Head of Business Development (225-911)

The Head of Business Development is a strategic leadership role responsible for driving the growth and expansion of a company's business operations. This position involves identifying and securing new business opportunities, fostering partnerships, and developing strategies to increase revenue and market presence. The successful candidate will possess exceptional skills in relationship-building, negotiation, and strategic planning, enabling them to effectively lead a team and collaborate with other departments to achieve the company's goals. The role requires a visionary mindset, with the ability to anticipate market trends and translate them into actionable business strategies. The Head of Business Development must have a proven track record in sales and business development, coupled with the ability to inspire and guide a team towards achieving ambitious targets.

Responsibilities

• Develop and implement comprehensive business development strategies to achieve growth objectives.
• Identify, evaluate, and secure new business opportunities and strategic partnerships.
• Lead and mentor a team of business development professionals towards achieving targets.
• Collaborate with cross-functional teams to align business development efforts with company goals.
• Conduct thorough market research to identify emerging trends and competitive landscape.
• Oversee the negotiation and closing of high-value deals with potential partners or clients.
• Establish and maintain strong relationships with key clients and industry stakeholders.
• Prepare and present regular reports on business development activities and progress.
• Ensure alignment of sales strategies with marketing and product development initiatives.
• Develop and manage the business development budget, tracking expenditures and ROI.
• Represent the company at industry events, conferences, and networking opportunities.
• Continuously assess and refine business development processes for efficiency and effectiveness.

Requirements

• Bachelor's degree in Business Administration, Marketing, or a related field is required.
• Minimum of 7 years of experience in business development or sales leadership roles.
• Proven track record of successfully driving business growth and achieving revenue targets.
• Strong negotiation, communication, and interpersonal skills are crucial for success.
• Demonstrated ability to build and maintain strategic partnerships and relationships.
• Experience in leading and managing a high-performing business development team.
• Familiarity with market research, sales forecasting, and financial analysis.