Profession medical practice manager

Medical practice managers manage the day-to-day operations of a medical practice. They oversee the staff and business side of the practice.

Personality Type

• Conventional / Realistic
• Conventional / Social

Knowledge

• Financial management

  The field of finance that concerns the practical process analysis and tools for designating financial resources. It encompasses the structure of businesses, the investment sources, and the value increase of corporations due to managerial decision-making.

• Manage healthcare staff

  The managerial tasks and responsibilities required in a health care setting.

• Cost management

  The process of planning, monitoring and adjusting the expenses and revenues of a business in order to achieve cost efficiency and capability.

• Business law

  The field of law concerned with the trade and commerce activities of businesses and private persons and their legal interactions. This relates to numerous legal disciplines, including tax and employment law.

• Business management principles

  Principles governing business management methods such as strategy planning, methods of efficient production, people and resources coordination.

Skills

• Analyse business objectives

  Study data according to business strategies and objectives and make both short-term and long-term strategic plans.

• Manage employee complaints

  Manage and respond to employee complaints, in a correct and polite manner, offering a solution when possible or referring it to an authorized person when necessary.

• Develop revenue generation strategies

  Elaborate methodologies through which a company markets and sells a product or service to generate income.

• Analyse business processes

  Study the contribution of the work processes to the business goals and monitor their efficiency and productivity.

• Create a financial plan

  Develop a financial plan according to financial and client regulations, including an investor profile, financial advice, and negotiation and transaction plans.

• Assume responsibility for the management of a business

  Adopt and assume the responsibility that entails running a business, prioritising the interest of its owners, the societal expectation, and the welfare of employees.

• Hire new personnel

  Hire new personnel for a company or organisation payroll via a prepared set of procedures. Make staffing decisions and direct selection co-workers.

• Evaluate employees

  Analyse employees' individual performance over a certain time span and communicate own conclusions to the employee in question or higher management.

• Make strategic business decisions

  Analyse business information and consult directors for decision making purposes in a varied array of aspects affecting the prospect, productivity and sustainable operation of a company. Consider the options and alternatives to a challenge and make sound rational decisions based on analysis and experience.

• Plan health and safety procedures

  Set up procedures for maintaining and improving health and safety in the workplace.

• Control financial resources

  Monitor and control budgets and financial resources providing capable stewardship in company management.

• Build business relationships

  Establish a positive, long-term relationship between organisations and interested third parties such as suppliers, distributors, shareholders and other stakeholders in order to inform them of the organisation and its objectives.

• Analyse financial risk

  Identify and analyse risks that could impact an organisation or individual financially, such as credit and market risks, and propose solutions to cover against those risks.

• Develop company strategies

  Envision, plan, and develop strategies for companies and organisations aimed at achieving different purposes such as establishing new markets, refurbishing the equipment and machinery of a company, implementing pricing strategies, etc.

• Gather feedback from employees

  Communicate in an open and positive manner in order to assess levels of satisfaction with employees, their outlook on the work environment, and in order to identify problems and devise solutions.

• Align efforts towards business development

  Synchronise the efforts, plans, strategies, and actions carried out in departments of companies towards the growth of business and its turnover. Keep business development as the ultimate outcome of any effort of the company.

Optional knowledge and skills

Source: Sisyphus ODB