Head of Business Development
Y
Yee Lee Group
Full-time
Johor Bahru, Johore, Malaysia
Sales StrategyMarket ResearchRelationship ManagementNegotiation SkillsStrategic PlanningNetworkingData AnalysisBusiness AcumenProject Management
POSITION TO BE BASED IN: JOHOR BHARU/KL
About the Role
- Lead the overall Business Development function and growth strategy.
- Identify and develop new business opportunities that support the company's long-term growth objectives.
- Evaluate opportunities across new markets, channels, products, partnerships and business models.
- Build strategic partnerships with customers, distributors, principals and other business partners.
- Develop business cases and commercial proposals for new growth initiatives.
- Work closely with senior management and cross-functional teams to convert opportunities into sustainable and profitable businesses.
- Balance strategic planning, commercial analysis, relationship management and hands-on business development.
Key Responsibilities
Business Development Strategy & Planning
- Develop and lead the overall business development strategy.
- Identify new growth opportunities aligned with the company's business objectives.
- Develop short-term and long-term business development plans.
- Identify opportunities across:
- New markets.
- New channels.
- New customer segments.
- New products and categories.
- Strategic partnerships.
- Distribution opportunities.
- New business models.
- Assess industry trends, market developments and competitive activities.
- Develop market-entry and go-to-market strategies for new business opportunities.
- Present business opportunities and recommendations to senior management.
New Business & Opportunity Development
- Identify, evaluate and prioritize potential business opportunities.
- Build a structured pipeline of new business opportunities.
- Develop business cases, feasibility assessments and commercial proposals.
- Evaluate potential revenue, profitability, investment requirements and risks.
- Lead commercial discussions with potential customers and business partners.
- Negotiate commercial terms and partnership arrangements.
- Convert viable opportunities into executable business plans.
- Monitor new initiatives from concept through implementation and commercialization.
Strategic Partnerships & Business Relationships
- Identify and develop relationships with potential strategic partners.
- Build strong relationships with key customers, distributors, principals and other business partners.
- Explore collaboration opportunities that can expand the company's market presence.
- Lead commercial negotiations for new partnerships and business arrangements.
- Maintain strong relationships with existing strategic partners.
- Identify opportunities to expand existing partnerships into new categories, channels or markets.
- Represent the company in relevant business discussions, networking activities and industry engagements.
Market & Commercial Analysis
- Conduct market assessments to identify growth opportunities.
- Analyse market size, competitive landscape, customer trends and industry developments.
- Assess the commercial attractiveness of potential markets, products and partnerships.
- Develop revenue, margin and profitability projections for new opportunities.
- Evaluate potential investment requirements and expected returns.
- Translate market and commercial data into actionable business recommendations.
- Monitor the performance of newly developed businesses and initiatives.
Business Case & Financial Evaluation
- Develop comprehensive business cases for proposed initiatives.
- Establish clear commercial assumptions, investment requirements and expected financial returns.
- Work closely with Finance to evaluate:
- Revenue potential.
- Gross profit.
- Operating costs.
- Investment requirements.
- Break-even period.
- ROI.
- Conduct scenario and sensitivity analysis where required.
- Recommend whether opportunities should be pursued, modified or discontinued.
- Monitor actual performance against approved business cases.
Cross-Functional Leadership
- Work closely with Sales, Marketing, Trade Marketing, Finance, Supply Chain and Operations.
- Coordinate the implementation of approved business development initiatives.
- Ensure new opportunities are operationally and financially feasible.
- Align commercial opportunities with supply chain and operational capabilities.
- Facilitate cross-functional collaboration during new product, channel or market launches.
- Act as the key coordinator between external business partners and internal stakeholders.
- Ensure clear ownership, timelines and deliverables for strategic initiatives.
Team Leadership & Development
- Lead and manage the Business Development team.
- Set clear objectives, priorities and performance expectations.
- Coach and develop team members.
- Build team capability in:
- Opportunity identification.
- Market research.
- Commercial analysis.
- Business-case development.
- Financial evaluation.
- Partnership management.
- Negotiation.
- Project management.
- Establish clear KPIs for business development activities and outcomes.
- Build a commercially driven and opportunity-focused Business Development function.
Business Performance & Governance
- Establish measurable KPIs for new business initiatives.
- Track opportunity pipeline, conversion and business performance.
- Monitor the financial performance of newly launched initiatives.
- Conduct regular reviews of business development projects.
- Identify potential commercial, operational and financial risks.
- Recommend corrective actions when initiatives are not achieving expected results.
- Provide regular business development updates and recommendations to senior management.
Requirements
- Bachelor's Degree in Business Administration, Marketing, Finance, Economics, Commerce or related discipline.
- Approximately 8-12 years of relevant commercial experience, preferably within the FMCG, consumer goods, distribution or related industries.
- Strong experience in one or more of the following areas:
- Business Development.
- Commercial Strategy.
- Sales.
- Strategic Partnerships.
- Market Development.
- Distribution.
- New Business / New Ventures.
- Preferably 3-5 years of people-management or functional leadership experience.
- Strong understanding of the Malaysian FMCG and distribution landscape.
- Proven experience identifying and developing new business opportunities.
- Strong experience in commercial negotiation and partnership development.
- Experience preparing business cases, financial projections and commercial proposals.
- Strong understanding of revenue, margin, profitability, ROI and investment evaluation.
- Strong analytical and strategic-thinking capabilities.
- Ability to convert opportunities into practical and executable business plans.
- Strong stakeholder-management and cross-functional collaboration skills.
- Strong networking, relationship-management and negotiation skills.
- Strong leadership and team-development capabilities.
- Strong communication and presentation skills.
- Proficient in Microsoft Excel and PowerPoint.
- Strategic thinker with strong commercial acumen and hands-on execution capability.
Why Join Us
- Lead the Business Development function within an established FMCG organisation.
- Play a key role in identifying and building the company's next areas of growth.
- Influence new market, channel, product and partnership strategies.
- Work closely with senior management and cross-functional business leaders.
- Build strategic relationships with key customers, partners and industry stakeholders.
- Lead the development of new revenue streams and commercial opportunities.
- Develop and strengthen Business Development capabilities within the organisation.
- Play a key role in driving sustainable and profitable long-term business growth.
Please refer to job description.