AGM-Business Development Job Description Template
The AGM-Business Development will play a critical role in the company's growth strategy. This position involves identifying new business opportunities, developing relationships with key stakeholders, and driving initiatives to achieve company objectives. The successful candidate will work closely with various departments to ensure alignment and successful execution of business development plans.
Responsibilities
- Identify and develop new business opportunities.
- Build and maintain relationships with key stakeholders and partners.
- Create and execute strategic plans to achieve growth targets.
- Analyze market trends and competitor activities to inform strategic decisions.
- Collaborate with internal teams to ensure alignment and support for business development initiatives.
- Prepare and present reports on business development activities and progress.
- Negotiate contracts and agreements with potential partners.
- Monitor and evaluate the effectiveness of business development strategies.
Qualifications
- Bachelor's degree in Business Administration, Marketing, or a related field.
- 5+ years of experience in business development, sales, or a related field.
- Proven track record of achieving growth targets.
- Strong leadership and strategic planning skills.
- Excellent communication and negotiation skills.
- Ability to analyze market trends and make data-driven decisions.
- Experience in managing and leading teams.
Skills
- Strategic Planning
- Market Analysis
- Relationship Building
- Negotiation
- Salesforce
- Microsoft Office
- Project Management
- Data Analysis
Frequently Asked Questions
An AGM-Business Development, or Assistant General Manager of Business Development, is responsible for leading initiatives to drive growth and expand market reach. They strategize business plans, identify new market opportunities, and collaborate with sales and marketing teams to increase company revenue. This role involves analyzing market trends, building client relationships, and developing proposals and presentations to attract potential leads.
To become an AGM-Business Development, candidates typically need a degree in business administration or a related field, along with substantial experience in sales or marketing. Leadership skills, strategic thinking, and a proven track record of successful business growth initiatives are crucial. Networking, professional development courses, and staying updated with industry trends can enhance one’s career prospects in this field.
The average salary for an AGM-Business Development can vary widely based on location, industry, and experience level. Typically, it includes base pay along with performance bonuses and incentives. Professionals in major industries or locations with high demand for business development roles may earn significantly more. Salary surveys and industry reports provide specific insights into remuneration packages for this position.
To qualify for an AGM-Business Development position, candidates usually need a bachelor's degree in business, sales, marketing, or a related field. However, many companies prefer candidates with an MBA or other relevant postgraduate qualifications. Practical experience in business development, leadership abilities, and excellent communication and negotiation skills are essential to excel in this role.
An AGM-Business Development needs to possess skills such as strategic planning, leadership, and the ability to foster partnerships. They must be adept at market research and data analysis, enabling them to make informed decisions. Key responsibilities include managing business proposals, engaging with stakeholders, and driving strategic initiatives to ensure organizational growth. Strong communication and negotiation skills are essential for liaising with clients and team members.