BUSINESS DEVELOPMENT MANAGER

Job Title

BUSINESS MANAGER

Occupation

BUSINESS DEVELOPMENT MANAGER

Job Description & Requirements

The Business Development Manager leads the organisation's business development strategies by seeking new business partners. He/She also improves current businesses and finds new ones. He/She is updated on current market conditions.

He/She also works with regional teams to understand the latest business trends. He/She maintains good relationships with business partners. He/She manages stakeholders. He/She is motivated and detailed at work. He/She is able to manage difficult problems in a changing business environment.

Assess gaps and opportunities based on stakeholder feedback to improve business processes.

Build good relationships with industry players.

Carry out recruitment and retention efforts for the department.

Develop business development plans that follow business development strategies.

Develop business reports on new revenue streams, improved products and new businesses.

Develop measures to ensure corporate regulations are followed.

Develop new business proposals based on market demand.

Develop new product service offerings to meet market demands.

Develop plans to use new technologies for business processes.

Engage with business partners, suppliers and vendors for new business agreements.

Obtain insights from business network on developments in product offerings and production.

Propose department's financial budget for management approval.

Provide on-the-job training and performance evaluation for staff.

Review business development with stakeholders.

Review regulatory restrictions on new business ventures.

Review risk assessment and financial modelling of new business ventures.

Review targets and goals across teams.

Support stakeholder engagement sessions for new portfolios.

Use business network and support knowledge sharing sessions to explore new business opportunities.

Work with stakeholders to review gaps and opportunities in businesses.