Business Manager ( hospital)

We are currently hiring to fill the role of a Business Manager. The Business Manager will be responsible for driving optimum efficiency, profitability and growth for our hospitals.

KEY RESPONSIBILITIES:

1. Strategic Planning and Execution

• Collaborate with the GMD/CEO and subsidiary heads to develop and implement strategic plans aimed at growth, profitability, and sustainability across all subsidiaries.
• Analyze market trends, industry developments, and competitors to identify new business opportunities and adjust strategies accordingly.
• Drive cross-functional collaboration among the subsidiaries to leverage synergies and optimize resource allocation.
• Lead strategic reviews and provide regular reports to the GMD/CEO on the overall business performance of each subsidiary.

2. Operational Management

• Monitor and implement performance metrics and KPIs for each subsidiary, ensuring that each business unit meets financial targets and operational standards.
• Support and manage operational teams by providing leadership and setting operational goals to align with the group's vision.

3. Total Quality Management (TQM)

• Implement and promote Total Quality Management (TQM) principles across all subsidiaries, ensuring continuous improvement in processes, products, and services.
• Establishing quality standards, monitoring operational performance, and encouraging a culture of excellence within the subsidiaries.
• Oversee regular audits, performance reviews, and stakeholder feedback to enhance overall quality and maintain the group’s competitive advantage.

4. Financial Oversight

• Coordinate with the finance teams and heads of each subsidiary to develop budgets, forecasts, and financial strategies that align with corporate objectives.
• Monitor financial performance and ensure that each business unit is maintaining profitability and liquidity while adhering to budgetary constraints.
• Analyze financial data to make informed business decisions, controlling costs while identifying new revenue opportunities.

5. Business Development and Growth

• Identify and pursue opportunities for business expansion, partnerships, or acquisitions that align with the group’s growth objectives across all subsidiaries.
• Drive all marketing initiatives across all the subsidiaries, both online and offline, ensuring that they meet the marketing objectives.
• Lead efforts to improve market share through innovative marketing strategies, new product/service launches, and customer acquisition plans.
• Oversee and manage the tendering processes for the energy and hospitality subsidiaries, ensuring compliance with regulatory frameworks and market demands.

6. Stakeholder Management

• Act as the key liaison between the holding company and its subsidiaries, ensuring seamless communication and alignment on corporate goals.
• Keep the GMD updated on the performance and operational status of all subsidiaries.
• Cultivate and maintain strong relationships with external stakeholders, including clients, investors, partners, and regulatory bodies, particularly at the decision making level.
• Represent the group in industry-related events, ensuring positive brand representation and expanding the company’s network.
• Represent the GMD in internal meetings with subsidiary heads, Practice Managers, etc across the group.

7. Risk Management and Compliance

• Implement risk management practices to mitigate operational and financial risks across all subsidiaries.
• Liaise with the compliance team to ensure that all statutory and industry mandated compliances are comprehensively covered, strictly adhered to and kept up to date across all subsidiaries.
• Continuously monitor internal policies and processes, making sure they are up-to-date and effective in addressing the needs of each subsidiary.

8. Team Leadership and Development

• Provide leadership and drive to subsidiary heads, managers and heads of departments across the subsidiaries.
• Facilitate leadership development programs aimed at enhancing skills, productivity, and engagement within the team.
• Foster a culture of accountability, collaboration, and innovation throughout the group, ensuring a high level of employee satisfaction and retention. REQUIREMENTS AND SKILLS:-

1. Previous experience as a Business Development Manager or in a similar role
2. 3-5 years of experience

Grounded in healthcare sector

3. Strong analytical and problem-solving skills.

Excellent leadership and team management abilities.

Knowledge of healthcare regulations and compliance standards.

4. Proficiency in healthcare management software and Microsoft Office Suite.

Exceptional communication skills Salary Range - 450,000 - 500,000

Method of Application: Email- careers@invealthpartners.com