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The differences between executive directors business development and business directors can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become an executive director business development, becoming a business director takes usually requires 4-6 years. Additionally, an executive director business development has an average salary of $134,931, which is higher than the $124,563 average annual salary of a business director.
The top three skills for an executive director business development include CRM, market trends and market research. The most important skills for a business director are project management, healthcare, and sigma.
| Executive Director Business Development | Business Director | |
| Yearly salary | $134,931 | $124,563 |
| Hourly rate | $64.87 | $59.89 |
| Growth rate | 10% | 6% |
| Number of jobs | 211,826 | 137,880 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
A business development executive's primary goal is to help their company drive forward using multilayered sales and customer service skills. They research and pursue prospective clients and new business leads that have excellent business growth potential. They are expected to work on new business proposals and present persuasive presentations for their services or products. They must conduct a thorough analysis to ensure success and avoid losses that may affect their business partners' and shareholders' trust in the company's capability of maximizing target profit.
Business directors are responsible for overseeing the development of an organization's business goals and objectives. They typically work to increase business revenue, identify and develop business opportunities, and expand the company's presence and its brands. Other duties and responsibilities may include establishing effective company policies, goals, and sales targets, overseeing financial and budgetary activities, and identifying ways to minimize cost and boost financial performance. Business directors are also expected to negotiate contracts with clients and suppliers and propose and develop new partnerships.
Executive directors business development and business directors have different pay scales, as shown below.
| Executive Director Business Development | Business Director | |
| Average salary | $134,931 | $124,563 |
| Salary range | Between $88,000 And $205,000 | Between $86,000 And $178,000 |
| Highest paying City | San Francisco, CA | Providence, RI |
| Highest paying state | Rhode Island | Rhode Island |
| Best paying company | Exelixis | Ep Energy |
| Best paying industry | Technology | Finance |
There are a few differences between an executive director business development and a business director in terms of educational background:
| Executive Director Business Development | Business Director | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between executive directors business development' and business directors' demographics:
| Executive Director Business Development | Business Director | |
| Average age | 39 | 44 |
| Gender ratio | Male, 65.8% Female, 34.2% | Male, 63.3% Female, 36.7% |
| 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, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 68.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |