What does a manager, corporate development do?
A corporate development manager is responsible for planning and executing project management techniques to enhance business performance and improve financial stability. Corporate development managers identify business opportunities that would generate more revenue resources for the business and establish client partnerships. They also handle the budget for corporate operations, including events, programs, and media presence. A corporate development manager must have excellent communication and leadership skills to address the team's needs and concerns to maximize their efficiency and productivity.
Manager, corporate development responsibilities
Here are examples of responsibilities from real manager, corporate development resumes:
- Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
- Lead central team summarizing and prioritizing all DOD opportunities, enabling more efficient and effective resource allocation across several program departments.
- Recruit by CFO to develop and implement growth strategy for a publicly-trade healthcare technology, software and services company.
- Key markets include commercial office, healthcare, industrial, retail, residential, institutional, aviation and business services.
- Provide oversight and direction on domestic and international projects impacting commercial markets, including conducting competitive assessments base on project results.
- Promote to newly create leadership role for strategy, CRM, and direct and interactive marketing.
- Perform complete solution assessment including gap analysis, ROI and provide best practice.
- Direct oversight of business prioritization process, partner investment spend, divisional performance goals and valuation of portfolio level ROI.
- Convert success metrics paradigm from a package software focus to emphasize key software-as-a-service (SaaS) measures.
- Assess new technology proposals & business opportunities for e-business\CRM applications to support brand marketing initiatives.
- Determine and monitor appropriate metrics to measure success of SaaS offerings in develop and developing countries.
- Collaborate with SVP in quality control and reduction of rework strategy; eliminating waste and streamlining productivity.
- Productize the first location base advertising platform for smartphones and navigation devices, LocationPoint.
Manager, corporate development skills and personality traits
We calculated that 14% of Managers, Corporate Development are proficient in Corporate Development, Project Management, and Financial Models. They’re also known for soft skills such as Analytical skills, Creativity, and Interpersonal skills.
We break down the percentage of Managers, Corporate Development that have these skills listed on their resume here:
- Corporate Development, 14%
Co-established Corporate Development division within corporation.
- Project Management, 6%
Implemented project management methodologies and standards within organization, including code standards, change management processes, and standard operating procedures.
- Financial Models, 6%
Constructed detailed financial models for the valuation of potential acquisitions and other internal corporate projects.
- PowerPoint, 6%
Created PowerPoint presentations for educating external partners on our seasonal product assortment and merchandising strategy.
- Financial Analysis, 5%
Developed briefing packages to communicate strategic rationale and financial analysis at board meetings and management reviews.
- Business Development, 5%
Closed and completed various acquisition, divestiture and licensing transactions for diagnostic and life science corporate business development deals.
Common skills that a manager, corporate development uses to do their job include "corporate development," "project management," and "financial models." You can find details on the most important manager, corporate development responsibilities below.
Analytical skills. One of the key soft skills for a manager, corporate development to have is analytical skills. You can see how this relates to what managers, corporate development do because "advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization." Additionally, a manager, corporate development resume shows how managers, corporate development use analytical skills: "provided acquisition analysis, risk management advice, and corporate development for the company. "
Creativity. Another essential skill to perform manager, corporate development duties is creativity. Managers, corporate development responsibilities require that "advertising, promotions, and marketing managers must be able to generate new and imaginative ideas." Managers, corporate development also use creativity in their role according to a real resume snippet: "directed improvements in financial analysis, inventory analysis, it standardization, software implementation and back office automation. "
Interpersonal skills. Another skill that relates to the job responsibilities of managers, corporate development is interpersonal skills. This skill is critical to many everyday manager, corporate development duties, as "managers must deal with a range of people in different roles, both inside and outside the organization." This example from a resume shows how this skill is used: "required effective interpersonal skills, leadership ability, and strong project management success. "
Organizational skills. For certain manager, corporate development responsibilities to be completed, the job requires competence in "organizational skills." The day-to-day duties of a manager, corporate development rely on this skill, as "advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members." For example, this snippet was taken directly from a resume about how this skill applies to what managers, corporate development do: "provided leadership and direction in the translation of business strategy into organizational initiatives and hr priorities. "
Communication skills. A commonly-found skill in manager, corporate development job descriptions, "communication skills" is essential to what managers, corporate development do. Manager, corporate development responsibilities rely on this skill because "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." You can also see how manager, corporate development duties rely on communication skills in this resume example: "manage all aspects of corporate development, including development of prospects and communication programs to solicit new corporate members. "
The three companies that hire the most manager, corporate developments are:
Compare different managers, corporate development
Manager, corporate development vs. Category manager
Category managers are usually employed in the retail industry. They are primarily responsible for the sales enhancement of a specific group of products. The managers are involved in pricing, marketing, inventory, and vendor management. Their daily tasks include meeting with suppliers to talk about the plans, conducting orientation to the market research company, and updating category reports. Qualified applicants must have a degree in business administration or a related field as well as relevant job experience in a related job.
