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The differences between directors, business development and strategy and directors of sales & business development 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 a director of sales & business development 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 $82,585 average annual salary of a director of sales & 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 of sales & business development are value proposition, sales cycle, and CRM.
| Director, Business Development And Strategy | Director Of Sales & Business Development | |
| Yearly salary | $154,933 | $82,585 |
| Hourly rate | $74.49 | $39.70 |
| Growth rate | 10% | 5% |
| Number of jobs | 160,378 | 163,561 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 79% |
| 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.
A director of sales & business development is responsible for monitoring the business and project plans, ensuring that the sales targets are met, according to project requirements and specifications. Directors of sales & business development perform data analysis to track business performance and identify opportunities to grow revenues and profits. They also coordinate with the clients and maintain healthy business relationships by enhancing their brand image on various platforms and reach the target audience. A director of sales & business development works closely with the marketing and sales team for public relations and marketing campaigns placement.
Directors, business development and strategy and directors of sales & business development have different pay scales, as shown below.
| Director, Business Development And Strategy | Director Of Sales & Business Development | |
| Average salary | $154,933 | $82,585 |
| Salary range | Between $107,000 And $224,000 | Between $38,000 And $176,000 |
| Highest paying City | Providence, RI | Arlington, VA |
| Highest paying state | Rhode Island | Oregon |
| Best paying company | Mainline Health Systems | Mastercard |
| Best paying industry | Hospitality | Technology |
There are a few differences between a director, business development and strategy and a director of sales & business development in terms of educational background:
| Director, Business Development And Strategy | Director Of Sales & Business Development | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 79% |
| 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 directors of sales & business development' demographics:
| Director, Business Development And Strategy | Director Of Sales & Business Development | |
| Average age | 39 | 46 |
| Gender ratio | Male, 80.1% Female, 19.9% | Male, 81.5% Female, 18.5% |
| 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% |