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The differences between business strategists and strategists 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 strategist. Additionally, a strategist has an average salary of $104,881, 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 strategist are project management, customer satisfaction, and powerpoint.
| Business Strategist | Strategist | |
| Yearly salary | $62,796 | $104,881 |
| Hourly rate | $30.19 | $50.42 |
| Growth rate | 10% | 10% |
| Number of jobs | 100,217 | 44,596 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| 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.
The job of the strategist involves the development and implementation of a strategy. Generally, strategists set goals, identify actions to achieve the objectives, and mobilize resources for the actions. They make functional strategies for businesses and profit improvement. They are considered as the thinkers who develop the course of a project of the business program. The skills necessary for this job include critical thinking, management skills, attention to detail, and leadership skill. They should be equipped with knowledge about business and management.
Business strategists and strategists have different pay scales, as shown below.
| Business Strategist | Strategist | |
| Average salary | $62,796 | $104,881 |
| Salary range | Between $33,000 And $117,000 | Between $62,000 And $176,000 |
| Highest paying City | San Francisco, CA | Hartford, CT |
| Highest paying state | Washington | Connecticut |
| Best paying company | VMware | The Citadel |
| Best paying industry | - | Technology |
There are a few differences between a business strategist and a strategist in terms of educational background:
| Business Strategist | Strategist | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between business strategists' and strategists' demographics:
| Business Strategist | Strategist | |
| Average age | 39 | 39 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 54.5% Female, 45.5% |
| 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% |