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The differences between directors of business operations and managing directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a director of business operations and a managing director. Additionally, a managing director has an average salary of $129,690, which is higher than the $111,945 average annual salary of a director of business operations.
The top three skills for a director of business operations include business operations, project management and customer service. The most important skills for a managing director are healthcare, portfolio, and business development.
| Director Of Business Operations | Managing Director | |
| Yearly salary | $111,945 | $129,690 |
| Hourly rate | $53.82 | $62.35 |
| Growth rate | 6% | 6% |
| Number of jobs | 202,032 | 81,022 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
The position of a director of business operations involves the direction and coordination of an organization. It is the main responsibility of the directors of operations to oversee the profitability and overall growth of their organization. Their job includes staff management, department supervision, goods production, and expense control. They handle the company's resources, create and implement an operational plan, and make sure that the procedures are executed properly. The skills necessary for this position include leadership skills, management skills, customer service, and communication skills.
A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.
Directors of business operations and managing directors have different pay scales, as shown below.
| Director Of Business Operations | Managing Director | |
| Average salary | $111,945 | $129,690 |
| Salary range | Between $68,000 And $182,000 | Between $72,000 And $233,000 |
| Highest paying City | Albany, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Paul, Weiss, Rifkind, Wharton & Garrison | |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a director of business operations and a managing director in terms of educational background:
| Director Of Business Operations | Managing Director | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between directors of business operations' and managing directors' demographics:
| Director Of Business Operations | Managing Director | |
| Average age | 44 | 44 |
| Gender ratio | Male, 62.8% Female, 37.2% | Male, 73.5% Female, 26.5% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.3% Asian, 6.4% White, 67.3% American Indian and Alaska Native, 0.5% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |