Business Officer Job Duties. Oversee financial operations, including budget preparation, financial forecasting, and the management of accounts payable and receivable to ensure the organization's financial health. Develop and implement business strategies, plans, and procedures to enhance operational efficiency and organizational growth.. What does a Chief Business Officer do? Business development managers are hired to grow an existing business by finding new and relevant opportunities. They develop an attainable business development strategy often focused on financial gain for the company and arrange business development meetings with prospective clients.

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Chief Business Officer Job Duties. Develop and implement comprehensive business strategies to facilitate company growth, focusing on revenue generation, market expansion, and product development. Oversee the negotiation and execution of major contracts, partnerships, and alliances, ensuring alignment with the company's strategic objectives.. Chief business officer (CBO) is the position of the top operating executive of growing commercial companies or an academic/research institution (such as a university, college, institute, or teaching hospital). In the commercial space, CBO shows leadership in deal-making experience with a clear record of results and ultimate transactional.