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Tackling more advanced duties? Score big in this economy

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in Admins,Best-Practices Leadership,Management Training,Meeting Management

You've probably taken on more responsibility in the past five years, and you aren't alone. Admins are filling more advanced roles, according to a survey of more than 3,200 International Association of Administrative Professionals (IAAP) members.

Seventy-eight percent of the admins polled said their level of authority and autonomy in decision-making responsibilities has risen.

"When executives are frequently out of the office or trying to cover multiple priorities, the administrative assistant plays a vital role by managing projects, coordinating and organizing information, and serving as a communications hub in the office," said IAAP President Jo A. Peay in releasing the survey data.

Admins are taking on more responsibility in areas such as general office management, travel- and meeting planning, and budget- and expense tracking.

Scoring Big Points in this Economy

How are companies feeling about the future? A recent McKinsey survey reports executives are feeling positive about their companies’ ability to rebound: 74% of respondents say they expect companies’ profits to rise over the next 12 months.

The companies that expect profits to decline this year say they will remedy the situation by doing the following:

  • 54% will seek an increase in productivity
  • 29% will introduce new products or services to gain market share
  • 61% will reduce operating costs
  • 40% will restructure.

Tip: Play close attention to that 61% figure. Administrative professionals who can help leadership reduce operating costs by securing more advantageous service contracts, streamline a process or reduce spending, for example, will score big points.

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