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What is a director, business development and strategy and how to become one

Updated January 8, 2025
4 min read

A director of strategic business development is a leadership individual who oversees an organization's or a company's revenue. They identify and develop new business opportunities to expand brand presence, profitability and revenue.

The director manages business goals and existing business partnerships, manages marketing efforts, proposes strategies to expand market share, and researches emerging business markets. These individuals also manage business development teams and work closely with executive leadership, stakeholders, and business management.

Most directors of business development and strategy have a bachelor's degree in finance, marketing, business, or a related field, and many employers require several years of experience in sales and marketing. A director of business development and strategy should possess strong leadership, communication, organizational and interpersonal skills, as well as have expert knowledge in how to strategically grow a business's profitability. A director of business development and strategy can make up to $128,000 per year, and the career field is expected to increase 8% in the next 10 years.

ScoreDirector, Business Development And StrategyUS Average
Salary
9.0

Avg. Salary $154,933

Avg. Salary $59,228

Stability level
7.5

Growth rate 10%

Growth rate 0.3%

Diversity
3.1
Race

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%

Gender

female 19.94%

male 80.06%

Age - 38
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 38
Stress level
7.5

Stress level is high

7.1 - high

Complexity level
9.0

Complexity level is advanced

7 - challenging

Work life balance
3.5

Work life balance is poor

6.4 - fair

Director, business development and strategy career paths

Key steps to become a director, business development and strategy

  1. Explore director, business development and strategy education requirements

    Most common director, business development and strategy degrees

    Bachelor's

    63.9 %

    Master's

    30.9 %

    Doctorate

    2.4 %
  2. Start to develop specific director, business development and strategy skills

    SkillsPercentages
    Project Management16.08%
    Market Trends14.80%
    Product Development9.57%
    Market Research4.84%
    Strategic Plan4.60%
  3. Complete relevant director, business development and strategy training and internships

    Accountants spend an average of 1-3 months on post-employment, on-the-job training. New directors, business development and strategy 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 director, business development and strategy based on U.S. Bureau of Labor Statistics data and data from real director, business development and strategy resumes.
  4. Research director, business development and strategy duties and responsibilities

    • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
    • Design funnels, campaigns and processes to maximize client ROI.
    • Provide mergers and acquisitions due diligence/modeling analysis/management/valuation support.
    • Provide mergers and acquisitions due diligence/modeling analysis/management/valuation support.
  5. Get director, business development and strategy experience

    Generally, it takes 8-10 years to become a director, business development and strategy. The most common roles before becoming a director, business development and strategy include business development director, director team lead and associate.
  6. Prepare your director, business development and strategy resume

    When your background is strong enough, you can start writing your director, business development and strategy 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 director, business development and strategy resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose from 10+ customizable director, business development and strategy resume templates

    Build a professional director, business development and strategy resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your director, business development and strategy resume.
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
    Director, Business Development And Strategy Resume
  7. Apply for director, business development and strategy jobs

    Now it's time to start searching for a director, business development and strategy job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first director, business development and strategy job

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Average director, business development and strategy salary

The average director, business development and strategy salary in the United States is $154,933 per year or $74 per hour. Director, business development and strategy salaries range between $107,000 and $224,000 per year.

Average director, business development and strategy salary
$154,933 Yearly
$74.49 hourly

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Director, business development and strategy reviews

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A zippia user wrote a review on Jul 2019
Cons

There's not much I dislike about the role, but the slow down from having to align multiple departments and functions together before being able to more forward with an initiative is a drain.


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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