Post job

Business strategist vs director new business development

The differences between business strategists and directors new business development 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 director new business development. Additionally, a director new business development has an average salary of $110,272, 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 director new business development are business development, project management, and account management.

Business strategist vs director new business development overview

Business StrategistDirector New Business Development
Yearly salary$62,796$110,272
Hourly rate$30.19$53.02
Growth rate10%10%
Number of jobs100,217154,470
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Average age3939
Years of experience1010

What does a business strategist do?

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.

What does a director new business development do?

A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

Business strategist vs director new business development salary

Business strategists and directors new business development have different pay scales, as shown below.

Business StrategistDirector New Business Development
Average salary$62,796$110,272
Salary rangeBetween $33,000 And $117,000Between $72,000 And $168,000
Highest paying CitySan Francisco, CASacramento, CA
Highest paying stateWashingtonCalifornia
Best paying companyVMwareWpp Us Holdings Inc
Best paying industry-Energy

Differences between business strategist and director new business development education

There are a few differences between a business strategist and a director new business development in terms of educational background:

Business StrategistDirector New Business Development
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Business strategist vs director new business development demographics

Here are the differences between business strategists' and directors new business development' demographics:

Business StrategistDirector New Business Development
Average age3939
Gender ratioMale, 62.2% Female, 37.8%Male, 69.2% Female, 30.8%
Race ratioBlack 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 Percentage10%10%

Differences between business strategist and director new business development duties and responsibilities

Business strategist example responsibilities.

  • Implement corrections and removals for multiple product lines; manage responses to FDA; no relate FDA inspections occur.
  • Develop and manage API program expanding long tail of partnerships exponentially.
  • Lead and manage large RFP responses to ensure corporate objectives for profitability, sustainability, and operational delivery objectives are meet.
  • Deliver CRM plan for Sony's VAIO division.
  • Maintain Facebook presence and other social media outlets.
  • Design and daily maintenance of website, Facebook and other social media outlets.
  • Show more

Director new business development example responsibilities.

  • Manage all duties of prospecting and closing new business from B2B to B2C clientele while performing CRM duties.
  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Direct request for proposal (RFP) and agency pitch processes from development to implementation.
  • Define the product strategy and personally establish OEM relationships including Intel, Compaq, and Microsoft.
  • Transform marketing strategy including the use of CRM technology and social media successfully engaging new potential clients.
  • Develop OEM project proposals for potential international partnerships.
  • Show more

Business strategist vs director new business development skills

Common business strategist skills
  • Project Management, 11%
  • Digital Marketing, 10%
  • Client Facing, 4%
  • Business Objectives, 4%
  • Business Model, 4%
  • ROI, 3%
Common director new business development skills
  • Business Development, 20%
  • Project Management, 10%
  • Account Management, 9%
  • Business Strategies, 5%
  • Treasury, 5%
  • Corporate Clients, 5%

Browse executive management jobs