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Become A Vice President, Business Development

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Working As A Vice President, Business Development

  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Interacting With Computers
  • Organizing, Planning, and Prioritizing Work
  • Making Decisions and Solving Problems
  • Mostly Sitting

  • Stressful

  • $113,801

    Average Salary

What Does A Vice President, Business Development Do

A Vice President of Business Development is a leader in the execution of the business plan and new business strategy for an organization. They manage business development and the sales staff.

How To Become A Vice President, Business Development

A bachelor’s degree is required for most advertising, promotions, and marketing management positions. These managers typically have work experience in advertising, marketing, promotions, or sales.

Education

A bachelor’s degree is required for most advertising, promotions, and marketing management positions. For advertising management positions, some employers prefer a bachelor’s degree in advertising or journalism. A relevant course of study might include classes in marketing, consumer behavior, market research, sales, communication methods and technology, visual arts, art history, and photography.

Most marketing managers need a bachelor’s degree. Courses in business law, management, economics, finance, computer science, mathematics, and statistics are advantageous. For example, courses in computer science are helpful in developing an approach to maximize online traffic, by utilizing online search results, because maximizing such traffic is critical for digital advertisements and promotions. In addition, completing an internship while in school can be useful.

Work Experience in a Related Occupation

Advertising, promotional, and marketing managers typically have work experience in advertising, marketing, promotions, or sales. For example, many managers are former sales representatives; buyers or purchasing agents; or public relations specialists.

Important Qualities

Analytical skills. Advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization. 

Communication skills. 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. They must also be able to communicate persuasively with the public.

Creativity. Advertising, promotions, and marketing managers must be able to generate new and imaginative ideas.

Decisionmaking skills. Managers often must choose between competing advertising and marketing strategies put forward by staff.

Interpersonal skills. These managers must deal with a range of people in different roles, both inside and outside the organization.

Organizational skills. Advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members.

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Vice President, Business Development jobs

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Real Vice President, Business Development Salaries

Job Title Company Location Start Date Salary
President International and EVP of Business Development Endo Pharmaceuticals Inc. Malvern, PA Mar 14, 2016 $550,000
Executive VP-Global Business Development & Strategy KBR, Inc. Houston, TX Oct 13, 2016 $550,000
President International and EVP of Business Development Endo Pharmaceuticals Inc. Malvern, PA Jan 08, 2016 $550,000
CFO & VP Business Development Harbar LLC Canton, MA Apr 29, 2016 $360,000
Senior Vice President, Business Development, Walmart US Wal-Mart Associates, Inc. Bentonville, AR Oct 01, 2015 $350,000 -
$450,000
Vice Pres. of Business Development, Asia/Pacific Penske Truck Leasing Reading, PA Aug 28, 2015 $300,000
VP International Business Development Northwell Health New York, NY Jan 03, 2016 $300,000
Senior VP of Business Development, Asia/Pacific Penske Truck Leasing Reading, PA Sep 09, 2015 $300,000
SVP, Strategy & Business Development Constellation Brands, Inc. San Francisco, CA Aug 31, 2015 $280,888
Executive Vice President Global Business Development Tolmar, Inc. Miami, FL Sep 12, 2015 $280,000
Executive Vice President Global Business Development Tolmar, Inc. Miami, FL Sep 22, 2015 $280,000
Vice President, Commercial Operations & Business Development Transfield Services Americas, Inc. Houston, TX May 21, 2015 $275,000
Vice President of Business Development Sonic Foundry, Inc. Madison, WI Apr 15, 2016 $196,800
Senior Vice President of Business Development and Strategy High Ridge Brands Co. Stamford, CT Aug 22, 2016 $193,773 -
$230,000
Vice President of Business Development DHL--Global Mail, Inc. D/B/A DHL Global Mail Weston, FL Mar 05, 2015 $193,752
SR Vice President of Business Development, Global Thinkwell Group, Inc. Burbank, CA Aug 15, 2015 $192,000
VP Business Development Evidation Health Inc. Menlo Park, CA Jan 03, 2016 $190,000
Senior Vice President of Business Development Reaktor, Inc. New York, NY Oct 10, 2016 $190,000
VP of Business Development Latin America and Caribbean Coupa Software Incorporated San Mateo, CA Sep 14, 2016 $190,000 -
$200,000
VP of Business Development, Americas Intent Media Inc. New York, NY May 12, 2016 $190,000
VP of Marketing & Business Development, Latin America Alance Media Group, LLC San Francisco, CA Aug 13, 2015 $141,394
VP of Marketing & Business Development, Latin America Alcance Media Group, LLC San Francisco, CA May 14, 2015 $141,394
Vice President, Business Development Careset Systems, Inc. Houston, TX Nov 27, 2016 $141,200
Vice President of Business Development NWAY America, LLC San Francisco, CA Jun 15, 2015 $140,920
Vice President of Business Development and Operations Yotpo, Inc. New York, NY Sep 01, 2015 $140,000
Executive Vice President Business Development GGI, Energy, Inc. Plano, TX Sep 22, 2015 $140,000 -
$150,000
Assistant Vp-Business Development Citiustech Inc. Princeton, NJ Jun 08, 2015 $140,000
Executive Vice President Business Development GGI Energy, Inc. Plano, TX Sep 22, 2015 $140,000 -
$150,000

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Top Skills for A Vice President, Business Development

BusinessDevelopmentActivitiesBusinessStrategyRevenueGrowthNewProductDevelopmentFinancialBusinessPlanHealthcareWebPStrategicPartnershipsAdditionalCRMAnnualRevenueInternetSalesStrategyBusinessUnitProductLineCustomerServiceOEMRealEstate

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Top Vice President, Business Development Skills

  1. Business Development Activities
  2. Business Strategy
  3. Revenue Growth
You can check out examples of real life uses of top skills on resumes here:
  • Led business development activities surrounding identification and establishment of key strategic partners for energy, comfort and power projects.
  • Developed and led the execution of the business strategy to expand the software business inside of an existing consulting company.
  • Identify opportunities for incremental revenue growth.
  • Provide market insights to inform research and new product development efforts.
  • Contract and financial negotiation responsibilities include study awards in addition to partnership and risk sharing models for key accounts.

Top Vice President, Business Development Employers

Vice President, Business Development Videos

Elizabeth Warren Expresses Outrage Over Jamie Dimon's Salary at JP Morgan Chase

Mark Schulze Vice President of Business Development for Clover

Martin Kupper - VP of Business Development with www.powerteaminternational.com

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