Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between directors, strategic initiatives and directors new business 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, strategic initiatives and a director new business development. Additionally, a director, strategic initiatives has an average salary of $110,532, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for a director, strategic initiatives include project management, oversight and business development. The most important skills for a director new business development are business development, project management, and account management.
| Director, Strategic Initiatives | Director New Business Development | |
| Yearly salary | $110,532 | $110,272 |
| Hourly rate | $53.14 | $53.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 32,990 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 76% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A director of strategic initiatives spearheads the business planning efforts in a company, ensuring efficiency and profit growth. Typically, their responsibilities revolve around performing research and analysis to determine the best practices for optimal operations, coordinating with analysts and other experts to devise strategies to improve existing systems and procedures, and managing budgets in adherence to the goals and needs of a company. Furthermore, as a director, it is essential to lead and encourage the workforce to reach new heights, all while implementing the company's policies and regulations.
A director of new business development is in charge of spearheading new programs and procedures, ensuring efficiency and smooth workflow. It is their duty to set goals and objectives in adherence to the company's vision and mission, establishing guidelines, allocating budgets, and overseeing the progress of all efforts. Furthermore, as a director of new business development, it is essential to lead and encourage the workforce to reach goals, all while implementing the company's policies and regulations.
Directors, strategic initiatives and directors new business development have different pay scales, as shown below.
| Director, Strategic Initiatives | Director New Business Development | |
| Average salary | $110,532 | $110,272 |
| Salary range | Between $71,000 And $171,000 | Between $72,000 And $168,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | California | California |
| Best paying company | McKinsey & Company Inc | Wpp Us Holdings Inc |
| Best paying industry | Finance | Energy |
There are a few differences between a director, strategic initiatives and a director new business development in terms of educational background:
| Director, Strategic Initiatives | Director New Business Development | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between directors, strategic initiatives' and directors new business development' demographics:
| Director, Strategic Initiatives | Director New Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 57.0% Female, 43.0% | Male, 69.2% Female, 30.8% |
| 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% |