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What is a corporate development director and how to become one
Corporate development directors are responsible for implementing and developing long-term business strategies for their corporations. You will oversee a large staff, including employees in various departments, such as finance, strategic development, and long-term planning. Your job is to direct and perform market analysis, build market landscape, identify opportunities and resources, and supervise potential client relationships. You will also need to provide guidance and problem resolution and present strategic analysis to assist in developing business objectives and strategies. To do this, you must participate in strategic planning meetings and build relationships with the business unit to keep an ongoing flow of ideas that is aligned with the objectives.
A bachelor's degree in business management or a related field and at least ten years of experience in a supervisory position is required for this job. You should be well-spoken and professional, have excellent management and leadership skills, and maintain knowledge of strategic planning. Your average annual salary is $125,051.
Avg. Salary $159,614
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
American Indian and Alaska Native 0.23%
Asian 8.15%
Black or African American 3.04%
Hispanic or Latino 8.67%
Unknown 5.32%
White 74.58%
Genderfemale 30.32%
male 69.68%
Age - 38American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 38Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Corporate development director career paths
Key steps to become a corporate development director
Explore corporate development director education requirements
Start to develop specific corporate development director skills
Skills Percentages Corporate Development 17.81% Project Management 9.98% Financial Models 7.73% Business Development 7.03% HR 5.58% Complete relevant corporate development director training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New corporate development directors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a corporate development director based on U.S. Bureau of Labor Statistics data and data from real corporate development director resumes.Research corporate development director duties and responsibilities
- Create a competitive advantage by streamlining the RFP, sales and contract processes.
- Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
- Overhaul and optimize sales strategy, targeting, tactics, CRM, value proposition, training.
- Work with sales teams to translate customer needs to winning solutions, RFP responses and deal structuring.
Get corporate development director experience
Generally, it takes 8-10 years to become a corporate development director. The most common roles before becoming a corporate development director include vice president, director team lead and manager.Prepare your corporate development director resume
When your background is strong enough, you can start writing your corporate development director resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a corporate development director resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
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Apply for corporate development director jobs
Now it's time to start searching for a corporate development director job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
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Average corporate development director salary
The average corporate development director salary in the United States is $159,614 per year or $77 per hour. Corporate development director salaries range between $110,000 and $230,000 per year.
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Corporate development director reviews
B2B Communication and Building Relationships, Product\Strategy Development and Implementation, Solving Problems
Updated January 8, 2025
