Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development Team

Essential and desired qualification Education: MBA preferable in Business Development / Any Specialization Doctorate Not Required, No under Graduates and Graduates Experience: 3 + Years preferable in International Business Development / Business Development 4 + Years Marketing and Sales Minimum Requirements: Fluent in English (oral & Written) Life science experience would be preferred Good Quantitative and systems background Ability to produce professional power point slides that clearly communicate analyses to stakeholders Attention to detail, quality, time management and customer focus Interpersonal and communication skills, ability to operate effectively in a professional environmental desired skills Preferred Gender *50% of the people should be males and 50% of the people should be females BDE New plans / innovative methods / proposals for getting the revenue (sponsorship / collaboration / exhibition) for OMICS Group A Business Development Executive along with a business development team is responsible for business growth. This is done by developing customer awareness of the businesss products and services and identifying new business partners and customers. The main responsibility of a Business Development Executive 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 field of life sciences the business development department mainly supports management by providing analysis for evaluating new business opportunities, designing and development agreements, joint ventures, mergers and acquisitions. Developing strategic ideas or proposals to make a company successful and increase revenue, is the job of a Business Development Manager. They must be able to identify industry openings, and be an expert negotiator. Being able to execute expansion tactics and meeting fiscal targets helps a business to grow and become successful. Growing and advertising that company is the primary role of a Business development manager.Their responsibilities include acquiring an extensive comprehension of present market trends and developments, networking with clients, conducting presentations of new proposals, negotiating and making deals. However, this is dependent on their experience, the company size, location, and client base. Business Development and Marketing Pro-actively hunt for target organizations and establish communications with those businesses that can benefit from our Companys services Further develop multi-tier relationships to organically grow the clients accounts Build referral and lead generation network Develop the corporate brand strategy Develop and manage marketing tools and collateral for existing and new clients Implement business models so as to create new ventures Forecast long and short-range market potential Adopt a hands-on approach in monitoring the implementation and execution of marketing programmer

Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

BDE Contacting Companies for sponsorships through regular mails & phone calls The responsibilities of BDEs also include the communication and co-ordination with the conference related companies. It has to be done through sending Emails and making phone calls. In order to get more mileage to the conferences, the sponsorship from external sources is much necessary, It actually not only adds to the revenue of the conference but it also drives the attention of the speakers to participate at our conference if any reputed company turns down to sponsor our event. So, this role of BDE is the major role where he has to utilize his interpersonal skills in communication with the companies. In cases it is necessary to prepare an attractive and informative template for contacting the companies through mails. Companies may not be responding actively towards the e-mails so they need to make a phone call with the help of the customer service executives. It is very important to contact potential sponsors in professional and well-mannered ways. BDE should be confident that your sponsorship templates/ letters are well put together, include key information, and are able to leave positive impressions on companies. BDE is responsible for preparing important sponsorship letters for assistance with a special event, activity or organization can seem difficult and overwhelming. Become familiar with helpful sponsorship letter ideas and ways to go about making the best of reaching out to potential sponsors. BDE Gather information regarding sponsorships and guide in making phone calls to companies As discussed in the earlier roles, BDE should be working for guiding the call coordinators in making phone calls to companies. All the conference coordinators have several issues which are not responded, in such cases, BDE should be supporting them by knowing the issue and suggesting the follow up content, so that they that can be sent to the customer service executives/call coordinators to make the follow up. It should be planned properly with follow up calls for a particular list of conferences each day. First upcoming conferences should be given high priority as regular follow up and immediate responses are really effective for the success of conference. Before making calls proper information should be gathered and they should ensure that if already any follow up was made in the recent past so as to avoid repetition. They are also responsible to have the complete knowledge about the conference, for the same proper information such as all the highlights regarding the conference should be gathered so that any query during the conversation can be immediately replied and shall help the customer service executives to make successful conclusion for the conversation. If the conversation of conference coordinators with any client is having positive signs to get sponsorship, then they should also guide the conference coordinators to provide registration forms and package details in order to finalize the things on the call. So, in all ways the BDE should have constant co-ordination with Program coordinators and should have the updates in order to help make an effective follow up calls. BDE Follow up about Past Conference reports & External Communication (Client Retention) Another important role of BDE is to make sure the proceeding of a conference are uploaded through past conference reports. The past conference reports is the webpage uploaded on the website to give complete information about the conferences. This report consists of the content, photos, feedback, proceedings, videos etc. BDE should work for guiding the respective program coordinator to upload this page by gathering all the required information. This task has to be done within week after the conference. The importance of this task is it gives a great impression to the conference attendees. It is BDE responsibility to upload the report as soon as possible, so it creates impression to the conference attendees about our quality and fast services, everyone who attends the conference expect to see their presentations are published and will be glad to have their speech videos and pictures. It also gives a perfect idea for anyone who comes across our website in knowing about our history of hosting the conferences and can be attracted to become participant in any of the upcoming conferences.
Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

