From medical practice manager to business manager
13 of the 35 essential skills of a business manager are already essential for a medical practice manager — about 37% of the job, before you learn anything new.
These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.
- 13
- skills carry over
- 22
- would be new
- 37%
- of the target job covered
- 35
- essential skills of a business manager
What a business manager does
Business managers are responsible for setting the objectives of the business unit of a company, creating a plan for the operations, and facilitating the achievement of the objectives and implementation of the plan together with employees of the segment and stakeholders. They keep an overview of the business, understand detailed information of the business unit and support the department, and make decisions based on the information at hand.
What carries over
13 skillsEssential in both jobs. This is the part of the move you have already made.
- analyse business plans
- analyse business processes
- assume responsibility for the management of a business
- build business relationships
- business law
- business management principles
- control financial resources
- cost management
- create a financial plan
- develop company strategies
- develop revenue generation strategies
- make strategic business decisions
- recruit employees
What would be new
22 skillsEssential for a business manager and not for a medical practice manager. Note that the taxonomy describes activities rather than tools, so some of these may be things you already do under a different name.
- abide by business ethical code of conducts
- apply business acumen
- business communication
- collaborate in company's daily operations
- company policies
- conclude business agreements
- corporate social responsibility
- create a work atmosphere of continuous improvement
- develop business plans
- ensure lawful business operations
- exercise stewardship
- financial forecasting
- follow company standards
- integrate strategic foundation in daily performance
- liaise with managers
- manage staff
- negotiate with stakeholders
- plan medium to long term objectives
- risk identification
- strategic planning
- strive for company growth
- track key performance indicators
Other moves from medical practice manager
2 roles- branch manager15 skills in common
- bank manager11 skills in common
← medical practice managerbusiness manager →The other way round
No account needed to start
How far are you from being a business manager?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.