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Vice president, business development skills for your resume and career
15 vice president, business development skills for your resume and career
1. Healthcare
Healthcare is the maintenance or improvement of a person's health by the diagnosis and treatment of a person's injury, illness, or any other disease. Healthcare is a basic necessity of human life and is the responsibility of the country's government to ensure that each person gets healthcare. Providing healthcare is the job of certified health professionals that includes doctors, surgeons, nurses, and other physicians. Pharmaceutical companies, hospitals, dentistry, therapy, and health training all come under healthcare. Healthcare plays a vital role in the country's economy and its development.
- Led company's front against the HealthCare vertical for all of Nielsen's portfolio of products and services.
- Created Sales and Marketing strategy for exclusive agreement with Cardinal Healthcare to sell Credentialing and Document Management software solutions in hospitals.
2. Business Strategy
The decisions and plans formulated by businesses that help them in achieving their business objective and milestones are referred to as business strategy. It allows companies to secure a competitive status in the market against other contenders. Companies form business strategies for longer terms such as 5 - 10 years, that helps staff in working towards a unified objective.
- Researched and analyzed hundreds of medical manufacturers to determine fit within defined business strategy; built and maintained targeted database.
- Initiated and managed marketing process leading to company name change, more accurately communicating focus of business strategy.
3. Revenue Growth
- Implemented innovative marketing techniques and campaigns to increase demand generation and qualified leads resulting in increased revenue growth.
- Integrated new technologies that achieved top and bottom-line revenue growth without requiring major human capital investments.
4. Financial Services
Financial services are economic services that are offered by the finance sector, which includes banks, financial institutes credit-card agencies, insurance companies, accountancy firms, and others that handles assets. Organizations in the financial services sector are concerned with money and risk management.
- Managed financial services clients' business development activities in the east region including national account responsibility for major clients.
- Developed go-to market strategy around industry verticals of wireless telecommunications, financial services, automotive and retail/e-commerce.
5. Business Development
Business development is the ideas or initiatives that work to make business work better. Selling, advertising, product development, supply chain management, and vendor management are only a few of the divisions involved with it. There is still a lot of networking, negotiating, forming alliances, and trying to save money. The goals set for business development guide and coordinate with all of these various operations and sectors.
- Directed strategic planning and business development of new growth programs to significantly increase sales and diversify into new commercial businesses.
- Promoted to lead business development, project origination, and opportunity qualification activities with emphasis on driving growth and profitability.
6. CRM
CRM stands for Customer relationship management and it is a complete process through which a business or organization monitors and administers its interactions with the customers. A process in which large amounts of data are collected through marketing via a company's website, polls, surveys, and other social media applications. The basic goal of CRM is to target the right audience for their product, and then fulfill their needs, to increase the sales and revenue of the company.
- Propelled the division to 120% of revenue goal/quota by implementing global CRM performance management and business intelligence-based metrics.
- Developed and launched several innovative cross media marketing initiatives and CRM pipeline management procedures to drive new business revenue.
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Product development is the complete procedure of creating a product from concept until release of the final product. Product development has many stages after which a product is released into the market. Identifying the need, creating the opportunity, conceptualizing a product, and providing a solution, all are different stages of product development.
- Defined strategic product developments needed, managed design and introduction of new, embedded processor Microwave Frequency Converter products for SATCOM business
- Lead product development cross functional teams and promotional activities with International Business Managers, subsidiaries' General Managers and Regional Managers.
8. Account Management
The process of strengthening the relationship between a company and client is called account management. Effective account management has two key objectives, one is to retain loyal customers and the second one is to help the company grow by creating connections with new customers.
- Develop sales training material for key account management to provide continuing education and career development for Directors and support staff.
- Developed innovative internal incentive program effectively expanding reach and revenue opportunities by driving a strong sales culture within account management.
9. Client Relationships
- Developed and nurtured existing and prospective client relationships by cross-marketing with the firm's retirement plan and executive compensation practices.
- Transform static client relationships through comprehensive marketing and communications project plans for prospects, ensuring transitions from prospect to customer.
10. Sales Process
- Worked with departmental management team to assist providing a successful and complete sales process assuring an overall positive customer experience.
- Restructured and re-energized business development programs through revised metrics analysis, effective sales processes, and sales skills training.
11. Project Management
- Spearheaded development of project management methodology/tools to be used across entire organization, allowing for more efficient/effective project implementation.
