What are the responsibilities and job description for the Director New Business Development position at Myers Industries, Inc.?
Myers Industries, Inc. Director New Business Development Cincinnati, Ohio Apply Now
Job Overview : The New Business Development Director will focus on projects with a long-term strategic approach to drive future growth and expansion for the organization. The Director will be involved with supporting and assessing projects at every stage from discovery to launch on both the back and front ends of the process.
Development and implementation of financial and business plans.
Stage-Gate preparation and representation.
Strong Culture and Supporting Leadership.
Cultivating healthy customer relationships.
Duties and Responsibilities :
Future Market Analysis : The leader conducts comprehensive research and analysis to identify emerging markets, technologies, and trends that are likely to shape the industry in the next 3-5 years. They keep a pulse on technological advancements, regulatory changes, and market disruptions that could impact the company's business landscape.
Scenario Planning : The leader engages in scenario planning exercises to anticipate and prepare for different future possibilities. They analyze potential market scenarios, assess risks and opportunities, and develop strategies to position the company for success in each scenario. This helps the company adapt and stay ahead of the competition in a rapidly changing business environment.
Strategic Partnerships : The leader focuses on building strategic partnerships with other companies, industry players, and startups that align with the company's long-term goals. These partnerships may involve joint ventures, licensing agreements, technology collaborations, or other forms of strategic alliances to leverage complementary strengths and access new markets.
Innovation and R&D : The leader collaborates with the research and development (R&D) teams to drive innovation initiatives that fuel future growth. They identify new product or service opportunities, assess market viability, and work closely with the R&D team to develop and launch innovative solutions that meet customer needs and anticipate future demands.
Long-Term Sales and Revenue Strategies : The leader develops long-term sales and revenue strategies that align with the company's growth objectives. They assess potential sales channels, distribution networks, and pricing models to maximize revenue streams and identify new business opportunities that will contribute to sustainable growth over the next 3-5 years.
Industry Thought Leadership : To position the company as a leader in the industry, the leader actively participates in industry events, conferences, and forums. They engage in thought leadership activities by sharing insights, presenting on industry trends, and building relationships with key stakeholders. This helps to establish the company as a trusted advisor and enhances its reputation as a forward-thinking organization.
Talent Development : The leader focuses on building and developing a high-performing team capable of executing long-term growth strategies. They identify talent gaps, recruit top talent, provide mentorship and training, and create a culture of innovation and strategic thinking within the business development team.
Knowledge, Skills, and Abilities :
Possess strong leadership and managerial skills.
Strong financial acumen to develop clear and fact-based recommendations and actionable plans.
Able to multitask, prioritize, and manage time efficiently.
Goal-oriented, organized team player.
Encouraging to team and staff; able to mentor and lead.
Self-motivated and self-directed.
Able to perform effectively under pressure.
Excellent interpersonal relationship skills.
Intermediate computer skills, and experience with CRM software and the Microsoft Office Suite, with emphasis on superior Excel skills.
Keep a pulse on the job market with advanced job matching technology.
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right.
Surveys & Data Sets
What is the career path for a Director New Business Development?
Sign up to receive alerts about other jobs on the Director New Business Development career path by checking the boxes next to the positions that interest you.