any duties imposed by councillors.

There are a variety of professions to choose from in this field however, a majority of them require a post-secondary education. This includes a bachelor’s or master’s degree in business, politics, finance, economics, healthcare, social work, or public administration. During the undergraduate degree program, students are introduced to this discipline’s concepts, practices, applications, and principles. Subject areas taught in the undergraduate degree program include psychology, sociology, history of public policy, family violence, child and adolescent development, government and judicial systems, budgeting and finance, and project management. Upon completion of this four-year program, students may gain hands-on work experience by obtaining an entry-level position in the public administration industry. These positions include policy analyst, mental health counselor, or customs inspector. In order to become employed in a higher-level position, students must complete a master’s degree in public administration. This program lasts two years and students are educated in more specialized or focused areas within the public administration field. Students complete a thesis on original research which they have conducted and are prepared for more advanced positions in this industry such as human resources manager, budgeting director, or public administration officer.

In addition to the educational requirements, there are certain skills and personality traits one must encompass in order to be successful in this career field. Public administration professionals interact with different types of individuals therefore exceptional interpersonal and communication skills are essential. They must be able to actively listen to other’s needs (especially if they are working with abused victims or people addicted to alcohol or drugs) and be able to offer their advice and assistance. Public administration professionals must have positive leadership skills especially if they are in a management-type position. They must be able to encourage and motivate others and lead by example. Good organization skills are important since public administration professionals work with a number of different clients or cases. They must have the ability to keep all documents and files in order. Being empathetic and compassionate is also vital in this field. Public administration professionals must feel some concern for the people they work with and have a need to assist them in any way they can.

Those who encompass these skills and qualities mentioned above, excel in the bachelor’s or master’s degree program specializing in public administration, and have a passion to work with those in need will no doubt be successful in this challenging but important industry.

The following links are related to pursuing a career as a public administration professional.

http://www.educationchoices.com/

http://www.wikihow.com/Decide-on-a-Career-in-Public-Administration

http://www.publicadministration.net/public-administration-careers/

Working as an Operations Manager

Operations management is the department within an organization that deals with the day-to-day activities of the business. Operations management oversees, designs, and directs the procedures and operations of the production of goods or services. Operations managers are educated and trained professionals who ensure that business operations are running efficiently and effectively. Their responsibilities include implementing cost control procedures to keep within budget; focusing on the delivery of quality with each step of the production process; hiring and training employees; acting as a liaison between the company and outside parties; addressing and resolving issues and problems that arise on a daily basis; interacting with clients regarding their needs; and establishing regulations and procedures within the company.

In order to become an operations manager, students must have a degree in business, economics, finance, or accounting. Both a bachelor’s and master’s degree in any of these areas is required for professional employment. The bachelor’s degree takes four years to complete and upon completion, students may obtain entry-level employment in the business industry. In order to advance further, it is strongly encouraged to continue onto a master’s program in business administration, which would take two years to complete. Students are educated in areas such as material distribution, ethics in business, market trends and analysis, quantitative analysis, operation design and control, marketing and advertising, strategic management, organizational psychology, organizational behavior, finance law, and business law. Once students have completed their education requirements, they are able to gain on-the-job experience by working under the supervision of an experienced operations manager in an organization.

In addition to the education and work experience requirements, there are certain skills and personality traits which are essential for the success in this profession. Operations managers must have exceptional interpersonal skills. They interact with a number of different individuals, from employees and upper management to customers and outside parties. They must speak to everyone in a helpful, polite, and respectful manner. Operations managers must have positive leadership skills. They must be able to motivate and encourage the employees who work under them and must lead by example. Due to the numerous tasks and responsibilities that operations managers must perform, organizational and time-management skills are important. There are always deadlines for when tasks must be completed therefore operations managers must work efficiently at all times. Issues and concerns arise daily therefore effective problem-solving skills are needed.

Those who encompass the skills and personality traits mentioned above, as well as excel in the bachelor’s and master’s degree program in business, will no doubt be successful in this demanding but rewarding profession.

The following links are related to pursuing a career in the operations management industry.

http://www.educationchoices.com/

http://businessmajors.about.com/od/degreeoptions/a/Should-I-Earn-An-Operations-Management-Degree.htm

http://careerbear.com/operations-manager

Becoming an Accounting Manager and what this Profession Entails

Accounting management is a department within a company that maintains and controls the financial health of an institution or organization by applying management techniques and methods which assess, plan, implement, and oversee programs that utilize financial data in order to make financial decisions. Accounting managers use these programs to analyze and view reports and other financial statistical information to make day-to-day, short-term, and long-term financial decisions for the company. Their other responsibilities include preparing financial statements, reports, documents, and forecasts to present to other associates; monitoring and maintaining the company’s finances; overseeing employees who are in charge of  budgets and financial reporting; researching ways to reduce costs; examining market trends; and assisting other management in the company’s financial decisions.

