Key Responsibilities and Required Skills for Business Development Director
💰 $130,000 - $240,000
Business DevelopmentSalesStrategyPartnershipsGo-to-Market
🎯 Role Definition
The Business Development Director is a senior revenue leader charged with creating and executing scalable business development and partnership strategies that accelerate new customer acquisition, expand existing accounts, open new markets, and maximize lifetime customer value. This role blends strategic planning, hands-on pipeline development, executive-level negotiation, and cross-functional leadership to deliver measurable revenue outcomes, build high-performing BD teams, and represent the company with key partners and stakeholders.
📈 Career Progression
Typical Career Path
Entry Point From:
- Senior Account Executive / Enterprise Account Manager with consistent over-quota performance
- Head of Partnerships or Strategic Alliances with experience scaling partner ecosystems
- Sales Director or Regional Sales Manager with territory P&L ownership
Advancement To:
- Vice President, Business Development
- Chief Revenue Officer (CRO) or Head of Revenue
- Global Head of Partnerships / Strategic Alliances
Lateral Moves:
- Head of Go-to-Market Strategy
- Director of Strategic Accounts
- Product Strategy or Customer Success Leadership roles
Core Responsibilities
Primary Functions
- Define and execute a comprehensive business development strategy aligned to company growth targets, including new market entry plans, prioritized segments, and target account lists to achieve annual revenue and ARR goals.
- Build, manage, and own a high-value sales pipeline by identifying, engaging, and qualifying qualified prospects through outbound and inbound channels, aiming to convert opportunities into multi-year enterprise agreements.
- Lead complex, multi-stakeholder negotiations for enterprise contracts, including commercial terms, pricing models, SLAs, renewals, and partnership agreements, ensuring favorable outcomes while balancing risk and compliance.
- Establish and scale strategic partnerships and alliances (channel partners, resellers, platform integrations) including partner recruitment, onboarding, enablement, joint GTM planning, and measurement of partner-driven revenue.
- Create and own forecasting and reporting processes for business development activities, maintain accurate pipeline metrics in CRM (e.g., Salesforce), and present monthly/quarterly revenue and pipeline reviews to executive leadership and the board.
- Design go-to-market (GTM) plays and account-based sales motions with sales, marketing, and product teams to accelerate deal cycles in target segments and increase win rates for enterprise opportunities.
- Develop pricing strategies and commercial models (subscription, usage-based, enterprise licensing) informed by market research, competitor analysis, and margin objectives to optimize deal economics and long-term customer value.
- Hire, mentor, and lead a team of business development managers and alliance leads, including setting clear KPIs, conducting performance reviews, delivering coaching, and creating career development plans to scale the function.
- Collaborate closely with Product and Engineering to translate customer and partner feedback into product roadmaps, prioritize features that unlock incremental revenue, and coordinate pilot programs for strategic customers.
- Drive demand generation alignment with marketing by defining ideal customer profiles (ICPs), refining messaging and sales collateral, running targeted campaigns, and participating in lead qualification to improve conversion rates.
- Own the RFP and proposal process for strategic opportunities, coordinate cross-functional contributors (legal, finance, product), craft persuasive value-based proposals, and ensure timely and compliant submissions.
- Partner with Legal, Finance, and Compliance teams to ensure contract terms, partnership agreements, and commercial arrangements meet organizational policies, mitigate risk, and protect company interests.
- Lead win/loss analysis to identify patterns in buyer behavior, pricing sensitivity, competitor positioning, and product fit; translate insights into tactical process improvements and strategic pivots.
- Negotiate and structure channel partner programs, partner tiers, and incentive frameworks that drive partner activation, loyalty, and predictable partner-originated revenue streams.
- Drive customer reference and case study programs by identifying successful implementations, coordinating customer storytelling, and leveraging references in large deal pursuits.
- Represent the company at industry conferences, investor and analyst meetings, customer advisory boards, and executive briefings to build brand credibility and generate qualified pipeline.
- Create and manage annual BD budgets, including resource allocation, travel, events, and partnership investments, and measure ROI of business development initiatives against target KPIs.
- Implement and continuously improve CRM processes and sales enablement tools to ensure pipeline hygiene, accurate forecasting, and efficient handoffs between sales, pre-sales, and customer success.
- Lead cross-functional commercial negotiations that involve product customizations, professional services, implementation timelines, and acceptance criteria to ensure on-time delivery and customer satisfaction.
- Drive post-sale expansion strategies by identifying upsell and cross-sell opportunities, coordinating with account teams, and designing success plans that increase average contract value and retention.
