Business Development Manager (225-924)

The Business Development Manager plays a crucial role in the growth and expansion of an organization. This position is responsible for identifying potential business opportunities, building relationships, and driving revenue. The ideal candidate has a strategic mindset, excellent communication skills, and the ability to work collaboratively across various departments. As a key member of the leadership team, the Business Development Manager will be instrumental in shaping and executing business strategies that align with the company's goals. With an understanding of market trends and competitor activities, the candidate should be proactive in identifying new markets and customer needs. The role demands a dynamic individual who can translate business ideas into sustainable practices, driving business results while fostering a culture of innovation and excellence.

Responsibilities

• Identify and develop new business opportunities to increase company revenue.
• Build and maintain strong relationships with clients and industry partners.
• Collaborate with marketing and sales teams to develop strategic initiatives.
• Analyze market trends and competitor activities to inform business decisions.
• Create and present detailed business strategies and plans to stakeholders.
• Lead negotiations and finalize contracts with clients and vendors.
• Monitor and evaluate the effectiveness of business development strategies.
• Coordinate with other departments to ensure alignment with overall business goals.
• Develop and manage the budget for business development activities.
• Report regularly on business development progress and challenges to senior management.
• Brainstorm and implement innovative ways to expand market reach.
• Stay updated with industry trends and regulatory changes affecting the business.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• At least 3-5 years of experience in business development or sales roles.
• Proven track record of achieving and exceeding sales targets.
• Excellent interpersonal and communication skills, both verbal and written.
• Strong analytical skills with the ability to interpret data and trends.
• Proficiency in Microsoft Office applications and CRM software.
• Ability to travel as needed to attend meetings and industry events.
• Demonstrated leadership skills with the ability to motivate teams.
• Strong negotiation skills and the ability to close deals effectively.