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The differences between directors of strategic business development and directors of 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 of strategy. Additionally, a director of strategy has an average salary of $145,870, 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 strategy are analytics, healthcare, and project management.
| Director Of Strategic Business Development | Director Of Strategy | |
| Yearly salary | $121,521 | $145,870 |
| Hourly rate | $58.42 | $70.13 |
| Growth rate | 10% | 10% |
| Number of jobs | 155,023 | 65,254 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| 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 the strategy works together with senior managers in a company to determine where the company is going and how it will get there. This role is frequently found in big companies. The director of the strategy directly reports to senior management and can also be a valuable member of the management lineup. The director often works with a small team consisting of analysts and support staff. The director of the strategy is also responsible for getting and assessing information about the industry and current market trends, competitors, and possible business opportunities.
Directors of strategic business development and directors of strategy have different pay scales, as shown below.
| Director Of Strategic Business Development | Director Of Strategy | |
| Average salary | $121,521 | $145,870 |
| Salary range | Between $78,000 And $187,000 | Between $107,000 And $198,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | VMware | McKinsey & Company Inc |
| Best paying industry | Hospitality | Media |
There are a few differences between a director of strategic business development and a director of strategy in terms of educational background:
| Director Of Strategic Business Development | Director Of Strategy | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 68% |
| 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 of strategy' demographics:
| Director Of Strategic Business Development | Director Of Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 77.2% Female, 22.8% | Male, 66.2% Female, 33.8% |
| 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% |