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Business Development Manager Job Description Template

Job brief

We are looking for a Business Development Manager who can oversee the business development work for our company.

You will set business goals, modify and develop new strategies for the company as well as oversee the employee’s work to achieve the goals.

To be the ideal candidate you should be an adequate leader with complete knowledge of business best policies. It will help you in guiding the employees, enhance their abilities and upgrade the results.

You will be required to develop and maintain long term business relations with the potential clients. You should be well versed with the current trends and marketing methods.

Ultimately, to be a successful Business Development Manager’s you should be capable of increasing the profitability of the organization’s business under your leadership.

You will have to answer customer queries, assist them, and educate them about the products and services offered.

The ideal candidate must have a good professional appearance. He/She must exhibit qualities like good management skills, organization skills, and mathematical skills.

Responsibilities

  • Determine the business opportunities and set goals for the organization.
  • Develop and implement business strategies to maximize profit and achieve the goals.
  • Be updated with the market trends, policies and discover advanced investment opportunities.
  • Supervise the work of office employees and train them as and when needed to enhance their efficiency.
  • Ensure the availability of the adequate resources.
  • Develop good relations with the customers and business partners.
  • Understand the needs and requirements of the clients.
  • Oversee the negotiation process with the clients and ensure their satisfaction.
  • Conduct client meetings from time to time and describe the organization’s policies clearly.
  • Discuss the changes in the policies and procedures with all the employees to keep them updated.
  • Keep updating the strategies of the organization according to the upcoming laws and legal procedures.
  • Estimate and study the overall performance of the organization

Requirements and skills

  • Bachelor’s degree in marketing, business and other related courses.
  • Proven experience as Business manager or other relatable roles.
  • Extra-ordinary verbal communication skills.
  • Deep understanding of the business policies and strategies.
  • Understanding of data analysis techniques and research methods.
  • Proficiency in MS Office, Outlook, PowerPoint, database, etc.
  • Leadership qualities, organizational skills and ability to prioritize work.
  • Good work ethics, problem solving skills and networking skills.
  • Ability to provide exceptional customer services.

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Frequently asked questions

Salaries depend on location and years of experience involved. But on an average a Business Development Manager on an entry-level earn about Rs. 500,000 in India and $88,000 in the US per year.

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Business Development Manager Top Skills :

  • Communication Skills: A Business development manager has to communicate with the stakeholders of the project. The candidate is also required to communicate with potential clients to engage new clients. So to do these tasks efficiently you must have good communication skills and interpersonal skills.
  • Negotiation skills: The candidate needs to know when to take a stand and when to compromise on the company’s terms while making a deal. To persuade the company’s prospective you must know how to convince your clients.
  • Project Management: Business Development Manager duties involve planning, setting goals, managing multiple projects, and overseeing the complete development cycle of a project.
  • Computer skills: There is immense growth in the use of technologies and the role of IT in every department. Basic computer skills are therefore essential for every employee for the benefit of the organization.
  • Business Knowledge: Having a good understanding of the company’s products and business services is important. Something that’s more important is having complete knowledge of the competition in the market and their business strategies.

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