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The differences between managers, strategy and senior business managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a manager, strategy, becoming a senior business manager takes usually requires 4-6 years. Additionally, a senior business manager has an average salary of $134,737, which is higher than the $109,831 average annual salary of a manager, strategy.
The top three skills for a manager, strategy include project management, portfolio and client facing. The most important skills for a senior business manager are analytics, project management, and portfolio.
| Manager, Strategy | Senior Business Manager | |
| Yearly salary | $109,831 | $134,737 |
| Hourly rate | $52.80 | $64.78 |
| Growth rate | 10% | 6% |
| Number of jobs | 148,326 | 303,902 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Average age | 39 | 44 |
| Years of experience | 10 | 6 |
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.
A senior business manager oversees the daily operations in a company, ensuring efficiency and smooth workflow. Typically, their responsibilities revolve around directing and assessing workforce performance, setting company objectives and goals, and coordinating with different departments to be aware of any issues or concerns. It is also essential to devise strategies to find new sales opportunities, perform research and analysis to identify client needs, and promptly resolve any problems that may arise. Furthermore, as a senior business manager, it is essential to lead and encourage the workforce, all while implementing the company's policies and regulations.
Managers, strategy and senior business managers have different pay scales, as shown below.
| Manager, Strategy | Senior Business Manager | |
| Average salary | $109,831 | $134,737 |
| Salary range | Between $78,000 And $152,000 | Between $96,000 And $187,000 |
| Highest paying City | San Francisco, CA | Hartford, CT |
| Highest paying state | California | Connecticut |
| Best paying company | McKinsey & Company Inc | Airbnb |
| Best paying industry | Technology | Professional |
There are a few differences between a manager, strategy and a senior business manager in terms of educational background:
| Manager, Strategy | Senior Business Manager | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Pennsylvania |
Here are the differences between managers, strategy' and senior business managers' demographics:
| Manager, Strategy | Senior Business Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 64.7% Female, 35.3% | Male, 64.4% Female, 35.6% |
| 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, 6.3% Unknown, 4.3% Hispanic or Latino, 15.5% Asian, 6.4% White, 67.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |