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The differences between directors of strategic business development and directors, business development and strategy 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 director, business development and strategy. Additionally, a director, business development and strategy has an average salary of $154,933, 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 director, business development and strategy are project management, market trends, and product development.
| Director Of Strategic Business Development | Director, Business Development And Strategy | |
| Yearly salary | $121,521 | $154,933 |
| Hourly rate | $58.42 | $74.49 |
| Growth rate | 10% | 10% |
| Number of jobs | 155,023 | 160,378 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 64% |
| 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 director of business development and strategy spearheads and oversees a company's business development programs, ensuring efficiency and smooth workflow. They are responsible for setting goals and guidelines, establishing schedules and budgets, delegating tasks, and monitoring the progress of all operations, implementing solutions against problem areas. They must also gather and analyze data to identify the strengths and weaknesses of current procedures and develop strategies to optimize operations. Moreover, as a director, they must promote and enforce the company's policies and regulations, create new ones as needed.
Directors of strategic business development and directors, business development and strategy have different pay scales, as shown below.
| Director Of Strategic Business Development | Director, Business Development And Strategy | |
| Average salary | $121,521 | $154,933 |
| Salary range | Between $78,000 And $187,000 | Between $107,000 And $224,000 |
| Highest paying City | San Francisco, CA | Providence, RI |
| Highest paying state | California | Rhode Island |
| Best paying company | VMware | Mainline Health Systems |
| Best paying industry | Hospitality | Hospitality |
There are a few differences between a director of strategic business development and a director, business development and strategy in terms of educational background:
| Director Of Strategic Business Development | Director, Business Development And Strategy | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 64% |
| 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 directors, business development and strategy' demographics:
| Director Of Strategic Business Development | Director, Business Development And Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 77.2% Female, 22.8% | Male, 80.1% Female, 19.9% |
| 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% |