Work of business development manager

As a Strategic Business Development manager, you will be focused on driving Application Acceleration business using FPGAs in cloud and enterprise datacenters and research institutions. In this position you will need to uncover the application acceleration needs of end customers in areas such as HPC, financial services, and blockchain, and work with many groups across the company to develop a One Intel strategy to infiltrate these exciting and growing markets. Responsibilities include creating cross-functional multi-year strategic plans, establishing go to market strategies, developing statements of work, cultivating relationships with third parties, and other business functions as necessary to achieve growth in this important segment. Qualifications You must possess the minimum qualifications to be initially considered for this position.

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Business Development Manager - 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. Business development can be applied to almost all types of business, but you may choose to specialise in a certain sector, such as:. Alternatively, you may work across many different businesses, but with a specific focus on either:.

Salaries are affected by regional variances, and pay is generally higher in London and the South East. The sector you work in is also a determining factor. It's common for bonuses to be paid and these can be very large, sometimes matching your annual salary.

Some jobs will be advertised with 'uncapped commission'. Jobs are often advertised with a basic salary and a higher on-target earnings OTE figure. Other benefits may include a pension, healthcare scheme membership and company car. You'll usually work a regular 9am to 5pm, Monday to Friday week, though you may on occasion have to work longer to meet a project deadline or when attending an event or conference.

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 it's 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:. It's 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.

There may be opportunities on your degree to take a year out in industry or to do a shorter work placement. If your course doesn't include a placement, try contacting local businesses to ask for work experience opportunities.

Part-time or vacation work in a business that has a focus on business development and management is particularly useful, but any experience gained within sales, marketing or business administration will be good for your CV and skill set. It will also show future employers that you're serious about your career choice. Find out more about the different kinds of work experience and internships that are available. Business development managers are employed across the public, private and charity sectors, in all types of businesses and organisations.

Employers tend to be larger companies that can dedicate time and resources towards developing their business. In smaller companies, business development is usually carried out as a smaller function within a broader mix of responsibilities. As well as sector specific job websites, national newspapers and general online job boards and job websites also advertise vacancies.

Check the jobs pages of the websites of any companies and organisations you're interested in, as current vacancies will usually be advertised there. Recruitment agencies such as Reed and Michael Page also advertise business development manager jobs.

Business development is a broad field, so there are many ways in which you can shape and develop your career according to your interests and ambition. Much of your training will be on the job but there are also a huge number of relevant courses available, such as Level 2 and Level 3 courses in business principles, sales and marketing and sales management.

The ILM Institute of Leadership and Management has details of a range of relevant business, management and leadership qualifications and apprenticeships. Other qualifications, networking opportunities, information, support and career guidance are available through membership of professional bodies, such as:.

It's possible to switch between employers and sectors, perhaps specialising further, or moving to a larger organisation with a broader remit or international connections. Ultimately, progression will be determined by your personal drive and aims. There's no specific structure, but you'll find many opportunities for gaining increased responsibility and, with it, an increase in salary.

Business management is carried out across many sectors, in most towns and cities and within many different types of organisation. As a result, there are many possibilities for career development.

You could choose to specialise in a particular sector, such as IT or healthcare, or in a particular area such as sales or marketing. You may progress to the role of senior business development manager, perhaps being responsible for a bigger team or department, with higher targets. With enough experience, you could reach director level. Working overseas is possible if you work for an international company.

You may have the option of travelling and working for short periods in the overseas divisions of your company, or you could apply for a permanent overseas transfer or to a new company.

There are also opportunities to move into consultancy work, providing advice to a range of companies. You may also consider setting up your own business development consultancy. Jobs and work experience Search graduate jobs Job profiles Work experience and internships Employer profiles What job would suit me? Job sectors Apprenticeships Working abroad Gap year Self-employment.

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View all business, consulting and management vacancies. Add to favourites. 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. 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.

Working hours You'll usually work a regular 9am to 5pm, Monday to Friday week, though you may on occasion have to work longer to meet a project deadline or when attending an event or conference. Flexible working and working from home may be possible. 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. Other relevant subjects include: accountancy business studies economics finance international relations marketing.

A postgraduate degree is not a requirement for this career. Skills You'll need to have: 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.

