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Business Development Manager

Zifo is looking to hire a Business Development Manager as part of their Commercial team. This person will manage different aspects of the business development process and ensure close coordination and collaboration with the Commercial leaders.  The focus of this role is to expand our relationships with new clients.  The role requires collaboration and coordination with peers in Europe and India.  The Business Development Manager will have the following responsibilities:

Responsibilities

  • Develops and expands relationships with clients new to Zifo.
  • Provides management and support for new business pipeline development, in consultation with Practice Leaders and BD Director
  • Leads proposal development and provides input into bid/no-bid decisions
  • Updates and maintains the pipeline opportunity tracker
  • Coordinates closely with technical teams in all aspects of capture and proposal processes
  • Collaborates with Marketing teams to address new leads and conference participation
  • Leads data analysis, reporting, and knowledge management to inform business development strategy and operations
  • Conducts long-term and short-term strategic research that informs the growth strategy of the assigned Practices and/or regions
  • Manages a database of partners, setting up meetings and facilitating relationships
  • Maintains new business files, resources, and tools
  • Supports training program to build the capacity of business development across the division
  • Develop and cultivate relationships with technical specialists, subject-matter experts, and professional writers to contribute to technical solution designs, reviews, and analysis of proposals and business development strategy within the practice
  • Work closely with the Practice Area Leaders to deepen Zifo’s network of potential personnel and better understand client staffing needs

Qualifications

  • Bachelor’s degree in life sciences or information technology
  • At least 5-7 years in business development roles
  • Familiarity with the Life Sciences Industry and particular challenges of a vendor and technology agnostic service provider
  • Excellent leadership, interpersonal, communication, and decision-making skills
  • Flexibility to assume a workload which frequently necessitates an adjustment of priorities
  • Ability to work and deliver under strict deadlines
  • History of successful independent and collaborative work, in individual and team environments

 

CURIOSITY DRIVEN, SCIENCE FOCUSED, EMPLOYEE BUILT. Our culture is unlike any other, one where we debate, challenge ourselves, and interact with all alike. We are a curious bunch, characterized by our passion to learn and spirit of teamwork. Zifo is a global R&D solutions provider focused on the industries of Pharma, Biotech, Manufacturing QC, Medical Devices, specialty chemicals and other research-based organizations. Our team’s knowledge of science and expertise in technology help Zifo better serve our customers around the globe, including 7 of the Top 10 Biopharma companies.

We look for Science – Biotechnology, Pharmaceutical Technology, Biomedical Engineering, Microbiology etc. We possess scientific and technical knowledge and bear professional and personal goals. While we have a “no doors” policy to promote free access within, we do have a tough door to walk in. We search with a two-point agenda – technical competency and cultural adaptability.

We offer a competitive compensation package including accrued vacation, medical, dental, vision, 401k with company matching, life insurance, and flexible spending accounts.

If you share these sentiments and are prepared for the atypical, then Zifo is your calling!

Zifo is an equal opportunity employer, and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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What You Should Know About Business Development Manager, Zifo

Zifo is excited to welcome a new Business Development Manager to our dynamic Commercial team! In this pivotal role, you'll be instrumental in fostering and expanding our relationships with clients who are new to Zifo. Your mission will encompass strategic management of the business development process, ensuring seamless collaboration with Commercial leaders across Europe and India. As a Business Development Manager, you will lead the charge in developing new business pipelines, working closely with Practice Leaders and our BD Director. Your days will be buzzing with activities like proposal development, maintaining the pipeline opportunity tracker, and coordinating with technical teams on all aspects of the capture and proposal processes. You’ll also team up with our stellar Marketing teams to pursue new leads and take part in conference participation. We believe that data-driven decisions are key, so leading data analysis and knowledge management efforts will be part of your toolkit to inform our business development strategies. With great opportunities come the responsibility of conducting strategic research that will guide the growth strategies for various practices. We value your ability to cultivate solid relationships with technical specialists and subject-matter experts who contribute to our technical solutions. At Zifo, we thrive on curiosity and teamwork, and if you are an energetic professional with a passion for the Life Sciences industry, we want to hear from you! Join us, embrace our culture, and help us continue to make a significant impact in research-driven sectors across the globe!

Frequently Asked Questions (FAQs) for Business Development Manager Role at Zifo
What does the Business Development Manager role at Zifo entail?

