Business Development Manager 16N25

A Business Development Manager is a vital part of an organization, tasked with the critical role of driving business growth and enhancing the company's market position. This role involves identifying new business opportunities, building relationships with prospective clients, and working closely with various departments within the organization to ensure the successful implementation of business strategies. The ideal candidate possesses a strategic mindset, superior communication skills, and in-depth industry knowledge. This position requires a proactive and motivated individual who can analyze market trends, understand client needs, and create innovative strategies to both expand the company's client base and improve overall profitability. The Business Development Manager plays a crucial role in the success and sustainability of the organization by ensuring the company not only meets its clients' current needs but also anticipates and prepares for future trends and changes in the market.

Responsibilities

• Identify and develop new business opportunities in growing industries or markets.
• Manage and enhance relationships with existing clients to maximize satisfaction and retention.
• Collaborate with internal teams to develop and implement strategic sales plans.
• Conduct market research to identify new trends and business prospects.
• Prepare and present proposals and business plans to senior management and stakeholders.
• Negotiate contracts with potential clients to ensure beneficial outcomes for the organization.
• Work alongside marketing teams to strategize comprehensive brand and communication plans.
• Track and report on the status of proposal components using financial modeling and projections.
• Attend conferences and networking events to promote the company and its services.
• Analyze sales data to improve sales strategy and generate revenue growth.
• Provide feedback to relevant departments on client requirements and market conditions.
• Manage budget allocations effectively to achieve business goals and objectives.

Requirements

• Bachelor’s degree in Business Administration, Marketing, or related field is required.
• Proven track record in business development and achieving financial targets.
• Excellent negotiation, communication, and presentation skills are essential.
• Strong analytical skills to assess market trends and business opportunities.
• Demonstrated ability to manage complex projects and meet deadlines successfully.
• Experience working with cross-functional teams to achieve organizational objectives.
• Proficiency with CRM software and Microsoft Office suite, particularly Excel and PowerPoint.