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The differences between directors, business development and strategy and directors of strategy 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 of strategy. Additionally, a director, business development and strategy has an average salary of $154,933, which is higher than the $145,870 average annual salary of a director of strategy.
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 strategy are analytics, healthcare, and project management.
| Director, Business Development And Strategy | Director Of Strategy | |
| Yearly salary | $154,933 | $145,870 |
| Hourly rate | $74.49 | $70.13 |
| Growth rate | 10% | 10% |
| Number of jobs | 160,378 | 65,254 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 68% |
| 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 director of the strategy works together with senior managers in a company to determine where the company is going and how it will get there. This role is frequently found in big companies. The director of the strategy directly reports to senior management and can also be a valuable member of the management lineup. The director often works with a small team consisting of analysts and support staff. The director of the strategy is also responsible for getting and assessing information about the industry and current market trends, competitors, and possible business opportunities.
Directors, business development and strategy and directors of strategy have different pay scales, as shown below.
| Director, Business Development And Strategy | Director Of Strategy | |
| Average salary | $154,933 | $145,870 |
| Salary range | Between $107,000 And $224,000 | Between $107,000 And $198,000 |
| Highest paying City | Providence, RI | San Francisco, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | Mainline Health Systems | McKinsey & Company Inc |
| Best paying industry | Hospitality | Media |
There are a few differences between a director, business development and strategy and a director of strategy in terms of educational background:
| Director, Business Development And Strategy | Director Of Strategy | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 68% |
| 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 directors of strategy' demographics:
| Director, Business Development And Strategy | Director Of Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 80.1% Female, 19.9% | Male, 66.2% Female, 33.8% |
| 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% |