The Business Development Manager role at Zifo involves managing various aspects of the business development process, focusing on establishing and expanding relationships with new clients while collaborating closely with the Commercial team. You'll lead proposal development, maintain pipelines, coordinate with technical and marketing teams, and conduct strategic research to inform our business development strategies.

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What are the qualifications required for a Business Development Manager position at Zifo?

To qualify for the Business Development Manager position at Zifo, candidates should hold a Bachelor’s degree in life sciences or information technology, possess 5-7 years of experience in business development roles, and have familiarity with the Life Sciences Industry. Strong leadership, communication, and decision-making skills are also essential.

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How does the Business Development Manager contribute to Zifo's growth strategy?

The Business Development Manager at Zifo contributes to growth strategy by developing and expanding client relationships, managing the business pipeline, engaging in strategic research, and collaborating with internal teams to formulate effective business proposals that align with the company’s goals.

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Are there opportunities for professional development as a Business Development Manager at Zifo?

Yes, as a Business Development Manager at Zifo, you will have access to numerous professional development opportunities. The role includes supporting training programs to enhance the capacity of business development across the division, along with opportunities to collaborate and learn from technical specialists and subject-matter experts.

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What is the work culture like for a Business Development Manager at Zifo?

At Zifo, the work culture is vibrant and collaborative, driven by curiosity and the spirit of teamwork. We encourage a culture where team members can openly debate and challenge ideas, promoting a unique environment that values innovation, adaptability, and diversity.

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What are the career prospects for a Business Development Manager at Zifo?

Career prospects for a Business Development Manager at Zifo are promising, with opportunities to progress into leadership roles within the commercial division, expand your expertise in the Life Sciences sector, and further develop strategic business development skills.

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What benefits does Zifo offer to Business Development Managers?

Zifo offers a comprehensive benefits package to Business Development Managers, including competitive compensation, accrued vacation, medical, dental, vision coverage, a 401(k) plan with company matching, life insurance, flexible spending accounts, and a strong commitment to employee wellbeing.

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Common Interview Questions for Business Development Manager
How do you approach developing new business pipelines?

A strong approach to developing new business pipelines includes researching potential clients, understanding their needs, creating tailored proposals, and leveraging existing relationships to gain referrals. It's essential to display your strategic thinking and how you would collaborate with Practice Leaders at Zifo.

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Can you describe a time when you successfully closed a challenging deal?

Share a real story that highlights your negotiation skills, ability to overcome objections, and relationship-building capabilities. Focus on your analytical skills and strategic thinking in reaching a mutually beneficial agreement, showcasing your fit for the Business Development Manager role at Zifo.

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How do you prioritize your work when managing multiple projects?

Effective prioritization involves identifying urgent tasks, aligning them with business goals, and maintaining clear communication with your team. Discuss your time management strategies and tools you use to stay organized, which will demonstrate your compatibility with Zifo's fast-paced environment.

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What is your familiarity with the Life Sciences industry?

Emphasize your experience and insights within the Life Sciences sector, including any roles or projects you've been part of. Show your understanding of industry challenges and how your knowledge could positively impact Zifo's business development initiatives.

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How do you build and maintain relationships with clients?

Building and maintaining client relationships involves regular communication, understanding their needs, delivering value consistently, and nurturing trust. Explain your approach to relationship management and provide examples where you've successfully strengthened client partnerships.

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What strategies do you utilize for conducting competitive analysis?

Discuss methods such as SWOT analysis, market research, and gathering insights from existing client interactions. Showcase your analytical skills and how you'll leverage this knowledge to inform Zifo's business development strategies.

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How do you handle rejection or failure in business development?

Handling rejection should be viewed as an opportunity to learn and improve. Share a specific instance where you faced a setback and how it informed your future strategies, demonstrating your resilience and adaptability as a Business Development Manager.

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What role does data analysis play in your business development process?

Data analysis is crucial for identifying trends, evaluating successes and failures, and informing strategic decisions. Discuss your experience with data tools and how you use analytics to shape your approach, which is aligned with Zifo's data-driven culture.

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Can you provide an example of successful collaboration with cross-functional teams?

Successful collaboration involves clear communication, shared goals, and understanding each team’s unique contribution. Share a specific example that illustrates your ability to work well with technical teams, marketing, or executives, showcasing how this aligns with Zifo's collaborative culture.

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What motivates you to excel in a business development role?

Share your passion for driving growth and your commitment to achieving goals through effective relationship building and strategic initiatives. Highlight how your values align with Zifo's mission and the impact you aspire to have as a Business Development Manager.

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Z By Zifo
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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
November 25, 2024

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