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The differences between business development directors and business directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business development director, becoming a business director takes usually requires 4-6 years. Additionally, a business director has an average salary of $124,563, which is higher than the $117,784 average annual salary of a business development director.
The top three skills for a business development director include healthcare, CRM and patients. The most important skills for a business director are project management, healthcare, and sigma.
| Business Development Director | Business Director | |
| Yearly salary | $117,784 | $124,563 |
| Hourly rate | $56.63 | $59.89 |
| Growth rate | 10% | 6% |
| Number of jobs | 153,601 | 137,880 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.
Business directors are responsible for overseeing the development of an organization's business goals and objectives. They typically work to increase business revenue, identify and develop business opportunities, and expand the company's presence and its brands. Other duties and responsibilities may include establishing effective company policies, goals, and sales targets, overseeing financial and budgetary activities, and identifying ways to minimize cost and boost financial performance. Business directors are also expected to negotiate contracts with clients and suppliers and propose and develop new partnerships.
Business development directors and business directors have different pay scales, as shown below.
| Business Development Director | Business Director | |
| Average salary | $117,784 | $124,563 |
| Salary range | Between $72,000 And $192,000 | Between $86,000 And $178,000 |
| Highest paying City | San Francisco, CA | Providence, RI |
| Highest paying state | New Mexico | Rhode Island |
| Best paying company | alliantgroup | Ep Energy |
| Best paying industry | Finance | Finance |
There are a few differences between a business development director and a business director in terms of educational background:
| Business Development Director | Business Director | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between business development directors' and business directors' demographics:
| Business Development Director | Business Director | |
| Average age | 39 | 44 |
| Gender ratio | Male, 72.3% Female, 27.7% | Male, 63.3% Female, 36.7% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 68.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |