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A Head of Business Development works to improve an organization’s market position and achieve financial growth. This person defines long-term organizational strategic goals, builds key customer relationships, identifies business opportunities, negotiates and closes business deals and maintains extensive knowledge of current market conditions. Business Development Managers work in a senior sales position within the company. It is their job to work with the internal team, marketing staff, and other managers to increase sales opportunities and thereby maximize revenue for their organization. To achieve this, they need to find potential new customers, present to them, ultimately convert them into clients, and continue to grow business in the future. Business Development Managers will also help manage existing clients and ensure they stay satisfied and positive. They call on clients, often being required to make presentations on solutions and services that meet or predict their clients’ future needs. Job Description The primary role of the Business Development Manager is to prospect for new clients by networking, cold calling, advertising or other means of generating interest from potential clients. They must then plan persuasive approaches and pitches that will convince potential clients to do business with the company. They must develop a rapport with new clients, and set targets for sales and provide support that will continually improve the relationship. They are also required to grow and retain existing accounts by presenting new solutions and services to clients. Business Development Managers work with mid and senior level management, marketing, and technical staff. He/she may manage the activities of others responsible for developing business for the company. Strategic planning is a key part of this job description, since it is the business manager’s responsibility to develop the pipeline of new business coming into the company. This requires a thorough knowledge of the market, the solutions/services the company can provide, and of the company’s competitors. While the exact responsibilities will vary from company to company, the main duties of the Business Development Manager can be summarized as follows: New Business Development o Prospect for potential new clients and turn this into increased business. o Cold call as appropriate within your market or geographic area to ensure a robust pipeline of opportunities. o Meet potential clients by growing, maintaining, and leveraging your network. o Identify potential clients, and the decision makers within the client organization. o Research and build relationships with new clients. o Set up meetings between client decision makers and company’s practice leaders/Principals. o Plan approaches and pitches. o Work with team to develop proposals that speaks to the client’s needs, concerns, and objectives. o Participate in pricing the solution/service. o Handle objections by clarifying, emphasizing agreements and working through differences to a positive conclusion. o Use a variety of styles to persuade or negotiate appropriately. o Present an image that mirrors that of the client. Client Retention o Present new products and services and enhance existing relationships. o Work with technical staff and other internal colleagues to meet customer needs. o Arrange and participate in internal and external client debriefs. Business Development Planning o Attend industry functions, such as association events and conferences, and provide feedback and information on market and creative trends. o Present to and consult with mid and senior level management on business trends with a view to developing new services, products, and distribution channels. o Identify opportunities for campaigns, services, and distribution channels that will lead to an increase in sales. o Using knowledge of the market and competitors, identify and develop the company’s unique selling propositions and differentiators. o Create a sales and marketing team to enhance and support the business development activities. Management and Research o Submit weekly progress reports and ensure data is accurate. o Ensure that data is accurately entered and managed within the company’s CRM or other sales management system. o Forecast sales targets and ensure they are met by the team. o Track and record activity on accounts and help to close deals to meet these targets. o Work with marketing staff to ensure that prerequisites (like prequalification or getting on a vendor list) are fulfilled within a timely manner. o Ensure all team members represent the company in the best light. o Present business development training and mentoring to business developers and other internal staff. o Research and develop a thorough understanding of the company’s people and capabilities. o Understand the company’s goal and purpose so that will continual to enhance the company’s performance.
We are looking for an awesome sales guru & solutions specialist, adrenalin junky with a record breaking sales history in the technology space - Software or Hardware. Apply ONLY IF you are turned ‘ON’ by deal closures and are satisfied by beating (‘and not just meeting’) targets. Are you capable to be the catalyst of change that will transform the way businesses communicates and collaborates and will evolve to work in the future? This is a Cloud enterprise solutions sales position requiring a strong understanding of the ‘cloud phenomenon’ and Cloud innovative products and services. We offer the exhilaration representing innovative solutions and services for the enterprises in this emerging era. This position offers a rare opportunity to be in the driver’s seat of scaling a rapidly growing business. As a seasoned technology professional, reporting to the President of Cloud Solutions the VP of Business Development will lead and manage key portfolio definition initiatives to achieve revenue and customer goals.This position will have responsibility for total oversight and management of all key cloud solutions and will be responsible for the direction and management of all sales and business development operations, including market competitiveness, pricing, compensation, and distribution and channel strategy. The successful candidate will have extensive knowledge in areas of business development and sales and marketing within the Cloud industry.The ideal candidate will possess a unique blend of business, technical and strategic thinking and tactical execution. As an Executive team member you will participate in corporate planning, budget setting, and strategic direction including product & services, markets and channels. You will be responsible for implementing the corporate strategy to meet new Business targets for revenue growth through your effective management of the sales planning process for direct and indirect accounts. Specific accountabilities are as follows: Roles and Responsibilities: Develop sales strategies to support the organization’s growth strategy and objectives. Working on go-to-market strategy with executive leadership across Marketing, Product Management, Engineering, and Enterprise Sales. Provide leadership to direct sales team and rep network to ensure the achievement of sales revenue targets and profitability. Key member of the executive leadership team that leads this company through the next phase of 10x growth. Coordinate and manage weekly, monthly, quarterly and yearly one on one and team-wide pipeline reviews, meetings and training sessions to ensure ongoing improvement and best practice sharing Create and execute a team augmentation plan for Cloud Solutions Division. Hire, manage and develop a high-performing team of Solution managers. Direct the Solution management team accountable for the development and introduction of new solutions that increases revenue and market share. Identify and Develop in-house Top Talent in Cloud Solutions. Drives the entire sales process; lead and assigns team responsibilities for opportunity qualification and development, solution architecting, RFP/RFI proposal development and customer reviews, issues handling, negotiations and deal closure. Develop expansion plans for newer territories and geographies working closely with industry experts, Solution Specialists and Marketing and incorporating the broader go-to-market plans for successful implementation of the strategies. Analyze and report program performance; provide results and recommendations for improvement and new programs.
Strong, effective communicator in writing, presentations and interpersonal communications. Extraordinary attention to detail and ability to meet stringent deadlines. Financial services experience a strong preference. Experience of budgeting, reporting and analysis. Compensation Standard base salary + Attractive bonus