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The differences between directors of strategic business development and business development executives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a director of strategic business development and a business development executive. Additionally, a director of strategic business development has an average salary of $121,521, which is higher than the $97,871 average annual salary of a business development executive.
The top three skills for a director of strategic business development include market analysis, cloud and strategic business development. The most important skills for a business development executive are business development, digital transformation, and customer service.
| Director Of Strategic Business Development | Business Development Executive | |
| Yearly salary | $121,521 | $97,871 |
| Hourly rate | $58.42 | $47.05 |
| Growth rate | 10% | 10% |
| Number of jobs | 155,023 | 189,950 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 75% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A director of strategic business development spearheads the operations that focus on creating and implementing strategies to optimize business operations. They liaise and build positive relationships with internal and external parties, conduct market research and analyses, set goals and guidelines, establish projects and programs, and oversee operations from planning to execution. Moreover, as a director of strategic business development, it is essential to lead employees while implementing the organizations' standards and policies for a smooth and efficient workflow.
A business development executive serves as a senior manager who drives company sales. Business development executives convince existing clients to buy more offerings and also source new clients. The focus of their job is on lead generation, prospect management, and customer acquisition. They collaborate with management in terms of sales objectives, planning, and prediction. The skills necessary for this job include customer service and relations, time management, strong written communication, and sales process experience.
Directors of strategic business development and business development executives have different pay scales, as shown below.
| Director Of Strategic Business Development | Business Development Executive | |
| Average salary | $121,521 | $97,871 |
| Salary range | Between $78,000 And $187,000 | Between $64,000 And $149,000 |
| Highest paying City | San Francisco, CA | Phoenix, AZ |
| Highest paying state | California | Arizona |
| Best paying company | VMware | Clifford Chance |
| Best paying industry | Hospitality | Pharmaceutical |
There are a few differences between a director of strategic business development and a business development executive in terms of educational background:
| Director Of Strategic Business Development | Business Development Executive | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between directors of strategic business development' and business development executives' demographics:
| Director Of Strategic Business Development | Business Development Executive | |
| Average age | 39 | 39 |
| Gender ratio | Male, 77.2% Female, 22.8% | Male, 63.8% Female, 36.2% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 10% |