Medical practice manager to business manager
A medical practice manager already meets 32% of what the business manager role asks for. The move turns on 21 required skills not yet in the profile.
76.3/ 100
1 How much of what a business manager is expected to do is already part of a medical practice manager’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the business manager role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
A business manager role treats 14 of its required skills as things a medical practice manager already does. You would walk in with these on day one.
- analyse business plans
- analyse business processes
- assume responsibility for the management of a business
- build business relationships
- business law
- business management principles
What stands in the way is 21 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 22 skills that carry over, these are the ones fewest other occupations ask for. A business manager role needs them, and most people applying for one will not have them already. This is the part of a medical practice manager background worth leading with.
- already held manage office facility systems working with computers
- already held assume responsibility for the management of a business management skills
- already held develop company strategies management skills
- already held develop revenue generation strategies management skills
- already held business law business, administration and law
- already held analyse business processes information skills
All 22 carried skills, including the 14 the business manager role treats as required.
Table 3 · What you may need to learn
The 62 missing skills fall into 6 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn develop business plans required
- still to learn apply business acumen required
- still to learn create a work atmosphere of continuous improvement required
- still to learn exercise stewardship required
- still to learn integrate strategic foundation in daily performance required
- still to learn manage staff required
- still to learn plan medium to long term objectives required
- still to learn strive for company growth required
- optional, not held organise participation in local or international events optional
- optional, not held develop organisational policies optional
- optional, not held evaluate performance of organisational collaborators optional
- optional, not held shape corporate culture optional
- optional, not held shape organisational teams based on competencies optional
- still to learn company policies required
- still to learn corporate social responsibility required
- still to learn risk identification required
- still to learn strategic planning required
- optional, not held business process modelling optional
- optional, not held project management optional
- optional, not held banking activities optional
- optional, not held business loans optional
- optional, not held corporate law optional
- optional, not held financial jurisdiction optional
- optional, not held financial statements optional
- optional, not held human resource management optional
- optional, not held international trade optional
- optional, not held market entry planning optional
- optional, not held marketing management optional
- optional, not held marketing principles optional
- optional, not held subsidiary operations optional
- optional, not held supply chain management optional
- still to learn collaborate in company's daily operations required
- still to learn conclude business agreements required
- still to learn liaise with managers required
- still to learn negotiate with stakeholders required
- optional, not held prospect new regional contracts optional
- optional, not held develop professional network optional
- optional, not held establish communication with foreign cultures optional
- optional, not held execute marketing plan optional
- optional, not held impart business plans to collaborators optional
- optional, not held interact with the board of directors optional
- optional, not held liaise with local authorities optional
- optional, not held manage contracts optional
- optional, not held manage relationships with stakeholders optional
- optional, not held report on overall management of a business optional
- optional, not held share good practices across subsidiaries optional
- optional, not held speak different languages optional
- still to learn abide by business ethical code of conducts required
- still to learn ensure lawful business operations required
- still to learn follow company standards required
- optional, not held follow the statutory obligations optional
- optional, not held integrate headquarter's guidelines into local operations optional
- optional, not held oversee quality control optional
- still to learn track key performance indicators required
- optional, not held create a financial report optional
- optional, not held analyse market financial trends optional
- optional, not held describe the financial situation of a region optional
- optional, not held keep updated on the political landscape optional
- optional, not held manage financial risk optional
- optional, not held prepare financial statements optional
- optional, not held synthesise financial information optional
- still to learn business communication required
Table 4 · Where to start
The 3 entries a business manager role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 abide by business ethical code of conducts practise this
- 02 company policies study this
- 03 corporate social responsibility study this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 22 skills that carry over
- already held analyse business plans skill
- already held analyse business processes skill
- already held assume responsibility for the management of a business skill
- already held build business relationships skill
- already held business law knowledge
- already held business management principles knowledge
- already held control financial resources skill
- already held cost management knowledge
- already held create a financial plan skill
