2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
The success of the enterprise largely depends on how professionally the development director will perform his duties. Therefore, there are high requirements for candidates for this position, which may differ in different companies.
Candidate requirements:
- higher education (legal or economics);
- 3-5 years of leadership experience;
- knowledge of the market economy, fundamentals of entrepreneurship, theory and practice of management, marketing, micro- and macroeconomics, business administration, finance.
- the ability to draw up an enterprise development plan;
The Development Director must be fluent in economic modeling methods and modern company management systems, as well as have an understanding of the basics of production technology, administration, sociology and psychology.
Development Director: job description
The duties of this specialist include defining the general concept of the company's development. The development director must justify the goalsenterprises, develop an effective development plan and strategy, and analyze the possibilities of financial support. After the approval of the projects by the authorities, the employee must prepare all the documents necessary for the implementation of the plan, as well as familiarize the colleagues involved in the project with the innovations. The job description of the director of development also implies that he will appoint people responsible for the implementation of certain tasks and coordinate the implementation of the plan. It also needs to prioritize budgeting and evaluate all relevant commercial and manufacturing processes.
Each development project requires a performance calculation. Financial and economic indicators at each stage of the project implementation are taken as a basis.
Based on the data received, the development director should prepare projects for the modernization of the enterprise and for the development of new areas of business.
The competence of this specialist also includes the development of methods for responding to non-standard and crisis situations.
Rights of Development Director
The employee has the right to receive full information, incl. commercial, about the performance of the company. Upon request, he can receive all the information and all the documents that he needs for his work. Management should provide him with all the necessary technical means.
The employee has the right to issue orders related to the development of the enterprise, andalso endorse and sign documents that are within its competence.
The development director can get acquainted with the criteria by which the quality of his work is determined, as well as with documents defining his duties and rights.
In general, the responsibilities of a person holding this position vary from company to company. Some businesses employ multiple professionals, each responsible for a different path:
- marketing and sales;
- development of new territories and directions, development and research;
- organizational development and management.
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