Development Director: Job Description

The success of the enterprise depends on how professionally the development director will fulfill his duties. Therefore, high demands are placed on candidates for this position, which may differ in different companies.

Requirements for a candidate:

• higher education (legal or economic);
• work experience in the field of leadership for 3-5 years;
• knowledge of the market economy, the basics of entrepreneurship, theory and practice of management, marketing, micro and macroeconomics, business administration, financial affairs.
• 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 determining the general concept of the development of the company. The development director must substantiate the goals of the enterprise, develop an effective development plan and strategy, and also 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 them with the innovations of the colleagues involved in the project. The job description of the development director also implies that he will appoint people responsible for certain tasks and coordinate the implementation of the plan. He also needs to set budgeting priorities and evaluate all significant commercial and production processes.

For each development project, a performance calculation is necessary. Based on the financial and economic indicators at each stage of the project.

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 activity.

The competence of this specialist is also the development of techniques for responding to non-standard and crisis situations.

Development Director Rights

An employee has the right to receive complete information, including commercial, on the performance of the company. Upon request, he can get all the information and all the documents that he will need to work. The management should provide it with all necessary technical means.

An employee has the right to issue orders related to the development of the enterprise, as well as to endorse and sign documents that are within his competence.

The development director can get acquainted with the criteria by which the quality of his work is determined, as well as with the documents defining his duties and rights.

In general, the responsibilities provided for the person holding this position vary from company to company. Some enterprises employ several specialists, each of which is responsible for its own path:

• marketing and sales;
• development of new territories and directions, development and research;
• organizational development and management.