Regional director of business development assesses markets, sales, supplies, and vendors' operations and recommends improvement as needed. They are responsible for developing and managing strategic partnerships to grow business and presenting business or marketing opportunities to company executives and management. They need to create, coordinate, and implement plans designed to increase existing business and capture new opportunities.
This post's educational requirements are a bachelor's degree in business administration, marketing, finance, or related field. But more preference is given to candidates with a master's degree. Many regional directors of business development also have previous career experience in account executive or business development managers.
Regional directors of business development can expect an average salary of $96,965 per year. Leadership skills directly correlate with a person's ability to lead toward success or an accomplishment.
There is more than meets the eye when it comes to being a regional director of business development. For example, did you know that they make an average of $52.84 an hour? That's $109,913 a year!
Between 2018 and 2028, the career is expected to grow 5% and produce 20,600 job opportunities across the U.S.
There are certain skills that many regional directors of business development 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 customer-service skills, leadership skills and analytical skills.
When it comes to the most important skills required to be a regional director of business development, we found that a lot of resumes listed 19.3% of regional directors of business development included healthcare, while 8.7% of resumes included sales goals, and 7.2% of resumes included territory. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the regional director of business development job title. But what industry to start with? Most regional directors of business development actually find jobs in the health care and professional industries.
If you're interested in becoming a regional director of business development, one of the first things to consider is how much education you need. We've determined that 53.9% of regional directors of business development have a bachelor's degree. In terms of higher education levels, we found that 34.9% of regional directors of business development have master's degrees. Even though most regional directors of business development 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 regional director of business development. When we researched the most common majors for a regional director of business development, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on regional director of business development resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a regional director of business development. In fact, many regional director of business development jobs require experience in a role such as business development director. Meanwhile, many regional directors of business development also have previous career experience in roles such as account executive or business development manager.