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
Is Greed Good? Jonathan Poland

Is Greed Good?

Greed is good is a paraphrased quote that originates with the 1987 film Wall Street. It is important to note…

Marketing Experimentation Jonathan Poland

Marketing Experimentation

Marketing experimentation involves making changes to various aspects of a company’s marketing efforts, such as its products, prices, promotional strategies,…

Business Ethics Jonathan Poland

Business Ethics

Business ethics refer to the principles and values that guide the behavior of individuals and organizations in the business world.…

Quality Goals Jonathan Poland

Quality Goals

Quality goals are specific targets that are set to improve the quality of a product, service, or process. They are…

Sales Management Jonathan Poland

Sales Management

Sales management is the process of overseeing and directing an organization’s sales team. It involves setting sales goals, analyzing data,…

Payback Theory Jonathan Poland

Payback Theory

Let’s say you live in a town with two bakeries for sale at $1 million each. Both offer similar products…

Management Decisions Jonathan Poland

Management Decisions

Management decisions are decisions that pertain to the direction and control of a company or organization. These decisions may cover…

Operations Security Jonathan Poland

Operations Security

Operations security, also known as “opsec,” is the practice of protecting sensitive information in the context of day-to-day business activities.…

Market Saturation Jonathan Poland

Market Saturation

Market saturation refers to a state in which a particular market is filled with a high number of similar products…

Learn More

Strategy 101 Jonathan Poland

Strategy 101

Business strategy is the set of actions and decisions that a business takes in order to achieve its goals and…

Customer Journey Jonathan Poland

Customer Journey

A customer journey is the experience that a customer has with a company or brand over time, from their perspective.…

What is Force Majeure? Jonathan Poland

What is Force Majeure?

Force majeure refers to circumstances beyond the control of a party that prevent them from fulfilling their obligations under a…

Post Sales Jonathan Poland

Post Sales

After a sale is made, post-sales processes kick in to fulfill the customer’s expectations and strengthen the relationship. This can…

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…

Algorithmic Pricing Jonathan Poland

Algorithmic Pricing

Algorithmic pricing involves using automation to set prices dynamically based on a variety of factors, such as customer behavior, market…

Veblen Goods Jonathan Poland

Veblen Goods

Veblen goods are a type of consumer good that is perceived as being more valuable or desirable because of its…

Cost of Capital Jonathan Poland

Cost of Capital

The cost of capital is the required rate of return that a company must earn on its investments in order…

Bargaining Power Jonathan Poland

Bargaining Power

Bargaining power is a concept in negotiation theory that refers to the relative ability of parties to influence each other…