Business Development Deyanira Diaz Southern New Hampshire Un

business Developmentdeyanira Diazsouthern New Hampshire Universitymba

As you are aware, I was chosen to join the team responsible for strategic planning to help them access the exit strategy the company is laying out. I'm excited to share information about potential collaborators and their sway over the company and the intended audience. We are all aware that change is a constant in organizations, and the success of the change will depend on how well employers and employees can adjust. Businesses must also carefully choose the people who will spearhead the change. All other interventions will have access to the market if the right leaders are chosen to influence the community (Breuer et al., 2018).

Introducing the drug to the market will require supportive influence from both the internal and external markets for our business. We'll begin by choosing a team of leaders who lead the other team and give their subordinates feedback. These leaders need traits and abilities that improve the organization's reputation. Their organizational expertise, which can be gauged by the years they have worked there, will be crucial in this process. Additionally, it will be necessary for them to be enthusiastic because it will affect how well they perform.

The last factor is their role, which largely affects the process because they will use their expertise to encourage participation. The first person selected is Omar, who is the Manufacturing Director. Omar manages three departments; Supply Chain Strategies, Middle Eastern Operations and North America Operations. He is also managing 12 manufacturing plants that have 580 hourly workers. He has served the organization for three years, but his job satisfaction is rated at the highest level.

Omar influences three areas in this organization; manufacturing, supply chain and operations. I chose Omar because his influence in manufacturing is enough to provide the organization with information about the capacity and the size of the market it can serve. He is also in a position to advise the business on regulatory standards and market demand. This leader manages supply chain individuals who are in a position to understand cost-saving products. The department will be at the forefront in selecting the best partners to work with and how to satisfy their customers.

Operations will also be able to take the lead in quality and regulatory adherence. The other person to be included in this coalition is John, the Research Director. John supervises 3 Research Lab Managers and manages over a hundred research scientists in three countries' research labs. John has served the company for 22 years and has 15 years after promotion. Within that period, his performance was commendable, as he earned the highest performance rating.

John influences all departments in the organization because research is broad, and every section in the organization does research and requires a hand from the research department. I selected John, Research Director because of the need for market understanding. John is responsible for the research work in the whole organization, and his performance is satisfying. The research team will provide the organization with situation analysis results that would inform the directors of what to expect in the market. The team will also research the risks in the market and advise on possible ways to mitigate the risks.

Additionally, the team can forecast future trends in the business world and advise on the best steps to approach the expected change. John is also well informed on what causes failures as business merges. He is in a position to advise at any point when he realizes an action that would lead to the failure of the organization's sales plan. The other person chosen is Chris, the Sales Executive in the company. Chris supervises sales representatives.

He manages over 150 sales representatives around the world. He has been with the organization for ten years and served four years after getting promoted. His performance has been within the average rating. He influences all aspects of sales, including finding new customers, working on customer retention and improving the services offered. I chose Chris because of his leadership and management skills. He has experience in integrated acquisitions he did at his previous work. Also, his sales experience will boost the drug's marketing and the organization's branding. He also influences the work by leading sales representatives who will aid in marketing in different locations.

For the team to work efficiently, we must set up some strategies to aid them. The first is to set clear roles for each person. The team will understand what responsibilities are within their purview if roles are well defined (Ali et al., 2021). Additionally, they will be able to respect one another's roles, which will help the team function more harmoniously. Another strategy would be having trust in the team. All leaders should avoid micromanagement as much as possible because it can discourage their extra efforts. Also, master conflict resolution, because this is a change in the organization and the team, may not adapt at the same rate.

Also, the team will encounter many challenges in the new market, but you should resolve the issues as a leader. One way to instill a sense of urgency in the players is to inform the team members about the importance of urgency. They will understand that the urgency originates from the outcome goals and the consequences of delay (Rousseau & Deschacht, 2020). Make the matter personal to all members by painting a picture of what impact the results of the change would have on their jobs. These strategies will build trust in all employees because they will feel engaged and their views valued. They will be trusted in all activities by making decisions and implementing them on the ground with the help of their leaders.

Paper For Above instruction

Business development plays a pivotal role in an organization's strategic planning, especially when introducing new products or entering new markets. The success of such endeavors hinges on identifying and leveraging leaders who can facilitate change and influence various organizational facets effectively. This paper explores the strategic selection of leaders for business development initiatives, focusing on fostering collaboration, building trust, and managing change efficiently, supported by credible scholarly sources.

Effective leadership is fundamental in managing change within organizations. Breuer et al. (2018) highlight that change initiatives are more successful when the right leaders are chosen to influence community stakeholders and internal teams. Leaders with relevant experience, enthusiasm, and authority can motivate employees and stakeholders, ensuring smoother transitions. In the context of launching a new drug in a competitive market, these qualities become even more vital to navigate regulatory standards, supply chain complexities, and market demands.

The strategic selection of Omar as Manufacturing Director exemplifies the importance of operational influence. Omar's management of multiple departments—including Supply Chain Strategies, Middle Eastern Operations, and North American Operations—positions him to provide critical insights into manufacturing capacity, market size, regulatory compliance, and customer satisfaction. His tenure of three years and high job satisfaction rate enable him to lead with confidence and effectively influence production, quality assurance, and supply chain partners. As Breuer et al. (2018) emphasize, leaders with deep organizational knowledge and enthusiasm can significantly impact change processes and organizational reputation.

Similarly, John, the Research Director, exemplifies the significance of research expertise in strategic planning. With 22 years of service and a high-performance record, John influences cross-departmental research activities critical for market intelligence and risk assessment. His role in conducting situation analyses, forecasting industry trends, and identifying potential failure points provides the organization with vital information to mitigate risks and adapt swiftly to market dynamics. Research leaders like John contribute to informed decision-making, underscoring the importance of selecting individuals with extensive experience and broad influence.

Chris, the Sales Executive, brings a different yet essential perspective focused on market penetration and customer engagement. Managing over 150 sales representatives worldwide, Chris's leadership skills and experience in acquisitions can accelerate product marketing and enhance brand recognition. His influence across sales channels facilitates the dissemination of product information, customer retention strategies, and feedback collection for continuous improvement. Effective sales leadership is vital for executing go-to-market strategies and achieving revenue targets.

Once the leadership team is assembled, strategic organizational practices are essential to ensure their effectiveness. Clear role delineation, as outlined by Ali et al. (2021), helps reduce confusion, fosters mutual respect, and enhances team cohesion. Building trust within the team requires leaders to avoid micromanagement and to promote confidence through delegation and support. Conflict resolution skills are necessary to navigate disagreements that may arise during change implementation.

Creating a sense of urgency is also crucial. Rousseau and Deschacht (2020) underscore that articulating the importance of timelines and the personal impact of the change can motivate leadership and staff to prioritize initiatives. Leaders should communicate the consequences of delays and foster personal connections to the organizational goals, making the change relevant to individual roles and careers. This approach cultivates engagement, ownership, and a proactive attitude essential for overcoming resistance and ensuring successful market entry.

In conclusion, strategic leadership selection and organizational change management are vital components for successful business development. Leaders like Omar, John, and Chris exemplify the qualities necessary to navigate complex market dynamics, regulatory environments, and internal processes. Coupled with effective communication strategies and trust-building practices, these leaders can drive organizational change, foster collaboration, and achieve strategic objectives in bringing new products to market.

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