Corporate development director vs director new business development

The differences between corporate development directors 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 corporate development director and a director new business development. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $110,272 average annual salary of a director new business development.

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

Corporate development director vs director new business development overview

	Corporate Development Director	Director New Business Development
Yearly salary	$159,614	$110,272
Hourly rate	$76.74	$53.02
Growth rate	10%	10%
Number of jobs	95,421	154,470
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 76%
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 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.

Corporate development director vs director new business development salary

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

	Corporate Development Director	Director New Business Development
Average salary	$159,614	$110,272
Salary range	Between $110,000 And $230,000	Between $72,000 And $168,000
Highest paying City	San Francisco, CA	Sacramento, CA
Highest paying state	Rhode Island	California
Best paying company	Mayo Clinic	Wpp Us Holdings Inc
Best paying industry	Telecommunication	Energy

Differences between corporate development director and director new business development education

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

	Corporate Development Director	Director New Business Development
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 76%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Corporate development director vs director new business development demographics

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

	Corporate Development Director	Director New Business Development
Average age	39	39
Gender ratio	Male, 69.7% Female, 30.3%	Male, 69.2% Female, 30.8%
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 director new business development 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.

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.

Corporate development director vs director new business development skills

Common corporate development director skills

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

Common director new business development skills

Business Development, 20%
Project Management, 10%
Account Management, 9%
Business Strategies, 5%
Treasury, 5%
Corporate Clients, 5%

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Corporate Development Director
Corporate Development Director vs Director New Business Development

Updated January 8, 2025

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