If you choose to be a strategic development director, you need to know what's expected of you. You are responsible for revenue's systematic fundraising and holistic collection.
Some responsibilities also include sourcing, researching, and managing strategic partnerships together with leading creative and strategic direction for programs.
Being a strategic development director, you should have good analytical skills to help the company gather information from different sources and interpret the data into a meaningful conclusion that will benefit the company. Also, creativity is important, and good interpersonal skills are also preferred for effective communication.
Almost half of the strategic development directors today possess a master's degree, but a bachelor's degree or lower is enough to become one. However, obtaining a master's degree might give you some steps ahead of your competitors.
The average salary of a strategic development director is $128,137 with a job growth rate of 8%. Your career can progress through the years as you take on more roles and responsibilities in the workplace.
There is more than meets the eye when it comes to being a strategic development director. For example, did you know that they make an average of $61.6 an hour? That's $128,137 a year!
Between 2018 and 2028, the career is expected to grow 8% and produce 21,800 job opportunities across the U.S.
There are certain skills that many strategic development 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 analytical skills, creativity and interpersonal skills.
When it comes to the most important skills required to be a strategic development director, we found that a lot of resumes listed 23.1% of strategic development directors included strategic development, while 17.2% of resumes included business development, and 6.2% of resumes included rfp. 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 strategic development director job title. But what industry to start with? Most strategic development directors actually find jobs in the technology and health care industries.
If you're interested in becoming a strategic development director, one of the first things to consider is how much education you need. We've determined that 69.2% of strategic development directors have a bachelor's degree. In terms of higher education levels, we found that 20.1% of strategic development directors have master's degrees. Even though most strategic development 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 strategic development director. When we researched the most common majors for a strategic development director, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on strategic development director resumes include associate degree degrees or doctoral degree degrees.
You may find that experience in other jobs will help you become a strategic development director. In fact, many strategic development director jobs require experience in a role such as business development director. Meanwhile, many strategic development directors also have previous career experience in roles such as account executive or program director.