Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between directors of strategic business development and business development managers 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 manager. Additionally, a director of strategic business development has an average salary of $121,521, which is higher than the $100,769 average annual salary of a business development manager.
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 manager are customer service, CRM, and healthcare.
| Director Of Strategic Business Development | Business Development Manager | |
| Yearly salary | $121,521 | $100,769 |
| Hourly rate | $58.42 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 155,023 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| 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 manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Directors of strategic business development and business development managers have different pay scales, as shown below.
| Director Of Strategic Business Development | Business Development Manager | |
| Average salary | $121,521 | $100,769 |
| Salary range | Between $78,000 And $187,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | VMware | Shearman & Sterling |
| Best paying industry | Hospitality | Finance |
There are a few differences between a director of strategic business development and a business development manager in terms of educational background:
| Director Of Strategic Business Development | Business Development Manager | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| 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 managers' demographics:
| Director Of Strategic Business Development | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 77.2% Female, 22.8% | Male, 68.6% Female, 31.4% |
| 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% |