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The differences between regional directors of business development and directors, business development and strategy can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a regional director of business development, becoming a director, business development and strategy takes usually requires 8-10 years. Additionally, a director, business development and strategy has an average salary of $154,933, which is higher than the $104,909 average annual salary of a regional director of business development.
The top three skills for a regional director of business development include healthcare, home health and CRM. The most important skills for a director, business development and strategy are project management, market trends, and product development.
| Regional Director Of Business Development | Director, Business Development And Strategy | |
| Yearly salary | $104,909 | $154,933 |
| Hourly rate | $50.44 | $74.49 |
| Growth rate | 5% | 10% |
| Number of jobs | 139,637 | 160,378 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| Average age | 46 | 39 |
| Years of experience | 8 | 10 |
A regional director of business development is primarily in charge of overseeing the business operations of company branches within a particular region. It is their duty to spearhead the efforts put into developing and optimizing procedures, aiming for a smooth workflow and significant results. As a regional director, they must set goals and budgets, establish guidelines, coordinate with managers, gather and analyze sales reports, identify areas needing improvement, and implement solutions to improve business performance. They must also perform research and analysis to find and utilize new business opportunities.
A director of business development and strategy spearheads and oversees a company's business development programs, ensuring efficiency and smooth workflow. They are responsible for setting goals and guidelines, establishing schedules and budgets, delegating tasks, and monitoring the progress of all operations, implementing solutions against problem areas. They must also gather and analyze data to identify the strengths and weaknesses of current procedures and develop strategies to optimize operations. Moreover, as a director, they must promote and enforce the company's policies and regulations, create new ones as needed.
Regional directors of business development and directors, business development and strategy have different pay scales, as shown below.
| Regional Director Of Business Development | Director, Business Development And Strategy | |
| Average salary | $104,909 | $154,933 |
| Salary range | Between $70,000 And $157,000 | Between $107,000 And $224,000 |
| Highest paying City | Alexandria, VA | Providence, RI |
| Highest paying state | Oregon | Rhode Island |
| Best paying company | Radial | Mainline Health Systems |
| Best paying industry | Manufacturing | Hospitality |
There are a few differences between a regional director of business development and a director, business development and strategy in terms of educational background:
| Regional Director Of Business Development | Director, Business Development And Strategy | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Georgia |
Here are the differences between regional directors of business development' and directors, business development and strategy' demographics:
| Regional Director Of Business Development | Director, Business Development And Strategy | |
| Average age | 46 | 39 |
| Gender ratio | Male, 64.5% Female, 35.5% | Male, 80.1% Female, 19.9% |
| Race ratio | Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% 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 | 7% | 10% |