- already held develop company strategies skill
- already held develop revenue generation strategies skill
- already held financial forecasting knowledge
- already held make strategic business decisions skill
- already held recruit employees skill
- already held accounting knowledge
- already held align efforts towards business development skill
- already held analyse financial risk skill
- already held financial management knowledge
- already held maintain relationship with customers skill
- already held manage budgets skill
- already held manage office facility systems skill
- already held plan health and safety procedures skill
41 supplementary skills, helpful but not required
- optional, not held organise participation in local or international events optional
- optional, not held business process modelling optional
- optional, not held create a financial report optional
- optional, not held project management optional
- optional, not held prospect new regional contracts optional
- optional, not held analyse market financial trends optional
- optional, not held banking activities optional
- optional, not held business loans optional
- optional, not held corporate law optional
- optional, not held describe the financial situation of a region optional
- optional, not held develop organisational policies optional
- optional, not held develop professional network optional
- optional, not held establish communication with foreign cultures optional
- optional, not held evaluate performance of organisational collaborators optional
- optional, not held execute marketing plan optional
- optional, not held financial jurisdiction optional
- optional, not held financial statements optional
- optional, not held follow the statutory obligations optional
- optional, not held human resource management optional
- optional, not held impart business plans to collaborators optional
- optional, not held integrate headquarter's guidelines into local operations optional
- optional, not held interact with the board of directors optional
- optional, not held international trade optional
- optional, not held keep updated on the political landscape optional
- optional, not held liaise with local authorities optional
- optional, not held manage contracts optional
- optional, not held manage financial risk optional
- optional, not held manage relationships with stakeholders optional
- optional, not held market entry planning optional
- optional, not held marketing management optional
- optional, not held marketing principles optional
- optional, not held oversee quality control optional
- optional, not held prepare financial statements optional
- optional, not held report on overall management of a business optional
- optional, not held shape corporate culture optional
- optional, not held shape organisational teams based on competencies optional
- optional, not held share good practices across subsidiaries optional
- optional, not held speak different languages optional
- optional, not held subsidiary operations optional
- optional, not held supply chain management optional
1 further entry not listed here
16 held skills the business manager role does not ask for
- not needed by the target role answer patients' questions skill
- not needed by the target role coach employees skill
- not needed by the target role discharge employees skill
- not needed by the target role evaluate employees skill
- not needed by the target role gather feedback from employees skill
- not needed by the target role health records management knowledge
- not needed by the target role healthcare administration knowledge
- not needed by the target role manage a multidisciplinary team involved in patient care skill
- not needed by the target role manage accounts skill
- not needed by the target role manage employee complaints skill
- not needed by the target role manage healthcare staff knowledge
- not needed by the target role manage healthcare users' data skill
- not needed by the target role manage medical supply chains skill
- not needed by the target role manage supplies skill
- not needed by the target role motivate employees skill
- not needed by the target role patient record storage knowledge
19 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn company policies required
- still to learn corporate social responsibility required
- still to learn business communication required
- still to learn risk identification required
- still to learn strategic planning required
- optional, not held business process modelling optional
- optional, not held project management optional
- optional, not held banking activities optional
- optional, not held business loans optional
- optional, not held corporate law optional
- optional, not held financial jurisdiction optional
- optional, not held financial statements optional
- optional, not held human resource management optional
- optional, not held international trade optional
- optional, not held market entry planning optional
- optional, not held marketing management optional
- optional, not held marketing principles optional
- optional, not held subsidiary operations optional
- optional, not held supply chain management optional
Other moves recorded from medical practice manager
Common questions about this move
Can a medical practice manager become a business manager?
Yes, and it is a career change move. A medical practice manager already covers 32% of what a business manager is expected to do: 22 skills carry over, 14 of which the business manager role treats as required.
What skills does a medical practice manager need to become a business manager?
21 required skills are missing, plus 41 optional ones. They fall into 6 areas of the ESCO skill hierarchy, led by management skills. The single most important is abide by business ethical code of conducts.
How hard is the move from medical practice manager to business manager?
Its learning distance is 76.3 out of 100, which is the career change band. That accounts for both how much is missing and how specialised those skills are.
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.