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The differences between directors of strategy and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a director of strategy has an average salary of $145,870, which is higher than the $101,635 average annual salary of a business developer.
The top three skills for a director of strategy include analytics, healthcare and project management. The most important skills for a business developer are healthcare, CRM, and customer service.
| Director Of Strategy | Business Developer | |
| Yearly salary | $145,870 | $101,635 |
| Hourly rate | $70.13 | $48.86 |
| Growth rate | 10% | 10% |
| Number of jobs | 65,254 | 193,469 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Average age | 39 | 44 |
| Years of experience | 10 | - |
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.
A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.
Directors of strategy and business developers have different pay scales, as shown below.
| Director Of Strategy | Business Developer | |
| Average salary | $145,870 | $101,635 |
| Salary range | Between $107,000 And $198,000 | Between $66,000 And $156,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | McKinsey & Company Inc | Apple |
| Best paying industry | Media | Manufacturing |
There are a few differences between a director of strategy and a business developer in terms of educational background:
| Director Of Strategy | Business Developer | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Western Carolina University |
Here are the differences between directors of strategy' and business developers' demographics:
| Director Of Strategy | Business Developer | |
| Average age | 39 | 44 |
| Gender ratio | Male, 66.2% Female, 33.8% | Male, 65.8% Female, 34.2% |
| 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 10% | 11% |