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Director, Business Development
Morning Consult Washington, DC
$191k-241k (estimate)
Full Time | Business Services 2 Months Ago
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Morning Consult is Hiring a Director, Business Development Near Washington, DC

About Morning Consult:

Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, better decisions. The company pairs its proprietary high-frequency data with applied artificial intelligence to better inform decisions on what people think and how they will act.

Ideally this position would be based in New York, NY, however we are open to our other office locations (Washington, DC or Chicago, IL).

The Role:

As the Director, Business Development, you will hire and manage a team of Business Development Representatives (BDRs) and will be responsible for setting and executing our strategy to generate high-quality inbound and outbound pipeline to fuel long-term growth.

In this key go-to-market leadership role, you will partner closely with key stakeholders across the business to exceed sales qualified opportunity and pipeline targets, establish KPIs and ensure operational excellence in building a world-class function. You will serve as a strategic leader, identifying opportunities to generate leads for our Morning Consult Intelligence Products and build out a new team for the fastest-growing business segment at the company. As a BDR leader and manager, you’ll enhance performance, increase productivity and continually develop our talent to prepare them for career growth.

Reporting to our SVP, SaaS, this is a first-of-its-kind role at Morning Consult and offers the opportunity to bring operational excellence in hiring and developing a high-performance team, paired with people-first leadership which will shape the continued growth of the company. You’ll find success in this role if you’re motivated by generating new pipeline, consistently hitting sales goals, thinking innovatively about solving complex business problems and growing BDR talent into the future of our salesforce.

The Business Development Team at Morning Consult:

The Business Development Team is part of the Commercial Division at Morning Consult. We build key relationships, think strategically about the issues clients and prospects are facing, and generate the momentum needed to deliver quality intelligence that will help our clients “win.” Our aim is to drive sustainable growth across our entire portfolio of business in close partnership with Commercial division teammates.

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What You'll Be Working On:

  • Building a best-in-class Business Development function that demonstrates daily high performance against activity expectations and meetings booked goals
  • Leading a team of Business Development Representatives (BDRs) in consistently exceeding sales-qualified opportunity and pipeline targets
  • Creating the outreach strategy for BDRs to identify opportunities, determining appropriate scope and negotiating the sale of Morning Consult SaaS product portfolio
  • Implementing KPIs and a territory and sales plan that generates revenue from SaaS subscription models to custom services and solutions
  • Monitoring and measuring the sales process against the external environmental, market trends and strategic plan to ensure that the organization remains on track toward achieving its growth goals and seizing growth opportunities
  • Developing and monitoring pipeline/opportunity management, account/contact management and strategic documentation for new sales opportunities within Salesforce
  • Communicating market insights, client feedback and sales team progress to executive leadership for informed decision-making
  • Negotiating and selling complex SaaS solutions to large, multinational clients
  • Building relationships with leaders at emerging and established companies
  • Identifying and cultivating relationships with executive-level contacts, decision-makers and key stakeholders at target companies throughout the sales cycle
  • Coordinating deal execution and partner management across relevant teams including product, engineering, legal, marketing and sales
  • Performing such other tasks and duties as may be required or assigned from time to time at the Company’s discretion
About You and What You've Done:
  • Bachelor's degree; MBA or other relevant graduate degree preferred but not required
  • You have 6 years of combined progressive experience in Business Development with at least 3 years managing BDRs; you thrive in a role where you’re coaching, motivating and developing others to excel
  • You’ve successfully built a high-performing BDR function and team
  • You have a deep understanding of discovery, qualification frameworks, call coaching, and skill development
  • You have a strategic mindset to identify where the Business Development teams should be focused and the tactical steps needed to reach goals
  • You demonstrate proven success in meeting and exceeding sales targets, and selling insights solutions to the C-suite. You possess and apply practical and technical skills, knowledge and experience related to sales and customer service
  • You are metrics-driven with the ability to demonstrate clear and measured sales growth progress
  • You’re skilled in analyzing, structuring, negotiating and executing commercial agreements
  • You’re highly organized, detail-oriented and able to work independently
  • You have a consultative and engaging personality with excellent verbal and written communication skills
  • You act as a trusted advisor in addressing your customers’ business needs with a demonstrated ability to build trust across diverse stakeholders
  • You possess a strong track record of managing relationships with multiple internal and external stakeholders and leading multi-stakeholder groups
  • You’re willing to take feedback, learn and grow and have an ethos of continuous self-improvement
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Note: We view the above section as a guide, not a checklist. Research shows that underrepresented/marginalized groups are less likely to apply for a job if they feel that they don’t meet 100% of the qualifications. We welcome diverse and non-traditional backgrounds and encourage you to apply even if you don’t satisfy every single bullet on this list! It’s expected that you’ll learn and grow throughout your time at Morning Consult, so if you’re open to building new skills, we’d love to hear from you.

