What does a Managing Director do?
Senior leaders hold executive or upper management positions and provide high-level leadership and direction for an organization’s essential day-to-day operations. Their direct reports are typically directors and other upper-tier administrators. The senior leadership members steer core initiatives and establish organization-wide policies and standards. They lead strategic planning and critical decision making. They select and oversee directors and managers. They manage budgets, approve major expenditures, and maintain important strategic partnerships. They may also serve as a public “face” representing the company and making official statements.
Senior leaders often have an advanced degree such as an MBA and should have a strong track record of successful leadership in high-ranking roles with significant responsibility. These positions require solid leadership skills and the ability to manage multiple complex projects simultaneously.
- Provide support, direction, and guidance to employees.
- Responsible for oversight to and outcomes of assigned region.
- Participate in all mediations in the department that he/she oversees.
- Meet with project team members to identify tasks and dependencies.
- Responsible for all internal, legislative, and external audits related to sponsored programs
- Participate in and ensure team readiness for client status calls.
- Develop and ensure fiscal procedures that are sound and efficient.
- Generate ideas on new content ' and conduct interviews, perform research and analysis, generate insights, and develop tools to address the issues.
- Maintain strong client relationships and expand our contacts within the client organization.
- Develop and implement corporate strategies to achieve business goals.
- Identify, evaluate, and gauges complex and competing legal risks and external regulatory influences, and evaluate potentials for litigation and/or regulatory penalty.
- Monitor and ensure client satisfaction with overall service and quality of deliverables.
- Successfully manage complex processes involving direct contact with the clients and internal communication with direct reports and/or other project teams.
- Contribute to/direct preparation of policy briefings, testimony for pending legislative actions, and thought leadership documents.
- Research and identify new vendors as needed and monitor performance.
- Bachelor's or Graduate's Degree in business, computer engineering, computer science or engineering, or equivalent experience.
- A confident, natural leader and problem solver with demonstrated critical thinking and collaboration skills.
- Capable of working in stressful situations requiring quick thinking and agile decision making.
- Able to multitask and manage multiple important tasks simultaneously.
- Will strive for continuous improvement.
Managing Director Salaries
Average Base Pay
Managing Director Career Path
Learn how to become a Managing Director, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Managing Director Insights
“Incredibly smart and thoughtful people that you get to work with on a daily basis.”
“It is such a great workplace that no one leaves so getting promoted is difficult.”
“It is truly a great place to work and I am proud to work there.”
“Management is good and I have learnt so many new things here related to my work profile.”
“I appreciate the balance of work and fun which is an important aspect of professional life.”
“I’ve been with this company since 2007 and have experienced numerous opportunities to excel in my career.”
“work life balance was OK and depending what org you worked in dictated your success.”
“This is an excellent company to work for with opportunities for learning and career growth.”
Managing Director Interviews
Frequently asked questions about the role and responsibilities of a Managing Director
- Chief Operating Officer