SVP Business Development Salary in Virginia

The SVP Business Development identifies and evaluates new markets, partners, channels, and customers. Develops and leads the business development vision, strategy, plans, and processes that will drive sales, increase revenue, expand markets, and accomplish financial objectives. Being a SVP Business Development directs financial feasibility studies, development of proposals, and negotiations for new business opportunities. Researches and analyzes the business environment, competitors, and customers to develop ideas for new products and services, pricing, and business models. In addition, SVP Business Development collaborates with marketing, sales, product development, and other stakeholders to support business development plans. Requires a bachelor's degree. Typically reports to top management. The SVP Business Development manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)

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