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The differences between managing directors and executive directors of operations can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a managing director and an executive director of operations. Additionally, an executive director of operations has an average salary of $131,945, which is higher than the $129,690 average annual salary of a managing director.
The top three skills for a managing director include healthcare, portfolio and business development. The most important skills for an executive director of operations are operations management, customer satisfaction, and financial management.
| Managing Director | Executive Director Of Operations | |
| Yearly salary | $129,690 | $131,945 |
| Hourly rate | $62.35 | $63.44 |
| Growth rate | 6% | 6% |
| Number of jobs | 81,022 | 194,783 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 63% |
| Average age | 44 | 44 |
| Years of experience | 6 | 6 |
A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.
Executive Directors of Operations are top management employees of a nonprofit. They manage the whole operations of the company. They set annual strategic goals to bring the company closer to its vision. They oversee all of the company's programs and ensure that these programs are in line with the company's vision and mission. They also ensure that the partnerships formed with other organizations remain strong. As leaders, they are expected to motivate and inspire the employees to work well together. Executive Directors of Operations represent the company in external events, industry functions, and other activities.
Managing directors and executive directors of operations have different pay scales, as shown below.
| Managing Director | Executive Director Of Operations | |
| Average salary | $129,690 | $131,945 |
| Salary range | Between $72,000 And $233,000 | Between $85,000 And $203,000 |
| Highest paying City | New York, NY | Hartford, CT |
| Highest paying state | New York | Connecticut |
| Best paying company | Paul, Weiss, Rifkind, Wharton & Garrison | Billings Clinic |
| Best paying industry | Finance | Finance |
There are a few differences between a managing director and an executive director of operations in terms of educational background:
| Managing Director | Executive Director Of Operations | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managing directors' and executive directors of operations' demographics:
| Managing Director | Executive Director Of Operations | |
| Average age | 44 | 44 |
| Gender ratio | Male, 73.5% Female, 26.5% | Male, 64.1% Female, 35.9% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5% | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.4% Asian, 6.4% White, 67.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 10% | 10% |