Business Development Skills

Business Development Skills

Business Development Skills Jonathan Poland

Business development is a term that is often used to refer to sales jobs. However, it can also refer to the process of growing a business by expanding or launching new products and services. These roles typically involve a high level of social interaction and competition, and require strong communication skills and character traits such as resilience and personal presence. In addition, skills related to sales technology, processes, and practices are also important in business development.

70+ examples of business development skills:

  • Account Development
  • Account Management
  • Accountability
  • Ambitious
  • Analytical
  • Attention to Detail
  • Bias for Action
  • Building Rapport
  • Business Acumen
  • Business Analysis
  • Business Plans
  • Clear & Concise
  • Cold Calling
  • Collaboration
  • Competitive Spirit
  • Customer Analysis
  • Customer Engagement
  • Customer Relationship Management (CRM)
  • Customer Relationships
  • Decision Making
  • Desire to Learn & Grow
  • Desire to Win
  • Determination
  • Developing Sales Materials and Presentations
  • Empathy Energetic
  • Ethical Standards
  • Financial Tracking
  • Flexibility
  • Forecasting
  • Formatting & Editing
  • Good Humor
  • Grit
  • Growing Accounts
  • Handling Rejection
  • Integrity
  • Language
  • Lead Follow-up
  • Market Analysis
  • Market Intelligence
  • Meeting Revenue Targets
  • Navigating Complex Organizations
  • Negotiation
  • Objection Handling
  • Personal Presence
  • Persuasion
  • Positive Attitude
  • Presentations
  • Problem Solving
  • Product & Industry Knowledge
  • Product Demonstrations
  • Professionalism
  • Proofreading
  • Proposal Writing
  • Prospecting
  • Public Speaking
  • Qualifying Prospects
  • Quick Thinking
  • Record-keeping
  • Request for Proposal (RFP)
  • Resilient
  • Resourceful
  • Sales Cycle
  • Sales Force Automation (SFA)
  • Sales Pipeline
  • Sales Processes
  • Self-Directed
  • Self-Motivated
  • Selling
  • Solution Development
  • Structured Thinking
  • Teamwork
  • Tenacity
  • Territory Development
  • Time Management
  • Verbal Communication
  • Visual Communication
  • Willingness to Learn

What is a Turnaround Strategy? Jonathan Poland

What is a Turnaround Strategy?

A turnaround strategy is a business plan that is implemented when a company is facing financial difficulties or declining performance.…

Internet of Things Jonathan Poland

Internet of Things

The Internet of things describes physical objects with sensors, processing ability, software, and other technologies that connect and exchange data with other devices and systems over the Internet or communication networks.

Product-as-a-Service Jonathan Poland

Product-as-a-Service

The Product-as-a-Service business model involves offering a service in areas that were traditionally sold as products. This model involves ongoing…

Critical Mass Jonathan Poland

Critical Mass

In economics, critical mass refers to the minimum size a company needs to be in order to effectively compete in…

Business Objectives Jonathan Poland

Business Objectives

Business objectives are specific targets or goals that an organization, team, or individual strives to achieve within a certain time…

Cash Flow Statement Jonathan Poland

Cash Flow Statement

The cash flow statement is a financial statement that shows the inflows and outflows of cash for a company over…

Deal Desk Jonathan Poland

Deal Desk

A deal desk is a team that is responsible for managing the sales proposal, negotiation, and contract process with customers.…

First-mover Advantage Jonathan Poland

First-mover Advantage

First-mover advantage refers to the competitive advantage that a company can gain by being the first to enter a new…

Organizational Capital Jonathan Poland

Organizational Capital

Organizational capital refers to the intangible assets and resources within an organization that support its operations and enable it to…

Learn More

What is Demand? Jonathan Poland

What is Demand?

Demand refers to the quantity of a particular good, asset, or other value that market participants are willing and able…

Customary Pricing Jonathan Poland

Customary Pricing

Customary pricing refers to the pricing practices that are considered typical or normal in a particular industry or market. This…

Self-Assessment Jonathan Poland

Self-Assessment

Self assessment is the process of evaluating one’s own work performance and identifying areas for improvement. This can be a…

Qualified Small Business Stock (QSBS) Jonathan Poland

Qualified Small Business Stock (QSBS)

Qualified Small Business Stock (QSBS) refers to a special classification of stock in the United States that offers significant tax…

Employee Benefits Jonathan Poland

Employee Benefits

Employee benefits are additional forms of compensation offered to employees as part of their overall remuneration package. These benefits can…

Channel Pricing Jonathan Poland

Channel Pricing

Channel pricing refers to the practice of setting different prices for a product or service depending on the sales channel…

What is Fandom? Jonathan Poland

What is Fandom?

Fandom refers to the subculture that develops around particular popular culture series or formats, such as films, television shows, characters,…

What is Genchi Genbutsu? Jonathan Poland

What is Genchi Genbutsu?

Genchi Genbutsu is a Japanese term that refers to the practice of going to the source or the root of…

Acceptable Risk Jonathan Poland

Acceptable Risk

An acceptable risk is a level of risk that is deemed to be tolerable for an individual, organization, community, or…