Business Development Manager
10 hours ago
Duties & Responsibilities of a Business Development Manager
1. Business Strategy and Planning
Duties:
Develop and implement s..
Duties & Responsibilities of a Business Development Manager
1. Business Strategy and Planning
- Duties:
- Develop and implement strategic business development plans to achieve company growth objectives.
- Identify and evaluate market trends, industry developments, and opportunities for expansion.
- Collaborate with senior management to align business strategies with the company's vision.
- Skills Required:
- Strategic planning and analytical skills.
- Market research and trend analysis.
- Strong communication and presentation abilities.
2. Client Relationship Management
- Duties:
- Establish and maintain strong relationships with key clients, contractors, and consultants.
- Act as the primary point of contact for potential and existing clients.
- Ensure client satisfaction by addressing concerns and providing solutions.
- Skills Required:
- Excellent interpersonal and negotiation skills.
- Customer relationship management (CRM) expertise.
- Problem-solving capabilities.
3. Tendering and Proposal Development
- Duties:
- Lead the preparation of tender submissions and proposals for construction projects.
- Coordinate with internal teams to gather technical and financial inputs.
- Present proposals to clients and negotiate terms and conditions.
- Skills Required:
- Proficiency in tendering processes and proposal writing.
- Knowledge of construction project lifecycle and pricing models.
- Detail-oriented with strong organizational skills.
4. Networking and Partnerships
- Duties:
- Build strategic alliances with industry stakeholders, including suppliers, subcontractors, and government agencies.
- Represent the company at industry events, seminars, and trade shows.
- Seek joint ventures or partnerships for large-scale projects.
- Skills Required:
- Networking and stakeholder engagement skills.
- Familiarity with Singapore’s construction industry ecosystem.
- Persuasive and outgoing personality.
5. Market and Competitor Analysis
- Duties:
- Conduct market research to understand competitors' strengths and weaknesses.
- Identify emerging markets and assess their potential for the company’s services.
- Provide regular reports and recommendations to management.
- Skills Required:
- Data analysis and reporting.
- Critical thinking and decision-making skills.
- Proficiency in market analysis tools.
6. Contract Negotiation and Management
- Duties:
- Negotiate contracts and terms with clients and subcontractors.
- Ensure compliance with Singapore’s construction regulations and standards.
- Monitor the execution of contracts to ensure deliverables are met.
- Skills Required:
- Strong negotiation and contract management skills.
- Knowledge of legal and regulatory frameworks in Singapore.
- Risk assessment and mitigation expertise.
7. Team Leadership and Coordination
- Duties:
- Lead and mentor the business development team to meet performance goals.
- Facilitate effective communication between different departments (e.g., operations, finance, and marketing).
- Foster a collaborative and high-performance culture.
- Skills Required:
- Leadership and team management.
- Conflict resolution and motivational skills.
- Time management and prioritization.
8. Financial and Budgetary Oversight
- Duties:
- Develop and manage budgets for business development activities.
- Analyze project feasibility and profitability.
- Work with finance teams to ensure cost-effectiveness in proposals.
- Skills Required:
- Financial planning and management.
- Business acumen and cost analysis.
- Proficiency in financial modelling tools.
Key Qualifications and Experience
- Education: Master’s degree in business management or equivalent is the minimum requirement of qualification with bachelor’s degree in business administration, commerce, finance or related fields preferably.
- Experience: 3-5 years of relevant experience in managerial position, business development and preferably in the construction or manufacturing industry.
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