Tuesday, July 14, 2009

Business manager

A business manager is a person who manages the work of others in order to run a business efficiently. He or she should have working smarts of the following areas, and may be a specialist in one or more sales, marketing, and public relations research, operations analysis, data processing, mathematics, statistics, and economics; production; finance; accounting purchasing and personnel. 

Other technical areas in which a business manager may have expertise are law, science, physics, and computer programming. In the context of the music industry, a business manager is a representative of musicians and/or recording artists, whose main job is to supervise their business affairs, and the proper handling of their financial matters. 

The role as it is understood today was largely originated and the term coined by Allen Klein, who represented numerous performers through the years, helping them to both invest their incomes wisely and to recover unpaid or underpaid royalties and fees. Anyone who uses management skills or holds the organizational title of manager. 

Management in all business and human organization activity is simply the act of getting people together to accomplish desired goals and objectives. Management comprises planning, organizing or directing and controlling an organization or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources and natural resources.

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