Building high-performing teams through effective functional management.
A functional manager is a type of manager who oversees a specific area or function within an organisation. They are responsible for managing a team of employees who are focused on a specific area of the organisation's operations such as finance, marketing, human resources, operations or IT. The role of a functional manager includes hiring, training as well as managing employees to ensure they are effectively contributing to the organisation's goals.
Furthermore, the functional managers are also responsible for developing as well as for implementing strategies to achieve their area's goals and objectives. This can involve analysing data, identifying trends along with making data-driven decisions. They play a critical role in ensuring that their area of the organisation is effectively contributing to the organisation's goals and objectives.
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Depending on the particular organisation and industry a functional manager's duties may vary, but generally speaking they consist of the following:
Functional managers are in demand across many different industries and some of the top recruiters for functional managers include:
Employment Sector
The salary of a functional manager can vary depending on several factors such as experience, education, skills, location and industry.
|
Level of Salary |
Salary Package per Year |
|
Starting Salary |
Approx ₹3,00,000 |
|
Mid Level Salary |
Approx ₹5,00,000 |
|
Senior Level Salary |
Approx ₹10,00,000 |
Functional Managers have a bright future as companies in a variety of industries recognise the value of functional managers in their operations. Here are some of the job opportunities for them:
Overall, the career scope of functional managers is quite broad and offers opportunities for growth as well as development within various industries. The candidates are required to attain good management skills to build a better future.
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