Business Development Manager (225-806)

The Business Development Manager plays a pivotal role in driving the growth and expansion of a company. This role requires the ability to develop new business opportunities, enhance the organization's market presence, and foster long-term client relationships. The Business Development Manager is responsible for identifying potential business prospects, engaging with key stakeholders, and understanding market trends to tailor strategies for business growth. The position demands exceptional strategic thinking, communication, and negotiation skills to convert potential leads into loyal customers. Working closely with other departments, the Business Development Manager ensures that the company’s goals align with client needs and successfully implements business strategies to meet corporate objectives.

Responsibilities

• Identify new business opportunities and clients through research and networking.
• Develop and implement strategic plans to drive business growth and profitability.
• Build and maintain strong relationships with key industry partners and stakeholders.
• Analyze market trends to identify challenges and growth opportunities for the business.
• Lead negotiations with potential partners and clients to secure profitable collaborations.
• Coordinate with internal teams to ensure seamless execution of business strategies.
• Prepare detailed business plans and forecasts to present to senior management.
• Develop and manage budgets linked to business development activities and initiatives.
• Attend industry conferences and events to promote the company and generate leads.
• Regularly report on business development activities and forecast for management review.
• Train and mentor subordinates and new team members in business development practices.
• Ensure compliance with legal and regulatory requirements in business development activities.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or a related field.
• Minimum of five years experience in business development or sales environments.
• Proven track record of achieving business targets and revenue growth objectives.
• Strong interpersonal skills with the ability to build relations at all organizational levels.
• Exceptional communication and negotiation skills to engage with diverse clients and partners.
• Ability to analyze and interpret market trends and financial data effectively.
• Willingness to travel and work flexible hours as per business requirements.