5 Business Development Don’ts
Brilliant business development ideas have helped small businesses grow into big businesses that employ hundreds to thousands of people. However, it is quite common to refer to management or manager development when talking about programs or approaches. Social networking sites like Facebook, MySpace, Orkut etc can also be used for business development. There is a tendency to discount or explain away negative data rather than presume something is wrong with the company.
While mobile client development obviously differs from web development (since you can’t just push a bug fix to all devices), it is very similar to any other form of consumer client development. The balance between running day-to-day operations and continuously developing the business further to hone the competitive advantage a firm holds is indeed difficult to manage.
Before specific training and development programs are chosen, three needs must be considered. To have your business developed in the most effective way, you should be ready to change it in such way that it could correspond to current requirements of your customers.
Furthermore, they must embody the desired development culture of the value based business by being open to new ideas, by listening intently and by incorporating different ways of looking at things into the business environment. The purpose of this is to enable the individual to conjure up solutions and possible actions by themselves, for the good of their business.
All efforts put by a successful business developer relies on a strong network of relationships”. A development-oriented manager sets strategies for organization and ensures the business initiatives as requested. Many small companies categorize their sales efforts as business development rather than sales.