How Important Is The Role Of Business Development Managers In Today's Industry?

The Pivotal Role of Business Development Managers

Business development managers play a pivotal role in a business organization. They are highly trained professionals used inside an organization to perform essential and major decision-making tasks. Be it generating a new sales lead for the marketing department, negotiating client prices in sales, or even predicting sales forecast in finance; business development managers are trusted to innovate and provide the business with a competitive edge in the market so that the organization can ride the curve of demand and come on top of their competition.

Multi-skilled and Efficient

Although this Is a lucrative venture, it is not easy to perform this job, nor is it a simple matter to attain it. A business development manager has to be a multi-skilled individual who can work efficiently under pressure while also leading the workforce with their excellent communication skills and negotiating any third party involved in the task given to them by the organization. Their knowledge of how to go about business affairs and their ability to complete their tasks in a specific time frame make them valuable individuals to any organization, especially those in a competitive market looking to innovate.

Yoshimi Henry; An Excellent Business Manager

Yoshimi Henry is a business management student hailing from the Greater Chicago Area. She is affiliated with DTI (Diversified Technology Inc.) and Moraine Valley Community College. She is an innovative and dynamic business owner who applies her strong work ethic in every work she does. Not only is she an entrepreneur, but she is also a Business Development Manager for the family business. But that is not where her achievements end, as she is also the owner of an independent model and talent agency. Her diverse skills involve producing opportunities for her companies every day, creating opportunities with clients, and networking with other successful business owners.

Successful Businesses Need Successful Business Managers

It is imperative that any big business that is to thrive in a dynamic market and produce efficient and cutting edge products or services, which are of great value to the clients of that business, must hire a business development manager. It is the only way to face all the challenges that present themselves in the business world, and having such an individual capable of so much may be costly to some businesses. Still, it would be a worthy investment for new businesses trying to enter a market with great possible returns in the organization's future.

How Can You Be a Successful Business Development Manager?

Defining Business Development

Business development is where people take on tasks and processes that develop and implement growth opportunities within and between other organizations. The love child of Business, Commerce, and Organizational theory, Business Development is an immersive field that is nowadays essential to all companies and organizations.

In the most basic terms, Business Development can be summarized as the ideas, initiatives, and activities that allow an organization to be better. A business manager has many tasks such as increasing revenues, growth in business expansion, and profitability by making strategic and innovative partnerships and business decisions.

Hard-work and Talent Required

Name it ‘Business Development Manager, VP, Business Development, or Business Development Executive,’ these are all impressionable and interesting job titles often heard in many organizations. This job entails many responsibilities that are not easy, and only the most hardworking and talented of people can take on this job. Sales, sale strategies, initiatives, business partnerships, market development, business expansion, and marketing are only part of this job.

Your job as a Business Development Manager

A person who holds the title of a business development manager will identify new business opportunities that will allow the company to generate revenue, improve profitability and help the overall business growth. Along with that, careful strategic planning and positioning in the appropriate markets, enhancing the operation of the business, position, and reputation of the organization are all factors included in this field of work.

Yoshimi Henry as a Business Development Manager

Yoshimi Henry is an entrepreneur who has a strong sense of ethics and morality which she applies to all sectors of her life. With a charismatic personality and high emotional intelligence, her ability to give attention to every detail is an added value to her enticing persona. Yoshimi is a dynamic business owner. Her duality includes being a Business Development Manager for her family business and being the owner of an independent modeling and talent agency. She finds an opportunity for her companies daily and creates opportunities with clients as well. Yoshimi does a brilliant job at building networks with other successful business owners and increasing the diversity in her organizations.

Patience, Intelligence, and Confidence

Having a good sense of business management cannot be achieved many times even if you spent years studying about it in college and university. The patience, intelligence, and confidence about dealing within and outside the company are based on hard work that not everyone is capable of doing and luck that not everyone has.