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The differences between directors of strategic business development and business directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a director of strategic business development, becoming a business director takes usually requires 4-6 years. Additionally, a business director has an average salary of $124,563, which is higher than the $121,521 average annual salary of a director of strategic business development.
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 director are project management, healthcare, and sigma.
| Director Of Strategic Business Development | Business Director | |
| Yearly salary | $121,521 | $124,563 |
| Hourly rate | $58.42 | $59.89 |
| Growth rate | 10% | 6% |
| Number of jobs | 155,023 | 137,880 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
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.
Business directors are responsible for overseeing the development of an organization's business goals and objectives. They typically work to increase business revenue, identify and develop business opportunities, and expand the company's presence and its brands. Other duties and responsibilities may include establishing effective company policies, goals, and sales targets, overseeing financial and budgetary activities, and identifying ways to minimize cost and boost financial performance. Business directors are also expected to negotiate contracts with clients and suppliers and propose and develop new partnerships.
Directors of strategic business development and business directors have different pay scales, as shown below.
| Director Of Strategic Business Development | Business Director | |
| Average salary | $121,521 | $124,563 |
| Salary range | Between $78,000 And $187,000 | Between $86,000 And $178,000 |
| Highest paying City | San Francisco, CA | Providence, RI |
| Highest paying state | California | Rhode Island |
| Best paying company | VMware | Ep Energy |
| Best paying industry | Hospitality | Finance |
There are a few differences between a director of strategic business development and a business director in terms of educational background:
| Director Of Strategic Business Development | Business Director | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between directors of strategic business development' and business directors' demographics:
| Director Of Strategic Business Development | Business Director | |
| Average age | 39 | 44 |
| Gender ratio | Male, 77.2% Female, 22.8% | Male, 63.3% Female, 36.7% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 68.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |