A Managing Director is a senior position in a company, with responsibility for overseeing the company’s performance. They give an organisation strategic guidance to ensure long-term goals are achieved. The Managing Director leads a board of directors, and reports in to the chairperson and shareholders.
There is no single pathway to becoming a Managing Director but typically you will need to have completed tertiary education and have many years of work experience.
Complete a Bachelor degree.
Consider gaining a Master of Business Administration (MBA).
Undertake the professional director training course with the Australian Institute of Company Directors (AICD).
Gain relevant work experience and develop expertise in business, leadership and decision-making.
Finding good mentors, undertaking a Board induction as well as completing professional training specific to the role of a Director should be considered essential steps for all new Directors.
Having strong technical expertise which you can confidently demonstrate, as well as strong leadership skills are also vital. It may take many years to develop these skills and experience.
- Detail Orientated
- Strategic Thinking
- Commercial Acumen
- Analytical Thinking
- Customer Centricity
You may like to think about moving on from this career, some transferable skills can be utilised in roles such as;
- Board of Directors