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The differences between directors, global business development and product directors 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, global business development and a product director. Additionally, a product director has an average salary of $148,910, which is higher than the $135,899 average annual salary of a director, global business development.
The top three skills for a director, global business development include R, business strategy and global business development. The most important skills for a product director are product management, product strategy, and project management.
| Director, Global Business Development | Product Director | |
| Yearly salary | $135,899 | $148,910 |
| Hourly rate | $65.34 | $71.59 |
| Growth rate | 10% | 10% |
| Number of jobs | 134,226 | 125,200 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
Global business development directors take responsibility to prepare and deliver global business development strategy incorporating and guiding business development work. The directors establish, coordinate, and enforce plans to increase business and get new opportunities. Their job involves strategic marketing and business operations planning along with those in the top management. They set objectives and determine methods in reaching corporate goals.
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.
Directors, global business development and product directors have different pay scales, as shown below.
| Director, Global Business Development | Product Director | |
| Average salary | $135,899 | $148,910 |
| Salary range | Between $96,000 And $192,000 | Between $104,000 And $212,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Barclays | Meta |
| Best paying industry | Finance | Internet |
There are a few differences between a director, global business development and a product director in terms of educational background:
| Director, Global Business Development | Product Director | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between directors, global business development' and product directors' demographics:
| Director, Global Business Development | Product Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 78.7% Female, 21.3% | Male, 72.4% Female, 27.6% |
| 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% |