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20 Essential Business Roles Within An Organization
20 Essential Business Roles Within An Organization
In an organization, there are many types of business roles that are integral to company operations. From
executive-level professionals to entry-level employees, these roles involve specific tasks that contribute to a
company's success. Learning about the different business roles in a company can help you form a defined career
path. In this article, we explore several key business roles, what their responsibilities are and how they help a
business succeed.
Business roles are positions that have certain sets of responsibilities. Business owners typically plan an
organizational structure that outlines the different types of jobs and the tasks that each job type is responsible
for. Depending on the industry and the nature of the company, business roles can range from executive-level
titles, such as chief executive officer (CEO), to more operational business roles like an administrative assistant
or customer service representative.
Business roles allow owners and stakeholders to designate specific titles and duties to employees. Setting up
business roles allows employers to delegate important tasks to professionals who are qualified to perform these
jobs. When employees have a clear understanding of their responsibilities, they can better contribute to the
company's success.
Executive
Executive-level roles include senior-level positions and often feature a central executive in charge of an entire
organization or large department within an organization. For instance, a chief financial officer (CFO) is
responsible for overseeing the entire financial department. Executive jobs typically require extensive work
experience in addition to qualifications like education, skills and certifications.
Manager
Managers and supervisors make up many of the essential mid-level business roles within an organization.
Executives usually assign these roles and are generally in charge of directing them. For example, a chief
operating officer outlines the needs for a human resources department. They hire and oversee an HR manager
who is responsible for supervising the human resources staff.
Vice President
The vice president initiates the president's decisions and plans by directing mid-level managers and team
leaders. They can act in an operational role, overseeing business operations and initiating organizational
structures among the other roles.
Executive assistants
An executive assistant usually reports directly to the CEO and handles much of the CEO's administrative tasks.
A business often relies on an executive assistant to organize and maintain the CEO's schedules, agendas and
appointments.
Marketing manager
A marketing manager oversees the entire marketing department, depending on the size of the company. In
large corporations, there can be multiple teams within the marketing department, each with their own
marketing manager. Each manager reports directly to the CMO. In smaller businesses, the marketing manager
may be the only top-level business role in charge of directing marketing efforts.
Product manager
Product managers analyze product markets and streamline processes related to product development. A
product manager may focus their efforts on researching customer markets, evaluating in-demand products,
assessing manufacturing processes for making products, analyzing competitor products and collaborating with
marketing teams to develop strategies for promoting products.
Project manager
Project managers oversee many of the planning and development processes for business projects. These
professionals initiate, design, monitor, control and finalize projects. This business role may have the added
responsibility of analyzing and mitigating risks to various projects, and they commonly work with other
department managers—such as marketing and product managers—to plan and develop each aspect of a
project, including budget, resources and timelines.
Finance manager
Finance managers usually analyze costs and revenue and use this data to prepare financial reports. In smaller
organizations, this business role may oversee several financial aspects of business operations, such as calculating
and projecting incoming revenue and company expenses. In larger businesses, the finance manager may be
responsible for managing staff accountants and bookkeepers, and they rely on the work of these professionals
to create accurate financial reports and forecasts.
Operational roles
The operational business roles within a company are essential for day-to-day processes and include positions
such as:
Marketing specialist
Business analyst
Human resource personnel
Accountant
Sales representative
Customer service representative
Administrative assistant
Marketing specialist
A key role in the marketing department is the marketing specialist. Specialists perform several functions, such
as gathering customer data, researching target demographics and optimizing content for SEO purposes. Many
organizations have more than one marketing specialist working in the department, and this role typically reports
directly to the marketing manager.
Business analyst
Many companies employ business analysts who are responsible for evaluating the growth and development of
the business. This role analyzes market trends, projects future revenue and develops plans that help businesses
track profitability, product viability and the overall success of operations.
Accountant
An accountant oversees the day-to-day transactions of companies, including sales transactions, expense
payments and tax reporting. Accountants in smaller organizations may have responsibilities that finance
managers or CFOs handle in large business environments.
Sales representative
Sales representatives connect with customers to sell their business' products or services. Successful sales teams
use effective communication and interpersonal skills to build relationships with and maintain loyalty among
their company's customers, which directly influences the revenue stream of the business.
Administrative assistant
The administrative assistant, office assistant or receptionist serves as the first point of contact for visitors and
clients entering the business. They may perform many essential tasks such as managing the phone lines,
communicating between clients and business partners and keeping staff schedules organized. They may even
have tasks like data entry to help keep company documents current and accurate.