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The differences between directors, business development and strategy and account directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a director, business development and strategy, becoming an account director takes usually requires 6-8 years. Additionally, a director, business development and strategy has an average salary of $154,933, which is higher than the $114,728 average annual salary of an account director.
The top three skills for a director, business development and strategy include project management, market trends and product development. The most important skills for an account director are account management, project management, and work ethic.
| Director, Business Development And Strategy | Account Director | |
| Yearly salary | $154,933 | $114,728 |
| Hourly rate | $74.49 | $55.16 |
| Growth rate | 10% | 5% |
| Number of jobs | 160,378 | 132,260 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 80% |
| Average age | 39 | 46 |
| Years of experience | 10 | 8 |
A director of business development and strategy spearheads and oversees a company's business development programs, ensuring efficiency and smooth workflow. They are responsible for setting goals and guidelines, establishing schedules and budgets, delegating tasks, and monitoring the progress of all operations, implementing solutions against problem areas. They must also gather and analyze data to identify the strengths and weaknesses of current procedures and develop strategies to optimize operations. Moreover, as a director, they must promote and enforce the company's policies and regulations, create new ones as needed.
An account director is responsible for managing client accounts, monitoring budgets, and sales forecasting. Their goal is to maintain stable account management strategies, meet clients' demands, develop healthy professional partnerships that would generate revenues, increase profitability, and achieve the organization's long-term goals objectives. Account directors supervise the account management staff, ensuring the project's successful completion with the highest efficiency and accuracy. An account director also plans training programs to maximize their performance and productivity, especially when dealing with deadlines and clients' requests.
Directors, business development and strategy and account directors have different pay scales, as shown below.
| Director, Business Development And Strategy | Account Director | |
| Average salary | $154,933 | $114,728 |
| Salary range | Between $107,000 And $224,000 | Between $82,000 And $158,000 |
| Highest paying City | Providence, RI | San Francisco, CA |
| Highest paying state | Rhode Island | New Jersey |
| Best paying company | Mainline Health Systems | BuzzFeed |
| Best paying industry | Hospitality | Professional |
There are a few differences between a director, business development and strategy and an account director in terms of educational background:
| Director, Business Development And Strategy | Account Director | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 80% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between directors, business development and strategy' and account directors' demographics:
| Director, Business Development And Strategy | Account Director | |
| Average age | 39 | 46 |
| Gender ratio | Male, 80.1% Female, 19.9% | Male, 50.9% Female, 49.1% |
| 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, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 7% |