Business Development Manager

Job description / Role

Responsibilities

- Conduct thorough market research to identify trends, opportunities, and potential areas for business expansion. Analyze market data and competitor activity to make informed business decisions.
- Identify and evaluate potential business opportunities, partnerships, alliances, and joint ventures that align with the company's strategic goals and objectives.
- Develop and execute comprehensive business plans that outline strategies for penetrating new markets, launching new products or services, and increasing revenue streams.
- Build and maintain relationships with key partners, stakeholders, industry influencers, and potential clients to foster collaboration and generate business growth.
- Lead sales and negotiation efforts to secure new business contracts, deals, and partnerships. Collaborate with the sales team to close deals effectively.
- Create and present compelling proposals, pitch decks, and presentations to potential clients and partners. Tailor proposals to address client needs and showcase the company's value proposition.
- Attend industry events, conferences, and trade shows to expand the company's network and stay updated on industry trends and developments.
- Evaluate potential business opportunities by conducting financial analyses, including cost projections, revenue forecasts, and return on investment calculations.
- Assess potential risks and challenges associated with new business initiatives and develop strategies to mitigate them.
- Collaborate with various departments within the company, including marketing, product development, operations, and finance, to ensure alignment and successful execution of business strategies.
- Provide regular updates and reports to senior management on business development activities, progress towards goals, and key performance indicators.

Requirements

- Strong communication
- Interpersonal skills
- Excellent negotiation
- Presentation abilities
- Decision-making
- Detailed oriented
- Communication skills
- Market dynamics
- Time management

About the Company

The Professionals is a Saudi leading Consulting firm that was established in 2015 in Riyadh, Saudi Arabia.

Since 2015 until now, we’ve become a successful partner in delivering unique consulting services to our partners who operate in different industries and sectors.

We always combine our service offerings by adopting global best practices with local in-depth understanding and delivering it with a passion to exceed our partners’ expectations to achieve their business objectives.