Business Development - A1-Business Development & Commercial

2 - 5 years

5 - 8 Lacs

Posted:3 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities:

  • Market Research & Opportunity Identification:

  • Conduct market research to identify new business opportunities and potential clients in target markets.
  • Monitor industry trends, competitor activities, and customer needs to identify opportunities for business growth.
  • Analyze market data to develop actionable insights that can influence the company's commercial strategy.
  • Client Relationship Management:

  • Develop and maintain strong relationships with existing clients, key stakeholders, and potential business partners.
  • Act as the main point of contact for clients, addressing their needs and providing timely responses to inquiries.
  • Conduct meetings and presentations with clients to promote company products/services and drive new business.
  • Sales Strategy & Proposal Development:

  • Support the creation of detailed business proposals, bids, and presentations tailored to client needs.
  • Collaborate with internal teams (e.g., sales, marketing, legal, finance) to develop and present competitive offers.
  • Negotiate terms and conditions of contracts in coordination with senior management and legal teams.
  • Project Coordination & Collaboration:

  • Work closely with internal teams, including project management, engineering, and operations, to ensure smooth delivery of projects and services.
  • Ensure that business development initiatives are aligned with the company's overall objectives and strategic goals.
  • Participate in cross-functional meetings to track the progress of business development activities and provide input on strategies.
  • Sales Performance & Reporting:

  • Track and report on key performance indicators (KPIs) related to business development activities (e.g., revenue generation, client acquisition, market share).
  • Analyze sales performance and provide regular updates to senior management on business development progress.
  • Assist in the preparation of sales forecasts, budgets, and performance reports.
  • Brand Development & Marketing:

  • Support the development of marketing materials, presentations, and collateral to promote company services and products.
  • Contribute to the company's brand awareness initiatives through events, conferences, and digital marketing strategies.
  • Negotiation & Deal Closure:

  • Lead negotiations with clients to secure contracts and close deals in alignment with the company's commercial goals.
  • Ensure all contracts and agreements comply with company policies, legal requirements, and financial guidelines.
  • Continuous Improvement:

  • Identify and implement strategies to improve the efficiency and effectiveness of business development activities.
  • Stay updated on industry best practices and emerging business development trends.

Qualifications & Experience:

  • Educational Qualifications:

  • Bachelor's degree in Business Administration, Marketing, Sales, or a related field.
  • MBA or other relevant post-graduate qualifications are a plus.
  • Experience:

  • Minimum of [X] years of experience in business development, commercial strategy, or sales, ideally in [industry].
  • Proven track record of successfully identifying and converting new business opportunities.
  • Experience in developing and presenting business proposals, negotiating contracts, and managing client relationships.

Skills & Competencies:

  • Business Acumen:

  • Strong understanding of business development processes, including sales strategies, market analysis, and contract negotiation.
  • Ability to identify and capitalize on business opportunities to drive revenue growth.
  • Communication & Negotiation:

  • Excellent verbal and written communication skills, with the ability to engage and persuade stakeholders at all levels.
  • Strong negotiation skills and the ability to build lasting client relationships.
  • Strategic Thinking & Problem Solving:

  • Ability to develop and implement business strategies that align with the company's long-term goals.
  • Strong analytical skills to assess market conditions and identify areas for growth.
  • Team Collaboration:

  • Ability to collaborate with internal teams, including marketing, sales, and operations, to deliver seamless service and achieve business goals.
  • Strong teamwork skills with the ability to work cross-functionally to drive business initiatives.
  • Time Management & Organizational Skills:

  • Excellent time management skills with the ability to prioritize tasks and meet deadlines.
  • Ability to handle multiple projects simultaneously and adapt to changing priorities.
  • Customer Focus:

  • Strong customer-centric approach with the ability to understand client needs and deliver tailored solutions.
  • Ability to build and maintain long-term relationships with clients and key business partners.

Desirable Qualities:

  • Experience working in [specific industry, e.g., engineering, construction, technology, etc.].
  • Knowledge of CRM tools (e.g., Salesforce) and other business development software.
  • Ability to travel for client meetings, events, and conferences as required.

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Tata Consulting Engineers

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