Skills

• A business development team leader usually demonstrates a thorough understanding of the company's operational structure as well as its market share in the industry. He uses financial accounting tools to produce reports and statements. This business professional recognizes the importance of building new relationships. He coordinates the departmental dependencies associated with the development of new business and manages risks and costs. He collaborates with team members and specialized functions, such as tax professionals, to ensure that all plans comply with local, state and federal regulations.
  
  

Experience

• To lead a business development team, a business professional typically has a bachelor's degree and 3 to 5 years experience in a complex business environment. She possesses strong analytical skills and use tools such as Microsoft Excel and Microsoft Access to manage projects and conduct detailed data analysis to make sound decisions. In large corporations, she often need to build team relationships with remote workers and manage cultural diversity by using effective communication skills, such as active listening and clear written or verbal statements. A business development team leader leads her team members in assessing current systems to improve them and generate new lucrative business opportunities for the company.
  
  

Key Roles

• Roles and responsibilities usually include working with other departments to forecast budgets and monitor results. A business development team leader uses planning systems and tools to create a plan which the team implements. The leader coordinates efforts between stakeholders, team members and customers. He schedules meetings, prepares and delivers presentations and communicates the results of team activities, such as market research, competitive analysis and other strategic operations.
  
  

Considerations

• A business development team leader recruits and trains creative personnel to produce innovative results. By establishing and fostering an environment where the team can brainstorm ideas, develop prototypes, propose appropriate pricing and test out new service concepts, this type of business professional helps bring in new customers and furthers company success. She works with the sales team to promote the team output and drives new revenue to make the company profitable.