Business Development Director Job Description Template
The Business Development Director will be responsible for leading the development of new business opportunities for the company. He/she will work closely with the CEO and other members of the executive team to identify and assess new business opportunities, and develop strategies and plans to pursue those opportunities. The Business Development Director will also be responsible for building and maintaining relationships with key partners and customers.
Business Development Director Job Responsibilities
- Identify new business opportunities by researching industry and related events, publications, and announcements; tracking individual contributors and their accomplishments; identifying opportunities through lead generation.
- Develop relationships with key decisionmakers in target accounts; understand the customer's needs and requirements; develop creative approaches to solve customers' problems.
- Work with internal teams to create sales collateral, product demonstrations, presentations, website content, and other materials as needed.
- Stay upto-date on industry trends, competitive landscape, and company news; communicate findings to internal stakeholders.
- Plan and execute accountbased marketing campaigns in collaboration with sales leadership; track results and ROI of campaigns.
- Serve as a subject matter expert on company products/services; provide input on market trends and customer feedback to help shape product strategy.
Objectives
- To increase market share for the company through new business development.
- To develop and implement strategies to penetrate new markets and grow existing ones.
- To lead and manage a team of Business Development Managers in achieving targets.
- To formulate policies and procedures related to business development activities.
- To establish and maintain relationships with key customers, partners, and opinion leaders.
Business Development Director Job Skills & Qualifications Needed
- A business development director typically needs a bachelor's degree in business, marketing, or a related field. Many organizations also prefer candidates with a master's degree in business administration (MBA). Additionally, employers usually require several years of experience in sales, marketing, or another relevant field. Strong communication, interpersonal, and analytical skills are essential for this role.