Description

Regional business development managers conduct analyses of past, present, and future performance to create projections, planning, and growth models. Regional business development manager are often responsible for seeking potential business opportunities, which requires a good eye for detail, analysis, and judgment. The manager may also supervise, or interact with, teams in their organization such as marketing, research and development, and advertising.

Regional business development managers must have a thorough knowledge of their business and field. This job is primarily based in an office setting, although travel is often required to meet with clients and potential clients. Analytical ability is a must, both for the task of identifying new business opportunities and for presenting such opportunities to upper management. As this involves making pitches to management and to prospective clients, effective oral and written communication skills are essential

A bachelor's degree is frequently preferred for this position, with exceptions made for applicants with significant previous experience relevant to the position. In many cases, the regional business development manager must look for ongoing opportunities for continuing education.

Roles & Responsibilities

As a Regional Business Development Manager with 9+ years of experience in Singapore, your main responsibilities include:

  • Develop and implement strategies to expand the company's market presence and identify new business opportunities. Conduct market research, assess customer needs, and identify potential clients and partnerships for business growth.
  • Build and maintain strong relationships with existing clients, stakeholders, and key decision-makers. Engage with clients regularly to understand their evolving needs and provide solutions to meet their requirements.
  • Lead and manage a team of sales professionals, providing guidance and support to achieve sales targets. Foster a high-performance culture, develop sales strategies, and monitor team performance to optimize results.
  • Analyze market trends, competitor activities, and industry developments to devise effective sales and marketing strategies.

Qualifications & Work Experience

For a Regional Business Development Manager job role, the following qualifications are required:

  • Demonstrated success in achieving sales targets and driving revenue growth in a regional or territory-based role.
  • In-depth understanding of market dynamics, industry trends, and competitive landscape to identify new business opportunities and formulate effective strategies.
  • Ability to build and maintain relationships with key stakeholders, such as clients, partners, and internal teams, to foster collaboration and drive business growth.
  • Capability to analyze complex business situations, identify challenges, and develop innovative solutions to achieve business objectives and overcome obstacles.

Essential Skills For Regional Business Development Manager

1

Sales Strategy

2

Business Development

Skills That Affect Regional Business Development Manager Salaries

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

Sales Strategy

65%

Business Development

11%

Career Prospects

The role of Regional Business Development Manager is crucial in driving growth and expanding business opportunities in Singapore. With a work experience of 9+ years, professionals in this field can consider various alternative roles. Here are following options worth exploring:

  • Sales Director: A leadership role overseeing sales strategies, driving revenue growth, and managing a team of sales professionals.
  • Marketing Manager: Responsible for developing and executing marketing campaigns, building brand awareness, and analyzing market trends to drive business growth.
  • Operations Manager: Focused on optimizing business processes, managing resources, and ensuring operational efficiency to support the company's growth objectives.
  • Strategic Partnerships Manager: A role involving identifying key partnerships, negotiating collaborations, and fostering relationships with external stakeholders for business expansion.

How to Learn

The job role of a Regional Business Development Manager in Singapore is projected to experience significant growth in the market. Over the past 10 years, there has been a consistent increase in the demand for professionals in this role, indicating strong job prospects. As Singapore continues to attract foreign investments and expand its business landscape, the need for skilled individuals to drive business development and growth is expected to rise. Numerous employment opportunities are anticipated to be available in the future, making it an attractive career option for individuals seeking growth and development in the Singaporean market.