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What does a director, business development and strategy do?

Updated January 8, 2025
8 min read

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.

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Director, business development and strategy responsibilities

Here are examples of responsibilities from real director, business development and strategy resumes:

  • 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, business development and strategy skills and personality traits

We calculated that 16% of Directors, Business Development And Strategy are proficient in Project Management, Market Trends, and Product Development. They’re also known for soft skills such as Analytical skills, Communication skills, and Creativity.

We break down the percentage of Directors, Business Development And Strategy that have these skills listed on their resume here:

  • Project Management, 16%

    Provided analytic and project management support to the School of Medicine in developing a Medical Skills Simulation Center.

  • Market Trends, 15%

    Perform analysis of consumer markets to assess risk-reward scenarios for entering new product categories, market trends and competition.

  • Product Development, 10%

    Advised General Manager on start-up operations including product development, pricing, financial model and staffing requirements.

  • Market Research, 5%

    Lead consumer market research, analyzed internal data and conducted competitive research.

  • Strategic Plan, 5%

    Provided strategic planning to ensure sustainability and beneficial program growth and development for early intervention and early childhood education programs.

  • Corporate Strategy, 4%

    Ensured that all communications regarding each business supported corporate strategy and branding guidelines.

Common skills that a director, business development and strategy uses to do their job include "project management," "market trends," and "product development." You can find details on the most important director, business development and strategy responsibilities below.

Analytical skills. The most essential soft skill for a director, business development and strategy to carry out their responsibilities is analytical skills. This skill is important for the role because "advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization." Additionally, a director, business development and strategy resume shows how their duties depend on analytical skills: "formulated sales projections and conducted detailed market analysis on competitive industry data offerings. "

Communication skills. Another soft skill that's essential for fulfilling director, business development and strategy duties is communication skills. The role rewards competence in this skill because "managers must be able to communicate effectively with a broad-based team made up of other managers or staff members during the advertising, promotions, and marketing process." According to a director, business development and strategy resume, here's how directors, business development and strategy can utilize communication skills in their job responsibilities: "initiate and implement technology licensing programs and partner strategies to accelerate dynamics and office communication server (ocs) product development. "

Creativity. Another skill that relates to the job responsibilities of directors, business development and strategy is creativity. This skill is critical to many everyday director, business development and strategy duties, as "advertising, promotions, and marketing managers must be able to generate new and imaginative ideas." This example from a resume shows how this skill is used: "provided strategic direction to creative and development teams across agency s client portfolio and led new business at growing agency. "

Interpersonal skills. A big part of what directors, business development and strategy do relies on "interpersonal skills." You can see how essential it is to director, business development and strategy responsibilities because "managers must deal with a range of people in different roles, both inside and outside the organization." Here's an example of how this skill is used from a resume that represents typical director, business development and strategy tasks: "utilize excellent communication, presentation, and interpersonal skills to establish strategic business relationships that increase/streamline processes needed to initiate/close sales. "

Organizational skills. Another crucial skill for a director, business development and strategy to carry out their responsibilities is "organizational skills." A big part of what directors, business development and strategy relies on this skill, since "advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members." How this skill relates to director, business development and strategy duties can be seen in an example from a director, business development and strategy resume snippet: "served on the company's strategic initiatives committee developing organizational initiatives for execution of corporate growth strategies;. "

Most common director, business development and strategy skills

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Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume
Director, Business Development And Strategy Resume

Compare different directors, business development and strategy

Director, business development and strategy vs. Planning director

Planning Directors are members of the executive team or the top management of a company. They oversee the company's plans and the strategies involved in reaching company goals. They manage the resources of the company by reviewing the budget and by overseeing human resources activities. They ensure that the company works toward its goals and that the company follows through with its plans. That being said, Planning Directors do not necessarily police the company's actions, especially if it deviates from the original plans. Instead, they steer the company towards the fulfillment of such plans. If the plan is no longer viable, they should be flexible enough to pursue new plans to achieve their goals still.

The annual salary of planning directors is $22,955 lower than the average salary of directors, business development and strategy.While their salaries may differ, the common ground between directors, business development and strategy and planning directors are a few of the skills required in each roleacirc;euro;trade;s responsibilities. In both careers, employee duties involve skills like project management, product development, and strategic plan.

While similarities exist, there are also some differences between directors, business development and strategy and planning director. For instance, director, business development and strategy responsibilities require skills such as "market trends," "market research," "corporate strategy," and "market analysis." Whereas a planning director is skilled in "business planning," "data analysis," "strong project management," and "customer service." This is part of what separates the two careers.

