According to a 2021 survey by DDI World, almost 60% of leaders reported feeling worn out at the end of each day. These roles come with lots of responsibilities which means you can sometimes face issues like burnout. On average, senior leaders in the US earn an annual salary of $177,585.Īs great as all of this sounds, being a senior manager does come with some important caveats. And Lighthouse is a big part of that story.”īeing a senior leader can be very lucrative. Seeing that growth in somebody has been the most rewarding part of my job. Even if it was slow and took a lot of effort to happen, everyone made progress. "Maybe it was a bit of luck, but every person at Traveldoo showed growth during my time there. Jeremy Brown, the CTO of Ocus and a long-time user of Lighthouse software, talked to us about one of his biggest achievements as a senior leader: Often, it can come with a significant ownership stake or profit-sharing depending on your company and role. Increased impact, responsibility, and compensation.Overseeing the development of other managers and leaders.Directly executing and influencing the vision of a company or department and managing its performance along with other senior leaders.Being one of the most trusted employees of your company.Why would you want to become a senior leader?īecoming a senior leader is a rewarding and exciting role for several reasons, including: They are in charge of setting and achieving these high level goals by leveraging the teams that are below them in their org chart. As they have other managers report to them, they provide high-level leadership and direction for their department or organization. If you aim to keep developing as a manager throughout your career, becoming a senior leader is an inevitable step on your path.Īll of this means that senior leaders have a more strategic role. They may also serve as a public “face” representing the company and making official statements.” They manage budgets, approve major expenditures, and maintain important strategic partnerships. They select and oversee directors and managers. They lead strategic planning and critical decision-making. “Senior leaders steer core initiatives and establish organization-wide policies and standards. Senior leaders oversee the work of other managers – their direct reports – and their teams.Īs Glassdoor puts it, they’re responsible for the following things: Additional resources and further reading.Resources for developing new leaders (and senior leaders).Bonus point: Plan for the unexpected (Crisis leadership and COVID).Part 4: Creating a great culture for your organization.Part 3: Mastering the fundamentals and other tips.Part 2: Developing leaders to scale your leadership.Part 1: Key habits and concepts to be a great manager of managers.Intro: What is a senior leadership role and why would you become one?.
Senior management responsibility how to#
We'll show you what it takes to be a manager of managers and how to level up your areas of weakness.
Today, we take a deep dive into those and other areas to look at what skills you need to master to be a great senior leader. Or, maybe you've had a team of managers for a while and realize you need to be a lot more intentional about both what you do and what you teach your managers.Įither way, you need to learn how to make the transition from a manager of individual contributors to a great builder and manager of other managers.ĭeveloping future leaders, coaching your new managers to be good leaders to their teams, and molding your team and company's culture are all things you need to invest time in as a senior leader. Maybe you're a newly minted senior leader, suddenly finding your team got too big and you had to promote your first managers to help you. Now, you have to think about… How to make other managers successful, too The day you became a manager was the day you took up a new profession: leadership.īecoming a senior leader who leads other managers is the next stage of evolution on that leadership journey.
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