Business Development Manager

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 and manages stakeholders. He/she is motivated and detailed at work, able to manage difficult problems in a changing business environment.

Responsibilities

• 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.

EDUCATION

• Degree in Economics, Business Administration or Business Management or equivalent

SKILLS, KNOWLEDGE, AND RELEVANT EXPERIENCE

• Minimum 10 years of business development experience with at least 3 years in a managerial role in a sizeable company in the consumer or engineering industry.
• Pleasant, eloquent with excellent communication skills.
• Strong business acumen to partner with the sales/commercial teams to drive business profitability.
• Team player.
• Good with numbers.