Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between directors, strategic accounts and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a director, strategic accounts, becoming a vice president, business development takes usually requires More than 10 years. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $142,664 average annual salary of a director, strategic accounts.
The top three skills for a director, strategic accounts include healthcare, account management and customer satisfaction. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Director, Strategic Accounts | Vice President, Business Development | |
| Yearly salary | $142,664 | $165,159 |
| Hourly rate | $68.59 | $79.40 |
| Growth rate | 5% | 6% |
| Number of jobs | 70,675 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 73% |
| Average age | 46 | 52 |
| Years of experience | 8 | - |
A director of strategic accounts is in charge of spearheading the efforts in building positive relationships with clients. They are responsible for setting objectives and goals, allocating budgets, devising strategies to identify new opportunities, and developing programs to attract potential clients and maintain existing accounts. They must also produce progress updates and presentations, reporting to executives and other high-ranking personnel. Furthermore, as a director, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations, creating new ones when necessary.
A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.
Directors, strategic accounts and vice presidents, business development have different pay scales, as shown below.
| Director, Strategic Accounts | Vice President, Business Development | |
| Average salary | $142,664 | $165,159 |
| Salary range | Between $90,000 And $225,000 | Between $104,000 And $262,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | The Walt Disney Company | Fanatics |
| Best paying industry | Manufacturing | Manufacturing |
There are a few differences between a director, strategic accounts and a vice president, business development in terms of educational background:
| Director, Strategic Accounts | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 82% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between directors, strategic accounts' and vice presidents, business development' demographics:
| Director, Strategic Accounts | Vice President, Business Development | |
| Average age | 46 | 52 |
| Gender ratio | Male, 76.0% Female, 24.0% | Male, 81.3% Female, 18.7% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 12% |