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The differences between directors, business development and strategy and managers, 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 manager, strategy. Additionally, a director, business development and strategy has an average salary of $154,933, which is higher than the $109,831 average annual salary of a manager, 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 manager, strategy are project management, portfolio, and client facing.
| Director, Business Development And Strategy | Manager, Strategy | |
| Yearly salary | $154,933 | $109,831 |
| Hourly rate | $74.49 | $52.80 |
| Growth rate | 10% | 10% |
| Number of jobs | 160,378 | 148,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 65% |
| 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 strategy manager is an individual who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry. They must provide assessments of market trends and identify business threats and opportunities. Strategy managers should also work with department heads to develop individual team goals and break them down into actionable steps for the employees to complete.
Directors, business development and strategy and managers, strategy have different pay scales, as shown below.
| Director, Business Development And Strategy | Manager, Strategy | |
| Average salary | $154,933 | $109,831 |
| Salary range | Between $107,000 And $224,000 | Between $78,000 And $152,000 |
| 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 | Technology |
There are a few differences between a director, business development and strategy and a manager, strategy in terms of educational background:
| Director, Business Development And Strategy | Manager, Strategy | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 65% |
| 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 managers, strategy' demographics:
| Director, Business Development And Strategy | Manager, Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 80.1% Female, 19.9% | Male, 64.7% Female, 35.3% |
| 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% |