Business Development Manager

Job description tells you about what to be done at your workplace, but in reality it's not just task and more than that; where you will learn and integrate.

The attached picture shows that cycle and for your understanding.

Description

The position of Business Development Manager is often found in a CRO company whose function it is to develop and generate new business opportunities. The main responsibility of a Business Development Manager is to manage, support, and supervise the business development department. This department is responsible for the acquisition of new projects and project bids. In the pharmaceutical field the business development department mainly supports management by providing analysis for evaluating new business opportunities such as in/out licensing, collaborative research and development agreements, joint ventures, mergers and acquisitions.

Qualifications

A candidate for a Business Development position requires BA/BS in a related discipline and extensive experience in a relevant field.

Competencies

•         Initiate marketing strategies and coordinate actions to influence the market
•         Clarify goals and reach agreement maintaining the interests of all parties
•         Proactively develops and improve products and services
•         Ability to discuss strategic and sensitive issues
•         Understands clients' needs
•         Build and maintain excellent relationships with colleagues and clients

Tasks

•         Set sales targets and define strategy to achieve these targets and to follow the set strategy punctually
•         Manage the proposal development process and maintain the time-lines for the proposal teams
•         Coordinate with sponsors concerning size, standards, conditions and timing of research
•         Develop draft proposals based on team meetings and discussions
•         Maintain the Business Development databases
•         Support marketing activities, including trade/ scientific shows, mailings, etc.