Business experts are people who thoroughly understand the business and the data supporting the business. They know the specific business rules and processes.
In a typical company setup, a person will have a long way to climb up the corporate ladder so he or she will land on top manager positions. During the period that he is climbing the corporate ladder, he learns valuable lessons about the company's objectives, decision making guides, internal and external policies, business strategy and many other aspect of the business.
The chief executive officer (CEO) is the business organization's highest ranking executive. He is responsible for running the business, carrying out policies of the board of directors and making decisions that can highly impact the company. The CEO must not only be a business expert in general but must also be a business expert in particular about all the details of the business he is running. He can be considered the image of the company and his relationship both internally and externally with other companies is very vital for the success of the business.
Accountant are key business experts responsible for recording, auditing and inspecting financial records of business and prepares financial and tax reports. Most accountants give recommendations by laying out projected sales, income, revenue and others.
Marketing people, whether marketing managers or staff, are constantly on the look out for marketing trends. They gather different statistical data and demography so they know the target for goods and services. They closely work with advertising people.
Business software developers are among the top notch information technology professionals. Aside from mastering the technical aspect of IT like computer languages and IT infrastructure, the must also know the very framework of the business architecture. Their applications are made to automate business tasks like transaction processing and all kinds of business related reporting.
Customer relations specialists take of the needs of clients especially the current and loyal ones. They make sure that clients are satisfied with the products and services. They also act like marketing staff by recommending other products and service to clients. Their main responsibility is keeping the clients happy, satisfied and wanting for more.
Human resource staff take care of hiring the best minds suited for the business. Since businesses offer different products and services, the human resource staff is responsible for screening potential employees to handle the business operations. In order for the human resource staff to match the potential candidate, they (the HR staff) should also know the ins and outs of the business they are dealing with.
There are also business experts who do not want to be employed in other companies but instead they want to have their own business and be their own boss. These people are called entrepreneur. Entrepreneurs spend invest their own money on the business of their choice. The make feasibility studies first before throwing in their money or they may hire the services of a business consultant.
A business consultant is a seasoned business expert that that has a lot of business success experiences under his belt. Most business consultants are not fully attached to one company alone. Business consultants know all aspects of the business. He recommends actions by studying the financial status and transaction history of the company he offering his services. Many companies are offering business consultancy as the main line of service.
Corporate lawyers focus on laws pertaining to business. They take charge of the contracts and represent companies during time of legal misunderstanding with other entities. In all undertakings whether traditional or new, corporate lawyers will have to ensure that the company does not violate any law of a given country.