For this, the BDE is responsible to manage the content, photos and other things and should make sure the report is uploaded perfectly. It also consists of the Feed backs or testimonials by the conference attendees, which will further help in improvising our services (if we receive any negative feedback). So, the feedbacks are also important issues in the Past conference reports through which our conferences quality can be improved. BDM Maintenance of Sponsorship & partnership e-mail contact will be done by BDM. BDEs should maintain their respective contact ids and should regularly follow-up with Conference coordinator for immediate replies. This is the initial source through which any person can post their queries regarding sponsorship/Exhibiting at our event. Here again proper communication skills are required in order to respond to the queries. The response should contain detailed information about the aspect for which they have sent us the query. It should be forwarded to the respective conference coordinator and monitor them to send the relative response as soon as possible. If the information requested in the mail needs any approval or any help from any of the supporting team, then BDE is responsible to coordinate with them provide the necessary details. BDE supposed to send immediate response which creates good impression on the services provided. BDM Organizing B2B Meetings in Conferences B2B Meetings at a conference is another facility which our OMICS group has provided to the attendees of the conference. In some medical conferences it is also termed as scientific partnering. Through this aspect OMICS Group aims at delivering unlimited opportunities for making business deals, product enhancements, cutting edge solutions for improving and elevating companys business and partnership. The Business development executive has to control the B2B meetings at the conference venues which may help in uniting all the leading industry professionals, business development executives, institutional investors, capitalists and corporate investors. BDE has to work in arranging private One-to-One meetings with other elite business representatives which increases your chances of Marketing in this networking World. This is another promotional activity which is provided for free to all the people who gets registered. Through this company delegates, business representatives and research scholars are provide with a platform to get in touch with other participants. If any representative is interested to utilize this service, then they will be provided with login which enables them to manage individual schedule including conferences activities, networking activities and private One-to-One meetings. Any such requests should be connected with alerts to mail, so that they can come to know if any person is interested to meet another meeting attendee. Accordingly meetings should be organized at the venue by coordinating about the convenient time from both the parties. It is required to have got coordination skills, in order to arrange the meetings at the conference venue. BDE should improve the mileage of the conferences This role of a BDE should be considered in a broad view, where the responsibility is integrated with several aspects of development in providing mileage to the conferences. Not only in terms of participants and revenue, they should also think in the point of brand image. Nevertheless brand image and exposure are those which should be given equal importance for any event. In this aspect the BDE should work for the improvising the mileage of the conference through its exposure. Many of the international conferences doesnt reach to all the persons of its target community, So as to make the conference reach maximum people of its related communities, BDE has to take initiation to work for promotions and representation, They should come up with innovative thoughts such as Media partnering/event partnering to get maximum exposure to the conference. They should possess some excellent skills to find the effective ways to promote the conferences. It is also expected from them to propose new acquisitions and business development agendas to the management.

Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

The overall responsibility will be giving good exposure and promotion to the conference, through which it can be reached to maximum number of people in the related scientific community. Certain key aspects should be noticed such as getting high profiled speakers, reputed companies, number of participants etc, these are some of the important issues for which a proper approach has to be designed. It is also necessary to monitor these constraints and prepare a plan to achieve them from the beginning, such innovative strategies of BDE can help to get good response to a conference and make it a huge success with proper planning and implementation.

