Find out the top 10 core skills you need to master as a project development director and what hard skills you need to know to succeed in this job.
A Project Development Director is liable for overseeing the project presented using strategic thinking and clearly defined deliverable outcomes.
The duties of this post include working with the management to identify and realize increased value from identified company assets, contributing to the development of a vision and strategy for the business, looking for opportunities to work in partnerships with others in this field, developing robust business cases for the significant developments, taking a leading role in identifying potential new business, advising on and developing options for areas for potential future investment, leading development projects to successful completion and appointing such professional teams as necessary, preparing and presenting final project reports comparing projects outcomes in the initial business.
Core Skills Required to be a Project Development Director
Core skills describe a set of non-technical abilities, knowledge, and understanding that form the basis for successful participation in the workplace. Core skills enable employees to efficiently and professionally navigate the world of work and interact with others, as well as adapt and think critically to solve problems.
Core skills are often tagged onto job descriptions to find or attract employees with specific essential core values that enable the company to remain competitive, build relationships, and improve productivity.
A project development director should master the following 10 core skills to fulfill her job properly.
Delegation is assigning responsibility or authority to another person a junior or subordinate to carry out specific activities while remaining accountable for the outcome.
A Project Development Director must be equipped with skills on how to make the delegation work correctly to save the organization time and money and to allow the subordinate make wise decisions, skills, and motivation to become better and grow the company.
An initiative is the ability to assess and initiate things independently often done without any managerial influence offered.
A Project Development Director must train his workers to take up tasks without being asked to and work on them without being supervised to a quality that is accepted by the company, therefore nurturing a skill that grows the individual and the group as well.
Evaluating others is the capacity to see the individuality in others and recognize a person's unique point of view.
A Project Development Director must master the skills of evaluating others to help his staff members to identify their talents and match those talents to the proper job without trying to judge them by their actions that can create a misinterpretation of who they are.
Personal Accountability is the feeling that you are entirely responsible for your actions and consequences taking ownership without blaming others.
A Project Development Director should provide a list of duties and responsibilities that every employee is expected to perform and define timelines and supervisors who oversee the work to ensure each knows what she /he should do and remain accountable without passing blame.
Business Ethics is the ability to learn what is right and wrong in the world of business and choosing to do what is right at all times.
A Project Development Director must emulate good business ethic that is essential for the long-term success of an organization by implementing an ethical program that will foster a thriving entrepreneurial culture while increasing profitability and personal maturity.
Business Trend Awareness:
Business Trend Awareness is the capacity to be conscious of the changing ways in which the companies are developing in the marketplace.
A Project Development Director should have the required knowledge of new business trends that he can instigate or follow and the understanding of how they are impacting the business decisions which will eventually bring success to the employees as well as the enterprise
Entrepreneurial Thinking is a mindset that allows embraces critical questioning, innovation, service and continuous improvement with an attitude of change.
A Project Development Director should challenge himself to see the big picture and creatively think outside the box too with the ability to fight all the challenges faced and keep going in the face of calamity and the social skills needed to build great teams in the workplace.
Intercultural Competence is the knowledge and skills to successfully interact with people from other ethnic, religious, cultural, national and geographic groups.
A Project Development Director should have a high degree of intercultural competence that enables him to have successful interactions with people from different groups as well as train his employees to be sensitive to the cultural differences and be willing to modify their behavior as a sign of respect for each other.
Process Improvement is the creation of new processes or improving the existing ones that will work and take your corporation to the next level.
A Project Development Director must maintain the continuous improvements in the workplace that are favorable to the current investors, potential investors, and stock owners while working with methods that can serve as a foundation for future business decisions causing a profitable growth.
Technology Trend Awareness:
Technology Trend Awareness is staying updated with the useful upcoming trends that can serve your business better and easier.
A Project Development Director must be able to look back at the setbacks and success of the company and consider new possibilities for the future by the use of technology looking for a better, faster, more practical approach that can make business more productive.
Hard Skills Required to be a Project Development Director
Hard skills are job-specific skill sets, or expertise, that are teachable and whose presence can be tested through exams. While core skills are more difficult to quantify and less tangible, hard skills are quantifiable and more defined.
Hard skills are usually listed on an applicant's resume to help recruiters know the applicant's qualifications for the applied position. A recruiter, therefore, needs to review the applicant's resume and education to find out if he/she has the knowledge necessary to get the job done.
A project development director should have a good command of the following hard skills to succeed in her job.