VP, Business Development

VP, Business Development

Full-Time 43200 - 72000 £ / year (est.) No home office possible
M3 Global Research

At a Glance

  • Tasks: Drive business growth and manage strategic accounts in the healthcare market.
  • Company: Join M3, a global leader in innovative healthcare solutions.
  • Benefits: Competitive salary, remote work options, and opportunities for professional development.
  • Why this job: Make a real impact in healthcare while developing your leadership skills.
  • Qualifications: 5+ years in healthcare market research and strong business development experience required.
  • Other info: Dynamic role with opportunities for travel and networking at industry events.

The predicted salary is between 43200 - 72000 £ per year.

About M3: A Japanese global leader in the provision of ground-breaking and innovative technological and research solutions to the healthcare industry. The M3 Group operates in the US, Asia, and Europe with over 5.8 million physician members globally via its physician websites which include mdlinx.com, m3.com, research.m3.com, Doctors.net.uk, medigate.net, and medlive.cn. M3 Inc. is a publicly traded company on the Tokyo Stock Exchange with subsidiaries in major markets including the US, UK, Japan, South Korea, and China, and in 2020 was ranked in Forbes’ Global 2000 list. The M3 Group provides services to healthcare and the life science industry. In addition to market research, these services include medical education, ethical drug promotion, clinical development, job recruitment, and clinic appointment services.

Due to our continued growth, we are hiring for a Vice President, Business Development at M3 Global Research, an M3 company.

About the Business Division: M3 Global Research, part of M3 Inc., provides the most comprehensive and highest quality market research recruitment and support services available to the industry with relationships reaching respondents in more than 70 countries worldwide. M3 Global Research maintains ISO 26362 and ISO 27001 certifications with the highest quality data collection and project management capabilities that cover the spectrum of quantitative and qualitative techniques utilized today. M3 services incorporate all of the most advanced statistical and attitudinal methodologies allowing clients to provide world-class offerings and support services to their end-client customers throughout multiple industry sectors.

Mission of the Role: The Vice President, Business Development grows and drives existing accounts. The role will meet quarterly and annual sales targets. Additionally, this individual is responsible for development of processes to ensure all client needs are being met within efficient means, encouraging communication and ongoing education of difficult topics among Sales and Delivery teams, and enhancing productivity to address client satisfaction and/or project completion concerns fairly and in a timely fashion. This is the ideal role for someone who is driven by their own success, a strong networker, and an effective teacher and communicator.

Essential Duties and Responsibilities:

  • Overall responsibility for the growth and profitability of assigned strategic accounts.
  • Ensure that pricing is optimized and follows company pricing policy, scope changes are recosted accurately and discounts where necessary are suitable and appropriate, thus providing a consistent sales presence to complement the field-level sales and operations aspects of managing the account(s).
  • Utilize account data to create strategies and develop plans that are executed and reviewed on an ongoing basis to grow the business.
  • Review accounts monthly versus sales and revenue goals.
  • Provide support as necessary for reporting of current sales, revenue, conversion and other data for internal analysis and client reviews.
  • Supervise day-to-day and strategic aspects of accounts.
  • Monitor operational aspects of projects, acting, as necessary, as liaison between client and M3.
  • Nurture a client-centric culture in your accounts with strong sales behaviours.
  • Serve as VP point of escalation for any delivery concerns.
  • Collaborate with Global Sales and Delivery teams to develop uniform processes and their distribution among all teams; establish and maintain department procedures; provide feedback and make suggestions striving for continuous improvement and education.
  • Supporting the SVP, Business Development as a liaison between the Sales and Delivery teams to ensure client satisfaction is prioritized on all fieldwork projects; on all client-facing activity, provide superior customer service to insure properly executed project fielding and delivery; Enable delivery teams success with correct project handovers and a strong emphasis on proper IKOs (Internal Kick-Off meeting).
  • Serve as a CRM advocate, assisting with training and being responsible for keeping account data clean and current.
  • Serve as contact point for new hire onboarding for the UK Sales team.
  • Mentor and advise Client Service Directors and Account Managers serving as a reference to assist with problem solving, custom project solutions, and fieldwork planning, supporting workstreams and delegating coverage as needed.
  • Lead client service initiatives regarding procedures and standards to enhance business communication, increase productivity, and increase client satisfaction.
  • Attend conferences/trade shows as assigned and professionally represent M3, interact with clients and assist the marketing effort via dissemination of M3 capabilities and collection of leads.
  • Travel, as necessary, to support on-site client meetings with other Sales and Delivery Team members.

