When a company needs a business development director

Share, analyze, and explore game data with enthusiasts
Post Reply
subornaakter40
Posts: 842
Joined: Sat Dec 28, 2024 3:12 am

When a company needs a business development director

Post by subornaakter40 »

Having initially emerged in large Western companies, this position has penetrated into the domestic corporate environment relatively recently. It was introduced mainly in corporations seeking to save on resources. Before that, the functions of the development director were performed directly by the general director, since the development of the company is considered one of the fundamental sets of tasks, simultaneously covering several areas of activity.

A manager responsible for development is iraq business email list needed on staff, firstly, when starting a business, and secondly, for the effective functioning of the enterprise. In the first case, this employee will ensure savings not only in finances, but also in human resources. Quite often, a company suffers significant losses due to hiring employees with low productivity.

An experienced development director is able to correctly allocate financial and human resources, as well as reduce losses due to the loss of valuable personnel.

In the second case, the company, which has been successfully operating for many years, needs such a manager to maintain the company at a given level. In addition, the director of the development department will lead the company out of a crisis if one occurs, using the available resources. He will not only make the company commercially more efficient, but also create some reserve in case of the influence of negative external factors in the global economy. Thus, the company will minimize financial losses or will not incur them at all.

Reducing costs

However, the need for this position is not always clear. To determine this issue for a specific organization, three factors must be taken into account:

The scale of the enterprise's activities, the complexity of its business processes, the degree of homogeneity of the business

The more complex any business activity is and the more diversified it is, the more the company needs a development department.

The company's current position in the market

If an enterprise has strong ambitions to expand its market influence, the formation of a development department will be necessary. Companies that exist in narrow niches and are not interested in developing new markets and territories can do without this department, working according to a standard management system.

Market dynamics

Much also depends on the changing market situation. The faster it changes, the more difficult it is to adapt to new conditions and react to them in a timely manner.


In addition, the management style of the owners and CEO of the company, their personal and business qualities are of great importance. If the management team of the enterprise is not ready to transfer to other people some of the powers concerning strategic issues, then there is no need to form a development department or appoint a head of this department. In such cases, the company's management feels strong enough to solve these problems independently.
Post Reply