The expected salary range for this position is $124,900 - $205,500, with a midpoint of $165,200.

In most cases, we target the midpoint of our salary ranges for new hire compensation. This placement is reflective of full proficiency in a role. This role is eligible for additional variable compensation and an equity grant, which will be discussed in your initial recruiter conversation. Please see an overview of Morning Consult’s benefits on our Career Page.

We are committed to a work environment that is inclusive to all and free of discrimination. It is our policy to be an equal opportunity employer without regard to race, color, religion, sex, age, national origin, disability, sexual orientation, gender identity or expression, genetic predisposition or carrier status, veteran status, citizenship status or any other factors prohibited by law. Morning Consult will provide reasonable accommodations for qualified individuals.

MORNING CONSULT PRIVACY POLICY

Job Summary

JOB TYPE

Full Time

INDUSTRY

Business Services

SALARY

$191k-241k (estimate)

POST DATE

02/18/2024

EXPIRATION DATE

04/26/2024

WEBSITE

morningconsult.com

HEADQUARTERS

WASHINGTON, DC

SIZE

50 - 100

FOUNDED

2013

CEO

MICHAEL RAMLET

REVENUE

$5M - $10M

INDUSTRY

Business Services

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About Morning Consult

Morning Consult is a billion-dollar, global enterprise technology company delivering intelligent data to power leaders decisions. The companys proprietary AI technology, including both machine-learning and natural language processing solutions, pairs with leading, high-frequency datasets and access to more than 100 million people globally, to optimize decision making. Morning Consults proven approach gives users a leading advantage for more effective decision making at an unparalleled speed and scale. With physical offices in New York, Washington, D.C., San Francisco and Chicago, Morning Consu...lt continues to grow with savvy business development professionals who get to the heart of their clients problems, driven software engineers who have built game-changing web products, forward-thinking data scientists capable of executing complex analyses, ambitious reporters with an eye for spotting big trends, and designers who are as creative as they are detail-oriented. Join our team: https://bit.ly/3w6kZ7X Our Culture: Inc. - Best Workplaces 2021 Comparably - Best Places to Work 2021, Best Company Perks & Benefits 2020, Best CEOs for Women 2018 Forbes - Americas Best Startup Employers 2021 Deloitte - Technology Fast 500 2018 & 2019 Learn more at: www.morningconsult.com www.twitter.com/morningconsult www.facebook.com/morningconsult More
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The following is the career advancement route for Director, Business Development positions, which can be used as a reference in future career path planning. As a Director, Business Development, it can be promoted into senior positions as a Top Division Business Development Executive that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Director, Business Development. You can explore the career advancement for a Director, Business Development below and select your interested title to get hiring information.

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If you are interested in becoming a Director Business Development, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Director Business Development for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Director Business Development job description and responsibilities

They need to be able to manage sizable new sales and business projects.

03/02/2022: Florence, AL

A business development director also leads sales and client-relationship management, tracks new markets and emerging trends, recommends new products and services, proposes and develops new strategic partnerships, writes proposals and plans, and guides lon

03/01/2022: Port Arthur, TX

The Director Of Business Development drives business development growth.

04/10/2022: Casper, WY

The Director of Business Development will be responsible for developing business with key clients.

02/17/2022: Rock Hill, SC

At a high-level, this role will generate and secure short and long-term profitable business through proactive business development and account management based on a fundamental understanding of the customers' business, operations and objectives.

02/25/2022: Laramie, WY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Director Business Development jobs

Hire the Right Person at the Right Time.

04/07/2022: Elyria, OH

Use business development skills as a focus for professional development.

04/01/2022: Pine Bluff, AR

Offer creative opportunities to connect with customers.

02/16/2022: Altoona, PA

Hire the right business development leader.

05/01/2022: Fayetteville, AR

They should have a good understanding of general business strategies, the concerns and challenges of leaders, customer acquisition and retention, and the financial metrics that matter to executives.

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Step 3: View the best colleges and universities for Director Business Development.

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