manager

Related Terms
An individual who is in charge of a certain group of tasks, or a certain subset of a company. A manager often has a staff of people who report to him or her.

As an example, a restaurant will often have a front-of-house manager who helps the patrons, and supervises the hosts; or a specific office project can have a manager, known simply as the project manager. Certain departments within a company designate their managers to be line managers, while others are known as staff managers, depending upon the function of the department.

Use 'manager' in a Sentence

I asked my manager about the process because he knows a lot about our company and this project in particular.
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When I needed to ask for unexpected time off I immediately went to my manager to explain the situation and find out if it was possible.
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If you are dissatisfied with customer service or product quality at a business, it may be necessary to ask to speak to a manager at a higher level for resolution of the problem.
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Notable Quotable

Passionate Managers Versus Deceitful Managers
"When you have able managers of high character running businesses about which they are passionate, you can have a dozen or more reporting to you and still have time for an afternoon nap. Conversely, if you have even one person reporting to you who is deceitful, inept or uninterested, you will find yourself with more than you can handle."
- Warren Buffett
What Makes a Successful Manager?
"Passion is the number one thing that I look for in a manager. IQ is not really that important. They need to be able to work well with others and the ability to get people to do what you want them to do. If you could put 10% of your future earnings on one of your classmates, you would pick the one that's most effective at working with people. These are qualities that are elective. If you could pick one to sell short, it would be the person that no one wants to work with. When I took over Solomon I had to pick the best person to run it. I interviewed 12 people for 15 minutes each and I asked myself, "Who would I go into a foxhole with?" I never look at grades or where you went to school."
- Warren Buffett
What's Your Manager's Edge?
"Every manager should be able to answer the question, "What's your edge?" This isn't the 1950s, when all you had to do was buy a corner lot and build a small drugstore and it gradually became incredibly valuable land or you owned a skyscraper or you built a small shopping center and it became the big regional mall. The market's very competitive; there are a lot of smart, talented people, a lot of money chasing opportunity. If you don't have an edge and can't articulate it, you probably aren't going to outperform."
- Seth Klarman


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