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The differences between heads of business development and managers, strategy can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a head of business development and a manager, strategy. Additionally, a head of business development has an average salary of $134,190, which is higher than the $109,831 average annual salary of a manager, strategy.
The top three skills for a head of business development include cloud, C++ and project management. The most important skills for a manager, strategy are project management, portfolio, and client facing.
| Head Of Business Development | Manager, Strategy | |
| Yearly salary | $134,190 | $109,831 |
| Hourly rate | $64.51 | $52.80 |
| Growth rate | 10% | 10% |
| Number of jobs | 158,539 | 148,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
A strategy manager is an individual who reviews a company's objectives for growth and works with executives to formulate actionable plans to achieve these objectives. To make comprehensive recommendations, strategy managers must conduct data analysis of the organization as well as the overall industry. They must provide assessments of market trends and identify business threats and opportunities. Strategy managers should also work with department heads to develop individual team goals and break them down into actionable steps for the employees to complete.
Heads of business development and managers, strategy have different pay scales, as shown below.
| Head Of Business Development | Manager, Strategy | |
| Average salary | $134,190 | $109,831 |
| Salary range | Between $94,000 And $191,000 | Between $78,000 And $152,000 |
| Highest paying City | Seattle, WA | San Francisco, CA |
| Highest paying state | Washington | California |
| Best paying company | Meta | McKinsey & Company Inc |
| Best paying industry | Telecommunication | Technology |
There are a few differences between a head of business development and a manager, strategy in terms of educational background:
| Head Of Business Development | Manager, Strategy | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between heads of business development' and managers, strategy' demographics:
| Head Of Business Development | Manager, Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 74.2% Female, 25.8% | Male, 64.7% Female, 35.3% |
| 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% |