Business Development Manager

Job Description

We are currently seeking a Business Development Manager to join our team at Alaqtar. In this role, you will be responsible for overseeing and monitoring business development activities, strategies, and action plans that promote our companys growth by developing new business channels, identifying lucrative opportunities, and seeking expansion of existing business relationships.Duties & Responsibilities:

• Develop the departments work plan and assign related activities to serve the achievement of the divisions objectives
• Participate in setting the objectives and key performance indicators (KPIs) related to the department that meets the set goals of the division
• Supervise the implementation of the departments plans, monitor workflow, and ensure adherence to policies and procedures
• Ensure that work activities are carried out according to the pre-set performance objectives and suggest any necessary actions to the direct supervisor
• Contribute to the divisions budget by setting the departments budget, as well as monitoring and regulating the departments expenditures
• Manage and enhance our companys business development plans, based on the outcomes and insights gained from relevant studies and analysis in order to meet or exceed established strategic business objectives
• Oversee the identification of new relevant stakeholders such as potential partners, landowners, governmental entities, regulatory bodies, and others, and facilitate the creation of networking opportunities
• Establish a strong network with relevant stakeholders and maintain effective rapport with them
• Oversee the process of analyzing the market research results, customer analysis, industry studies, and reports, among others, in order to identify new market segments and take the lead in seizing potential opportunities
• Ensure a proper understanding of our companys capabilities, strengths, and competitive advantage, in order to evaluate the identified business opportunities in terms of their compatibility with such
• Study potential business partners, analyze their capabilities and the value they may add to our companys business lines, in order to build a proper understanding before establishing contact and initiating negotiations
• Plan the process of keeping track of competitors activities, business lines, and delivered services, in order to find new ways and opportunities for utilizing our companys capabilities to achieve new competitive advantages
• Utilize our companys business plan and opportunistic business models to source deals and opportunities that align with our companys vision
• Validate and review all developed proposals, reports, and presentations to potential clients, ensuring their alignment with the functions policies and standards
• Supervise the update of the business development database containing all relevant information and reports regarding previous, current, and potential business development opportunities, and partners, as well as ensuring that it is arranged in a systematic manner that supports it
• Attend industry-related events, exhibitions, seminars, conferences, and trade shows in order to assess the feasibility of penetrating new markets, segments, and territories
• Prompt the exploration of new technologies, products, and opportunities, in order to provide recommendations to enhance and reinforce our companys capabilities and value stream
• Perform any other duties related to the job as assigned by the direct supervisor

• Bachelors degree in Business Administration or any related field
• Minimum 7 years of experience in the same field
• Real Estate experience is preferred

Keyskills :
Networking Market Research Negotiation Presentation Strategic Planning Business Plan Event Management Budgeting Business Administration Business Development Competitive Analysis Stakeholder Management

About Company

Who is Hilti Hilti is where innovation is improving productivity, safety and sustainability in the global construction industry, and beyond. Where strong customer relationships are creating solutions that build a better future. Where there is pride and a sense of belonging across our 120 locations, carrying right into our lives and homes. Where people are exploring possibilities, leveraging their potential, owning their personal development and growing lasting careers.