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Become A Business Director

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Working As A Business Director

  • Making Decisions and Solving Problems
  • Communicating with Supervisors, Peers, or Subordinates
  • Getting Information
  • Coordinating the Work and Activities of Others
  • Guiding, Directing, and Motivating Subordinates
  • Deal with People

  • Make Decisions

  • Stressful

  • $137,000

    Average Salary

What Does A Business Director Do

Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations.

Duties

Top executives typically do the following:

  • Establish and carry out departmental or organizational goals, policies, and procedures
  • Direct and oversee an organization’s financial and budgetary activities
  • Manage general activities related to making products and providing services
  • Consult with other executives, staff, and board members about general operations
  • Negotiate or approve contracts and agreements
  • Appoint department heads and managers
  • Analyze financial statements, sales reports, and other performance indicators
  • Identify places to cut costs and to improve performance, policies, and programs

The responsibilities of top executives largely depend on an organization’s size. For example, an owner or manager of a small organization, such as an independent retail store, often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties. In large organizations, however, top executives typically focus more on formulating policies and strategic planning, while general and operations managers direct day-to-day operations.

The following are examples of types of top executives working in the private sector:

Chief executive officers (CEOs), who are also known by titles such as executive director, managing director, or president, provide overall direction for companies and organizations. CEOs manage company operations, formulate and implement policies, and ensure goals are met. They collaborate with and direct the work of other top executives and typically report to a board of directors.

Chief operating officers (COOs) oversee other executives who direct the activities of various departments, such as human resources and sales. They also carry out the organization’s guidelines on a day-to-day basis.

General and operations managers oversee operations that are too diverse and general to be classified into one area of management or administration. Responsibilities may include formulating policies, managing daily operations, and planning the use of materials and human resources. They make staff schedules, assign work, and ensure that projects are completed. In some organizations, the tasks of chief executive officers may overlap with those of general and operations managers.

The following are examples of types of top executives working in the public sector:

Mayors, along with governors, city managers, and county administrators, are chief executive officers of governments. They typically oversee budgets, programs, and the use of resources. Mayors and governors must be elected to office, whereas managers and administrators are typically appointed. 

Most educational systems, regardless of whether they are public or private school systems, also employ executive officers. The following are examples of top executives working in the elementary, secondary, and postsecondary educational school systems:

School superintendents and college or university presidents are chief executive officers of school districts and postsecondary schools. They manage issues such as student achievement, budgets and resources, general operations, and relations with government agencies and other stakeholders.

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How To Become A Business Director

Although education and training requirements vary widely by position and industry, many top executives have at least a bachelor’s degree and a considerable amount of work experience. 

Education

Many top executives have a bachelor’s or master’s degree in business administration or in an area related to their field of work. Top executives in the public sector often have a degree in business administration, public administration, law, or the liberal arts. Top executives of large corporations often have a master’s degree in business administration (MBA).

College presidents and school superintendents are typically required to have a master’s degree, although a doctorate is often preferred.

Although many mayors, governors, or other public sector executives have at least a bachelor’s degree, these positions typically do not have any specific education requirements.

Work Experience in a Related Occupation

Many top executives advance within their own firm, moving up from lower level managerial or supervisory positions. However, other companies may prefer to hire qualified candidates from outside their organization. Top executives who are promoted from lower level positions may be able to substitute experience for education to move up in the company. For example, in industries such as retail trade or transportation, workers without a college degree may work their way up to higher levels within the company to become executives or general managers.

Chief executives typically need extensive managerial experience. Executives are also expected to have experience in the organization’s area of specialty. Most general and operations managers hired from outside an organization need lower level supervisory or management experience in a related field.

Some general managers advance to higher level managerial or executive positions. Company training programs, executive development programs, and certification can often benefit managers or executives hoping to advance.

Important Qualities

Communication skills. Top executives must be able to communicate clearly and persuasively. They must effectively discuss issues and negotiate with others, direct subordinates, and explain their policies and decisions to those within and outside the organization.

Decisionmaking skills. Top executives need decisionmaking skills when setting policies and managing an organization. They must assess different options and choose the best course of action, often daily.

Leadership skills. Top executives must be able to lead an organization successfully by coordinating policies, people, and resources.

