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What is a director new business development and how to become one
Director of new business development is responsible for increasing company revenue by identifying and developing new business opportunities as well as expanding brand presence. They lead cross-functional teams, manage existing partnerships, and evaluate company business goals.
The duties and responsibilities that they perform in this capacity include building internal and external relationships, identifying new business opportunities, directing strategic marketing, supporting operations planning, and developing proposals and presentations for new business opportunities. Essential skills required for the job include relationship management, strategic planning, operations enhancement, team coordination, and communication. Generally, such position holders have at least a bachelor's degree in business administration or a similar field. However, many companies prefer to hire candidates with a master's degree and prior proven and relevant work experience.
The average hourly salary for the position is $48.93, which amounts to $101,782 annually. Moreover, the career is expected to grow in the following years to come and create new opportunities across the United States.
What general advice would you give to a director new business development?
Ahmad Asady
Assistant Professor of Management Faculty Scholar, Challey Institute for Global Innovation and Growth, North Dakota State University
Avg. Salary $110,272
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
American Indian and Alaska Native 0.23%
Asian 8.15%
Black or African American 3.04%
Hispanic or Latino 8.67%
Unknown 5.32%
White 74.58%
Genderfemale 30.83%
male 69.17%
Age - 38American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 38Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Director new business development career paths
Key steps to become a director new business development
Explore director new business development education requirements
Start to develop specific director new business development skills
Skills Percentages Business Development 19.54% Project Management 10.16% Account Management 9.08% Business Strategies 5.10% Treasury 5.06% Complete relevant director new business development training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New directors new business development learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a director new business development based on U.S. Bureau of Labor Statistics data and data from real director new business development resumes.Research director new business development duties and responsibilities
- Manage all duties of prospecting and closing new business from B2B to B2C clientele while performing CRM duties.
- Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
- Direct request for proposal (RFP) and agency pitch processes from development to implementation.
- Define the product strategy and personally establish OEM relationships including Intel, Compaq, and Microsoft.
Get director new business development experience
Generally, it takes 8-10 years to become a director new business development. The most common roles before becoming a director new business development include account executive, senior account executive team lead and marketing director.Prepare your director new business development resume
When your background is strong enough, you can start writing your director new business development resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a director new business development resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
Choose from 10+ customizable director new business development resume templates
Build a professional director new business development resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your director new business development resume.
Apply for director new business development jobs
Now it's time to start searching for a director new business development job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first director new business development job
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Average director new business development salary
The average director new business development salary in the United States is $110,272 per year or $53 per hour. Director new business development salaries range between $72,000 and $168,000 per year.
What am I worth?
How do directors new business development rate their job?
Director new business development reviews
Rule of thumb with international travel is be ready for serious jet-lag!
rule of thumb with international travel is to have jet-lag non-stop!
I am responsible for everything be it any side of the business
Innovating a business model is key for a profitable business and growth. Without a proper and sustainable business model, even the best product or technology innovations will not flourish. Learn the skills and knowledge needed to start improving your business as you learn through real-life examples from fellow entrepreneurs, innovators and leading experts on business model innovation. Benefit business owners, entrepreneurs, business consultants or business developers who seek better understanding of business models and the tools to develop them.
There's nothing much not to like about this role.
Updated January 8, 2025
