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The differences between strategists and heads of business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a strategist and a head of business development. Additionally, a head of business development has an average salary of $134,190, which is higher than the $104,881 average annual salary of a strategist.
The top three skills for a strategist include project management, customer satisfaction and powerpoint. The most important skills for a head of business development are cloud, C++, and project management.
| Strategist | Head Of Business Development | |
| Yearly salary | $104,881 | $134,190 |
| Hourly rate | $50.42 | $64.51 |
| Growth rate | 10% | 10% |
| Number of jobs | 44,596 | 158,539 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 63% |
| Average age | 39 | 39 |
| Years of experience | 10 | 10 |
The job of the strategist involves the development and implementation of a strategy. Generally, strategists set goals, identify actions to achieve the objectives, and mobilize resources for the actions. They make functional strategies for businesses and profit improvement. They are considered as the thinkers who develop the course of a project of the business program. The skills necessary for this job include critical thinking, management skills, attention to detail, and leadership skill. They should be equipped with knowledge about business and management.
A head of business development is responsible for monitoring the company's overall business operations and client transactions. Heads of business development coordinate with clients for their requirements and specifications and develop the team to handle the project management operations. They also handle the budget and resource allocations and ensure that the team meets the deadline and high-quality deliverables on time. Ahead of business development must be regularly updated with the current market trends to identify opportunities that would generate more revenue resources for the business.
Strategists and heads of business development have different pay scales, as shown below.
| Strategist | Head Of Business Development | |
| Average salary | $104,881 | $134,190 |
| Salary range | Between $62,000 And $176,000 | Between $94,000 And $191,000 |
| Highest paying City | Hartford, CT | Seattle, WA |
| Highest paying state | Connecticut | Washington |
| Best paying company | The Citadel | Meta |
| Best paying industry | Technology | Telecommunication |
There are a few differences between a strategist and a head of business development in terms of educational background:
| Strategist | Head Of Business Development | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between strategists' and heads of business development' demographics:
| Strategist | Head Of Business Development | |
| Average age | 39 | 39 |
| Gender ratio | Male, 54.5% Female, 45.5% | Male, 74.2% Female, 25.8% |
| 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% |