“Business development is the creation of long-term value for an organization from customers, markets, and relationships.” - Scott Pollack
Business development is all about the summing up of thoughts, ideas, inventiveness, and goings-on that are typically intended to making and improving a business to be better and in good health.
And therefore, whatever strategic ideations can be offered in the areas of better revenue growth and expansion, amplified revenues, better profitability margins, fostering benefiting partnerships and yes being able to devise tactical business decisions are all evolved from the basic tenet of business development.
Business development covers all and any departments and areas. This includes marketing, sales, software development, and many other services rendered. As part of this, ideating, putting thoughts to action, partnering, networking, negotiating and implementing cost-effective solutions are all covered. In more ways than one, when the business development ideology is firmly in place, it aligns well with the workings and the different facets of the organization.
And this is exactly how Nextweb explores the scope of business development not just for us, but our esteemed clientele too. And in a way, our business development specialists explore all possibilities and potentials within an existing project, or looking for ways to augment it or if it is a new service or client, then due diligence is applied in all ways so as to leverage existing opportunities to the hilt.