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.