In order to become an accounting manager, one must complete a degree in business, economics, finance, or accounting. A bachelor’s degree in accounting takes four years to complete and upon completion, students may acquire entry-level positions in the accounting or business industry. However, in order to obtain management positions, students must continue onto a master’s degree in accounting or business. During their educational career, students are educated in areas such as financial accounting, business law and ethics, microeconomics, macroeconomics, accounting management, income taxation, accounting software applications, mathematics principles, accounting theory, and fraud examination. Upon completion of a master’s degree program in accounting or business, students must gain on-the-job experience by working under the supervision of an experienced accounting manager at a business firm, law firm, accounting firm, or corporate office.

In addition to the education and experience requirements, students must encompass certain skills and qualities which are essential for success in this industry. Accounting managers must have exceptional analytical and problem-solving skills. They must be able to recognize the appropriate solutions to various issues and make sensible and effective decisions based on the available information. Accounting managers must be comfortable with using mathematics since they work with mathematics and statistics principles on a daily basis. Exceptional interpersonal skills are important since accounting managers interact with employees as well as upper management consistently. They must actively listen to others and be able to offer advice and assistance whenever needed. Accounting managers must have good organization skills since there are times when they will have to handle a few different projects at once. Having positive leadership skills is necessary. They must be able to motivate and encourage their employees while always leading by example.

Those who encompass the skills and personality traits mentioned above, as well as excel in the bachelor’s and master’s degree program in accounting or business, will no doubt be successful in this demanding but rewarding profession.

The following links are related to pursuing a career in the accounting management industry.

http://www.educationchoices.com/

http://www.allbusinessschools.com/business-careers/article/role-of-the-management-accountant

http://www.wikihow.com/Become-a-Certified-Management-Accountant-(CMA)

Working as a Child Care Manager

Child care management is a profession which plans, organizes, directs, and oversees the services and activities that occur at a child care facility. Child care managers are educated and trained professionals who are responsible for all aspects of their child care program. Their tasks include supervising associates as they work with children; preparing child care plans, programs, and budgets; adhering to government policies and procedures; providing training and professional development opportunities for associates; interacting with parents of children regarding their child’s progress; ensuring facilities are well-maintained; hiring, training, and dismissal of employees; assisting in conflict resolution; and developing educational programs and services which adhere to educational standards.

Those who are interested in pursuing a career as a child care manager must complete some type of formal education program such as an associate’s degree in child care management. This two-year program educates students in areas such as child development, child psychology and psychopathy, day care administration, child abuse, family violence, adolescent development, child health and nutrition, child care personnel management, and group dynamics. After completion of an associate’s degree program and before obtaining employment as a child care manager, students must acquire certification as a child care manager. In order to do so, applicants must have completed some form of education in the child care field, gain on-the-job experience, and pass a comprehensive examination which assesses the applicants’ knowledge and skills in this field. The National Early Childhood Program Accreditation (NECPA) offers the Child Care Professional (CCP) designation.

In addition to these education and work experience requirements, students must also encompass certain skills and qualities which are essential in this profession. Child care managers must enjoy working with children. They must be able to actively listen to their needs and concerns and offer their assistance and guidance whenever needed. Child care managers must have exceptional interpersonal skills. They interact not only with children, but with other teachers, government officials, health care professionals, and parents. They must always speak to others in a helpful, polite, and respectful manner. Organizational skills are also important. Child care managers sometimes have hundreds of children who attend their facility therefore they must make certain to keep all records and documents in order. Positive leadership skills are necessary. Child care managers must have the ability to motivate and encourage others as well as lead by example.

Those who encompass these skills and qualities mentioned above, excel in the associate’s degree program specializing in child care management, and have a passion to work with children will no doubt be successful in this challenging but important profession.

The following links are related to pursuing a career as a child care manager.

http://www.educationchoices.com/

http://education-portal.com/articles/Child_Care_Manager_Employment_Information_and_Requirements_for_Becoming_a_Childcare_Management_Professional.html

http://www.wisegeek.net/how-do-i-become-a-child-care-manager.htm

Professions in Advertising and Marketing

Contrary to what a lot of individuals believe, advertising and marketing are not identical to each other, however they are related. Advertising is a discipline which involves the communication of a persuasive message to a targeted audience. Advertising’s goal is to persuade the customer to purchase goods and/or services which they are selling through print, radio, or television mediums. Marketing, on the other hand, is the methodical planning, execution, and management of a number of business activities which are intended to attract buyers as well as sellers so goods and/or services can be transferred or exchanged. This process is mutually advantageous for both parties.

