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What does a director new business development do?

Updated January 8, 2025
8 min read
What does a director new business development do

A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.

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Director new business development responsibilities

Here are examples of responsibilities from real director new business development resumes:

  • 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.
  • Transform marketing strategy including the use of CRM technology and social media successfully engaging new potential clients.
  • Develop OEM project proposals for potential international partnerships.
  • Improve sales performance and identify strategic opportunities through the evaluation of standardize SalesForce pipeline review across regions and business segments.
  • Collaborate with SVP in quality control and reduction of rework strategy; eliminating waste and streamlining productivity.

Director new business development skills and personality traits

We calculated that 20% of Directors New Business Development are proficient in Business Development, Project Management, and Account Management. They’re also known for soft skills such as Creativity, Interpersonal skills, and Organizational skills.

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

  • Business Development, 20%

    Top Business Development Producer with global team territory responsibilities of Asset Management Enterprise Software solutions and services to multiple vertical industries.

  • Project Management, 10%

    Demonstrated project management experience in organizing, planning and executing projects from conception through implementation.

  • Account Management, 9%

    Developed strategy, Marketing/Communication/Implementation plan for new sector approach for strategic account management.

  • Business Strategies, 5%

    Researched and developed product and business strategies for HDTV, Vehicle Navigation, Satellite TV, and other advanced technologies.

  • Treasury, 5%

    Sell additional institutional, retail and treasury management services to existing client base.

  • Corporate Clients, 5%

    Developed original programming opportunities for a wide range of corporate clients.

Most directors new business development use their skills in "business development," "project management," and "account management" to do their jobs. You can find more detail on essential director new business development responsibilities here:

Creativity. To carry out their duties, the most important skill for a director new business development to have is creativity. Their role and responsibilities require that "advertising, promotions, and marketing managers must be able to generate new and imaginative ideas." Directors new business development often use creativity in their day-to-day job, as shown by this real resume: "participated in and managed the complete creative product development and supporting marketing processes. "

Interpersonal skills. Another soft skill that's essential for fulfilling director new business development duties is interpersonal skills. The role rewards competence in this skill because "managers must deal with a range of people in different roles, both inside and outside the organization." According to a director new business development resume, here's how directors new business development can utilize interpersonal skills in their job responsibilities: "utilize strong interpersonal and organizational skills to provide outstanding customer service. "

Organizational skills. This is an important skill for directors new business development to perform their duties. For an example of how director new business development responsibilities depend on this skill, consider that "advertising, promotions, and marketing managers must manage their time and budget efficiently while directing and motivating staff members." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a director new business development: "perform hr generalist duties: training, performance management, organizational/policy development, benefits, and compensation. ".

Analytical skills. A big part of what directors new business development do relies on "analytical skills." You can see how essential it is to director new business development responsibilities because "advertising, promotions, and marketing managers must be able to analyze industry trends to determine the most promising strategies for their organization." Here's an example of how this skill is used from a resume that represents typical director new business development tasks: "conduct industry analysis annually and local market analysis. "

Communication skills. A commonly-found skill in director new business development job descriptions, "communication skills" is essential to what directors new business development do. Director new business development responsibilities rely on 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." You can also see how director new business development duties rely on communication skills in this resume example: "manage all 4,000 general motors dealer marketing communication materials via fulfillment and crm. "

See the full list of director new business development skills

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Director New Business Development Resume
Director New Business Development Resume
Director New Business Development Resume
Director New Business Development Resume
Director New Business Development Resume
Director New Business Development Resume
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Director New Business Development Resume
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Director New Business Development Resume
Director New Business Development Resume
Director New Business Development Resume
Director New Business Development Resume
Director New Business Development Resume

Compare different directors new business development

Director new business development 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.

We looked at the average director new business development salary and compared it with the wages of a planning director. Generally speaking, planning directors are paid $21,706 higher than directors new business development per year.While the two careers have a salary gap, they share some of the same responsibilities. Employees in both director new business development and planning director positions are skilled in business development, project management, and product development.

These skill sets are where the common ground ends though. The responsibilities of a director new business development are more likely to require skills like "account management," "business strategies," "treasury," and "corporate clients." On the other hand, a job as a planning director requires skills like "financial analysis," "business planning," "data analysis," and "strong project management." As you can see, what employees do in each career varies considerably.

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 new business development make the biggest average salary, $126,576, in the energy industry.The education levels that planning directors earn slightly differ from directors new business development. In particular, planning directors are 6.9% more likely to graduate with a Master's Degree than a director new business development. Additionally, they're 0.4% more likely to earn a Doctoral Degree.

Director new business development 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.

A career as a account director brings a higher average salary when compared to the average annual salary of a director new business development. In fact, account directors salary is $4,456 higher than the salary of directors new business development 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 new business development and account directors have skills such as "business development," "project management," and "account management. "

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that director new business development responsibilities requires skills like "business strategies," "treasury," "corporate clients," and "product development." But an account director might use other skills in their typical duties, such as, "work ethic," "strong work ethic," "digital marketing," and "cloud security."

Account directors may earn a higher salary than directors new business development, but account directors earn the most pay in the professional industry with an average salary of $118,397. On the other hand, directors new business development receive higher pay in the energy industry, where they earn an average salary of $126,576.In general, account directors achieve similar levels of education than directors new business development. They're 3.7% less likely to obtain a Master's Degree while being 0.4% less likely to earn a Doctoral Degree.

Director new business development 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.

On average scale, global directors bring in higher salaries than directors new business development. In fact, they earn a $47,477 higher salary per year.directors new business development and global directors both have job responsibilities that require similar skill sets. These similarities include skills such as "business development," "project management," and "treasury," but they differ when it comes to other required skills.

The required skills of the two careers differ considerably. For example, directors new business development are more likely to have skills like "account management," "business strategies," "corporate clients," and "sales process." But a global director is more likely to have skills like "cloud," "oversight," "continuous improvement," and "customer satisfaction."

Global directors earn the best pay in the automotive industry, where they command an average salary of $162,077. Directors new business development earn the highest pay from the energy industry, with an average salary of $126,576.When it comes to education, global directors tend to earn higher degree levels compared to directors new business development. In fact, they're 8.2% more likely to earn a Master's Degree, and 0.6% more likely to graduate with a Doctoral Degree.

Director new business development vs. Group director

A group director is responsible for monitoring the operations of a specific team in an organization, ensuring that the group meets daily targets, providing the highest customer satisfaction for the company's services. Group directors work with senior management to identify business opportunities that would bring more revenues and increase the company's profitability. They also handle the department's budgets, allocating adequate resources for every team to support project deliverables. A group director must have excellent communication and leadership skills, analyzing business functions, and developing strategic ways to increase productivity.

Group directors average a higher salary than the annual salary of directors new business development. The difference is about $38,921 per year.While both directors new business development and group directors complete day-to-day tasks using similar skills like business development, project management, and account management, the two careers vary in some skills.

Even though a few skill sets overlap between directors new business development and group directors, there are some differences that are important to note. For one, a director new business development might have more use for skills like "business strategies," "treasury," "corporate clients," and "crm." Meanwhile, some responsibilities of group directors require skills like "oversight," "digital marketing," "process improvement," and "client relationships. "

The finance industry tends to pay the highest salaries for group directors, with average annual pay of $169,482. Comparatively, the highest director new business development annual salary comes from the energy industry.In general, group directors hold similar degree levels compared to directors new business development. Group directors are 4.5% more likely to earn their Master's Degree and 0.9% more likely to graduate with a Doctoral Degree.

Types of director new business development

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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