A head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.

Head Of Business Development Responsibilities

Here are examples of responsibilities from real head of business development resumes representing typical tasks they are likely to perform in their roles.

  • Develop the company's online presence through website and Facebook that lead to business expansion to markets of UK, Denmark.
  • Implement and customize CRM database used to manage all development activities.
  • Lead and manage large RFP responses to ensure corporate objectives for profitability, sustainability, and operational delivery objectives are meet.
  • Hire a top tier SQL developer for data warehouse and reporting activities.
  • Plan and maintain company presence on forums and social networks, including Facebook.
  • Initiate project for upgrading CRM and re-design of flow of communication between cross-functional teams.
  • Create a comprehensive educational PowerPoint presentation utilize to train other team members and resellers about products and services.
  • Lead BD and capture efforts aim at a new DoD acquisition client.
  • Spearhead USMR's overall marketing strategy, online presence / SEO, and client development.
  • Analyze brand position within a specific category and overhaul SEO.
  • Collaborate with SVP in quality control and reduction of rework strategy; eliminating waste and streamlining productivity.

Head Of Business Development Skills and Personality Traits

We calculated that 7% of Heads Of Business Development are proficient in Cloud, C++, and Project Management. They’re also known for soft skills such as Analytical skills, Communication skills, and Creativity.

We break down the percentage of Heads Of Business Development that have these skills listed on their resume here:

  • Cloud, 7%

    Used RESTful architecture for cloud computing services.

  • C++, 5%

    Managed development of C++ pricing library based on proprietary algorithms.

  • Project Management, 5%

    Spearheaded new project management framework, combining industry-standard techniques with bespoke innovations to achieve greater efficiency/transparency in the development process.

  • Cloud Computing, 5%

    Developed business plan and revenue models to enable and support cloud computing strategic initiative.

  • R, 5%

    Integrated 11 data systems into one analytic geographic information system using Perl, R, and VBA.

  • HR, 4%

    Managed sales and HR operations and oversaw Healthy Families Program engaging 15,000-25,000 participants through customized letters outlining benefit packages.

Some of the skills we found on head of business development resumes included "cloud," "c++," and "project management." We have detailed the most important head of business development responsibilities below.

  • The most important skills for a head of business development to have in this position are analytical skills. In this excerpt that we gathered from a head of business development resume, you'll understand why: "advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization." According to resumes we found, analytical skills can be used by a head of business development in order to "direct analytical method development and validation to support formulation development and fda filings. "
  • While it may not be the most important skill, we found that many head of business development duties rely on communication skills. This example from a head of business development explains why: "managers must be able to communicate effectively with a broad-based team made up of other managers or staff members during the advertising, promotions, and marketing process." This resume example is just one of many ways heads of business development are able to utilize communication skills: "initiated project for upgrading crm and re-design of flow of communication between cross-functional teams. "
  • Creativity is also an important skill for heads of business development to have. This example of how heads of business development use this skill comes from a head of business development resume, "advertising, promotions, and marketing managers must be able to generate new and imaginative ideas." Read this excerpt from a resume to understand how vital it is to their everyday roles and responsibilities, "received formal promotion to head of product development, managing a creative team of 3 subordinates. "
  • A head of business development responsibilities sometimes require "interpersonal skills." The responsibilities that rely on this skills are shown by this resume excerpt: "managers must deal with a range of people in different roles, both inside and outside the organization." This resume example shows how this skill is used by heads of business development: "traveled the western u.s. to develop and enhance prospect and client relationships using strong client-facing and interpersonal skills. "
  • As part of the head of business development description, you might find that one of the skills that might be helpful to the job is "organizational skills." A head of business development resume included this snippet: "advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members." This skill could be useful in this scenario: "assessed the effects of potential expansion on divisional and organizational objectives, with roi accountability. "
  • See the full list of head of business development skills.

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    What Business Partners Do

    A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.

    In this section, we take a look at the annual salaries of other professions. Take business partner for example. On average, the business partners annual salary is $37,866 lower than what heads of business development make on average every year.

    While the salaries between these two careers can be different, they do share some of the same responsibilities. Employees in both heads of business development and business partners positions are skilled in project management, r, and shared services.

    As far as similarities go, this is where it ends because a head of business development responsibility requires skills such as "cloud," "c++," "c #," and "cloud computing." Whereas a business partner is skilled in "analytics," "customer service," "human resources," and "performance management." So if you're looking for what truly separates the two careers, you've found it.

