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The differences between business strategists and business partners 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 strategist and a business partner. Additionally, a business partner has an average salary of $96,324, which is higher than the $62,796 average annual salary of a business strategist.
The top three skills for a business strategist include project management, digital marketing and client facing. The most important skills for a business partner are analytics, project management, and customer service.
| Business Strategist | Business Partner | |
| Yearly salary | $62,796 | $96,324 |
| Hourly rate | $30.19 | $46.31 |
| Growth rate | 10% | 10% |
| Number of jobs | 100,217 | 106,251 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A business strategist is responsible for developing strategic plans that will help improve an organization to reach its goals and targets and improve profitability. You will analyze existing business strategies and practices and provide recommendations for improvements. Other duties include developing product development and marketing strategies, providing direction and motivating staff to complete new projects and implement new tactics, and preparing presentations to clients and corporate investors. As a business strategist, you are also responsible for consulting with management and reviewing staff performance.
A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.
Business strategists and business partners have different pay scales, as shown below.
| Business Strategist | Business Partner | |
| Average salary | $62,796 | $96,324 |
| Salary range | Between $33,000 And $117,000 | Between $66,000 And $140,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Washington | Washington |
| Best paying company | VMware | ZS |
| Best paying industry | - | Technology |
There are a few differences between a business strategist and a business partner in terms of educational background:
| Business Strategist | Business Partner | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business strategists' and business partners' demographics:
| Business Strategist | Business Partner | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 56.2% Female, 43.8% |
| 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% |