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Director, business development and strategy vs director new business development

The differences between directors, business development and strategy 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 director, business development and strategy and a director new business development. Additionally, a director, business development and strategy has an average salary of $154,933, which is higher than the $110,272 average annual salary of a director new business development.

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 director new business development are business development, project management, and account management.

Director, business development and strategy vs director new business development overview

Director, Business Development And StrategyDirector New Business Development
Yearly salary$154,933$110,272
Hourly rate$74.49$53.02
Growth rate10%10%
Number of jobs160,378154,470
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 76%
Average age3939
Years of experience1010

What does a director, business development and strategy do?

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.

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.

Director, business development and strategy vs director new business development salary

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

Director, Business Development And StrategyDirector New Business Development
Average salary$154,933$110,272
Salary rangeBetween $107,000 And $224,000Between $72,000 And $168,000
Highest paying CityProvidence, RISacramento, CA
Highest paying stateRhode IslandCalifornia
Best paying companyMainline Health SystemsWpp Us Holdings Inc
Best paying industryHospitalityEnergy

Differences between director, business development and strategy and director new business development education

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

Director, Business Development And StrategyDirector New Business Development
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Director, business development and strategy vs director new business development demographics

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

Director, Business Development And StrategyDirector New Business Development
Average age3939
Gender ratioMale, 80.1% Female, 19.9%Male, 69.2% Female, 30.8%
Race ratioBlack 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 Percentage10%10%

Differences between director, business development and strategy and director new business development duties and responsibilities

Director, business development and strategy example 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.

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.
  • Show more

Director, business development and strategy vs director new business development skills

Common director, business development and strategy skills
  • Project Management, 16%
  • Market Trends, 15%
  • Product Development, 10%
  • Market Research, 5%
  • Strategic Plan, 5%
  • Corporate Strategy, 4%
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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