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The differences between licensing managers 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 licensing manager and a manager, strategy. Additionally, a manager, strategy has an average salary of $109,831, which is higher than the $91,723 average annual salary of a licensing manager.
The top three skills for a licensing manager include business development, project management and license agreements. The most important skills for a manager, strategy are project management, portfolio, and client facing.
| Licensing Manager | Manager, Strategy | |
| Yearly salary | $91,723 | $109,831 |
| Hourly rate | $44.10 | $52.80 |
| Growth rate | 10% | 10% |
| Number of jobs | 64,732 | 148,326 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 65% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A licensing manager is typically in charge of processing licensing applications. Among their responsibilities include gathering and verifying information, reviewing and gathering application requirements, answering inquiries, preparing and processing documents, and conducting further assessments to determine an applicants' compliance with the state or federal laws. There are also instances when they have the authority to approve or reject applications. Furthermore, as a manager, it is essential to lead and encourage staff to reach goals while implementing the agency's policies and regulations.
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.
Licensing managers and managers, strategy have different pay scales, as shown below.
| Licensing Manager | Manager, Strategy | |
| Average salary | $91,723 | $109,831 |
| Salary range | Between $58,000 And $142,000 | Between $78,000 And $152,000 |
| Highest paying City | Norwalk, CT | San Francisco, CA |
| Highest paying state | Connecticut | California |
| Best paying company | Kaiser Permanente | McKinsey & Company Inc |
| Best paying industry | Technology | Technology |
There are a few differences between a licensing manager and a manager, strategy in terms of educational background:
| Licensing Manager | Manager, Strategy | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between licensing managers' and managers, strategy' demographics:
| Licensing Manager | Manager, Strategy | |
| Average age | 39 | 39 |
| Gender ratio | Male, 46.5% Female, 53.5% | 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% |