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The differences between business planning managers and business development managers 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 planning manager and a business development manager. Additionally, a business planning manager has an average salary of $115,251, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a business planning manager include business planning, competitive analysis and direct reports. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Business Planning Manager | Business Development Manager | |
| Yearly salary | $115,251 | $100,769 |
| Hourly rate | $55.41 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 133,931 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business planning manager is responsible for overseeing the business management process and ensuring that the staff meets productivity goals and targets. Business planning managers recruit and train new staff, handle budgets for projects, and identify opportunities that would increase more revenue resources and profits for the business. They also coordinate with clients for updates and adjust business plans as needed. A business planning manager must have excellent communication and leadership skills to manage teams and achieve long-term objectives.
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Business planning managers and business development managers have different pay scales, as shown below.
| Business Planning Manager | Business Development Manager | |
| Average salary | $115,251 | $100,769 |
| Salary range | Between $87,000 And $151,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | Meta | Shearman & Sterling |
| Best paying industry | Finance | Finance |
There are a few differences between a business planning manager and a business development manager in terms of educational background:
| Business Planning Manager | Business Development Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business planning managers' and business development managers' demographics:
| Business Planning Manager | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.2% Female, 34.8% | Male, 68.6% Female, 31.4% |
| 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% |