Trade guide
Executive Vice-President
The position of Managing Director is a strategic link in the organisation of modern companies. This management position places you at the heart of strategic decision-making and operational implementation. You support the Managing Director in his or her tasks, while developing your own area of responsibility. This demanding profession offers excellent prospects for advancement to general management positions.
The business
What is a Managing Director?
Its role
You will provide direct assistance to the Managing Director in all his strategic functions within the company. Your main task will be to ensure the operational implementation of the strategy defined by the General Manager. You will manage one or more cross-functional functions, coordinating different departments to achieve the objectives set.
Its field of action
As Deputy Director/Chief Operating Officer, you will be working in a complex environment where the global vision is paramount. You will work closely with the Board of Directors, the Department Directors and the entire Management Committee. Your representative role means that you will be in regular contact with external partners and key players in your sector of activity.
The functions
What are the duties of a Managing Director?
Your day-to-day work as a Managing Director is punctuated by varied responsibilities and stimulating challenges.
You will define and steer the implementation of the organisational strategy
You manage the teams and coordinate the various departments in the establishment
You represent the company in dealings with external partners and bodies
You take an active part in management committee meetings
You supervise budget management and performance monitoring
You develop relationships with strategic partners
You are responsible for reporting to General Management
You manage cross-functional projects and organisational transformations
Qualifications
The qualities and skills needed to be a good Managing Director
Leadership and management
Your ability to unite teams is the foundation of your success. You inspire confidence and mobilise talent around shared objectives, creating a high-performance collective dynamic.
Strategic vision and management
You have a good grasp of economic issues and develop an analytical approach to markets. This expertise enables you to anticipate changes and adapt the company’s direction.
Communication and representation
Your good interpersonal skills make it easy to deal with all your contacts. You know how to speak for the organisation and defend its interests during negotiations or strategic presentations.
The benefits
What are the advantages of being a Managing Director?
This job gives you a direct impact on the performance and future of your organisation. You take part in the decisions that shape the company and contribute to its growth. This responsibility generates a remarkable sense of professional fulfilment, enhanced by the diversity of the assignments and the people you deal with. Your strategic role positions you as a key player in economic development.
Your expertise in management and administration opens up exceptional career prospects. You’ll enjoy considerable autonomy in your decision-making and develop a unique cross-functional vision. You’ll be able to progress to positions such as general manager, business manager or head of a public institution. This career path makes the most of your experience and your ability to adapt.
Remuneration
Managing director: salary and career development
The job of Managing Director offers attractive remuneration, which rises significantly with experience. At the start of your career, you can expect to earn between €38,000 and €45,000 gross per annum. After a few years’ experience, this salary rises to €65,000, and can reach up to €120,000 gross per year for the most experienced profiles.
In addition, there are often significant benefits: company car, supplementary health insurance, variable bonuses amounting to 15-20% of the basic salary, and reduced working hours. Your career prospects will take you into general management, deputy CEO positions or strategic functions in large organisations.
Up to
120 000€
Salary per year
Training courses
How do you become a Managing Director?
Our training courses
If you want to become a Deputy Director, join a recognised school like INSEEC. Our teaching methods combine academic excellence and professional immersion. Our programmes develop your strategic vision and managerial skills, preparing you for executive responsibilities in all business sectors.
For example, you can opt for :
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INSEEC offers a wide range of programmes to help you train for your dream job.
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