Business leadership executives shoulder the responsibility of managing a business or leading a team. Under this broad perspective, their versatile tasks include fulfilling the demands of different upper level management roles, such as chief executive officer, vice president, or operational manager. Leaders are required in almost all sectors and industries, be it education, healthcare, business, or arts and contribute towards the success of a company. Business leadership candidates must be equipped with leadership skills for undertaking promotion, advancement, or entrepreneurship.
In order to prepare for any of these roles, students should pursue a leadership degree that imparts basic lessons in psychology, finance, human relations, and computer science. A standard online leadership program offers coursework in a range of subjects such as leadership, communication, management decision making, strategic planning, effective change management, building and coaching teams, diversity in organization and transformative leadership.
Along with academic knowledge in these fields, students also receive practical training for implementing leadership theories and styles in business, government, and non-profit settings. Specialized leadership degree programs greatly focus on professional development, organizational dynamics, business trends, and long-range planning. After passing out from such a program, a student can use his creative abilities and technical skills for launching small businesses if he wishes.
However, if candidates aspire to apply for conventional executive positions they have a bright path ahead. The Bureau of Labor Statistics projects that general operations managers are capable of earning more than $142,030 annually while chief executive officers can exceed that mark and earn up to $158,560. As the job market is to undergo a 2% growth through 2016, the scope for top executive positions will invariably increase.
Figures courtesy of the U.S. Department of Labor’s Occupational Employment & Wages database.