At a Glance
- Tasks: Drive business growth and manage strategic accounts in the healthcare market research sector.
- Company: Join a global leader in innovative healthcare solutions with a strong presence worldwide.
- Benefits: Competitive salary, remote work options, and opportunities for professional development.
- Why this job: Make a real impact in healthcare while developing your leadership and networking skills.
- Qualifications: 5+ years in healthcare market research and proven business development experience required.
- Other info: Dynamic role with opportunities for travel and representation at industry events.
The predicted salary is between 72000 - 108000 £ per year.
Company Description: 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. M3 has offices in Japan, UK, France, Germany, Brazil, Sweden, China, USA, and South Korea, as well as India.
Job Description: 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: Qqfs (Qualitative & Quantitative Fieldwork Services)
Contact Detail:
Qqfs (Qualitative & Quantitative Fieldwork Services) 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 industry professionals on LinkedIn or at events. We all know that who you know can be just as important as what you know, so don’t be shy about reaching out.
✨Tip Number 2
Prepare for those interviews by researching the company inside out. Understand their mission, values, and recent projects. This will help us tailor your responses and show them you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. We want you to feel confident and ready to showcase your skills when it counts.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. Plus, it shows that you’re proactive and really keen on the role. And remember, apply through our website for the best chance!
We think you need these skills to ace VP, Business Development
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 Global Research!
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 our growth. Be sure to mention specific achievements that demonstrate your ability to drive sales and client satisfaction.
Showcase Your Communication Skills: As a VP, effective communication is key! In your application, give examples of how you've successfully communicated complex ideas or led teams. We love seeing candidates who can articulate their thoughts clearly and persuasively.
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 shows us you’re proactive and keen to join our team!
How to prepare for a job interview at Qqfs (Qualitative & Quantitative Fieldwork Services)
✨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. Be ready to discuss how you can apply this knowledge to M3's existing accounts.
✨Showcase Your Networking Skills
This role requires strong networking abilities, so come prepared with examples of how you've built and maintained relationships in the healthcare market research sector. Share specific instances where your connections led to successful partnerships or business opportunities.
✨Demonstrate Client-Centric Thinking
M3 values a client-centric culture, so be ready to discuss how you've prioritised client satisfaction in your previous roles. Think of examples where you went above and beyond to meet client needs or resolved issues effectively, showcasing your problem-solving skills.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your strategic thinking and decision-making skills. Prepare to discuss how you would handle challenges related to account management or team collaboration, particularly in high-pressure situations. This will show your ability to think on your feet and lead effectively.