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Business Development Manager

0-2 Years

This job is no longer accepting applications

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  • Posted 27 months ago

Job Description

  • Business development managers are concerned with improving and growing a business, by establishing and developing relationships with customers, suppliers and other partners
  • As a business development manager you ll identify new business opportunities in order to generate revenue, improve profitability and help the business grow
  • Your work can involve careful strategic planning and positioning in the appropriate markets, or enhancing the operation of the business, position or reputation in some way
  • You may have a single role in the organisation or lead a team of staff
  • Your work will often reach across all areas of the business

Your responsibilities will include -
  • research and identify new business opportunities - including new markets, growth areas, trends, customers, partnerships, products and services - or new ways of reaching existing markets
  • seek out the appropriate contact in an organisation
  • generate leads and cold call prospective customers
  • meet with customers/clients face to face or over the phone
  • foster and develop relationships with customers/clients
  • understand the needs of your customers and be able to respond effectively with a plan of how to meet these
  • think strategically - seeing the bigger picture and setting aims and objectives in order to develop and improve the business
  • work strategically - carrying out necessary planning in order to implement operational changes
  • draw up client contracts - depending on the size of company, this task may be completed by someone else or agreements may not be as formal
  • have a good understanding of the businesses products or services and be able to advise others about them
  • ensure staff are on board throughout the organisation, and understand the need for change and what is required of them
  • train members of your team, arranging external training where appropriate
  • discuss promotional strategy and activities with the marketing department
  • liaise with the finance team, warehousing and logistics departments as appropriate
  • seek ways of improving the way the business operates
  • attend seminars, conferences and events where appropriate
  • keep abreast of trends and changes in the business world.
What to expect:
  • You ll work in an office environment, but will frequently travel within the day for face-to-face meetings with customers and other business partners.
  • It can be challenging trying to create new business opportunities, in addition to the constant pressure of meeting or exceeding targets. However, business development is quite a creative role and can be very satisfying.
  • You may have the responsibility of managing a team and their output.
  • You ll be expected to dress smartly, especially for meetings, though slightly more relaxed business casual attire may be acceptable at other times.
  • Depending on the type of business, overnight or overseas travel may be required.
Qualifications

  • A degree is not essential for this role and some business development managers work their way up through an organisation, gaining experience in a sales or marketing role and undertaking work-based training
  • Another increasingly common route into business development management is through an apprenticeship, combining work with part-time study
  • Apprenticeships are available at various levels, including degree-level
  • As its a competitive role with good prospects, many entrants do have a degree, and a degree is essential if you wish to apply for a place on a graduate training scheme
  • Degrees in business development or business management are the most relevant

Other relevant subjects include:

  • accountancy
  • business studies
  • economics
  • finance
  • international relations
  • marketing.
  • A postgraduate degree is not a requirement for this career
  • It also possible to move into a business development manager role from related jobs such as commercial manager, account manager, sales executive, business development executive and sales manager

Your Tool-belt:
  • tenacity and drive to seek new business and meet or exceed targets
  • an excellent telephone manner for making initial contact and for ongoing communication with customers and business associates
  • interpersonal skills for building and developing relationships with clients
  • written and verbal communication skills - needed for communicating with a range of people, both internally and externally, as well as presentation skills
  • IT skills, including the use of spreadsheets
  • teamworking skills and a collaborative approach to work
  • decision-making skills
  • the ability to multitask and prioritise your workload
  • project management and organisational skills
  • the ability to motivate yourself and set your own goals
  • negotiating skills
  • the ability to think strategically
  • the ability to analyse sales figures and write reports
  • a flexible approach to work with the ability to adapt to a fast-paced, ever-changing environment
  • initiative and the confidence to start things from scratch.
Types of business management:

Business development can be applied to almost all types of business, but you may choose to specialise in a certain sector, such as:

  • construction
  • education
  • finance
  • healthcare
  • IT
  • manufacturing
  • telecommunications.

Alternatively, you may work across many different businesses, but with a specific focus on either:

  • B2B (business to business)
  • B2C (business to consumer).
Benefits:
  • Competitive salary and perks
  • End-to-end Product Development (from idea to execution)
  • Convenient office location and open office culture
  • Opportunity to make contributions to open-source
  • Nurturing and supportive environment that fosters development and growth

More Info

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About Company

Job ID: 66190727