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Business Development Director Job Description
Business development directors help companies to increase profitability by identifying business opportunities, growing and enhancing a company’s presence on the market, and building relationships with customers, vendors, and distributors. They use their knowledge of a company’s products and services to identify opportunities to increase revenue.
Business Development Director Job Description Template
We are looking to hire a highly driven business development director to assist the company to increase profitability. The business development director’s responsibilities include building and strengthening internal and external relationships, managing customer relations, and implementing strategies designed to increase revenue and acquire new business opportunities. You should also be able to collaborate with the marketing team to develop innovative marketing strategies.
To be successful as a business development director, you should also be able to perform detailed market research and analysis. Ultimately, a top-performing business development director should be able to prepare proposals in response to requests for proposals (RFPs).
Business Development Director Responsibilities:
- Building and maintaining relationships with both internal and external sales and marketing departments, vendors, distributors, and customers.
- Identifying and developing new business opportunities for the company.
- Researching new markets and emerging market trends.
- Developing new partnerships.
- Formulating and implementing an account management plan to ensure that business relations are properly maintained.
- Presenting market research to the marketing department and recommending strategies to improve market research.
- Collecting information in order to prepare proposals in response to requests for proposals (RFPs).
- Continually learning about the company’s products.
Business Development Director Requirements:
- Bachelor’s degree in business administration, marketing, or related field.
- Proven experience in sales, marketing, business development, and management.
- Proficient in all Microsoft applications.
- The ability to multi-task.
- Sound negotiation and conflict resolution skills.
- Excellent communication and interpersonal skills.
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Home / Online Master’s Degree Programs / Online Master’s in Management and Leadership / Careers in Management and Leadership / Business Development Manager Responsibilities
Business Development Manager Responsibilities Business Development Manager Responsibilities Business Development Manager Responsibilities
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Those interested in helping businesses develop long-term relationships with clients may be drawn to a career in business development. Business development managers play a crucial role in the success of an organization. These professionals generate new sales leads, negotiate client pricing, and forecast sales revenue, all to support one of the most important business development manager responsibilities — helping organizations maximize their profits.
Business development managers must evaluate current sales performance and identify ways an organization can expand and grow. Consequently, this career is an ideal choice for those who are self-motivated, goal-oriented, and commission-driven. Students seeking a career in business development should start by building the knowledge and skills they’ll need to be successful. Earning an advanced degree, such as Maryville University’s online Master of Arts in Management and Leadership , can prepare graduates for business development manager positions in a variety of fields.
Work Settings for Business Development Managers
Most business development managers work full time, Monday through Friday, but their work environments may vary. Some business development managers work in an office, some work entirely from home, and others split their time between the two. In addition, professionals in this field often travel for conferences, conventions, and client meetings.
Business development managers work in a number of industries, including:
- Software and hardware
- Financial services
What Do Business Development Managers Do?
Although the responsibilities of a business development manager may vary by industry, many day-to-day duties are uniform. Some of those include:
- Setting goals and developing plans for business and revenue growth
- Researching, planning, and implementing new target market initiatives
- Researching prospective accounts in target markets
- Pursuing leads and moving them through the sales cycle
- Developing quotes and proposals for prospective clients
- Setting goals for the business development team and developing strategies to meet those goals
- Training business development staff
- Attending conferences and industry events
Fundamental Skills for Business Development Managers
Aspiring business development managers need a variety of hard and soft skills. Examples include communication, organizational, time-management, and technical and computer skills, as well as drive and self-motivation.
- Communication skills: Business development managers must be able to communicate with clients of all backgrounds and educational levels. Well-developed written and verbal communication skills are must-haves for professionals who work in this field.
- Organizational skills: Professionals who choose this career path must be comfortable juggling numerous clients, on- and off-site meetings, and deadlines. Individuals who are highly organized are best equipped to manage the many parts of the job and keep client proposals and other tasks on track.
- Time -management skills: Business development managers must understand how to prioritize their time. Individuals who work in this field must be comfortable managing a calendar and adjusting their schedule as needed.
- Technical and computer skills: Most organizations use a sales content management system (CMS) to track leads and client calls and document where each prospect is in the sales cycle. Aspiring business development managers must have basic technical and computer skills.
- Drive and self-motivation: The most successful business development managers are goal-oriented and commission-driven. Professionals who have drive and motivation will push themselves to succeed.
Salary Range for Business Development Managers
PayScale reports the median salary for business development managers in July 2020 was around $73,000. Earners in the bottom 10% of the salary range made around $45,000, while those in the top 10% made around $122,000. Most compensation packages for business development managers consist of a base salary plus commission.
In addition to a business development manager’s responsibilities, other factors impacting earnings include the industry, the geographic location of the job, and the employee’s level of experience. It should also be noted that individuals who have earned an advanced degree, such as an online Master of Arts in Management and Leadership , may receive additional compensation.
Your Path Toward a Career as a Business Development Manager Starts at Maryville
Professionals looking to take their career to the next level may find that earning an advanced degree, such as Maryville University’s online Master of Arts in Management and Leadership , can help them achieve their goal. This dynamic program is designed to provide students with a strong foundation in business while developing their problem-solving, critical-thinking, and leadership skills. The curriculum includes classes in business ethics, project management, leadership, and management policies as well as courses for specialized concentrations.