There are some key differences in the responsibilities of each position. For example, manager, corporate development responsibilities require skills like "corporate development," "project management," "financial models," and "powerpoint." Meanwhile a typical category manager has skills in areas such as "strategic sourcing," "category strategy," "supplier performance," and "supplier relationships." This difference in skills reveals the differences in what each career does.
Category managers really shine in the manufacturing industry with an average salary of $95,563. Comparatively, managers, corporate development tend to make the most money in the start-up industry with an average salary of $127,088.category managers tend to reach lower levels of education than managers, corporate development. In fact, category managers are 14.2% less likely to graduate with a Master's Degree and 0.8% less likely to have a Doctoral Degree.Manager, corporate development vs. Product manager
A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
In addition to the difference in salary, there are some other key differences worth noting. For example, manager, corporate development responsibilities are more likely to require skills like "corporate development," "financial models," "powerpoint," and "financial analysis." Meanwhile, a product manager has duties that require skills in areas such as "product management," "qa," "product strategy," and "user stories." These differences highlight just how different the day-to-day in each role looks.
Product managers may earn a lower salary than managers, corporate development, but product managers earn the most pay in the retail industry with an average salary of $114,839. On the other hand, managers, corporate development receive higher pay in the start-up industry, where they earn an average salary of $127,088.product managers earn lower levels of education than managers, corporate development in general. They're 11.4% less likely to graduate with a Master's Degree and 0.8% less likely to earn a Doctoral Degree.Manager, corporate development vs. Pricing manager
Pricing managers are employees who oversee the pricing needs of the organization. They identify the best pricing schemes for the company's product or service offerings. To do this, pricing managers analyze industry trends and current events. They study the target market and their spending behavior. They also coordinate with different departments, such as the production department to get the cost of production and the human resources department to get overhead costs. They also factor in different operational costs. Once they get this data, they determine the best pricing for the goods. Pricing managers also have a say in company tie-ups and client proposals to ensure that the company will not get the losing end of the stick with such partnerships.
There are many key differences between these two careers, including some of the skills required to perform responsibilities within each role. For example, a manager, corporate development is likely to be skilled in "corporate development," "project management," "powerpoint," and "corporate strategy," while a typical pricing manager is skilled in "analytics," "strategic pricing," "customer service," and "strong analytical."
Pricing managers make a very good living in the technology industry with an average annual salary of $110,227. On the other hand, managers, corporate development are paid the highest salary in the start-up industry, with average annual pay of $127,088.pricing managers typically earn lower educational levels compared to managers, corporate development. Specifically, they're 10.8% less likely to graduate with a Master's Degree, and 0.6% less likely to earn a Doctoral Degree.Manager, corporate development vs. Content manager
A Content Manager is focused on creating, improving, and maintaining content to achieve the business goals. They lead a team of copywriters and content executives.
Even though a few skill sets overlap between managers, corporate development and content managers, there are some differences that are important to note. For one, a manager, corporate development might have more use for skills like "corporate development," "financial models," "financial analysis," and "corporate strategy." Meanwhile, some responsibilities of content managers require skills like "digital marketing," "content strategy," "content creation," and "web content. "
Content managers enjoy the best pay in the technology industry, with an average salary of $86,931. For comparison, managers, corporate development earn the highest salary in the start-up industry.The average resume of content managers showed that they earn lower levels of education compared to managers, corporate development. So much so that theyacirc;euro;trade;re 16.5% less likely to earn a Master's Degree and less likely to earn a Doctoral Degree by 0.4%.Types of manager, corporate development
Updated January 8, 2025
