Business Development Consultant (6 months)

Posted a week ago by LKA Recruitment

Location:
Mandali
Salary/Rate:
£500 - £650/day Flights, Accommodation, utilities
Benefits: Accommodation including utilities, in bound and outbound economy airfare and one return ticket to destination of domicile after three months.

Duration: 6 months

Overview: We are seeking a highly experienced Business Development Consultant to join our team in establishing and enhancing business development strategies for our holding company and its 13 subsidiaries. The ideal candidate will have a strong background in business development, with extensive knowledge of the Middle East region. This role offers the opportunity to play a pivotal role in driving growth and expansion across our diverse portfolio of businesses, while also developing comprehensive policies and procedures for the business development department.

Requirements:
Minimum of 10 years of experience in business development, with a proven track record of success in multinational environments.
Extensive knowledge of the Middle East region, with specific expertise in business development practices and opportunities in Iraq, UAE, Saudi Arabia, Bahrain, and Qatar, as well as the UK.
Strong analytical and strategic planning skills, with the ability to identify market trends, assess business opportunities, and develop actionable plans.
Excellent communication and interpersonal skills, with the ability to build and maintain relationships with key stakeholders and decision-makers.
Proven ability to lead and influence cross-functional teams, driving collaboration and alignment towards common goals.
Bachelor's degree in a relevant field (e.g., business administration, marketing, international relations); advanced degree or professional certification preferred.
 
Responsibilities:
Market Analysis and Strategy Development:

Conduct thorough market analysis to identify opportunities for growth and expansion within  Iraq and the Middle East region (highly preferred for candidate to also have knowledge of the UAE, Saudi Arabia, Bahrain, Qatar, as well as the UK.)
Develop strategic business development plans and initiatives tailored to each market, capitalizing on identified opportunities and addressing specific market dynamics.

New Business Acquisition:

Lead the identification, evaluation, and pursuit of new business opportunities in each target market, including mergers, acquisitions, joint ventures, and strategic alliances.
Conduct due diligence and feasibility studies to assess the viability and potential impact of new business ventures.

Policy and Procedure Development:

Create policies and procedures for the business development department of the holding company, ensuring alignment with industry best practices and regulatory requirements.
Establish clear guidelines and protocols for opportunity assessment, partnership management, and new business acquisition processes in each target market.
Strategic Planning and Execution:
Work closely with subsidiary leadership teams to align business development initiatives with overall corporate strategy and objectives in each target market.
Develop and implement actionable plans to drive revenue growth, market penetration, and competitive advantage in Iraq, UAE, Saudi Arabia, Bahrain, Qatar, and the UK.
Performance Monitoring and Reporting:
Establish key performance indicators (KPIs) and metrics to track the effectiveness of business development efforts and initiatives in each target market.
Prepare regular reports and updates on business development activities, progress against targets, and emerging opportunities for senior management and the board of directors.

Key Performance Indicators (KPIs) for the First Six Months:
Completion of Market Analysis and Strategy Development: Conduct a comprehensive market analysis and develop strategic business development plans for each target market (UAE, Saudi Arabia, Bahrain, Qatar, and the UK) within the first two months.
Establishment of Partnership and Relationship Management Framework: Develop and implement a framework for partnership and relationship management in each target market within the first three months, including the identification of key stakeholders and the establishment of communication channels.

Creation of Business Development Policies and Procedures: Develop and finalize policies and procedures for the business development department of the holding company for each target market by the end of the third month, covering areas such as opportunity assessment, partnership management, and new business acquisition processes.
Execution of New Business Acquisition Initiatives: Initiate and pursue at least two new business acquisition opportunities in each target market within the first four months, conducting due diligence and feasibility studies as necessary.
Alignment of Business Development Initiatives with Corporate Strategy: Ensure alignment of business development initiatives with overall corporate strategy and objectives in each target market by the end of the fifth month, through close collaboration with subsidiary leadership teams.
Type:
Contract
Start Date:
12/05/2024
Contract Length:
6 Months
Job Reference:
AE-48
Job ID:
221641564
Applications:
Less than 10

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