Qualifications:

  • Bachelor’s degree or equivalent work experience.
  • A minimum of 5 years of healthcare market research experience required.
  • Business development experience required.
  • Exceptional ability to multi-task and prioritize requests.
  • Solid relationship building and staff management skills.
  • Effective communicator.
  • Time management skills.
  • Problem solver (seeks answers and resolutions).
  • Strong self-discipline & organizational habits.
  • Effective use of Outlook, Excel, Word, PowerPoint.

VP, Business Development employer: M3 Global Research

M3 is an exceptional employer that fosters a dynamic and innovative work culture, particularly for the VP, Business Development role. With a strong emphasis on employee growth and development, M3 offers comprehensive training and mentorship opportunities, ensuring that team members thrive in their careers while contributing to groundbreaking solutions in the healthcare industry. Located in a vibrant market with a global presence, employees benefit from a collaborative environment that prioritises client satisfaction and encourages professional networking across diverse sectors.
M3 Global Research

Contact Detail:

M3 Global Research Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land VP, Business Development

✨Tip Number 1

Network like a pro! Get out there and connect with people in the healthcare market research field. Attend industry events, join relevant online groups, and don’t be shy about reaching out to potential contacts on LinkedIn. Remember, it’s all about who you know!

✨Tip Number 2

Showcase your expertise! When you’re chatting with potential employers or networking contacts, share your insights and experiences in business development. This not only highlights your skills but also positions you as a thought leader in the industry.

✨Tip Number 3

Prepare for interviews by researching M3 and its services. Understand their mission and how you can contribute to their growth. Tailor your responses to show how your experience aligns with their goals, especially in driving client satisfaction and project success.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us. So, get that application in and let’s make things happen!

We think you need these skills to ace VP, Business Development

Business Development
Healthcare Market Research
Sales Strategy Development
Client Relationship Management
Project Management
Data Analysis
Communication Skills
Problem-Solving Skills
Multi-tasking
Time Management
Staff Management
Organisational Skills
CRM Proficiency
Mentoring and Coaching

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the VP, Business Development role. Highlight your relevant experience in healthcare market research and business development. We want to see how your skills align with our mission at M3!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about this role and how you can contribute to M3's growth. Be genuine and let your personality come through.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've driven growth or improved client satisfaction in previous roles. Numbers speak volumes!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy!

How to prepare for a job interview at M3 Global Research

✨Know Your Numbers

As a VP of Business Development, you'll need to demonstrate your understanding of sales metrics and account management. Brush up on your past achievements, like revenue growth percentages or successful client retention strategies, and be ready to discuss how you can apply these to M3's goals.

✨Showcase Your Networking Skills

This role requires strong networking abilities. Prepare examples of how you've built relationships in the healthcare market research sector. Think about specific instances where your connections led to new business opportunities or enhanced client satisfaction.

✨Understand M3's Services

Familiarise yourself with M3's offerings and their impact on the healthcare industry. Be prepared to discuss how your experience aligns with their services, such as market research and medical education, and how you can contribute to their mission of providing innovative solutions.

✨Demonstrate Leadership and Mentorship

As a VP, you'll be expected to lead and mentor teams. Prepare to share your leadership philosophy and provide examples of how you've successfully guided teams in the past. Highlight your approach to fostering a client-centric culture and enhancing team productivity.

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