Wednesday, January 02, 2008

Pillars for Success of a BDM

A seasoned BizDev resource tells me that following skills are pillars for success of a business development manager:

  • Negotiation Skills with proper business conduct
  • Business Modeling with ROI asset evaluation
  • Organizational Maturity Skills
  • Deal Strategy Skills

Whats your opinion?

2 comments:

SDKHS said...

I would add a few more pillars just to reinforce the foundations :) - Innovation, Entrepreneural skills and most fundamentally very incisive business networking skills. I think the rest is the implementation part of it.

Vaibhav Bhandari said...

Very True DJ, networking is the foundation - not only outside but inside you organization as well! Innovation more like thinking outside the box. Entrepreneur skills are very broad and i would say a BDM is subset of it :).