Managing directors are responsible for the following: Providing a top-level view of workflows, budgets and regulating expenses. Carrying out the business plan in the most efficient, cost-effective manner. Preparing the corporate and annual business plans. Monitoring the nonprofit's progress against the business plans.. The job description for a managing director will breakdown a wide variety of duties and responsibilities, which include: Strategize - Develop and oversee strategies to achieve short and long term business goals. Sales & marketing - Setting sales goals and directing departments to achieve them.

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A Managing Director is a senior position in a business that is the highest rank, excluding the C-suite. They often report to the C-suite and make significant management decisions based on the day-to-day operations of the business. The role can vary greatly across different industries.. As a managing director, advancing your career means delivering excellent results, developing your team, and expanding your influence. To do this, set clear and realistic goals that are aligned.