# Competences — business manager Source: ESCO v1.2.1 occupation-skill relations (http://data.europa.eu/esco/occupation/544cd9cf-e2ee-4ac0-8a02-7147af6b97d7). ## Essential - **abide by business ethical code of conducts** (skill/competence) - **analyse business plans** (skill/competence) - **analyse business processes** (skill/competence) - **apply business acumen** (skill/competence) - **assume responsibility for the management of a business** (skill/competence) - **build business relationships** (skill/competence) - **business communication** (knowledge) - **business law** (knowledge) - **business management principles** (knowledge) - **collaborate in company's daily operations** (skill/competence) - **company policies** (knowledge) - **conclude business agreements** (skill/competence) - **control financial resources** (skill/competence) - **corporate social responsibility** (knowledge) - **cost management** (knowledge) - **create a financial plan** (skill/competence) - **create a work atmosphere of continuous improvement** (skill/competence) - **develop business plans** (skill/competence) - **develop company strategies** (skill/competence) - **develop revenue generation strategies** (skill/competence) - **ensure lawful business operations** (skill/competence) - **exercise stewardship** (skill/competence) - **financial forecasting** (knowledge) - **follow company standards** (skill/competence) - **integrate strategic foundation in daily performance** (skill/competence) - **liaise with managers** (skill/competence) - **make strategic business decisions** (skill/competence) - **manage staff** (skill/competence) - **negotiate with stakeholders** (skill/competence) - **plan medium to long term objectives** (skill/competence) - **recruit employees** (skill/competence) - **risk identification** (knowledge) - **strategic planning** (knowledge) - **strive for company growth** (skill/competence) - **track key performance indicators** (skill/competence) ## Optional - accounting (knowledge) - align efforts towards business development (skill/competence) - analyse financial risk (skill/competence) - analyse market financial trends (skill/competence) - banking activities (knowledge) - business loans (knowledge) - business process modelling (knowledge) - corporate law (knowledge) - create a financial report (skill/competence) - describe the financial situation of a region (skill/competence) - develop organisational policies (skill/competence) - develop professional network (skill/competence) - establish communication with foreign cultures (skill/competence) - evaluate performance of organisational collaborators (skill/competence) - execute marketing plan (skill/competence) - financial jurisdiction (knowledge) - financial management (knowledge) - financial statements (knowledge) - follow the statutory obligations (skill/competence) - human resource management (knowledge) - impart business plans to collaborators (skill/competence) - integrate headquarter's guidelines into local operations (skill/competence) - interact with the board of directors (skill/competence) - international trade (knowledge) - keep updated on the political landscape (skill/competence) - liaise with local authorities (skill/competence) - maintain relationship with customers (skill/competence) - manage budgets (skill/competence) - manage contracts (skill/competence) - manage financial risk (skill/competence) - manage office facility systems (skill/competence) - manage relationships with stakeholders (skill/competence) - market entry planning (knowledge) - marketing management (knowledge) - marketing principles (knowledge) - organise participation in local or international events (skill/competence) - oversee quality control (skill/competence) - plan health and safety procedures (skill/competence) - prepare financial statements (skill/competence) - project management (knowledge) - prospect new regional contracts (skill/competence) - report on overall management of a business (skill/competence) - shape corporate culture (skill/competence) - shape organisational teams based on competencies (skill/competence) - share good practices across subsidiaries (skill/competence) - speak different languages (skill/competence) - subsidiary operations (knowledge) - supply chain management (knowledge) - synthesise financial information (skill/competence) ## Market evidence (job-ad analysis, 29 ads, as of 2026-07-09) Share of analyzed job ads mentioning the item (threshold ≥ 20 %). Source: JSearch/Adzuna APIs. ### Hard skills - data analysis — **21 %** - budgeting — **17 %** ### Responsibilities - team leadership — **31 %**