Vice President (VP), Business Development

One of the major responsibilities for vice presidents of business development is developing and executing company sales and marketing plans, including implementing new ideas and tools for the company. They provide direction and planning for the company and oversee the workings of the company. A vice president of business development must work closely with a team of salespeople, management and lower-level employees.

Vice presidents of development must secure contracts with new customers, as well as manage ongoing contracts. They also write proposals for new and existing clients, identify and set company goals, and create plans to achieve goals. Vice presidents of development must develop and maintain a network of contacts within and outside of the company. These professionals generally work a standard 40-hour week during business hours in an office setting, although they may travel for business occasionally.

Vice presidents of development typically are required to have a bachelor’s degree in a relevant field such as business administration or marketing; an MBA is preferable. Several years of management experience is preferred. Vice presidents of development also must be collaborative individuals with strong interpersonal skills. They must be motivated, ambitious and possess exceptional communication skills, both written and verbal. Strong negotiation skills are also required, and they must be analytical problem solvers. They must have demonstrated leadership ability and a well-rounded knowledge of the company in order to effectively carry out their duties.

As a Vice President VP, Business Development with 0-3 years of experience in Singapore, your main responsibilities include:

• Conduct market research to identify new business opportunities, assess market trends, and analyze competitor strategies.
• Assist in developing and executing business development strategies to expand the company's client base and increase revenue.
• Collaborate with cross-functional teams to create and deliver compelling presentations and proposals to potential clients.
• Track and report on business development activities, including lead generation, pipeline management, and sales targets, to senior management.

For a Vice President (VP), Business Development job role, the following qualifications are required:

• Strong strategic thinking and planning skills to identify new business opportunities, analyze market trends, and develop effective business development strategies.
• Proven track record of successfully driving revenue growth and achieving sales targets in a business development or sales leadership role.
• Exceptional communication and negotiation skills to build and maintain relationships with key stakeholders, including clients, partners, and internal teams.
• Leadership qualities to lead and inspire a team of business development professionals, providing guidance, mentorship, and support to achieve organizational objectives.

The role of Vice President VP, Business Development is crucial for driving growth and expanding business opportunities. For professionals with 0-3 years of experience in Singapore, there are several alternative roles to consider. Here are following options to explore:

• Sales Executive: A role focused on generating leads, acquiring new customers, and driving sales revenue.
• Marketing Coordinator: A position that involves supporting marketing campaigns, conducting market research, and coordinating promotional activities.
• Business Analyst: A role that focuses on analyzing market trends, gathering and interpreting data, and providing strategic insights to drive business growth.
• Project Manager: A position that involves overseeing the planning, execution, and delivery of various business development projects, ensuring successful outcomes.

The role of Vice President (VP) in Business Development in Singapore is projected to experience substantial growth in the market. Over the past 10 years, this job role has witnessed a consistent increase in demand and relevance. The dynamic nature of the Singaporean market indicates a positive trajectory for this position. As companies continue to expand and invest in the region, the need for experienced business development professionals at the executive level will rise. Consequently, there will be numerous employment opportunities available for individuals aspiring to secure VP roles in business development in Singapore.