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The differences between directors of continuous improvement 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 continuous improvement and a managing director. Additionally, a managing director has an average salary of $129,690, which is higher than the $122,606 average annual salary of a director of continuous improvement.
The top three skills for a director of continuous improvement include lean six sigma, healthcare and project management. The most important skills for a managing director are healthcare, portfolio, and business development.
| Director Of Continuous Improvement | Managing Director | |
| Yearly salary | $122,606 | $129,690 |
| Hourly rate | $58.95 | $62.35 |
| Growth rate | 6% | 6% |
| Number of jobs | 16,718 | 81,022 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A director of continuous improvement measures and tests corporate procedures to improve production efficiency. Directors of continuous improvement are responsible for the development, planning, scheduling, and budgeting projects to enhance the existing processes. It is part of their job to direct and oversee the department staff's work. They are experienced and highly analytical in terms of project coordination. They foresee hindrances and develop strategic decisions through problem-solving skills. Also, they are considered great mentors with the ability to understand complicated ideas.
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 continuous improvement and managing directors have different pay scales, as shown below.
| Director Of Continuous Improvement | Managing Director | |
| Average salary | $122,606 | $129,690 |
| Salary range | Between $85,000 And $175,000 | Between $72,000 And $233,000 |
| Highest paying City | Bakersfield, CA | New York, NY |
| Highest paying state | California | New York |
| Best paying company | Walmart | Paul, Weiss, Rifkind, Wharton & Garrison |
| Best paying industry | - | Finance |
There are a few differences between a director of continuous improvement and a managing director in terms of educational background:
| Director Of Continuous Improvement | Managing Director | |
| Most common degree | Bachelor's Degree, 63% | 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 continuous improvement' and managing directors' demographics:
| Director Of Continuous Improvement | Managing Director | |
| Average age | 44 | 44 |
| Gender ratio | Male, 67.5% Female, 32.5% | 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, 67.4% 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% |