Necessary skills for Managing Director: skills and requirements
General requirements of a Managing Director
• Bachelor's degree in business administration or related field
• Minimum of 10 years of experience in a leadership role
• Proven track record of successfully managing and growing a business
• Strong financial acumen and experience with budgeting and forecasting
• Excellent communication and interpersonal skills, with the ability to lead and motivate a team
Skills and Behaviours for a Managing Director
Business partnering
Business acumen
Financial accounting
Financial Reporting
Growth Strategies
Business Development
Sales Strategy
Managerial Accounting
P&L Management
Partnership Development
Strategic Partnerships
Revenue Generation
Forecasts
Risk Management
Risk Management
Sales presentations
Sales Presentations
Talent Acquisition
Hiring
Communicating information
Active Listening
Asking the right questions
Influencing and persuading others
Synthesizing information
Decision Making
Courage and risk-taking
Driving change and innovation
Presenting Alternatives
Developing others
Coaching others to succeed
Enhancing individual and professional development
Sharing knowledge, skills and expertise to others
Negotiation
Closing deals
Leading win-win discussions