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The differences between directors, business development and strategy 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 director, business development and strategy and a business development director. Additionally, a director, business development and strategy has an average salary of $154,933, which is higher than the $117,784 average annual salary of a business development 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 a business development director are healthcare, CRM, and patients.
| Director, Business Development And Strategy | Business Development Director | |
| Yearly salary | $154,933 | $117,784 |
| Hourly rate | $74.49 | $56.63 |
| Growth rate | 10% | 10% |
| Number of jobs | 160,378 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
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.
Directors, business development and strategy and business development directors have different pay scales, as shown below.
| Director, Business Development And Strategy | Business Development Director | |
| Average salary | $154,933 | $117,784 |
| Salary range | Between $107,000 And $224,000 | Between $72,000 And $192,000 |
| Highest paying City | Providence, RI | San Francisco, CA |
| Highest paying state | Rhode Island | New Mexico |
| Best paying company | Mainline Health Systems | alliantgroup |
| Best paying industry | Hospitality | Finance |
There are a few differences between a director, business development and strategy and a business development director in terms of educational background:
| Director, Business Development And Strategy | Business Development Director | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between directors, business development and strategy' and business development directors' demographics:
| Director, Business Development And Strategy | Business Development Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 80.1% Female, 19.9% | 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% |