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What are the roles and responsibilities of a business developement department in an organization?

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What are the roles and responsibilities of a business developement department in an organization?

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  1. Per www.salary.com. FYI, it is not another description for sales. Here's a look into the role.

    Business Development Manager

    Identifies, negotiates and manages strategic relationships with content and technological partners. Manages the marketing, sales and product development teams to implement business development initiatives. Requires a bachelor's degree in business, finance or marketing with 4 years of experience in the field or a related area. Familiar with a variety of the field's concepts, practices, and procedures. Relies on experience and judgment to plan and accomplish goals. Performs a variety of complicated tasks. May lead and direct the work of others. May report to an executive or a manager. A wide degree of creativity and latitude is expected.


  2. Business Development is just the current favored term for 'Sales'.  A Business Development Manager (BDM) is a sales rep.  The BDM Organization is the sales department.

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