Job Overview:
Market Research and Analysis
โข Conduct market research to identify trends, opportunities, and competitive landscapes.
โข Analyze industry developments and assess their potential impact on the business.
Client Relationship Management
โข Cultivate and maintain relationships with existing clients to ensure satisfaction and repeat business.
โข Engage with potential clients to introduce services and solutions offered by the company.
โข Conduct regular follow-ups and feedback sessions to address client needs.
Strategic Planning
โข Develop and implement business development strategies to achieve growth targets.
โข Identify and prioritize target markets and sectors for new business opportunities.
โข Collaborate with senior management to align business development initiatives with company goals.
Sales and Marketing
โข Prepare and deliver persuasive sales presentations to prospective clients.
โข Develop and manage the sales pipeline, including monitoring leads and conversions.
โข Collaborate with the marketing team to create promotional materials and campaigns that highlight the company's offerings.
Proposal Development
โข Develop and write proposals, presentations, and reports for potential clients.
โข Collaborate with cross-functional teams to tailor proposals that meet client requirements.
Networking and Partnerships
โข Attend industry conferences, trade shows, and networking events to connect with potential clients and partners.
โข Identify potential partnerships and alliances that can enhance service offerings or expand market reach.
Financial Analysis
โข Assist in budgeting and financial forecasting to assess project viability.
โข Evaluate pricing strategies to ensure competitiveness and profitability.
Project Management
โข Oversee the execution of business development initiatives and ensure alignment with operational capabilities.
โข Collaborate with project teams to ensure client expectations are met and exceeded.
Reporting and Performance Tracking
โข Prepare regular reports on business development activities, performance metrics, and progress towards goals.
โข Analyze performance data to refine strategies and improve future outcomes.
Team Collaboration and Leadership
โข Work closely with various departments such as operations, finance, and marketing to coordinate efforts and share insights.
โข Provide guidance and mentorship to junior staff in business development operations.
Compliance and Risk Management
โข Ensure all business development activities align with relevant legal and regulatory requirements.
โข Identify potential risks in business dealings and devise mitigation strategies.
Continuous Improvement
โข Stay updated with industry trends, best practices, and technological advancements.
โข Advocate for adopting innovative solutions to improve service delivery and operational efficiency.
Qualifications:
โข Conduct market research to identify trends, opportunities, and competitive landscapes.
โข Bachelorโs degree in Business Administration, Hospitality Management, or a related field. Masterโs degree preferred.
โข Minimum of 5-7 years of project management experience within the hospitality or related industries.
โข Proven track record in managing complex projects with multiple stakeholders.
โข Strong knowledge of hospitality operations, trends, and best practices.
โข Certifications in project management (e.g., PMP, PRINCE2) are preferred.
โข Excellent leadership, communication, and interpersonal skills.
โข Strong analytical and problem-solving abilities.
โข Proficient in project management software (e.g., Microsoft Project, Asana, Trello) and Microsoft Office Suite.