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 3-6 years of experience in the United Arab Emirates industry, your main responsibilities include:

  • Identify and establish strategic partnerships with key stakeholders to drive business growth and expand market reach.
  • Develop and implement partnership strategies, including negotiating and managing contracts, to ensure mutually beneficial outcomes for all parties involved.
  • Collaborate with cross-functional teams to develop joint marketing and sales initiatives, leveraging partner networks to drive brand visibility and generate leads.
  • Monitor and analyze partnership performance, track key metrics, and provide regular reports to senior management to support strategic decision-making and optimize partnership effectiveness.

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

Career Prospects

The role of a Strategic Partnership Manager is crucial for fostering business relationships and driving growth. For professionals with 3-6 years of experience in the field, here are four alternative roles to consider:

  • Business Development Manager: This role involves identifying and pursuing new business opportunities, expanding the customer base, and driving revenue growth.
  • Key Account Manager: A position focused on building and maintaining relationships with key clients, ensuring customer satisfaction, and maximizing account profitability.
  • Marketing Manager: This role entails developing and executing marketing strategies, conducting market research, and driving brand awareness and customer acquisition.
  • Product Manager: A position that involves overseeing the development and launch of new products, conducting market analysis, and driving product strategy and innovation.

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.