FAQs
What is the primary responsibility of the Vice President, Global Head of Business Development?
The primary responsibility is to oversee business development strategies with an emphasis on creating and sustaining business growth, identifying customer requirements, markets, and opportunities for product development.
What qualifications are required for this position?
A Bachelor's degree is required, with an MBA from a leading business school or other advanced degree strongly preferred. Additionally, 10+ years of relevant experience is necessary.
Is experience in the pharmaceutical services industry necessary for this role?
Yes, experience in the pharmaceutical services industry is essential, with a strong preference for CRO sales/business development leadership experience.
What skills are essential for the VP, Global Head of Business Development?
Essential skills include exceptional problem-solving and analytical abilities, senior-level writing and oral communication skills, effective negotiation skills, and the ability to maintain a strong integrity as a leader.
Will the successful candidate have the opportunity to lead a team?
Yes, the VP, Global Head of Business Development will direct and oversee the recruitment, hiring, supervision, coaching, and evaluation of staff.
What is the expected work environment for this role?
The role is primarily remote, with a focus on collaboration and communication with various internal and external stakeholders.
How will success be measured in this position?
Success will be measured through the achievement of new business goals, effectiveness in developing sales plans, client relationships, and maintaining customer satisfaction.
Is prior experience with CRM systems important?
Yes, experience with contemporary customer relationship management systems (CRM), such as Salesforce, is required.
What are the expectations around client engagement for this role?
The VP, Global Head of Business Development is expected to maintain high visibility within customer organizations and proactively monitor customer satisfaction through regular communication.
What types of projects will the VP lead?
The VP will lead business development projects, including proposal development, term sheet generation, negotiations, and sales activities directed at key decision makers in the biopharma sector.