Corporate development director vs business development director

The differences between corporate development directors and business development directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a corporate development director and a business development director. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $117,784 average annual salary of a business development director.

The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for a business development director are healthcare, CRM, and patients.

Corporate development director vs business development director overview

	Corporate Development Director	Business Development Director
Yearly salary	$159,614	$117,784
Hourly rate	$76.74	$56.63
Growth rate	10%	10%
Number of jobs	95,421	153,601
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 74%
Average age	39	39
Years of experience	10	10

What does a corporate development director do?

Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.

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.

Corporate development director vs business development director salary

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

	Corporate Development Director	Business Development Director
Average salary	$159,614	$117,784
Salary range	Between $110,000 And $230,000	Between $72,000 And $192,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	Rhode Island	New Mexico
Best paying company	Mayo Clinic	alliantgroup
Best paying industry	Telecommunication	Finance

Differences between corporate development director and business development director education

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

	Corporate Development Director	Business Development Director
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 74%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Corporate development director vs business development director demographics

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

	Corporate Development Director	Business Development Director
Average age	39	39
Gender ratio	Male, 69.7% Female, 30.3%	Male, 72.3% Female, 27.7%
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%

Differences between corporate development director and business development director duties and responsibilities

Corporate development director example 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.
Support linguists and staff, providing sales and administrative tools (CRM) require to meet business objectives.
Liaise with healthcare providers to create provider-sponsore insurance product for small businesses.

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.

Corporate development director vs business development director skills

Common corporate development director skills

Corporate Development, 18%
Project Management, 10%
Financial Models, 8%
Business Development, 7%
HR, 6%
Mergers, 5%

Common business development director skills

Healthcare, 9%
CRM, 5%
Patients, 4%
Customer Relationships, 4%
Account Management, 4%
Project Management, 4%

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Corporate Development Director
Corporate Development Director vs Business Development Director

Updated January 8, 2025

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