In order to pursue a career in advertising and marketing, students must complete some type of formal education such as a bachelor’s degree in advertising and marketing. A bachelor’s degree program takes four years to complete and students majoring in advertising and marketing will take courses in areas such as microeconomic, macroeconomics, copywriting, online marketing, consumer behavior, organizational psychology, media planning, business law, accounting, and publication design. Upon completion of a bachelor’s degree program in advertising and marketing, students may acquire entry-level positions in this field such as a marketing research analyst, public relations specialist, or advertising sales agent. Those who wish to obtain management positions in the advertising and marketing field must continue onto a master’s degree in business (M.B.A.), majoring in advertising and marketing. A master’s degree program takes about two years to complete and students write a thesis on research they have conducted in this field. Upon completion of a master’s degree program in advertising and marketing, students may acquire positions such as a marketing manager, human resources manager, or public affairs director.

There are certain skills students, who are interested in pursuing a career in this field, should encompass in order to be successful. Advertising and marketing professionals must have good analytical and problem-solving skills. They often examine market and industry trends in order to plan profitable strategies to follow. This also entails strong decision-making skills. Advertising and marketing professionals must determine the most beneficial avenues to pursue when planning projects. Positive leadership skills are important. They must be able to motivate and encourage their staff and offer advice and guidance when needed. Advertising and marketing professionals must have exceptional interpersonal skills. They must speak to others in a respectful, polite, and helpful manner and be able to actively listen to others’ opinions and concerns.

Those who encompass the skills and personality traits mentioned above, as well as excel in the bachelor’s and master’s degree program in business (majoring in advertising and marketing), will no doubt be successful in this demanding but rewarding profession.

The following links are related to pursuing a career in advertising and marketing.

http://www.educationchoices.com/

http://www.forbes.com/sites/jacquelynsmith/2013/03/13/the-marketing-and-advertising-jobs-with-the-best-future/

http://marketing.about.com/cs/marketingjobs/a/careers_4.htm

A Career in Human Resources

Human resources is the department within a company or organization that deals with the selection, education, training, assessment, and rewarding of its employees. Professionals who work in this department have several responsibilities which include ensuring adherence to employment and labor laws; mediating disputes between employees; assigning disciplinary procedures; interviewing qualified candidates for employment; advising managers on organizational policies; administering employee services and programs; motivating employees; and interacting with various employees in order to determine their level of satisfaction with working at the organization.

Human resources managers are educated and trained professionals who oversee the human resources department. They may find employment in various settings such as business firms, corporate offices, law firms, hospitals, insurance companies, departments within the government, or medical offices.

In order to acquire professional employment as a human resources manager, individuals must obtain both a bachelor`s and master`s degree in business or human resources. To obtain a bachelor`s degree, students must undergo four years of education, taking courses in areas such as economics, management finance, economics, personnel management, employment law, compensation, psychology, training and development, and organizational behavior. During the master’s degree program, students conduct research in the business field and complete a thesis. Coursework includes ethical issues in human resources, labor laws, human resources consulting, global human resources, compensation and benefits management, and employee training practices. Once students complete their master’s degree, they must then acquire certification as a human resources manager. This entails passing a comprehensive examination which assesses the students’ knowledge and skills in the business field. Employers generally only hire those who have fulfilled these requirements.

There are certain skills and personality traits one must encompass in order to be successful as a human resources manager. Exceptional interpersonal and communication skills are extremely important. Human resources managers interact with various associates and managers therefore they must be able to effectively communicate their issues and concerns as well as actively listen to others. They must speak to associates in a helpful, respectful, and polite manner. Human resources managers must have positive leadership skills. They must have the ability to encourage and motivate others in their work by using positive and rewarding techniques. Organizational skills, decision-making skills, and time-management skills are also needed in this occupation.

Those who encompass the skills and personality traits mentioned above, as well as excel in the bachelor’s and master’s degree program in business or accounting, will no doubt be successful in this demanding but rewarding profession.

The following links are related to pursuing a career in human resources.

http://www.educationchoices.com/

http://humanresources.about.com/od/hrbasicsfaq/tp/careers_in_hr.htm

http://www.wikihow.com/Become-a-Human-Resources-Manager