A practice director is accountable for the articulation of value propositions to prospects, market stakeholders, partners, and clients. He/She presents sales proposals, financial models, and business development materials for complex projects. He/She oversees offshore and onshore projects and directs the sales team. Besides that, he/she supervises project finances, including budgets and financial controls. Additionally, he/she develops and implements sales plans to achieve yearly sales goals. Furthermore, he/she oversees and manages all aspects of a region, including employees and operations, and supports contract creation and draft proposals, and work statements.
The minimum educational requirement is a high school diploma. However, some employers prefer a college degree. Candidates must possess communication, management, teamwork, conflict resolution, leadership, customer service, and interpersonal skills. You must be proficient in Microsoft Office, SalesForce, Smartsheets, and the like. The salary of a practice director varies from $105,472 to $147,812, with an average salary of $123,922 per year.
There is more than meets the eye when it comes to being a practice director. For example, did you know that they make an average of $80.15 an hour? That's $166,715 a year!
Between 2018 and 2028, the career is expected to grow 11% and produce 46,800 job opportunities across the U.S.
There are certain skills that many practice directors have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed detail oriented, technical skills and analytical skills.
If you're interested in becoming a practice director, one of the first things to consider is how much education you need. We've determined that 68.0% of practice directors have a bachelor's degree. In terms of higher education levels, we found that 22.5% of practice directors have master's degrees. Even though most practice directors have a college degree, it's impossible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a practice director. When we researched the most common majors for a practice director, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on practice director resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a practice director. In fact, many practice director jobs require experience in a role such as senior consultant. Meanwhile, many practice directors also have previous career experience in roles such as project manager or director.