head of development for a specific area of business
Posted: Thu Feb 13, 2025 6:54 am
Systematic and planned business development is the basis for the success of any company. This can be done by the owner or manager. More advanced organizations hire a separate person - a development director. Let's figure out what he does, what skills he has and how to find him.
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Who is a development director?
A development director is a senior manager who coordinates the work of the entire company or individual projects aimed at expanding the business and improving its performance.
The main task of the development director is to strengthen the company's india phone number list position in the market, increase profits and expand the sphere of influence. At the same time, it is necessary to make the business more competitive, flexible and efficient, and reduce the number of errors.
There are two fundamentally different approaches to the work of this top manager:
A person who deals with important and non-urgent projects - those issues that current managers often “don’t get around to.”
A specialist who “puts out fires” and works more like an anti-crisis manager – helps businesses in difficult situations and force majeure.
The first approach makes the company more successful and stable in the long term, it is "playing ahead" of the market. The second option is more often used in case of urgent need, when inaction threatens losses and business closure.
More successful companies hire a development director to implement important long-term projects.
Today, more and more companies hire a development director. As a rule, his team also includes an analyst and project managers. Other managers may be functionally subordinate to such a specialist.
What does a development director do?
There are different ways to develop a company, so there are several types of this position:
Director of Strategic Development - deals with the entire company;
The functions of specialists at different levels differ. Thus, the director of strategic development conducts an audit of the entire organization, identifies its strengths and weaknesses, then performs a market analysis and makes recommendations for improving the company's position.
The development director's action plan can be calculated for several years or decades ahead: it includes market and trend analysis, financial calculations of necessary investments, their payback and other economic parameters.
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Globally, the Strategic Director is responsible for:
organizes the work of the company's forecasters and analysts;
seeks out promising areas of development and forms a management strategy;
makes proposals for process optimization and cost reduction;
establishes communications and work between departments;
manages changes and oversees the implementation of key projects;
attracts major partners and investors for the development of the company ;
scales the business , develops the brand and takes the company to a qualitatively new level of work.
You are reading the magazine Compass - a messenger for effective and safe teamwork.
Learn more about Compass
Who is a development director?
A development director is a senior manager who coordinates the work of the entire company or individual projects aimed at expanding the business and improving its performance.
The main task of the development director is to strengthen the company's india phone number list position in the market, increase profits and expand the sphere of influence. At the same time, it is necessary to make the business more competitive, flexible and efficient, and reduce the number of errors.
There are two fundamentally different approaches to the work of this top manager:
A person who deals with important and non-urgent projects - those issues that current managers often “don’t get around to.”
A specialist who “puts out fires” and works more like an anti-crisis manager – helps businesses in difficult situations and force majeure.
The first approach makes the company more successful and stable in the long term, it is "playing ahead" of the market. The second option is more often used in case of urgent need, when inaction threatens losses and business closure.
More successful companies hire a development director to implement important long-term projects.
Today, more and more companies hire a development director. As a rule, his team also includes an analyst and project managers. Other managers may be functionally subordinate to such a specialist.
What does a development director do?
There are different ways to develop a company, so there are several types of this position:
Director of Strategic Development - deals with the entire company;
The functions of specialists at different levels differ. Thus, the director of strategic development conducts an audit of the entire organization, identifies its strengths and weaknesses, then performs a market analysis and makes recommendations for improving the company's position.
The development director's action plan can be calculated for several years or decades ahead: it includes market and trend analysis, financial calculations of necessary investments, their payback and other economic parameters.
Corporate messenger on your server in 10 minutes
Corporate messenger on your server in 10 minutes
We will provide a free period. We will help you set up Compass on your servers or in the cloud. We will simplify the move and adaptation of the team.
Order a consultation
Globally, the Strategic Director is responsible for:
organizes the work of the company's forecasters and analysts;
seeks out promising areas of development and forms a management strategy;
makes proposals for process optimization and cost reduction;
establishes communications and work between departments;
manages changes and oversees the implementation of key projects;
attracts major partners and investors for the development of the company ;
scales the business , develops the brand and takes the company to a qualitatively new level of work.