- Recruited to improve organizational efficiency as well as lead project management of website development and design of service functions.
12. Business Plan
- Develop and implemented Business plan for newly financed project to provide Outpatient Rehab Services in Assisted Living site throughout Western Pennsylvania.
- Conceived and developed business plan and strategy and successfully brought company to Semifinalist Status for the CleanTech Open for California Region.
13. R
R is a free software environment and a language used by programmers for statistical computing. The R programming language is famously used for data analysis by data scientists.
- Directed the product launch of R Wrap(R) Air Weather Barrier (house wrap).
- Star Trac, Keys Fitness, Control Product, Lyman and Toys R Us.
14. Strategic Plan
- Led corporate strategic planning process; introduced scenario-based strategic planning process to address increased uncertainty and risk in the business environment.
- Key responsibilities included managing and developing the strategic plan, establishing strategic alliances, executing acquisitions and managing post acquisition integration.
15. Market Research
Market research is a collective effort to collect information related to a consumer's needs and wants. It is a systematic approach that involves recording and analysis of both qualitative and quantitative data. Market research helps a business to identify a target market correctly and identify the gaps in potential consumer's expectations.
- Conduct energy market research and feasibility studies for international and domestic business opportunities consistent with the Company s strategy and objectives.
- Conducted competitive and market research, assessing market needs and competitive landscape, identifying product and customer segment opportunities.
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What skills help Vice Presidents, Business Development find jobs?
Tell us what job you are looking for, we’ll show you what skills employers want.
What skills stand out on vice president, business development resumes?
Jonathan Byers
Assistant Director, Virginia Polytechnic Institute and State University
- Professional skills related to career development competencies such as strong oral & written communication, teamwork & collaboration, leadership, problem-solving ability & creativity, and professional integrity, but we recommend that applicants do not just list these skills. They should provide evidence of how they have used them in their work experience, volunteer experience, academic experience, etc.
-The ability to use technology effectively to solve problems or improve collaboration; this could relate to social media management, computer hardware or software skills, proficiency with general programs like Microsoft Office Suite (also being able to demonstrate the use of these skills in various experiences).
-With diversity, equity, and inclusion becoming more important in 2020, the ability to appreciate different points of view, accept and appreciate different cultural backgrounds & types of identities, and increased awareness of one's own cultural biases and assumptions can also be important to market on a resume.
What soft skills should all vice president, business developments possess?
Adegoke Oke Ph.D.
Professor of Supply Chain Management, Arizona State University
What hard/technical skills are most important for vice president, business developments?
Adegoke Oke Ph.D.
Professor of Supply Chain Management, Arizona State University
What vice president, business development skills would you recommend for someone trying to advance their career?
Kaustav Misra Ph.D.
Associate Dean, Central Connecticut State University
The way of doing business will be much more technology orientated. Hence graduates should be ready to unskill and upskill their credentials. This time it is necessary to forget the old way of doing business and learn new skills to get a job or stay in a current job. Soft skills have become much more important than before, but a different soft skill set would be essential to interact with future market participants. Thus, a gap year should be utilized to unskill-upskill and enhance relevant credentials by getting into short-long term programs, training, and workshops would be highly recommended.
What type of skills will young vice president, business developments need?
Dr. Vallari Chandna
Chair and Associate Professor, University of Wisconsin - Green Bay
List of vice president, business development skills to add to your resume
The most important skills for a vice president, business development resume and required skills for a vice president, business development to have include:
- Healthcare
- Business Strategy
- Revenue Growth
- Financial Services
- Business Development
- CRM
- Product Development
- Account Management
- Client Relationships
- Sales Process
- Project Management
- Business Plan
- R
- Strategic Plan
- Market Research
- Business Relationships
- Real Estate
- Due Diligence
- Sales Strategy
- HR
- Strategic Partnerships
- Trade Shows
- ROI
- C-Suite
- Strategic Direction
- RFP
- Direct Sales
- C-Level
- Sales Presentations
- Direct Reports
- Product Line
- Market Analysis
- Sales Pipeline
- DOD
- Capture Management
- Executive Management
- Business Model
- OEM
- Enterprise Sales
- FinTech
- Saas
- Contract Negotiations
- Contract Implementation
- Joint Venture
- Strategic Alliances
- SEO
- Sales Growth
- SBA
- IP
Updated January 8, 2025
