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Director of strategic business development vs director of product development

The differences between directors of strategic business development and directors of product 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 of product development. Additionally, a director of product development has an average salary of $140,507, 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 of product development are product development, project management, and product management.

Director of strategic business development vs director of product development overview

Director Of Strategic Business DevelopmentDirector Of Product Development
Yearly salary$121,521$140,507
Hourly rate$58.42$67.55
Growth rate10%10%
Number of jobs155,023175,429
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 71%
Average age3939
Years of experience1010

What does a director of strategic business development do?

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.

What does a director of product development do?

A Director of Product Development supervises and implements product development policies, initiatives, and objectives. They conduct market research to determine consumer needs and identify competitors.

Director of strategic business development vs director of product development salary

Directors of strategic business development and directors of product development have different pay scales, as shown below.

Director Of Strategic Business DevelopmentDirector Of Product Development
Average salary$121,521$140,507
Salary rangeBetween $78,000 And $187,000Between $100,000 And $196,000
Highest paying CitySan Francisco, CASan Mateo, CA
Highest paying stateCaliforniaCalifornia
Best paying companyVMwareApple
Best paying industryHospitalityManufacturing

Differences between director of strategic business development and director of product development education

There are a few differences between a director of strategic business development and a director of product development in terms of educational background:

Director Of Strategic Business DevelopmentDirector Of Product Development
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Director of strategic business development vs director of product development demographics

Here are the differences between directors of strategic business development' and directors of product development' demographics:

Director Of Strategic Business DevelopmentDirector Of Product Development
Average age3939
Gender ratioMale, 77.2% Female, 22.8%Male, 72.0% Female, 28.0%
Race ratioBlack 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 Percentage10%10%

Differences between director of strategic business development and director of product development duties and responsibilities

Director of strategic business development example responsibilities.

  • Create ROI tools and lead the establishment of global pricing.
  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Provide mergers and acquisitions due diligence/modeling analysis/management/valuation support.
  • Provide mergers and acquisitions due diligence/modeling analysis/management/valuation support.

Director of product development example responsibilities.

  • Organize and manage project meetings between partners, vendors, and associates using both scrum and waterfall methodologies.
  • Manage long-term care, hospital transition, and Medicaid- Medicare expansion initiatives, that includes model of care design and implementation )
  • Manage packaging design and nutritional labeling within QA guidelines.
  • Manage company intellectual portfolio and develop key relationships with vendors and clients including leading global technology companies.
  • Develop using Java, JSP, J2EE, CSS, DHTML, HTML, Plugins and JavaScript.
  • Prepare proposals for new projects, including project feasibility, ROI, expenses and costs.
  • Show more

Director of strategic business development vs director of product development skills

Common director of strategic business development skills
  • Market Analysis, 16%
  • Cloud, 15%
  • Strategic Business Development, 12%
  • Executive Management, 11%
  • Growth Strategies, 3%
  • CRM, 2%
Common director of product development skills
  • Product Development, 12%
  • Project Management, 9%
  • Product Management, 9%
  • R, 7%
  • Product Strategy, 4%
  • Market Research, 3%

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