Business Development Strategy For Managers04/02/2018
Every business plan requires promotion and advertising to expand its visibility among the audience worldwide via event marketing. If the effort is longer, say 45 to 60 days, care must be taken to ensure that authors are available for the whole duration, and that the team can stay engaged without adding multiple trips to home locations, or be distracted by other business (or personal) reasons.
An effective business development approach is to encompass several major steps in the evaluating process including: your identification of the opportunity; what are your committed resources; the actual development of your business proposal; market evaluation; competition; and your time restraints.
The benefit to using a core team is that they keep lessons learned, communicate far more quickly and effectively, and can produce more work with less effort than lesser qualified personnel, especially those internal to the company with other daily duties to perform.
You can keep good leads cards in your left pocket and business cards that are not relevant in your right pocket, make sure to fill the data from those business card into your database as soon as you get back to office, don’t let those cards pile up, otherwise they just become a stack of meaningless business cards.
Just as you should hire generalist engineers for your mobile team, you should similarly find a great consumer product manager to run it. The worst hiring mistakes I have seen people make is to hire PMs with telecom or handset backgrounds to run their consumer products.