Senior director, product development vs business development director

The differences between senior directors, product development and business development directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a senior director, product development and a business development director. Additionally, a senior director, product development has an average salary of $160,980, which is higher than the $117,784 average annual salary of a business development director.

The top three skills for a senior director, product development include project management, product development and digital marketing. The most important skills for a business development director are healthcare, CRM, and patients.

Senior director, product development vs business development director overview

	Senior Director, Product Development	Business Development Director
Yearly salary	$160,980	$117,784
Hourly rate	$77.39	$56.63
Growth rate	10%	10%
Number of jobs	160,867	153,601
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 74%
Average age	39	39
Years of experience	10	10

What does a senior director, product development do?

A senior director of product development spearheads and oversees the product development operations of a company. They have the responsibility to manage product development teams, set goals, establish guidelines and timelines, liaise with key external parties, coordinate managers, and address issues and concerns, resolving them efficiently. They also have the authority to come up with decisions and delegate responsibilities among teams and staff. Moreover, as a senior director, product development, it is essential to implement policies and regulations, developing new ones that support the company's needs, vision, and mission.

What does a business development director do?

A business development director specializes in crafting plans and strategies to develop the relationship between the brand, clients, and other key characters in the industry. It is their responsibility to examine and understand everything about the brand and figure out which areas require improvement or changes. They must also conduct a thorough marketing analysis and remain updated on the latest trends in the market to identify new opportunities that would improve customer satisfaction. Furthermore, they must also communicate with all clients, even appear on public gatherings to strengthen brand awareness.

Senior director, product development vs business development director salary

Senior directors, product development and business development directors have different pay scales, as shown below.

	Senior Director, Product Development	Business Development Director
Average salary	$160,980	$117,784
Salary range	Between $107,000 And $241,000	Between $72,000 And $192,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	Washington	New Mexico
Best paying company	Genentech	alliantgroup
Best paying industry	Media	Finance

Differences between senior director, product development and business development director education

There are a few differences between a senior director, product development and a business development director in terms of educational background:

	Senior Director, Product Development	Business Development Director
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 74%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Senior director, product development vs business development director demographics

Here are the differences between senior directors, product development' and business development directors' demographics:

	Senior Director, Product Development	Business Development Director
Average age	39	39
Gender ratio	Male, 71.2% Female, 28.8%	Male, 72.3% Female, 27.7%
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, 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	10%	10%

Differences between senior director, product development and business development director duties and responsibilities

Senior director, product development example responsibilities.

Manage the software developers, SAAS hosting operations, documentation resources, technology partnerships and quality assurance teams.
Manage interdepartmental groups using advance simulation methodology to guide technology development direction for device and process architecture base on application impacts.
Reduce support costs of Siebel maintenance by incorporating offshore resources for both development and QA.
Develop and launch an API upgrade project for prepay card ($ 2MM net revenue/yr).
Manage company intellectual portfolio and develop key relationships with vendors and clients including leading global technology companies.
Champion the creation of technical support operational dashboard leveraging Hyperion to provide key performance metrics to leadership teams globally.

Business development director example responsibilities.

Create and manage business development, government affairs and public relations initiatives to achieve growth objectives for this correctional healthcare company.
Achieve access to SVP level resulting in significant new business.
Manage network services, e-ticketing and packaging solutions, CRM solutions, message management, and e-provisioning/identity management/security solutions.
Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
Track all sales and marketing activities using a CRM program and analyze data to optimize business development approach and management
Collaborate with the marketing team to ensure laser focuse messages at all conferences and trade shows ensuring competitive logistics solution offerings.

Senior director, product development vs business development director skills

Common senior director, product development skills

Project Management, 10%
Product Development, 9%
Digital Marketing, 9%
Business Development, 6%
Product Management, 5%
SR, 4%

Common business development director skills

Healthcare, 9%
CRM, 5%
Patients, 4%
Customer Relationships, 4%
Account Management, 4%
Project Management, 4%

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Senior Director, Product Development
Senior Director, Product Development vs Business Development Director

Updated January 8, 2025

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