Head of Business Development

Career Guide
The Head of Business Development is responsible for leading the business development team, identifying new market opportunities, building relationships with partners and clients, and driving revenue growth. They develop strategic plans to expand the company's reach and foster long-term growth.

Key Responsibilities

  • Develop and implement business development strategies to drive revenue growth.
  • Lead and manage a team of business development professionals.
  • Identify and pursue new market opportunities and partnerships.
  • Build and maintain relationships with key clients and stakeholders.
  • Collaborate with other departments to ensure alignment on business goals.

Top Skills for Success

Strategic Planning
Relationship Building
Market Analysis
Leadership
Sales Strategy

Career Progression

Can Lead To
Chief Business Officer
VP of Business Development
Transition Opportunities
CEO
Entrepreneur

Common Skill Gaps

Often Missing Skills
Digital Transformation KnowledgeAdvanced Data Analysis
Development SuggestionsConsider enrolling in executive education programs focused on digital strategies and data analytics to bridge skill gaps.

Salary & Demand

Median Salary Range
Entry Level$120,000 - $150,000
Mid Level$150,000 - $180,000
Senior Level$180,000 - $220,000
Growth Trend
The demand for Heads of Business Development is growing as companies seek to expand their market presence and drive growth in competitive markets.

Companies Hiring

Major Employers
AmazonGoogle
Industry Sectors
TechnologyFinance

Recommended Next Steps

1
Network with industry leaders to gain insights and new opportunities.
2
Pursue advanced certifications in business development or strategic management.

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