Description

Commercial directors are in charge of directing commercial endeavors for their organization. They are responsible for managing advertising efforts and interacting with staff and external individuals to increase brand loyalty and awareness. Commercial directors must identify product or services deficiencies and suggest changes. They must oversee these changes and help create methods to track progress. Generally, these directors lead a group of marketing, advertising, and sales professionals to reach company goals; this may require coaching, disciplining, and providing feedback to team members as necessary.

One of the commercial director's main functions is improve create strategies for improved sales and team management. They also conduct long-term planning and develop schedules according to goals and deadlines, as well as develop performance metrics and goals for their team. In all tasks, commercial directors must follow company procedures and privacy regulations as applicable. Typically, commercial directors report their progress to the chief executive officer in their organization.

A bachelor's degree in project management, commercial development, business analysis, or a related field is required for this position. Previous experience in a related position may be preferred, as may managerial experience. Commercial directors must have excellent organizational skills, work well in a team environment, and have a working knowledge of relevant business methodologies.

Roles & Responsibilities

As a Commercial Director with 9+ years of experience in Singapore, your main responsibilities include:

  • Leading business development activities and identifying new market opportunities to drive revenue growth.
  • Developing strategic partnerships and managing client relationships to enhance business performance.
  • Overseeing sales and marketing initiatives, setting targets, and ensuring the achievement of sales objectives.
  • Providing guidance and leadership to the sales team, fostering a high-performance culture, and implementing effective sales strategies to meet organizational goals.

Qualifications & Work Experience

For a Commercial Director job role, the following qualifications are required:

  • Extensive experience in leading and managing teams, ideally at a senior executive level.
  • Strong strategic thinking and business acumen to drive revenue growth and market expansion.
  • In-depth knowledge of sales and marketing strategies, customer relationship management, and market trends.
  • Proficiency in financial management, budgeting, and forecasting to optimize profitability.

Essential Skills For Commercial Director

1

Commercial Bonds

Skills That Affect Commercial Director Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Commercial Bonds

2%

Career Prospects

The role of a Commercial Director with 9+ years of experience in Singapore is vital for driving business growth and maximizing profitability. Professionals in this field can explore alternative roles that capitalize on their expertise. Here are following options to consider:

  • Business Development Manager: A position focused on identifying new opportunities, building strategic partnerships, and expanding the organization's customer base.
  • Marketing Manager: A role that involves creating and implementing effective marketing strategies, conducting market research, and managing brand positioning.
  • Sales Manager: A position responsible for leading and motivating a sales team, setting sales targets, and developing strategies to achieve revenue goals.
  • Operations Manager: A role that focuses on optimizing business operations, streamlining processes, and ensuring efficient resource allocation.

How to Learn

The job role of Commercial Director in Singapore is projected to witness significant growth in the market. Over the past 10 years, this role has experienced steady expansion, with a rising number of companies recognizing the importance of effective commercial strategies. Reports suggest that this trend will continue in the future, offering numerous employment opportunities. Furthermore, the demand for Commercial Directors is expected to surge due to Singapore's strategic location, strong economic growth, and its position as a global business hub. With increasing global trade and expanding markets, the role of Commercial Director presents a promising and rewarding career option in Singapore.