16
6/15/22 ENG. AHMED MAGDY 1 Business Development Strategy Driving Revenue Generation

Business Development Definition

Embed Size (px)

Citation preview

Page 1: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 1

Business Development StrategyDriving Revenue Generation

Page 2: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 2

Introduction

Ahmed Magdy

30 Years

• Background BSc Quality Management

• Experiance 9 years experiance in Business Development at multi

national companies

• Certificate Certified Six Sigma Black Belt – Quality America

Page 3: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 3

Marketing and Sales strategy

Improving Internal processes, and

eliminate the waste

Building Partnerships with Clients

New Channels of Revenue

What, Exactly, IsBusiness Development?

Page 4: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 4

What, Exactly, IsBusiness Development?

“Business development is the creation of long-

term #Value for an organization from

#Customers, #Markets, and #Relationships”.

Page 5: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 5

Business Development ToolsMapping Out Your Best Possible Direction

Page 6: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 6

SWOT ANALYSISA SWOT analysis is a strategic planning tool that involves listing a company's strengths, weaknesses, opportunities and threats, or SWOT.

Strengths are things a business does well or advantages it has, such as dedicated workers, an innovative product design or a good retail location, while Weakness are things a business does poorly or disadvantages it has.

Threats or external factors that might harm the business, such as competitors and unfavourable government regulations, while Opportunities are external factors that the company might benefit the company, including untapped markets or favourable regulations.

Strengths, Weaknesses, Opportunities and Threats

Page 7: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 7

SWOT ANALYSISAfter creating a list of strengths, weaknesses, opportunities and threats, think of ways the business can:

1. MAXIMIZE STRENGTHS

2. REDUCE WEAKNESSES

3. TAKE ADVANTAGE Of OPPORTUNITIES

4. AVOID or MINIMIZE THREATS

Strengths, Weaknesses, Opportunities and Threats

Page 8: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 8

S W

TOOpportunities Threats

WeaknessesStrengths

Page 9: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 9

StatisticsThe Numbers l BD

Page 10: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 10

75%

Of Customers believe it takes too long to reach a

live person

Of Customers ended a business relationship due

to bad service

78%

How the customers respond to bad service

Page 11: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 11

Of agents fail to answer customer questions

Of customer went to a competitor due to bad

service

How the customers respond to bad service

50% 61%

Page 12: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 12

How Customer Respond to Good Service

Page 13: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 13

How Customer Respond to Good Service

Page 14: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 14

Page 15: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 15

Page 16: Business Development Definition

May 2, 2023ENG. AHMED MAGDY 16

Thank you

Ahmed Magdy