Business Head

2 months ago

Delhi, 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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