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Business executive vs specialist-small business

The differences between business executives and specialist-small businesses can be seen in a few details. Each job has different responsibilities and duties. Additionally, a specialist-small business has an average salary of $72,318, which is higher than the $63,101 average annual salary of a business executive.

The top three skills for a business executive include customer service, customer satisfaction and revenue growth. The most important skills for a specialist-small business are customer service, customer relationships, and business development.

Business executive vs specialist-small business overview

Business ExecutiveSpecialist-Small Business
Yearly salary$63,101$72,318
Hourly rate$30.34$34.77
Growth rate6%10%
Number of jobs138,09774,941
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 63%
Average age4444
Years of experience6-

What does a business executive do?

The duties of a business executive depend upon their position and industry of employment. In general, they are in charge of spearheading and overseeing business operations to ensure that everything runs smoothly and efficiently. They typically have the power to make corporate decisions, set goals and budgets, establish guidelines and timelines, negotiate with potential business partners, and develop business strategies to optimize overall operations. Moreover, a business executive implements and promotes company policies and regulations, creating new ones as needed.

What does a specialist-small business do?

A small business specialist develops new business programs to meet changing customer demands. They are responsible for ensuring integrity and consistency in the domain of business. They analyze causes of a business issue, obtain business data, and make enquiries. They are responsible for making purchase agreements, confidentiality arrangements, and joint venture arrangement.

Business executive vs specialist-small business salary

Business executives and specialist-small businesses have different pay scales, as shown below.

Business ExecutiveSpecialist-Small Business
Average salary$63,101$72,318
Salary rangeBetween $29,000 And $135,000Between $41,000 And $124,000
Highest paying CityAlbany, NY-
Highest paying stateNew York-
Best paying companyThe Walt Disney Company-
Best paying industry--

Differences between business executive and specialist-small business education

There are a few differences between a business executive and a specialist-small business in terms of educational background:

Business ExecutiveSpecialist-Small Business
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaWestern Carolina University

Business executive vs specialist-small business demographics

Here are the differences between business executives' and specialist-small businesses' demographics:

Business ExecutiveSpecialist-Small Business
Average age4444
Gender ratioMale, 59.9% Female, 40.1%Male, 57.7% Female, 42.3%
Race ratioBlack or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%Black or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%
LGBT Percentage10%11%

Differences between business executive and specialist-small business duties and responsibilities

Business executive example responsibilities.

  • Manage origination initiatives associate with business accounts, treasury products, and loans while adhering to bank compliance procedures.
  • Consult with businesses to supply accurate product and service information in healthcare territory.
  • Utilize visualization techniques, forecasting, modeling, statistical analysis, and predictive analytics to design and maintain internal business solutions.
  • Require extensive knowledge of trusts, annuities, mutual funds, stocks, capital markets and mortgages.

Specialist-small business example responsibilities.

  • Lead the consumer sales and all service functions within a banking center.
  • Develop new business strategies, increase target market sales and manage it by using different prospecting, tracking and selling methods.
  • Manage a portfolio in various stages of workout including liquidation, refinancing, restructure, rehabilitation, bankruptcy and litigation.
  • Respond, adhere and remain compliant with all consumer and business customer request.
  • Automate risk management strategies and regulatory compliance requirements through the bank's loan origination system.
  • Develop revenue enhancing opportunities target to consumers, marketing weight loss products and relate education to multiple healthcare providers.
  • Show more

Business executive vs specialist-small business skills

Common business executive skills
  • Customer Service, 22%
  • Customer Satisfaction, 12%
  • Revenue Growth, 10%
  • Emerging Technologies, 8%
  • Healthcare, 5%
  • Business Development, 5%
Common specialist-small business skills
  • Customer Service, 13%
  • Customer Relationships, 10%
  • Business Development, 7%
  • Business Portfolio, 7%
  • Business Administration, 6%
  • Business Accounts, 4%

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