Management skills. Top executives must shape and direct the operations of an organization. For example, they must manage business plans, employees, and budgets.

Problem-solving skills. Top executives need to identify and resolve issues within an organization. They must be able to recognize shortcomings and effectively carry out solutions.

Time-management skills. Top executives do many tasks at the same time, typically under their own direction, to ensure that their work gets done and that they meet their goals.

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Business Director Jobs

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Help others decide if this is a good career for them

Average Length of Employment
Business Manager 4.0 years
Business Partner 3.6 years
Business Leader 3.0 years
Business Director 3.0 years
Top Careers Before Business Director
Director 8.4%
Manager 8.0%
Consultant 4.9%
Internship 4.0%
Top Careers After Business Director
Consultant 8.6%
Director 8.6%
President 5.2%
Owner 4.4%
Principal 3.4%

Do you work as a Business Director?

Business Director Demographics

Gender

Male

56.5%

Female

33.6%

Unknown

9.9%
Ethnicity

White

61.5%

Hispanic or Latino

14.7%

Black or African American

11.0%

Asian

8.9%

Unknown

3.9%
Show More
Foreign Languages Spoken

Spanish

38.4%

French

12.8%

Portuguese

8.0%

Chinese

7.2%

German

7.2%

Mandarin

5.2%

Italian

3.2%

Japanese

3.2%

Korean

2.8%

Russian

2.8%

Cantonese

2.4%

Arabic

2.0%

Hebrew

1.2%

Carrier

0.8%

Tagalog

0.8%

Swedish

0.4%

Swahili

0.4%

Vietnamese

0.4%

Cherokee

0.4%

Dutch

0.4%
Show More

Business Director Education

Schools

University of Phoenix

16.1%

New York University

7.9%

Pennsylvania State University

6.8%

University of Southern California

5.4%

Cornell University

5.0%

George Washington University

4.7%

Northwestern University

4.7%

Arizona State University

4.7%

Michigan State University

4.5%

Columbia University

4.3%

University of Florida

4.1%

Georgia State University

3.9%

DePaul University

3.9%

Southwestern Law School

3.8%

Indiana University Bloomington

3.6%

University of Pennsylvania

3.4%

Pepperdine University

3.4%

University of Missouri - Columbia

3.4%

Northeastern University

3.4%

Fordham University

3.2%
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Majors

Business

38.2%

Finance

9.5%

Marketing

8.0%

Accounting

7.7%

Management

5.9%

Law

5.3%

Communication

3.0%

Psychology

2.9%

Economics

2.8%

Political Science

2.3%

Computer Science

2.1%

Education

2.1%

Electrical Engineering

1.6%

English

1.6%

Mechanical Engineering

1.4%

Human Resources Management

1.3%

Biology

1.2%

International Business

1.1%

Legal Research And Advanced Professional Studies

1.1%

Educational Leadership

1.1%
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Degrees

Bachelors

40.4%

Masters

35.1%

Other

13.2%

Doctorate

5.7%

Associate

2.5%

Certificate

2.4%

Diploma

0.6%

License

0.1%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$137,000
View Detailed Salary Report
$92,000
Min 10%
$137,000
Median 50%
$137,000
Median 50%
$137,000
Median 50%
$137,000
Median 50%
$137,000
Median 50%
$137,000
Median 50%
$137,000
Median 50%
$203,000
Max 90%
Best Paying Company
Kellogg
Highest Paying City
Seattle, WA
Highest Paying State
Washington
Avg Experience Level
3.3 years
How much does a Business Director make at top companies?
The national average salary for a Business Director in the United States is $137,221 per year or $66 per hour. Those in the bottom 10 percent make under $92,000 a year, and the top 10 percent make over $203,000.

