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Principal Consultant - Buisness Development Manager (E&U)

Company Description

We are a Digital Product Engineering company that is scaling in a big way! We build products, services, and experiences that inspire, excite, and delight. We work at scale — across all devices and digital mediums, and our people exist everywhere in the world (18000+ experts across 37 countries, to be exact). Our work culture is dynamic and non-hierarchical. We are looking for great new colleagues. That is where you come in!

Job Description

About the Role:

We are seeking a self-driven and experienced Business Development Manager to join our team in the United States. This is an individual contributor role, primarily focused on hunting for new clients ("new logos") within the Energy & Utilities (E&U) sector. The ideal candidate must demonstrate a high degree of ownership and accountability to identify opportunities, build relationships, and consistently meet quarterly and annual revenue targets.

Key Responsibilities:

  • New Business Development:
    • Identify and target potential clients in the Energy & Utilities domain.
    • Develop and execute strategies to generate new business opportunities through outreach, networking, and leveraging industry connections.
    • Build and maintain a strong pipeline of prospective clients to achieve and exceed revenue targets.
  • Sales Strategy:
    • Develop and implement effective sales strategies to achieve growth and revenue targets.
  • Client Engagement:
    • Understand client needs and challenges within the E&U sector, especially those that can be addressed through IT solutions.
    • Present tailored IT service solutions that align with client objectives, emphasizing the company's value proposition.
    • Lead end-to-end sales processes, including presentations, proposals, negotiations, and deal closures.
  • Collaboration and Support:
    • Collaborate with internal teams (e.g., practice, marketing, presales, delivery, technical experts) to develop proposals and solutions tailored to client needs.
    • Leverage organizational resources effectively while maintaining accountability for closing deals and meeting targets.
  • Market Research and Strategy:
    • Stay updated on industry trends, competitive dynamics, and emerging technologies in the E&U sector and IT services.
    • Identify opportunities to differentiate offerings and create value for clients.
    • Provide feedback to internal teams to refine go-to-market strategies and service offerings.
  • Performance Tracking and Reporting:
    • Maintain accurate records of sales activities, pipeline progress, and performance metrics using CRM tools.
    • Provide regular updates and reports to leadership on business development efforts and achievements.

Qualifications

  • Experience:
    • 10+ years of experience in business development, sales, or account management within the IT services industry, preferably focusing on the Energy & Utilities sector.
    • Proven track record as an individual contributor in acquiring new clients and consistently achieving/exceeding revenue targets.
    • Deep understanding of IT services and solutions relevant to the Energy & Utilities industry, such as Cloud, wearables, IoT, smart grid, smart meters, forecasting, meter data management, billing, and customer service.
    • Strong preference for consulting experience with enterprise solutions such as Salesforce, SAP, AWS, Azure, and ServiceNow.
    • Exceptional communication, negotiation, and presentation skills, with the ability to engage C-level executives.
    • Experience managing client relationships for key accounts (over $10M USD) for growth and retention.
    • Proficiency in CRM tools and Microsoft Office Suite.
    • Strong network within power utilities companies in the US.
  • Education:
    • Bachelor’s degree in Business, Marketing, Information Technology, or a related field.
    • MBA preferred.
  • Skills:
    • Strong interpersonal and communication skills.
    • Proven ability to manage multiple projects and meet deadlines.
    • Excellent negotiation and presentation skills.
    • Strategic thinker with a results-driven approach.
  • Attributes:
    • Self-motivated and proactive.
    • Ability to work independently and as part of a team.
    • High level of integrity and professionalism.

Additional Information

Disclaimer: Nagarro is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will be afforded equal employment opportunities without discrimination based on race, creed, color, national origin, sex, age, disability, or marital status.

Average salary estimate

$125000 / YEARLY (est.)
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$100000K
$150000K

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What You Should Know About Principal Consultant - Buisness Development Manager (E&U), Nagarro

As a Principal Consultant - Business Development Manager (E&U) at Nagarro, you’ll be at the forefront of shaping our journey within the Energy & Utilities sector. This role is not just about closing deals; it’s about building lasting relationships with potential clients and becoming a trusted advisor in the field. If you have a passion for identifying new business opportunities and a knack for connecting with key decision-makers, this is the perfect role for you. You'll utilize your 10+ years of experience in business development, specifically tailored to IT services, to pinpoint and target prospective clients that align with our innovative digital solutions. We thrive on collaboration, meaning you’ll work closely with various teams to craft targeted proposals that resonate with client needs and challenges. Your familiarity with industry trends, IoT, cloud computing, and enterprise solutions like Salesforce or SAP will allow you to effectively communicate our value proposition. Plus, the flexibility of working remotely lets you connect with clients from anywhere in the U.S. In this dynamic position, you'll be responsible for maintaining an active pipeline and achieving ambitious revenue targets while nurturing client relationships and contributing to a workplace that values initiative and integrity. Are you ready to make an impactful difference in the E&U sector with Nagarro?

