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The differences between directors of strategic business development and directors new business development 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 new business development. Additionally, a director of strategic business development has an average salary of $121,521, which is higher than the $110,272 average annual salary of a director new 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 new business development are business development, project management, and account management.
| Director Of Strategic Business Development | Director New Business Development | |
| Yearly salary | $121,521 | $110,272 |
| Hourly rate | $58.42 | $53.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 155,023 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 76% |
| 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 new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Directors of strategic business development and directors new business development have different pay scales, as shown below.
| Director Of Strategic Business Development | Director New Business Development | |
| Average salary | $121,521 | $110,272 |
| Salary range | Between $78,000 And $187,000 | Between $72,000 And $168,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | California | California |
| Best paying company | VMware | Wpp Us Holdings Inc |
| Best paying industry | Hospitality | Energy |
There are a few differences between a director of strategic business development and a director new business development in terms of educational background:
| Director Of Strategic Business Development | Director New Business Development | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 76% |
| 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 new business development' demographics:
| Director Of Strategic Business Development | Director New Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 77.2% Female, 22.8% | Male, 69.2% Female, 30.8% |
| 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% |