Are you ready to take the first brave step toward a career as a business development manager? Learn how Maryville’s online Master of Arts in Management and Leadership program can help prepare you for the job you want.
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Betterteam, Business Development Manager Forbes , “New to Business Development? 10 Hot Industries to Join Right Now” Houston Chronicle , “Difference Between a Business Development Manager & a Sales Manager”
Indeed, Learn About Being a Business Development Manager
PayScale, Average Business Development Manager Salary
Robert Half, Business Development Manager Job Description Guide
U.S. Bureau of Labor Statistics, Sales Managers
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Organizational Development Manager
Members may download one copy of our sample forms and templates for your personal use within your organization. Please note that all such forms and policies should be reviewed by your legal counsel for compliance with applicable law, and should be modified to suit your organization’s culture, industry, and practices. Neither members nor non-members may reproduce such samples in any other way (e.g., to republish in a book or use for a commercial purpose) without SHRM’s permission. To request permission for specific items, click on the “reuse permissions” button on the page where you find the item.
The Organizational Development Manager plans, develops, implements and administers development and training programs for company employees. The manager also acts as liaison and advisor to the organization's leadership and facilitates initiatives across the organization.
- Directs the needs assessment for training and staff development to enhance the effectiveness of employee performance in achieving the goals and objectives of the company.
- Identifies and incorporates best practices and lessons learned into program plans.
- Designs and develops HR training programs for management and employees.
- Develops learning activities, audio-visual materials, instructor guides and lesson plans.
- Reviews evaluations of training courses, objectives and accomplishments.
- Makes assessments of effectiveness of training in terms of employee accomplishments and performance.
- Trains employees on HR issues and practices. Presents course materials.
- Consults with management on performance, organizational and leadership matters. Conducts needs assessments to determine measures required to enhance employee job performance and overall company performance.
- Excellent verbal and written communication skills.
- Proven effective management skills.
- Proficient with Microsoft Office Suite or related software.
- Strong presentation skills.
- Adept with a variety of multimedia training platforms and methods.
- Ability to evaluate and research training options and alternatives.
Education and Experience:
- Bachelor's degree in training and development or organizational development.
- Three years of training experience, and at least one year of management experience.
- Experience designing and implementing effective training and development programs.
- CPLP credential, preferred.
- SHRM Certified Professional (SHRM-CP) or Senior Certified Professional (SHRM-SCP) credential, preferred.
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at a time.
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Product Manager Job Description Betterteam at All_6
Need some ideas? You better search it!
Product Manager Job Description Betterteam . In terms of compensation, the base salary for a product management position ranges greatly depending on position, region and industry. A product manager is typically responsible for:
Product managers are responsible for developing products for a company or organization. Preparing budgets, allocating resources, and delegating tasks. The sample job description shown below highlights major duties, tasks, and responsibilities that usually make up the work software product managers carry out daily.
Product Manager Job Description template Templates at
Gathering product data, including web. Preparing budgets, allocating resources, and delegating tasks. They’re also tasked with creating an effective business strategy, creating. Using market research to get ideas for.
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Business Development Manager Job Description Betterteam
Responsibilities Assessing and identifying new opportunities for growth in current and prospective markets Establishing the company s goals and objectives Recruiting and training new employees Performing regular employee evaluations to determine areas of improvement Designing business strategies and plans to meet the company goals Sales Job Descriptions Business Development Director Job Description By Paul Peters Updated Apr 19 2021 Business development directors help companies to increase profitability by identifying business opportunities growing and enhancing a company s presence on the market and building relationships with customers vendors and distributors
Proficiency in all Microsoft Office applications The ability to travel as needed The ability to work in a fast paced environment Excellent analytical problem solving and management skills Exceptional negotiation and decision making skills Effective communication skills Strong business acumen Detail oriented A Business Development Manager is a professional who is responsible for the growth of their department They work with their sales team to develop mutually beneficial proposals negotiate contract terms and communicate effectively with stakeholders 415 834 Hiring for this role Post this job for free or Looking for your next dream job
Business Development Executive Job Description Template We are looking for a resilient empathic business development executive to contribute to the growth of our company An average salary expectation for a business development manager ranges around 67 801 per year based on close to 10 600 reported salaries The salary can range from 14 000 on the low range to 177 000 on the higher range A business development manager also has an average profit sharing of 10 000 a year
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Your company needs a thorough business development manager job description to find and hire the right person for the job An effective posting is thorough concise and engaging It provides an introduction to your company and the open position Candidates should gain a clear understanding of the role and know whether their qualifications make Business development managers BDMs supervise business development representatives and generate company revenue through maintaining customer relationships Here s what to know about a business development manager s needed skills salary and how to become one What Is a Business Development Manager
Responsibilities Conduct high level industry research to develop effective sales solutions Promote the company s products or services to prospective clients Participate in collaborative business Business development managers are hired to grow an existing business by finding new and relevant opportunities They develop an attainable business development strategy often focused on financial gain for the company and arrange business development meetings with prospective clients
Business Development Manager Job Description Betterteam - Business Development Executive Job Description Template We are looking for a resilient empathic business development executive to contribute to the growth of our company