A director of strategic initiatives is responsible for a company's long-term growth by leading projects that focus on the big picture of a company's operations. The director of strategic initiatives is responsible for developing the projects in the first place by conducting research and identifying opportunities for growth. They organize the logistics needed to execute a strategic initiative, such as hiring new workers or developing a budget. Although most of their job focuses on the big picture, a director of strategic initiatives must also be ready to take on detailed tasks that help an initiative succeed, for example by supervising diversity hiring processes or executing better SEO strategies.
A director of strategic initiatives can work in many industries, from finance to nonprofits. Their average salary across industries is $122,061 a year.
Regardless of their industry, most directors of strategic initiatives need many years of qualifications to earn this position. Most have an advanced degree such as a master's in business. They also need several years of management experience, for example by working as a program manager.
There is more than meets the eye when it comes to being a director, strategic initiatives. For example, did you know that they make an average of $59.68 an hour? That's $124,136 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many directors, strategic initiatives have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and creativity.
When it comes to the most important skills required to be a director, strategic initiatives, we found that a lot of resumes listed 23.4% of directors, strategic initiatives included strategic initiatives, while 8.4% of resumes included project management, and 6.3% of resumes included key stakeholders. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the director, strategic initiatives job title. But what industry to start with? Most directors, strategic initiatives actually find jobs in the health care and finance industries.
If you're interested in becoming a director, strategic initiatives, one of the first things to consider is how much education you need. We've determined that 28.0% of directors, strategic initiatives have a bachelor's degree. In terms of higher education levels, we found that 53.6% of directors, strategic initiatives have master's degrees. Even though most directors, strategic initiatives have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a director, strategic initiatives. When we researched the most common majors for a director, strategic initiatives, we found that they most commonly earn master's degree degrees or bachelor's degree degrees. Other degrees that we often see on director, strategic initiatives resumes include doctoral degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become a director, strategic initiatives. In fact, many director, strategic initiatives jobs require experience in a role such as director. Meanwhile, many directors, strategic initiatives also have previous career experience in roles such as consultant or manager.