    Business partners tend to make the most money in the technology industry by averaging a salary of $94,676. In contrast, heads of business development make the biggest average salary of $123,447 in the telecommunication industry.

    Business partners tend to reach lower levels of education than heads of business development. In fact, business partners are 7.2% less likely to graduate with a Master's Degree and 2.1% less likely to have a Doctoral Degree.

    What Are The Duties Of a Development Manager?

    A development manager is responsible for assisting existing clients or potential clients of the services they need. A development manager serves as the initial point of contact for the clients to answer their inquiries and concerns before proceeding with a contract. Development managers usually arrange meetings with clients, analyze business opportunities, improve marketing initiatives to attract clients, research the industry's latest trends, create proposals, and assist in training new staff members. A development manager must have excellent communication and leadership skills to handle staff performance and build professional relationships with clients.

    Next up, we have the development manager profession to look over. This career brings along a lower average salary when compared to a head of business development annual salary. In fact, development managers salary difference is $23,512 lower than the salary of heads of business development per year.

    Not everything about these jobs is different. Take their skills, for example. Heads of business development and development managers both include similar skills like "c++," "c #," and "project management" on their resumes.

    While some skills are similar in these professions, other skills aren't so similar. For example, several resumes showed us that head of business development responsibilities requires skills like "cloud," "cloud computing," "shared services," and "kpis." But a development manager might use skills, such as, "customer service," "patients," "java," and "database."

    Development managers may earn a lower salary than heads of business development, but development managers earn the most pay in the technology industry with an average salary of $123,452. On the other side of things, heads of business development receive higher paychecks in the telecommunication industry where they earn an average of $123,447.

    On the topic of education, development managers earn lower levels of education than heads of business development. In general, they're 7.5% less likely to graduate with a Master's Degree and 2.1% less likely to earn a Doctoral Degree.

    How a Head Of Sales Compares

    The head of sales is primarily responsible for overseeing the sales performance of a company and devising strategies to optimize practices. Their responsibilities typically revolve around monitoring the progress of every sales effort, setting objectives and deadlines, performing research and analysis to identify sales opportunities, and coordinating with different departments to improve procedures and reach sales targets. Furthermore, as the head of sales, it is essential to lead and encourage the workforce, all while implementing the company's policies and regulations.

    The head of sales profession generally makes a higher amount of money when compared to the average salary of heads of business development. The difference in salaries is heads of sales making $31,910 higher than heads of business development.

    By looking over several heads of business development and heads of sales resumes, we found that both roles utilize similar skills, such as "product development," "strategic partnerships," and "crm." But beyond that the careers look very different.

    There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, a head of business development is likely to be skilled in "cloud," "c++," "c #," and "project management," while a typical head of sales is skilled in "sales organization," "product knowledge," "sales operations," and "sales process."

    Heads of sales make a very good living in the technology industry with an average annual salary of $189,378. Whereas heads of business development are paid the highest salary in the telecommunication industry with the average being $123,447.

    When it comes to education, heads of sales tend to earn lower education levels than heads of business development. In fact, they're 11.3% less likely to earn a Master's Degree, and 3.3% less likely to graduate with a Doctoral Degree.

    Description Of a Business Leader

    Business Leaders are considered trailblazers in their field. They are innovative thinkers who often introduce solutions to their industry's challenges. They inspire people pursuing careers in their field and even those outside the industry to strive harder and create their paths to success. Employees often look up to Business Leaders, which is why they must be motivating. They also oversee their business operations and often set long-term targets and strategies to achieve these targets. They think outside the box to set their business apart from their competitors.

    Business leaders tend to earn a lower pay than heads of business development by about $43,760 per year.

    According to resumes from both heads of business development and business leaders, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "project management," "cloud computing," and "r."

    Even though a few skill sets overlap, there are some differences that are important to note. For one, a head of business development might have more use for skills like "cloud," "c++," "c #," and "shared services." Meanwhile, some business leaders might include skills like "analytics," "customer service," "lean six sigma," and "continuous improvement" on their resume.

    Business leaders earn a higher salary in the pharmaceutical industry with an average of $128,816. Whereas, heads of business development earn the highest salary in the telecommunication industry.

    In general, business leaders reach similar levels of education when compared to heads of business development resumes. Business leaders are 4.8% less likely to earn their Master's Degree and 3.0% less likely to graduate with a Doctoral Degree.