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The differences between business leaders and heads of business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a business leader, becoming a head of business development takes usually requires 8-10 years. Additionally, a head of business development has an average salary of $134,190, which is higher than the $90,430 average annual salary of a business leader.
The top three skills for a business leader include analytics, project management and customer service. The most important skills for a head of business development are cloud, C++, and project management.
| Business Leader | Head Of Business Development | |
| Yearly salary | $90,430 | $134,190 |
| Hourly rate | $43.48 | $64.51 |
| Growth rate | 6% | 10% |
| Number of jobs | 117,296 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 63% |
| Average age | 44 | 39 |
| Years of experience | 6 | 10 |
Business Leaders are considered trailblazers in their field. They are innovative thinkers who often introduce solutions to their industry's challenges. They inspire people pursuing careers in their field and even those outside the industry to strive harder and create their paths to success. Employees often look up to Business Leaders, which is why they must be motivating. They also oversee their business operations and often set long-term targets and strategies to achieve these targets. They think outside the box to set their business apart from their competitors.
A head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
Business leaders and heads of business development have different pay scales, as shown below.
| Business Leader | Head Of Business Development | |
| Average salary | $90,430 | $134,190 |
| Salary range | Between $56,000 And $145,000 | Between $94,000 And $191,000 |
| Highest paying City | New York, NY | Seattle, WA |
| Highest paying state | New York | Washington |
| Best paying company | Lyft | Meta |
| Best paying industry | Pharmaceutical | Telecommunication |
There are a few differences between a business leader and a head of business development in terms of educational background:
| Business Leader | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Georgia |
Here are the differences between business leaders' and heads of business development' demographics:
| Business Leader | Head Of Business Development | |
| Average age | 44 | 39 |
| Gender ratio | Male, 64.4% Female, 35.6% | Male, 74.2% Female, 25.8% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% | 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% |