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The differences between executive directors business development 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 an executive director business development and a director new business development. Additionally, an executive director business development has an average salary of $134,931, which is higher than the $110,272 average annual salary of a director new business development.
The top three skills for an executive director business development include CRM, market trends and market research. The most important skills for a director new business development are business development, project management, and account management.
| Executive Director Business Development | Director New Business Development | |
| Yearly salary | $134,931 | $110,272 |
| Hourly rate | $64.87 | $53.02 |
| Growth rate | 10% | 10% |
| Number of jobs | 211,826 | 154,470 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 76% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
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.
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.
Executive directors business development and directors new business development have different pay scales, as shown below.
| Executive Director Business Development | Director New Business Development | |
| Average salary | $134,931 | $110,272 |
| Salary range | Between $88,000 And $205,000 | Between $72,000 And $168,000 |
| Highest paying City | San Francisco, CA | Sacramento, CA |
| Highest paying state | Rhode Island | California |
| Best paying company | Exelixis | Wpp Us Holdings Inc |
| Best paying industry | Technology | Energy |
There are a few differences between an executive director business development and a director new business development in terms of educational background:
| Executive Director Business Development | Director New Business Development | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between executive directors business development' and directors new business development' demographics:
| Executive Director Business Development | Director New Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 65.8% Female, 34.2% | 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% |