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What is a director of strategic business development and how to become one
A director of strategic business development is in charge of increasing company revenue. They do this by identifying, developing new business opportunities, and expanding brand presence.
The director manages existing partnerships, evaluates company business goals, and leads cross-functional teams. This personnel directs marketing efforts by presenting market research to marketing directors and proposing strategies to expand market research.
You'll also chair the strategic planning process and oversee strategy formulation, development, and execution. Additionally, you'll research emerging trends and present business or marketing opportunities to the company's executive leadership, relevant stakeholders, and management.
To be a director of strategic business development, you need a bachelor's degree in marketing, finance, or a related field with marketing or sales experience. You must also be good with Microsoft office applications. Skills such as analytical, problem-solving, decision-making, leadership, management, communication, and negotiation skills are vital skills a director of strategic business development must possess.
Avg. Salary $121,521
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 22.76%
male 77.24%
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 of strategic business development career paths
Key steps to become a director of strategic business development
Explore director of strategic business development education requirements
Start to develop specific director of strategic business development skills
Skills Percentages Market Analysis 16.38% Cloud 15.29% Strategic Business Development 12.22% Executive Management 10.98% Growth Strategies 3.19% Complete relevant director of strategic business development training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New directors of strategic 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 of strategic business development based on U.S. Bureau of Labor Statistics data and data from real director of strategic business development resumes.Research director of strategic business development duties and responsibilities
- Create ROI tools and lead the establishment of global pricing.
- Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
- Provide mergers and acquisitions due diligence/modeling analysis/management/valuation support.
- Provide mergers and acquisitions due diligence/modeling analysis/management/valuation support.
Get director of strategic business development experience
Generally, it takes 8-10 years to become a director of strategic business development. The most common roles before becoming a director of strategic business development include director, marketing director team lead and business development director.Prepare your director of strategic business development resume
When your background is strong enough, you can start writing your director of strategic 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 of strategic 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 of strategic business development resume templates
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Apply for director of strategic business development jobs
Now it's time to start searching for a director of strategic 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
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Average director of strategic business development salary
The average director of strategic business development salary in the United States is $121,521 per year or $58 per hour. Director of strategic business development salaries range between $78,000 and $187,000 per year.
What am I worth?
How do directors of strategic business development rate their job?
Director of strategic business development reviews
keeping the company vibrant in the marketplace and returning maximum shareholder value
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.
B2B Communication and Building Relationships, Product\Strategy Development and Implementation, Solving Problems
Updated January 8, 2025
