BUSINESS DEVELOPMENT, Navigating Business Growth Post Pandemic
You’ve been asking us for a webinar on Business Development (BD), and we’re excited to announce that we have one coming up, entitled “BUSINESS DEVELOPMENT, Navigating Business Growth Post Pandemic”.
What exactly is business development? Business development can be considered as an investment in a company’s future; however, it does not always guarantee success. Organisations must carefully consider their approach to business development in order for it to be successful. BD can also be viewed as the process of expanding a business or growing its revenue and profitability.
We’ll also discuss some of the advantages and disadvantages of not having a BD as part of your business operations.
Then, we’ll be covering how organisations should organise their business development drive and efforts.
In a post-pandemic world, businesses need to be able to adapt quickly in order to remain competitive. However, many businesses are not prepared for how they will grow their business once the pandemic is over. As a result, they struggle with finding new customers and generating leads.
How can businesses leverage existing business development activities to navigate growth path post pandemic? We’ll break down what it means for your business, and why it’s so important. Businesses can leverage existing business development activities to navigate growth paths by:
– Creating cross-functional teams to implement new strategies
– Increasing collaboration between departments/units
– Using data analysis as part of the decision-making process
There are many advantages to having a robust business development strategy; however, there are also some disadvantages which should be taken into consideration before embarking on any form of business development activity.