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The differences between strategic planning directors and business development managers 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 planning director and a business development manager. Additionally, a strategic planning director has an average salary of $142,172, which is higher than the $100,769 average annual salary of a business development manager.
The top three skills for a strategic planning director include project management, business development and financial models. The most important skills for a business development manager are customer service, CRM, and healthcare.
| Strategic Planning Director | Business Development Manager | |
| Yearly salary | $142,172 | $100,769 |
| Hourly rate | $68.35 | $48.45 |
| Growth rate | 10% | 10% |
| Number of jobs | 59,153 | 215,309 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 74% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
A strategic planning director is responsible for overseeing the organization's operations and processes to identify strategic initiatives that would drive the company to its long-term growth and development. Strategic planning directors identify business opportunities that would generate more revenue resources and profits by conducting data and statistical analysis with the current industry trends. They also monitor sales and marketing activities to ensure the efficient delivery of promotional campaigns on various market platforms. A strategic planning director must have excellent communication skills, especially in negotiating contracts with clients and maintaining a long-lasting business relationship.
A business development manager's duties include identifying business opportunities, developing effective models and strategies to improve business performance, searching for potential clients to generate income and attract partnerships. A business development manager must have extensive knowledge of the market trends and adjust strategies as needed to meet the needs of the client. Excellent communication, decision-making, critical thinking, and leadership skills are just some of the key factors that business development managers should possess to communicate and negotiate with the clients.
Strategic planning directors and business development managers have different pay scales, as shown below.
| Strategic Planning Director | Business Development Manager | |
| Average salary | $142,172 | $100,769 |
| Salary range | Between $94,000 And $214,000 | Between $67,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Oregon | California |
| Best paying company | Meta | Shearman & Sterling |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a strategic planning director and a business development manager in terms of educational background:
| Strategic Planning Director | Business Development Manager | |
| 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 planning directors' and business development managers' demographics:
| Strategic Planning Director | Business Development Manager | |
| Average age | 39 | 39 |
| Gender ratio | Male, 71.1% Female, 28.9% | Male, 68.6% Female, 31.4% |
| 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% |