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Vice president and manager vs vice president, business development

The differences between vice president and managers and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. It typically takes More than 10 years to become both a vice president and manager and a vice president, business development. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $142,496 average annual salary of a vice president and manager.

The top three skills for a vice president and manager include customer service, financial statements and real estate. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.

Vice president and manager vs vice president, business development overview

Vice President And ManagerVice President, Business Development
Yearly salary$142,496$165,159
Hourly rate$68.51$79.40
Growth rate6%6%
Number of jobs45,981188,137
Job satisfaction-5
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 73%
Average age5252
Years of experience--

What does a vice president and manager do?

A vice president/manager is responsible for monitoring the operations of the organization's departments, ensuring the completion of all tasks accurately to achieve business goals and client satisfaction. A vice president/manager often attends board meetings to share updates, identify business opportunities, and develop strategical procedures on improving the company's project management system. They also monitor budget goals and develop sales initiatives to boost the company's profitability. A vice president/manager must have excellent leadership and communication skills, as well as strong decision-making skills to make company decisions for overall development.

What does a vice president, business development do?

A vice president of business development is an individual who leads in the execution of business plans and provides new business strategies for an organization. Vice presidents of business development closely work with a team of salespeople, management, and lower-level employees to secure contracts with new customers and manage ongoing agreements. They often travel to participate in business conferences and meetings with vendors and suppliers. Vice presidents of business development must also possess a bachelor's degree in business administration or marketing.

Vice president and manager vs vice president, business development salary

Vice president and managers and vice presidents, business development have different pay scales, as shown below.

Vice President And ManagerVice President, Business Development
Average salary$142,496$165,159
Salary rangeBetween $102,000 And $198,000Between $104,000 And $262,000
Highest paying CitySeattle, WASeattle, WA
Highest paying stateWashingtonWashington
Best paying companyMcCormack Baron SalazarFanatics
Best paying industryFinanceManufacturing

Differences between vice president and manager and vice president, business development education

There are a few differences between a vice president and manager and a vice president, business development in terms of educational background:

Vice President And ManagerVice President, Business Development
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Vice president and manager vs vice president, business development demographics

Here are the differences between vice president and managers' and vice presidents, business development' demographics:

Vice President And ManagerVice President, Business Development
Average age5252
Gender ratioMale, 67.8% Female, 32.2%Male, 81.3% Female, 18.7%
Race ratioBlack or African American, 3.6% Unknown, 3.9% Hispanic or Latino, 7.5% Asian, 7.4% White, 77.0% American Indian and Alaska Native, 0.6%Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between vice president and manager and vice president, business development duties and responsibilities

Vice president and manager example responsibilities.

  • Manage team s adherence to credit policy, compliance requirements and treasury legal documentation.
  • Manage and maintain department credit granting policies and procedures in alignment with corporate sales strategy and bank credit oversight protocol.
  • Conduct training need assessments, design and provide target AML training to employees of the branch offices and commercial banking centers.
  • Guide a direct report to obtain the AVP status.
  • Promote shortly after hire to team lead and officer (AVP) of Craft3 to facilitate development of team.
  • Conduct photoshoots and gain experience in Photoshop.
  • Show more

Vice president, business development example responsibilities.

  • Prospect new business, qualify leads, present to c-level executives and close business.
  • Develop leads, prospect and set executive level meetings for high end networking events with c-level executives.
  • Identify RFP opportunities, manage coordinated team response and submit winning proposals.
  • Lead CRM conversion, including new software implementation, data-collection methods and development of a category-specific sales focus.
  • Manage projects, consult and oversee healthcare professional services division, including medical facilities and real estate investment properties.
  • Lead commercial operations including structuring and closing strategic partnerships and building a unique business intelligence platform for the healthcare industry.
  • Show more

Vice president and manager vs vice president, business development skills

Common vice president and manager skills
  • Customer Service, 9%
  • Financial Statements, 6%
  • Real Estate, 5%
  • Client Relationships, 4%
  • Risk Management, 4%
  • Business Development, 4%
Common vice president, business development skills
  • Healthcare, 11%
  • Business Strategy, 6%
  • Revenue Growth, 5%
  • Financial Services, 5%
  • Business Development, 5%
  • CRM, 4%

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