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Chief development officer vs business development director

The differences between chief development officers and business development directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a chief development officer, becoming a business development director takes usually requires 8-10 years. Additionally, a business development director has an average salary of $117,784, which is higher than the $116,047 average annual salary of a chief development officer.

The top three skills for a chief development officer include kids, oversight and CDO. The most important skills for a business development director are healthcare, CRM, and patients.

Chief development officer vs business development director overview

Chief Development OfficerBusiness Development Director
Yearly salary$116,047$117,784
Hourly rate$55.79$56.63
Growth rate8%10%
Number of jobs135,511153,601
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 74%
Average age4239
Years of experience410

What does a chief development officer do?

A chief development officer is responsible for joining the senior management team in incorporating business decisions that would benefit the organization in achieving long-term goals and objectives. Chief development officers lead the growth planning and strategizing techniques to improve operations and ensure customer satisfaction. They approve budgets and resources allocation across the organization to serve business functions and address issues. A chief development officer must have excellent communication and leadership skills, especially in raising funds and maintaining healthy relationships with business partners.

What does a business development director do?

A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.

Chief development officer vs business development director salary

Chief development officers and business development directors have different pay scales, as shown below.

Chief Development OfficerBusiness Development Director
Average salary$116,047$117,784
Salary rangeBetween $67,000 And $199,000Between $72,000 And $192,000
Highest paying CityNew York, NYSan Francisco, CA
Highest paying stateNew YorkNew Mexico
Best paying companyMcKinsey & Company Incalliantgroup
Best paying industryProfessionalFinance

Differences between chief development officer and business development director education

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

Chief Development OfficerBusiness Development Director
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 74%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Georgia

Chief development officer vs business development director demographics

Here are the differences between chief development officers' and business development directors' demographics:

Chief Development OfficerBusiness Development Director
Average age4239
Gender ratioMale, 66.7% Female, 33.3%Male, 72.3% Female, 27.7%
Race ratioBlack or African American, 6.0% Unknown, 4.7% Hispanic or Latino, 9.2% Asian, 5.1% White, 74.6% American Indian and Alaska Native, 0.4%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 Percentage16%10%

Differences between chief development officer and business development director duties and responsibilities

Chief development officer example responsibilities.

  • Manage SDLC process, while participating in requirements gathering, functional documentation, data analysis, and implementation plans.
  • Collaborate with, and provide oversight for, community providers, vendors, and contractors.
  • Partner with architects and provide weekly construction oversight.
  • Serve as back-up for payroll processing and benefits administrator.
  • Coordinate alumni benefits program, including travel and marketing services.
  • Thank and recognize donors in an appropriate and timely manner and manage and maintain donor database including updating and managing files.
  • Show more

Business development director example responsibilities.

  • Create and manage business development, government affairs and public relations initiatives to achieve growth objectives for this correctional healthcare company.
  • Achieve access to SVP level resulting in significant new business.
  • Manage network services, e-ticketing and packaging solutions, CRM solutions, message management, and e-provisioning/identity management/security solutions.
  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Track all sales and marketing activities using a CRM program and analyze data to optimize business development approach and management
  • Collaborate with the marketing team to ensure laser focuse messages at all conferences and trade shows ensuring competitive logistics solution offerings.
  • Show more

Chief development officer vs business development director skills

Common chief development officer skills
  • Kids, 13%
  • Oversight, 9%
  • CDO, 7%
  • Strategic Plan, 7%
  • Relationship Building, 6%
  • Fundraising Strategy, 6%
Common business development director skills
  • Healthcare, 9%
  • CRM, 5%
  • Patients, 4%
  • Customer Relationships, 4%
  • Account Management, 4%
  • Project Management, 4%

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