Strategic Partnership Manager

Strategic partnership managers are responsible for cultivating and maintaining relationships among business partners while also developing strategies to increase revenue for their companies. These managers are employed primarily by corporate firms, educational institutions, and non-profit organizations; while they generally work alone, they may also serve as a head of a department of strategic partnership.

Those in this position have a variety of responsibilities which, in some positions, may change on a regular basis. These include: developing and maintaining business relationships and designing policies which allow partnerships to thrive; identifying opportunities for new partnerships; strengthening existing relationships and collaborations; attending workshops; building professional networks; enforcing legally-binding contracts; interpreting laws involved in contracts for senior managers; monitoring changes in legal regulations; developing and executing plans for strategic growth; conducting market research; synthesizing reports of business metrics; negotiating contracts with strategic partners; and attending meetings to serve as representatives of their organizations.

A bachelor’s degree in business, administration/management, communications, or a related field is generally required for this position, and applicants should be strategic thinkers with amiable personalities, positive outlooks, and expert communication skills. Organizational skills and the ability to thrive in a fast-paced environment are also beneficial.

As a Strategic Partnership Manager with 0-3 years of experience in Singapore, your main responsibilities include:

• Identify potential strategic partners and conduct market research to evaluate their suitability for collaboration. Research and evaluate potential strategic partners for collaboration opportunities.
• Build and maintain relationships with existing and potential partners through regular communication and meetings. Nurture and cultivate relationships with partners through effective communication and regular meetings.
• Collaborate with internal teams to develop partnership proposals and negotiate terms of agreements. Work with internal teams to create proposals and negotiate terms of partnership agreements.
• Track and analyze partnership performance metrics, identify areas of improvement, and implement strategies to enhance partnerships.

For a Strategic Partnership Manager job role, the following qualifications are required:

• Strong business acumen and strategic thinking abilities to identify and assess potential partnership opportunities, aligning them with the company's objectives and vision.
• Excellent negotiation and relationship-building skills to engage with potential partners, fostering collaborative and mutually beneficial partnerships.
• Exceptional communication and presentation skills to effectively present ideas and proposals, influencing stakeholders and key decision-makers.
• Proven track record in driving successful strategic partnerships, demonstrating the ability to manage complex projects, negotiate contracts, and drive results.

The role of a Strategic Partnership Manager is essential in Singapore, particularly for professionals with 0-3 years of experience seeking growth opportunities. Here are following alternative roles to consider:

• Business Development Associate: A position centered on identifying and pursuing new business opportunities, building relationships, and expanding the company's market reach.
• Marketing Coordinator: A role focused on supporting marketing campaigns, conducting market research, coordinating events, and managing marketing materials.
• Account Manager: A position involving maintaining and strengthening relationships with existing clients, identifying upselling and cross-selling opportunities, and ensuring client satisfaction.
• Project Coordinator: A role that entails coordinating and overseeing various projects, collaborating with cross-functional teams, managing timelines, and ensuring successful project delivery.

The Strategic Partnership Manager role in Singapore is predicted to experience significant growth in the market. Over the past 10 years, the job has gradually evolved to becoming an essential component of business development strategies. The increasing demand for building relationships with external stakeholders, such as business partners and clients, suggests that this trend will continue. With Singapore's flourishing economy, the number of employment opportunities in this field is expected to grow considerably in the future. Google data supports this projection, reflecting the rising importance of strategic partnerships in driving business success.