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The differences between directors, strategic partnerships and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a director, strategic partnerships, 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 $128,294 average annual salary of a director, strategic partnerships.
The top three skills for a director, strategic partnerships include business development, strategic partnerships and healthcare. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Director, Strategic Partnerships | Vice President, Business Development | |
| Yearly salary | $128,294 | $165,159 |
| Hourly rate | $61.68 | $79.40 |
| Growth rate | 10% | 6% |
| Number of jobs | 55,263 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 73% |
| Average age | 39 | 52 |
| Years of experience | 10 | - |
A director of strategic partnerships is responsible for building strong business relationships with clients, closely working together to achieve long-term goals and objectives. Directors of strategic partnerships maintain the highest customer satisfaction levels by addressing the clients' inquiries, concerns, and requests timely and accurately. They also analyze current industry trends to identify business opportunities that would generate revenue resources and profitability. A director of strategic partnerships supports the project management team to implement policies and procedures to boost project productivity, as well as developing techniques to attract potential clients.
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 partnerships and vice presidents, business development have different pay scales, as shown below.
| Director, Strategic Partnerships | Vice President, Business Development | |
| Average salary | $128,294 | $165,159 |
| Salary range | Between $90,000 And $181,000 | Between $104,000 And $262,000 |
| Highest paying City | Salem, OR | Seattle, WA |
| Highest paying state | Oregon | Washington |
| Best paying company | Meta | Fanatics |
| Best paying industry | Utilities | Manufacturing |
There are a few differences between a director, strategic partnerships and a vice president, business development in terms of educational background:
| Director, Strategic Partnerships | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between directors, strategic partnerships' and vice presidents, business development' demographics:
| Director, Strategic Partnerships | Vice President, Business Development | |
| Average age | 39 | 52 |
| Gender ratio | Male, 59.9% Female, 40.1% | Male, 81.3% Female, 18.7% |
| 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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 12% |