- Serve as a senior escalation point for large deals and priority customers, resolving issues, aligning executive stakeholders, and ensuring successful outcomes that protect revenue and relationships.
- Establish measurable KPIs for the business development organization—such as pipeline coverage ratios, average deal size, sales cycle length, win rate, partner-sourced revenue—and use data to drive continuous improvement.
Secondary Functions
- Collaborate with marketing to craft high-impact sales collateral, pitch decks, and solution briefs optimized for target verticals and buyer personas.
- Support product positioning and pricing experiments by providing commercial insights and customer feedback to inform A/B testing and pilot pricing models.
- Facilitate quarterly business reviews (QBRs) with strategic customers and partners to surface growth opportunities and strengthen executive relationships.
- Participate in investor and board meetings as needed to present GTM progress, pipeline health, and strategic partnership outcomes.
- Drive internal enablement programs and sales training to ensure consistent messaging, negotiation skills, and competitive win strategies across the commercial organization.
- Oversee market intelligence efforts to track competitor moves, regulatory changes, and emerging trends that could impact go-to-market strategy.
- Manage and optimize the partner onboarding process to shorten time-to-first-revenue and improve partner satisfaction and retention.
- Coordinate with legal and procurement to standardize contracts and SLAs, streamlining negotiation cycles for recurring deal types.
Required Skills & Competencies
Hard Skills (Technical)
- Strategic account planning and enterprise sales strategy development with demonstrable revenue outcomes.
- Expert negotiation and contract structuring skills for multi-million dollar deals and international agreements.
- CRM proficiency (Salesforce preferred) including pipeline hygiene, custom reporting, and opportunity management.
- Financial acumen: P&L awareness, deal modeling, ROI analysis, pricing strategies, and margin optimization.
- Partnership management: channel program design, partner enablement, co-selling processes, and partner performance metrics.
- Market research and competitive analysis techniques to inform GTM prioritization and product differentiation.
- Experience with RFP management, proposal development, and commercial response coordination.
- Familiarity with SaaS commercial models (ARR, MRR, churn, usage-based pricing) and subscription business metrics.
- Data-driven forecasting and KPI tracking using Excel, BI tools (e.g., Tableau, Looker), or analytics platforms.
- Sales enablement tooling knowledge: proposal automation, CPQ, sales engagement platforms (e.g., Outreach, SalesLoft), and demo environments.
- Contract lifecycle management and collaboration with legal teams for NDAs, MSAs, and SLAs.
- Cross-border deal experience, including localization, compliance, and international business operations.
Soft Skills
- Executive presence and persuasive communication—ability to influence C-suite stakeholders and present compelling business cases.
- Strong leadership and team development skills with an emphasis on coaching, hiring, and scaling high-performing BD teams.
- Strategic thinker with the ability to translate long-term vision into executable quarterly plans and sprint-level activities.
- Resilience and adaptability in fast-paced environments with shifting priorities and complex stakeholder landscapes.
- Customer-centric mindset with deep empathy for buyer challenges and a commitment to delivering measurable customer value.
- Exceptional stakeholder management and cross-functional collaboration skills across sales, product, marketing, legal, and finance.
- Problem-solving orientation and decisiveness under ambiguity, turning incomplete data into prioritized actions.
- Time management and organizational skills to juggle concurrent high-priority deals and strategic initiatives.
- Influence without authority—ability to galvanize internal teams and external partners to execute joint GTM plans.
- Strong presentation and storytelling capability tailored to different audiences: technical, commercial, and executive.
Education & Experience
Educational Background
Minimum Education:
- Bachelor's degree in Business Administration, Marketing, Finance, Economics, Engineering, or related field.
Preferred Education:
- MBA or other advanced degree in business, strategy, or a technical discipline preferred for leadership roles and complex deal negotiation.
Relevant Fields of Study:
- Business Administration / Management
- Marketing / Strategic Marketing
- Finance / Economics
- Engineering (for technical product companies)
- International Business / Trade
Experience Requirements
Typical Experience Range:
- 8–15+ years of progressive experience in sales, business development, partnerships, or GTM leadership roles.
Preferred:
- 10+ years in B2B enterprise sales or strategic partnerships with a proven track record of closing multi-million-dollar deals.
- Prior experience leading and scaling a business development team, designing partner programs, and driving ARR growth.
- Experience in target industry or product type (SaaS, enterprise software, technology platforms, fintech, healthcare, or industrial sectors) is highly desirable.
- Demonstrated success working cross-functionally with product, marketing, legal, and finance teams, and operating at the executive level with external stakeholders.