Month: June 2013

Team Management & Leadership

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Hello “interested business developer” welcome to this week’s post. Last week it was all about getting to know WHAT business development is and also knowing WHO orchestrates business development – the business developer. This week we continue on our interesting quest of  HOW a business developer brings about sustainable business development.                                                                                       Team Development Right

Team Leadership and Management

A good business developer strives to achieve sustainable business development by motivating and developing his or her team to continuously improve their performance. Business developer’s are well vested with insights into the roles and responsibilities of being a supervisor, understands and practices effective leadership and uses techniques that will get the best out of every team member.

As a business developer you will not always be a member or in charge of a team that is understanding and easy to work with. There might be cases where a team member or a number of team members will step on the toes of others or feel misunderstood by other members and engage in actions that might hamper the success of the team. It is at this point in time that the BUSINESS DEVELOPER exhibits good management approach to take care of difficult people and difficult situation.

Time management is key to the development of an organization. Good business developers are equipped with the necessary skills to plan and deliver efficient business solutions with the conscious effort on delivering just in time. Business developer also knows how to avoid activities that steal precious time from the organization.

In the later section of last week’s post, feedback was mentioned as an important tool for the business developer to use in interacting with his or her team. This week I will like to reiterate the importance of feedback to the business developer and the organization. Feedback helps the business developer to understand his or her team, the challenges they are facing and the way the problem is evolving. Feedback is to facilitate better communication, organization, planning and control of the team’s activities. As important as feedback is to the business developer, he or she has to pay detail attention to the events happening around so as to evaluate feedback properly.

What more does a business developer do to achieve sustainable business development? Stay tuned to our next blog post for more tricks and tips. Please don’t forget to leave your comments on this post, visit our website or follow us on Facebook.

Cheers.

What is Sustainable Business Development

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Most business owners are looking for new ways to get their products out into the market and known by consumers. They are also looking for ways of making sure they continue to stay in business by adapting to the fast changing business environment. The question they find themselves asking time and time again is HOW to do this. In the weeks ahead the discussion will be centered around Sustainable Business Development and answering the important question of HOW to develop a business in a sustainable manner. Today’s post will start off by looking at what business development is and as always the rest of the goodies regarding sustainable business development will be unraveled.  

Business development is a term which takes its roots from the world of business and commerce. It generally comprises tasks and processes that are designed to develop and bring about sustainable growth in a business. In today’s dynamic and vibrant business environment, the fusion of information technology with traditional business practices, advance marketing techniques, detailed accounting of activities, ground breaking sales and customer relations development all form part of business development. We have made an attempt to give meaning to WHAT business development is, but the question of WHO brings about business development needs to be addressed.  

Through the use of analytical thinking and problem solving the business developer is tasked to find potential growth opportunities and implement best strategies and practices that will help an organization take maximum advantage of its opportunities. In the implementation of task and processes that will bring about potential growth opportunities, it is key for the business developer to pay close attention to feedback from the organizations working units such as production, marking, sales, and operations. Oops that tip wasn’t supposed to come out until later. But I guess now we know feedback is key in bring about sustainable business development. What more does a business developer do to achieve sustainable business development? Stay tuned to our next blog post for more tricks and tips. To learn more about what has been discussed in this blog post, visit us at www.sigmastrat.com .

Cheers Mate.