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The differences between business development leads and directors new business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a business development lead and a director new business development. Additionally, a business development lead has an average salary of $118,868, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for a business development lead include project management, cloud and emerging technologies. The most important skills for a director new business development are business development, project management, and account management.
| Business Development Lead | Director New Business Development | |
| Yearly salary | $118,868 | $110,272 |
| Hourly rate | $57.15 | $53.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 172,226 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 76% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Business Development Leads oversee the continuous pursuit of growth opportunities for the company. They should be familiar with current industry trends and economic news. They should also be familiar with the business performance to identify areas for improvement and development. They should know the company's target market to help create marketing campaigns. Business development leads may also be asked to create product innovations that would cater to their target market's needs. They are expected to spearhead programs that aim to attract new clients and retain existing ones.
A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Business development leads and directors new business development have different pay scales, as shown below.
| Business Development Lead | Director New Business Development | |
| Average salary | $118,868 | $110,272 |
| Salary range | Between $84,000 And $167,000 | Between $72,000 And $168,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | California | California |
| Best paying company | Apple | Wpp Us Holdings Inc |
| Best paying industry | Technology | Energy |
There are a few differences between a business development lead and a director new business development in terms of educational background:
| Business Development Lead | Director New Business Development | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business development leads' and directors new business development' demographics:
| Business Development Lead | Director New Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 69.7% Female, 30.3% | Male, 69.2% Female, 30.8% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |