Monday 23 November 2009

The development of business manager

There are many business developments which includes of technology designed to help an economic enterprise grow.Such technologies include assessment of marketing, operating and targeting.The development of business involves evaluating a business and then realizing its full potential, using such as tool marketing, sales, information management and also customer service. Also there are many tasks that are carried out by business development managers. The business development manager is known as an economic or business planner. A manager must be careful about his attention to business development and exploiting the business opportunities that are presented to him and his organization. Business development can make your organisation good if you know the best practices and management theory. Sometimes, business development managers become stressed due to the urgent need for radical new approaches to the corporation. The new kind of corporation is above all agile.The top business managers fret about the lack of creativity and innovation beneath them.

The business development manager must have considerable sales experience, also to be organized, a strong negotiator and aware of and responsive to economic trends. A university degree in one of the commerce, accounting, economics or business administration streams may prove useful (although not necessary) for entry into the position( http://www.zimbio.com ) . The business development manager works to expand a company product and reach a profit revenue. They do this by identifying new markets and attracting new clients. The business development manager therefore researches new business opportunities, identifies likely sales points and also develops strategic plans and sales strategies ( http://en.wikipedia.org ). He undertakes presentations for and negotiations with prospective customers.

In larger organizations the business development manager works with marketing and sales departments, government and industry bodies ( http://www.thinkingmanagers.com ) . Domestic and overseas travel is often a requirement of this position, and report writing is necessary. In smaller businesses, business development managers answer to owners. However, in larger companies they are answerable to senior marketing and sales executives.

References
http://www.zimbio.com/Business+Development+Analysts/articles/6/Responsibilities+Business+Development+Manager
http://en.wikipedia.org/wiki/Business_development
http://www.thinkingmanagers.com/business-management/business-development.php

Words : 480

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