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A chief business development officer (CBDO) is a position within a company established beside the other executive positions reporting to CEO and COO.The title is used to define a high-ranking position alongside the CEO.
Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]
Additionally, the title chief business development officer title is often shortened to chief business officer in biotechnology, information technology, and startup companies. A CBO is responsible for the administrative, financial, and operations management of the organization, often combining the roles of chief administrative officer (CAO ...
You can find a CEO role for an existing business. However, starting your own firm might be more appealing, especially since existing companies are expected to reduce top management roles. 2.
In practice, the term business development and its actor, the business developer, have evolved into many usages and applications. Today, the applications of business development and the business developer or marketer tasks across industries and countries, cover everything from IT-programmers, specialized engineers, advanced marketing or key account management activities, and sales and ...
As a corporate officer position, the CCO generally reports directly to the chief executive officer (CEO) and is primarily concerned with ensuring the integrated commercial success of an organization. The role typically must combine technical knowledge of the relevant field with strong marketing and business development skills. [1]