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What is the role of a Business Development department in a company?

I believe that to be successful at business development, you need to keep in mind that this role is a mix of sales, marketing, negotiations, networking, project management and contract review.

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Question added by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed
Date Posted: 2014/08/09
Ahmad Talaat
by Ahmad Talaat , Sales Supervisor , ( Esmaiel Bahman Company ( Moulinex

The role of business development is A plan + Creativity + a SWOT analysis + SMART goals + objectives + strategies + tactics to provide guidance to all members for organization in purpose, including mission, vision and values, they will use to achieve success

Shujaat Ali
by Shujaat Ali , Territory Business Manager , Dadex Eternit Limited

To find new ways.........................for business, product, application, HR etc etc

Tyrone Perera
by Tyrone Perera , Sales Execative ,Business Sales Manager , Ayerst,Wythe,Chemcare,May&Baker

Think outside box

Mohammad Waris Alam
by Mohammad Waris Alam , Sales Representative (senior promoter) , huawei technologies LLC

as per my knowledge  business development department  is to keep eyes on market, and plan according to market, market means customer and competitor, 

customer need, their  products, R&D, company growth ( health ad wealth) provide the best to company, customer and competition. 

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Ment stratagies to consistantly improve the Sales turnover by bringing new prospective Customers, Servicing and retaining the Existing customers

Ali Alabdulmohsen
by Ali Alabdulmohsen , Key Account Manager , The Saudi British Bank - Sabb

Propose policies and programs necessary to develop and improve business  by Conduct ingstudies and researches necessary to develop and improve business and investment . 

 

in easy language, come up with what's new, what to do to grow bigger.