A VP of business development is an executive position within a company. This professional oversees the future business growth for the entire company. Their job is to determine where new opportunities might lie for future growth. These individuals are often tasked with making sure that future clients are treated well.
Skillset: This job requires very strong people skills. A VP of business development will have to go out and build relationships within the business community. They will typically serve as the face of the company for at least a short period of time. Likewise, these people need strong business acumen to determine when a good opportunity exists.
Education: People in this career will have a background in business. This usually means studying business administration at the college level. To rise up the corporate ladder, many companies will require an MBA in either management or a related field. Even if not required, it is always best to have more education to be competitive for these positions.
Career Path: A VP of business development will have spent many years working toward the position. His career will have great education. It will also show a pattern of being able to generate new clients.
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