The ability to speak a foreign language is an asset if you're dealing with overseas clients. A full driving licence is a requirement for many roles. Work experience Work experience is important and can in some cases lead to permanent employment. Employers Business development managers are employed across the public, private and charity sectors, in all types of businesses and organisations. Common types of employers include: banks and other financial institutions education institutions IT companies manufacturing firms, and any business involved in the sales of products or services pharmaceutical companies telecommunications and technology firms the NHS and other healthcare providers.

Professional development Business development is a broad field, so there are many ways in which you can shape and develop your career according to your interests and ambition. Other qualifications, networking opportunities, information, support and career guidance are available through membership of professional bodies, such as: Institute of Sales Management ISM The Chartered Institute of Marketing CIM It's possible to switch between employers and sectors, perhaps specialising further, or moving to a larger organisation with a broader remit or international connections.

Career prospects Business management is carried out across many sectors, in most towns and cities and within many different types of organisation. How would you rate this page? On a scale where 1 is dislike and 5 is like Something went wrong. Please try again. Tell us why Do not fill this in.


How to Become a Business Development Manager Known for Breaking Into Any Account

At Wise our strategy emerges from the collective brainpower of all our people, who are organised in dozens of independent, autonomous teams. Teams stay closest to our customers, so they choose what problems to solve and where to spend the most time. Plus the opportunity to see the direct impact of your work on our customers. In practise, this means working in autonomous teams. Working this way helps us move at speed and achieve our mission faster. Or quickly.

Oftentimes, the role of a business development manager may be confused with that of the sales development manager, or even marketing roles.

ASEAN Business Development Manager

A business development manager works in strategic planning, sales management, and prospecting for new clients to help grow an organization. Business development is crucial to the growth of an organization. In sales lingo, they help move people from the top of the sales funnel to the goal of being a signed customer. The business development role uses many business skills, including strategic planning, project management, and successful negotiation. While the role will vary depending on the company and the industry, you might expect your tasks to include:. Keeping up with the latest industry developments, including market positioning of corporate competitors. Using customer relationship management CRM software, such as Salesforce, to manage interactions. Successful business development managers often move into more senior business development and sales management roles. A career as a business development manager is good for someone who is outgoing, interested in sales strategies, and enjoys working with people.

Business Development Manager Job Description Sample

work of business development manager

Are you a relationship builder? Would you describe yourself as being customer driven with deep experience in managing end to end sales funnels and driving accountability for sales targets? D o you have experience identifying, building and managing partnerships? Does the prospect of supporting the development of a large-scale, highly innovative enterprise excite you? Would you say you are comfortable with numbers and are able to make data driven decisions?

The primary objective of a Business Development Manager is to bring on board new customers.

Business Development

Location London. Contract Permanent. This role offers a great opportunity to work in a smaller law firm where you can really make a difference. The preferred candidate will have a deep knowledge of the UK real estate market as well as having worked in a law firm previously. You should also be creative in you thinking and have gravitas. This is a demanding role that requires a highly focused and organised individual to work closely with a cohesive group of Partners.

Business Development Manager Responsibilities

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Business Development Manager Career Paths ; Director Of Sales. Senior Sales Director. 11 yrs ; Director Of SalesSales Vice President. Executive Vice President Of.

Business Development Manager - APAC

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Business Development Manager Job Description: Top Duties and Qualifications

RELATED VIDEO: What Does a Business Development Manager Do?

Ready for the next step in your career? Then apply now! Are you looking for a 2nd or 3rd career step then this is the job for you! This part of DSV Road is driven by new customer opportunities.

What impact will you make? At Deloitte, we offer a unique and exceptional career experience to inspire and empower talents like you to make an impact that matters for our clients, people and community.

A Day in the Life: Business Development Manager

LaSalle Network has partnered with one of the most recognizable CPG companies in the country in search of a Business Development Manager to add to their Chicago office. Relocation assistance is offered for out of office candidates willing to make a move. Our client is well known for their iconic food brands in the retail space. As a Business Development Manager , you will be responsible for plan management, strategic growth, and the development sales goals for assigned brands within the retail portfolio. Business Development Manager Responsibilities:. Business Development Manager Requirements:.

It looks like you already have created an account in GreatLearning with email. Would you like to link your Google account? A Business Development Manager develops and executes business development strategies. Often, they are required to work with sales and marketing departments to implement business strategies.

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