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The differences between strategic development directors 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 strategic development director and a business development director. Additionally, a strategic development director has an average salary of $127,778, which is higher than the $117,784 average annual salary of a business development director.
The top three skills for a strategic development director include strategic development, business development and RFP. The most important skills for a business development director are healthcare, CRM, and patients.
| Strategic Development Director | Business Development Director | |
| Yearly salary | $127,778 | $117,784 |
| Hourly rate | $61.43 | $56.63 |
| Growth rate | 10% | 10% |
| Number of jobs | 92,285 | 153,601 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A strategic development director is responsible for systematic fundraising and holistic collection of revenue. They foster an ongoing relationship with donors and carry out fundraising campaigns. They work to develop strategic goals for their organization and to create short- and long-term plans to meet those goals.
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.
Strategic development directors and business development directors have different pay scales, as shown below.
| Strategic Development Director | Business Development Director | |
| Average salary | $127,778 | $117,784 |
| Salary range | Between $89,000 And $182,000 | Between $72,000 And $192,000 |
| Highest paying City | Oakland, CA | San Francisco, CA |
| Highest paying state | California | New Mexico |
| Best paying company | SunPower | alliantgroup |
| Best paying industry | Technology | Finance |
There are a few differences between a strategic development director and a business development director in terms of educational background:
| Strategic Development Director | Business Development Director | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between strategic development directors' and business development directors' demographics:
| Strategic Development Director | Business Development Director | |
| Average age | 39 | 39 |
| Gender ratio | Male, 66.0% Female, 34.0% | 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% |