What Is Business Management? Business management is the process of planning, organizing, directing, and controlling the activities of a business or organization to achieve its goals and objectives. It involves overseeing all aspects of a business, from finance and operations to marketing and human resources. Leadership skills, effective communication, and problem-solving are critical for strong business managers. Through their ability to make strategic decisions, they drive the success of the organization. Key Takeaways Business management involves planning, organizing, directing, and controlling various activities to meet organizational objectives. The BLS expects the field of business management to grow 8% from 2023 to 2033. This growth includes diverse roles such as retail supervisors and administrative services managers—offering competitive salaries and career advancement. An associate’s degree in business management provides you with critical skills needed for entry-level management roles. Most programs offer flexible online instruction and comprehensive student support services. Every Organization Needs Leaders Not everyone can be a leader or manager at work, and many people don’t want the responsibilities of overseeing employees and processes. Fortunately, others feel called to work in management roles and want to make a meaningful impact on their teams and their employers. Some managers go through company training to learn the skills they need. Others who are new to management “learn by doing,” having to figure things out as they go. Additionally, some entry-level managers start the job with formal management education under their belts, which helps them be more confident in their supervisory roles.