BDE must contact Foreign Universities for student participants All the conferences are designed to get participants from all over the world from various Business organizations, Clinical/Research organizations as well as Academic Organizations. The BDE should also work for supporting the respective conference coordinator to contact any foreign Universities. Apart from getting participants from the Universities, they should be also capable of communicating any development proposals such as getting associated with them in any mutual beneficial aspect which could create a good impression and exposure to the conference. Through effective communication they should be able to bring good number of student participation to the conference, so that the conference is exposed to also that business community who has students as their major target group. So, in this view BDE should work through innovative action plans which ultimately influence the development of organization. If necessary BDE should also take the responsibility of making follow up with the universities though phone calls as per the call sheet provided by respective program coordinator. They should also make sure that the promotional material such as brochures/books which consists of detailed information about conference should be sent through post to the mailing list of the universities collecting by the conference coordinators. BDE Collection of database of companies in USA & other developed countries Anyone serious about his or her company understands the importance of having a business mailing list. Is useless to expect anyone to walk in the ways your store to a number of old and work in todays economy a company can achieve with the mailing list. Companies Data collection is an important step in the market research process. It involves gathering information about customers, competitors, and the market to help companies improve existing products and services and launch new products or services, expand into new markets, and create marketing plans. This process can be performed on a large or small scale and can involve both qualitative and quantitative data. By utilizing the Internet, data collection of companies allows for a broad range of consumer feedback on behaviors, perceptions, needs, attitudes, and opinions, which gather in-depth consumer insight. Though data collection by means of the Internet provides a cost-effective approach to market research, at times traditional methods such asfocus group and in-home interviewing can prove to be effective as well. BDM Journal Acquisitions BDEs should have the following capabilities when it comes to journal acquisition: Identifying Acquirable Journals-Market Research Having set templates for acquisition mails Cost estimation of the acquirable journal Maintaining the vendor-vendee relationship BDE must report daily to respective managers The BDE shall report to respective Manager on a daily basis by the conclusion of eachbusiness day. The report should include the work done and results obtained, a Daily MIS Report should be sent by email. The Daily MIS Report includes: List of activities completed Status of ongoing communication Status of some special tasks or projects assigned by Management.

Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

Actions performed such as sending informative Emails to all or respective conference coordinators related to any new resolutions implemented/ new tasks assigned /follow up about any task with deadlines etc. Reporting your activities to your management team may include your direct manager, and anyone else who is involved with the success of your initiative. Your manager will let you know who should be CCd. The report will help you stay accountable for your daily goals, and keep your managers informed of the calls to conversations to opportunities ratio. The report also might be a good place to include any successes and/or impediments from the day. BDE Consolidated report of MIS will be sent once in a week to MD & Respective Mangers The main objective ofweekly MIS Report is to allow employees to discuss their performance and highlight any requirements they need for the immediate attention of management. They must be clear and must be delivered on time. The objective of the weekly report is to provide communication in an informative and precise format. These reports can be used to analyze employee performance, and overall work ethic of the business as a whole. Being able to see where minor changes can lead to significant improvements in a company, as well as simply creating a better overall awareness of business activities and progress within an organization, are the biggest reasons why weekly status reports are so essential. All businesses have the same general aim of survival into the future, that is to say that maintaining competition, profit generation and overall growth in the marketplace are all first and foremost in order for the business to operate. BDE must be able to reach required targets Targets make it clearer for individual employees to see where they fit within an organization and what they need to do to help the business meet its objectives. Setting clear objectives and targets and closely monitoring their delivery can make the development of your business more effective. Another Major Role of BDE is to achieve the targets assigned to them. The key is to have a written business development activity plan that outlines how you are going to achieve your targets for the year ahead. By taking this approach you will have planned exactly where your clients and sponsors will come from. It must be also achieved through given the companys resources. The most important aspect of developing goals is gaining commitment to achieve them from everyone involved in the company. Therefore, good communication during the developing process is needed BDE Miscellaneous work assigned by management Any promotional activity or working on any meeting resolution or a new project is also part of BDEs roles and responsibilities. This task will be generally assigned by top level Management or M.D. he/she should be ready to accept the new projects at any time apart from the ongoing daily tasks. BDE must have multi task handling skills to take the new challenges. They should think innovatively and prepare a proper plan to implement the given task. They should contain excellent communications skills and make use of the sources available within the company to work for the given task. Proper coordination with any respective department which is related to the work should be done. The status report of it should be sent to Management regularly with updates of the project and estimated date of completion. As a part of it if required BDEs are also supposed to visit any external sources (offices/ organizations) to get any information or meeting any personals which are associated to accomplish the given task. They can make use of the office vehicles for transportation purposes. Always BDE should concentrate in developing the new projects with some innovative strategies apart from his daily work with some extra efforts both performances wise as well as time wise.

Roles & Responsibilities of Business Development

Roles & Responsibilities of Business Development

BDE should be able to attend the office before the required time on any week day to discuss regarding the updates with mangers & operations manager BDE should be flexible with his timings in attending the office. With a prior notice to the HR team they should be able to work for extra hours in case if there is any new project of task assigned with a limited time for submission. All the development activities do need extra efforts for implementation, so there is need for them to manage their working hours as per the requirements. With tight schedule and upcoming deadlines, they may require working overtime for completing their work on schedule and achieving the companys targets.This is applicable on all the days of week, BDE should possess self assessment regarding the targets given to him and should be able take the responsibility of completing it in the given time. This is one of the necessary qualities that have to be adopted because there shouldnt be any delay in accomplishment of the development activities.

Roles & Responsibilities of Business Development