Business Head

6 days ago

Bangalore, India Magicbricks Full time

Location: Bangalore, India

Experience Required: 15+ years

Educational Qualification: Tier 1 Institution (MBA preferred)

About Magicbricks:

Magicbricks is one of India's leading real estate platforms, catering to the evolving needs of both

buyers and sellers in the real estate ecosystem. Our platform offers a seamless experience for

property transactions, bringing together innovative technology and market-leading insights to

help users make informed decisions.

Role Overview:

We are seeking a dynamic, results-driven, and strategic Business Head to lead one of our key

verticals. As the Business Head, you will be responsible for driving growth, profitability, and

market leadership for the vertical by developing and executing strategic initiatives. This is a

leadership role that requires both a deep understanding of the real estate market and strong

business acumen to manage a large team, build partnerships, and drive innovation.

Key Responsibilities:

1. Strategic Planning & Execution:

○ Develop and implement a comprehensive business strategy to drive growth,

market share, and profitability for the assigned vertical.

○ Analyze market trends, competitive landscape, and customer needs to identify

new business opportunities.

○ Oversee the development and execution of go-to-market strategies, ensuring

alignment with overall business objectives.

2. P&L Management:

○ Take full ownership of the P&L for the vertical, ensuring effective cost

management and revenue generation.

○ Identify cost-effective solutions to optimize operations and maximize profitability.

○ Develop and track financial metrics to measure success and set performance

targets.

3. Team Leadership & Development:

○ Lead, mentor, and develop a high-performance team across various functions

including sales, marketing, product, and operations.

○ Foster a collaborative, results-oriented, and innovative culture within the team.

○ Set clear goals and provide guidance to ensure alignment with the broader

organizational vision.

4. Customer & Market Insights:

○ Establish a deep understanding of customer needs, preferences, and pain points.

○ Build strong relationships with key customers, partners, and stakeholders to drive

customer satisfaction and loyalty.

○ Use data and insights to refine the product and service offerings, ensuring they

meet market demands.

5. Growth & Expansion:

○ Drive new business initiatives, partnerships, and collaborations to expand the

vertical’s reach.

○ Lead market entry strategies for new geographies or segments to ensure

sustained growth.

○ Identify and pursue strategic acquisitions, alliances, and partnerships to enhance

business offerings.

6. Innovation & Digital Transformation:

○ Spearhead the integration of digital technologies and innovation to enhance

product offerings and customer experience.

○ Foster a culture of continuous improvement, driving innovation in business

models, products, and services.

○ Stay abreast of industry trends, emerging technologies, and best practices to

ensure the vertical stays ahead of the competition.

7. Stakeholder Management:

○ Report to the Executive Leadership Team on business performance, strategic

initiatives, and market developments.

○ Communicate effectively with internal stakeholders to ensure alignment across

departments.

○ Engage with external stakeholders, including investors, partners, and customers,

to build and maintain strong relationships.

Desired Skills & Qualifications:

● Education: MBA from a Tier 1 institute (IIMs, ISB, XLRI, etc.) is highly preferred.

● Experience: 15+ years of experience in senior leadership roles, with a proven track

record in driving business growth, preferably within the real estate, e-commerce, or

technology sectors.

● Leadership: Strong leadership skills with experience in managing large, cross-functional

teams.

● Industry Knowledge: Deep understanding of the real estate market, trends, and

dynamics.

● Business Acumen: Strong P&L management skills, with a focus on operational

efficiency, profitability, and cost control.

● Innovation: A forward-thinking mindset with a focus on driving digital transformation and

innovation.

● Communication: Excellent communication, negotiation, and interpersonal skills with the

ability to engage stakeholders at all levels.

● Entrepreneurial Spirit: Ability to think strategically while being hands-on and adaptable

in a fast-paced, growth-oriented environment.

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