The Chief Business Development Officer (CBDO) is a high-ranking position alongside the CEO of a company. A chief business development officer must have proper knowledge of all matters related to the business. Moreover, he/she has to increase the business growth as well as develop new products for the business.
The business development manager, or BDM, informs others about company products and services and acts as the point of contact for new clients and their assigned existing clients.
If you are worried about your title, the most neutral titles for most sales roles are Business Development Manager, Account Manager, and Sales Executive.
Over here, we will talk about the definition of business development title and its 6 titles, along with the job description, required skills, and other necessary topics.
CEO – Chief Executive Officer This is the highest-ranking role in a company. CEOs oversee all business operations and decisions and are responsible for the success of the organization.
The hierarchy of corporate titles is as follows:
- Chief Executive Officer (CEO)
- Chairman.