Real Business Director Salaries

Job Title Company Location Start Date Salary
Global New Business Director The Ogilvy Group LLC Coral Gables, FL May 14, 2015 $250,000
Director, Advisory Business Perella Weinberg Partners Group LP New York, NY Mar 16, 2015 $240,000 -
$260,000
Global Business Director Lagardere Unlimited Consulting LLC New York, NY Sep 26, 2015 $230,000
Director New Business Models GE Healthcare Bio-Sciences Corp. San Francisco, CA Mar 16, 2016 $230,000 -
$250,000
Director for Business and Legal Affairs Nhega LLC New York, NY Jun 15, 2016 $210,704
Director-Business Planning and Economics KMGP Services Company, Inc. Houston, TX Feb 17, 2014 $208,000
Director-Business Planning and Economics KMGP Service Co., Inc. Houston, TX Jul 01, 2015 $200,000
Styrene Monomer Business Director, Americas Styrolution America LLC Pasadena, TX Sep 15, 2014 $192,000
Senior Business Director Capital One Services, LLC McLean, VA Mar 18, 2015 $190,600 -
$254,100
Director of Business Travel Technology Julie A. Pearl APC San Francisco, CA Apr 07, 2014 $187,830
Director of Business Travel Technology Julie A. Pearl APC San Francisco, CA Jul 04, 2016 $187,830
Director, Business Excellence EP Energy Management, LLC Houston, TX Jun 14, 2015 $185,500
Director Business Transformation HSBC Bank USA, N.A. New York, NY Nov 03, 2014 $180,000
Business Director Anomaly Partners LLC New York, NY Jun 29, 2015 $180,000
Director of Business Affairs New York City Football Club LLC New York, NY Nov 30, 2015 $154,350
Business Director Capital One Services II LLC Tigard, OR Jan 08, 2014 $152,100 -
$199,400
Business Director Capital One Services II LLC Tigard, OR May 21, 2013 $152,100 -
$199,400
Director Global Markets Business Finance Standard Chartered Bank New York, NY Mar 17, 2013 $150,819
Principal, Director of Business Architecture Crankfrog, LLC Washington, DC Jul 01, 2013 $150,000
Business Strategy Director Circus Maximus, Inc. New York, NY Sep 18, 2014 $150,000
Director, Global Business and Economics Program Atlantic Council Washington, DC Nov 01, 2014 $150,000 -
$180,000
Director, Business Affairs Disney/ABC Cable Services Burbank, CA Sep 01, 2015 $150,000
Business Director International Grains and Cereal LLC Doral, FL Sep 16, 2015 $125,220
Director, Business Risk Forecasting & Modeling UBS Bank USA Weehawken, NJ Nov 17, 2016 $125,000 -
$140,000
Director of Business Affairs Livecareer N.A., Inc. New York, NY Jul 10, 2015 $125,000 -
$150,000
Director, Business Affairs Livecareer N.A., Inc. New York, NY Dec 12, 2014 $125,000 -
$150,000
Director of Business Affairs LC Holdings Pr, LLC San Juan, PR Aug 15, 2015 $124,000
Director, Strategic Diversified Business Blue Cross Blue Shield of Michigan Detroit, MI Apr 01, 2015 $123,750 -
$133,750
Director, Business Architecture American Express Travel Related Services Co., Inc. New York, NY Nov 18, 2013 $121,000
Executive Business Director Kaplan International Centers Santa Barbara, CA Dec 07, 2013 $120,000

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Top Skills for A Business Director

  1. Financial Statements
  2. Revenue Growth
  3. Sales Strategies
You can check out examples of real life uses of top skills on resumes here:
  • Analyze customer profitability of public companies 10K / 10Q and compare product line profitability vs. customer published financial statements.
  • Developed strategies and implemented actions to achieve key organizational objectives for market penetration, revenue growth and operating cash flow.
  • Created and implemented business plans and marketing/sales strategies for integrated marketing and advertising groups.
  • Awarded meritorious award as top corporate employee in support of minority business development by the MD/DC/VA Minority Supplier Development Council.
  • Collaborated with operations to identify potential business opportunities via technical feasibility studies and new product development.

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Top 10 Best States for Business Directors

  1. New York
  2. Colorado
  3. New Jersey
  4. Virginia
  5. Rhode Island
  6. District of Columbia
  7. Delaware
  8. Washington
  9. Pennsylvania
  10. Connecticut
  • (2,887 jobs)
  • (809 jobs)
  • (1,210 jobs)
  • (1,386 jobs)
  • (174 jobs)
  • (484 jobs)
  • (106 jobs)
  • (1,021 jobs)
  • (1,293 jobs)
  • (587 jobs)

Top Business Director Employers

Jobs From Top Business Director Employers

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