Description

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 or 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.

Roles & Responsibilities

As a Strategic Partnership Manager with 6-9 years of experience in the AE:

  • Build and maintain relationships with key partners, ensuring effective collaboration and mutual growth.
  • Identify and pursue strategic partnership opportunities that align with the company's objectives and target market.
  • Develop and negotiate partnership agreements, including terms, deliverables, and performance metrics.
  • Monitor and analyze partnership performance, identifying areas for improvement and implementing strategies to maximize value and outcomes.

Qualifications & Work Experience

The Strategic Partnership Manager (SPM) is accountable for establishing and maintaining solid strategic relationships with key partners in order to help drive business growth and meet corporate goals. They evaluate partnerships as well as create and oversee contracts and work with teams across functional lines to ensure the successful execution strategies. Strategic Partnership Managers Strategic Partnership Manager also assesses the market and competitor activity to devise innovative strategies to improve partnerships and increase the potential for sales. This job requires exceptional communication abilities, strong negotiation skills and a strategic approach.

Essential Skills For Strategic Partnership Manager

1

Contract Drafting

2

Business Development

3

Management Accounting

Skills That Affect Strategic Partnership Manager Salaries

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

Strategic Partnership

36%

Career Prospects

The role of Strategic Partnership Manager is crucial in establishing and nurturing business relationships. With 6-9 years of experience in the AE, professionals can explore various alternative roles. Here are four options to consider:

  • Business Development Manager: A role focused on identifying and securing new business opportunities, expanding market reach, and fostering strategic partnerships.
  • Account Manager: A position dedicated to managing client accounts, building strong relationships, and maximizing customer satisfaction and retention.
  • Marketing Manager: A role involving developing and implementing marketing strategies, conducting market research, and driving brand awareness and promotion.
  • Product Manager: A position centered around managing the life cycle of products, conducting market analysis, defining product strategies, and coordinating cross-functional teams for successful product launches.

How to Learn

The job role of a Strategic Partnership Manager in the United Arab Emirates is projected to experience significant growth in the market. This growth can be attributed to the increasing emphasis on collaboration and strategic alliances in business settings. According to a 10-year analysis, the demand for Strategic Partnership Managers is expected to rise steadily, with a consistent increase in employment opportunities. This prediction aligns with data sourced from Google, which indicates a surge in job postings for this role. The latest data points further support the positive trajectory of Strategic Partnership Manager positions, indicating a promising future in this field.