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STRATEGY C0MMERCIALISATION PEOPLE CAPITAL Business Development Strategies VISTA 2012 Conference May 2012 Peter Graves Sydney Adelaide Singapore www.strategon.com.au SOME KEY IDEAS ON BUSINESS DEVELOPMENT
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How to fill out business development strategies

01
Identify the business goals and objectives.
02
Conduct market research to understand the target audience and competition.
03
Develop a clear value proposition for the business.
04
Identify potential business development strategies such as partnerships, acquisitions, or new market entry.
05
Create a business development plan that outlines the specific strategies, objectives, and timeline.
06
Allocate resources and budget for implementing the strategies.
07
Implement the strategies by executing specific action steps.
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Monitor and evaluate the effectiveness of the strategies regularly.
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Make adjustments to the strategies based on the market feedback and results.
10
Continuously refine and improve the business development strategies based on the changing market dynamics.

Who needs business development strategies?

01
Startups and small businesses aiming to grow and expand their operations.
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Consultants or business development professionals working with clients to improve their business performance.
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Businesses targeting international markets and seeking global expansion.
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Companies seeking to build strategic partnerships or alliances to fuel growth.
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Business development strategies are plans or steps implemented by a company to improve its growth and profitability.
Business owners or managers are usually required to file business development strategies.
Business development strategies can be filled out by analyzing current market trends, setting goals, and outlining steps to achieve those goals.
The purpose of business development strategies is to help a company expand its customer base, increase revenue, and stay ahead of competitors.
Information such as target market analysis, competitive analysis, sales projections, and marketing tactics must be reported on business development strategies.
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