Frequently Asked Questions (FAQs) for Principal Consultant - Buisness Development Manager (E&U) Role at Nagarro
What are the main responsibilities of the Principal Consultant - Business Development Manager at Nagarro?

The Principal Consultant - Business Development Manager at Nagarro is responsible for hunting new clients within the Energy & Utilities sector, developing and executing effective sales strategies, managing the sales process from proposal to closure, and collaborating with internal teams to tailor solutions that meet client needs. This role emphasizes building relationships and maintaining a strong pipeline to achieve revenue targets.

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What qualifications are needed for the Principal Consultant - Business Development Manager position at Nagarro?

Candidates for the Principal Consultant - Business Development Manager position at Nagarro should have over 10 years of experience in business development within the IT services industry, preferably in the Energy & Utilities sector. A Bachelor’s degree in Business or a related field is required, and an MBA is preferred. Strong communication and negotiation skills are essential.

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How does the Principal Consultant - Business Development Manager contribute to client engagement at Nagarro?

The Principal Consultant - Business Development Manager plays a critical role in client engagement by understanding their needs and challenges in the Energy & Utilities sector. They present tailored IT solutions that align with client objectives, lead the sales process, and nurture relationships to ensure satisfaction and retention.

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What skills should a successful Principal Consultant - Business Development Manager possess at Nagarro?

A successful Principal Consultant - Business Development Manager at Nagarro should have exceptional interpersonal and communication skills, a strategic mindset, and the ability to manage multiple projects effectively. Proficiency in CRM tools, depth in IT services pertinent to the Energy & Utilities sector, and a strong network within power utility companies are also vital components of this role.

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What is the company culture like for the Principal Consultant - Business Development Manager position at Nagarro?

Nagarro prides itself on a dynamic, non-hierarchical work culture that encourages innovation and collaboration. As a Principal Consultant - Business Development Manager, you'll find an inclusive environment that celebrates diversity, values individual contributions, and supports professional growth.

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Common Interview Questions for Principal Consultant - Buisness Development Manager (E&U)
How do you approach identifying new business opportunities in the Energy & Utilities sector?

In answering this question, highlight your research skills and experience in networking within the industry. Share specific tactics you have used to identify potential clients, such as industry events, LinkedIn outreach, or market analysis.

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Can you discuss a successful sales strategy you've developed and implemented?

When addressing this question, detail a specific sales strategy you've created, including the objectives, the process, and the results achieved. Emphasize your ability to customize approaches based on client needs.

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Describe a time when you faced a significant challenge in a sales process and how you overcame it.

To effectively answer this, choose a challenging situation you encountered while pursuing a client. Detail the obstacles faced, your thought processes, and the steps taken to turn the situation around, ultimately leading to a successful closure.

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How do you build and maintain relationships with C-level executives?

Discuss your approach to relationship-building, such as engaging in meaningful conversations, understanding their business objectives, and providing insights that demonstrate your expertise and value.

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What methods do you use to stay updated on industry trends and competitive dynamics?

Share specific resources you utilize, like industry publications, web seminars, networking groups, and other platforms to track what’s happening in the Energy & Utilities sector and stay ahead of the curve.

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How do you leverage internal resources to close deals more effectively?

Explain how you collaborate with various internal teams, such as marketing or technical experts, to develop tailored solutions, emphasizing the importance of teamwork in achieving sales objectives.

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What tools do you prefer for tracking sales metrics and why?

Discuss your familiarity with CRM tools, highlighting specific features that enable you to track metrics, analyzing performance, and managing your sales pipeline.

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How do you tailor your presentations to meet client needs?

Illustrate your customization process, focusing on understanding client challenges and adapting your presentation content to resonate with their specific situations and objectives.

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What do you believe is the biggest challenge facing the Energy & Utilities sector today?

Provide an insightful analysis of current industry challenges, such as regulatory changes, technology adoption, or sustainability pressures, and how your solutions can help clients overcome these hurdles.

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How do you prioritize competing projects to meet deadlines?

Share your organizational techniques or tools you use to manage multiple projects, including prioritizing based on client impact, deadlines, and resource availability to ensure timely completion.

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DATE POSTED
January 3, 2025

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