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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.
Avg. Salary $154,933
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 19.94%
male 80.06%
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
| Skills | Percentages |
|---|---|
| Project Management | 16.08% |
| Market Trends | 14.80% |
| Product Development | 9.57% |
| Market Research | 4.84% |
| Strategic Plan | 4.60% |
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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.
What am I worth?
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.