Planning directors tend to make the most money working in the professional industry, where they earn an average salary of $135,601. In contrast, directors, business development and strategy make the biggest average salary, $157,671, in the hospitality industry.planning directors tend to reach lower levels of education than directors, business development and strategy. In fact, planning directors are 8.9% less likely to graduate with a Master's Degree and 0.4% less likely to have a Doctoral Degree.

Director, business development and strategy vs. Product director

The duties of a product director depend on one's place or industry of employment. Typically, their responsibilities revolve around overseeing the product development operations to ensure smooth flow and efficiency, devise strategies to improve processes, gather relevant data such as sales and customer feedback, and coordinate with different departments in developing new products and services. Furthermore, as a director, it is essential to lead and encourage departments to meet goals, all while implementing the company's policies and regulations, including its mission and vision.

Product director positions earn lower pay than director, business development and strategy roles. They earn a $6,023 lower salary than directors, business development and strategy per year.While the salary may differ for these jobs, they share a few skills needed to perform their duties. Based on resume data, both directors, business development and strategy and product directors have skills such as "project management," "market trends," and "product development. "

Each career also uses different skills, according to real director, business development and strategy resumes. While director, business development and strategy responsibilities can utilize skills like "corporate strategy," "financial analysis," "competitive landscape," and "c-suite," product directors use skills like "product management," "product roadmap," "product design," and "software development."

Product directors may earn a lower salary than directors, business development and strategy, but product directors earn the most pay in the internet industry with an average salary of $155,810. On the other hand, directors, business development and strategy receive higher pay in the hospitality industry, where they earn an average salary of $157,671.In general, product directors achieve lower levels of education than directors, business development and strategy. They're 11.6% less likely to obtain a Master's Degree while being 0.4% less likely to earn a Doctoral Degree.

Director, business development and strategy vs. Account director

An account director is responsible for managing client accounts, monitoring budgets, and sales forecasting. Their goal is to maintain stable account management strategies, meet clients' demands, develop healthy professional partnerships that would generate revenues, increase profitability, and achieve the organization's long-term goals objectives. Account directors supervise the account management staff, ensuring the project's successful completion with the highest efficiency and accuracy. An account director also plans training programs to maximize their performance and productivity, especially when dealing with deadlines and clients' requests.

An average account director eans a lower salary compared to the average salary of directors, business development and strategy. The difference in salaries amounts to account directors earning a $40,205 lower average salary than directors, business development and strategy.By looking over several directors, business development and strategy and account directors resumes, we found that both roles require similar skills in their day-to-day duties, such as "project management," "market research," and "business development." But beyond that, the careers look very different.

The required skills of the two careers differ considerably. For example, directors, business development and strategy are more likely to have skills like "market trends," "product development," "strategic plan," and "corporate strategy." But a account director is more likely to have skills like "account management," "work ethic," "healthcare," and "strong work ethic."

Account directors earn the best pay in the professional industry, where they command an average salary of $118,397. Directors, business development and strategy earn the highest pay from the hospitality industry, with an average salary of $157,671.When it comes to education, account directors tend to earn lower degree levels compared to directors, business development and strategy. In fact, they're 19.6% less likely to earn a Master's Degree, and 2.0% less likely to graduate with a Doctoral Degree.

Director, business development and strategy vs. Global director

The duties of a global director will vary on one's line of work or company of employment. Typically, their responsibilities will revolve around overseeing and leading a diverse range of employees or departments, developing new strategies and programs for global markets, and ensuring that all products and services are inclusive and public friendly. Furthermore, as a director, it is essential to implement all policies and regulations, all while developing new ones to ensure the efficiency of the company and its services.

Global directors typically earn higher pay than directors, business development and strategy. On average, global directors earn a $2,816 higher salary per year.According to resumes from directors, business development and strategy and global directors, some of the skills necessary to complete the responsibilities of each role are similar. These skills include "project management," "product development," and "strategic plan. "Each job also requires different skills to carry out their responsibilities. A director, business development and strategy uses "market trends," "market research," "corporate strategy," and "market analysis." Global directors are more likely to have duties that require skills in "cloud," "hr," "oversight," and "continuous improvement. "In general, global directors earn the most working in the automotive industry, with an average salary of $162,077. The highest-paying industry for a director, business development and strategy is the hospitality industry.global directors reach lower levels of education compared to directors, business development and strategy, in general. The difference is that they're 7.6% more likely to earn a Master's Degree, and 0.2% less likely to graduate with a Doctoral Degree.

Types of director, business development and strategy

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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