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The differences between vice presidents, business operations and vice presidents, business development can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a vice president, business operations, becoming a vice president, business development takes usually requires More than 10 years. Additionally, a vice president, business development has an average salary of $165,159, which is higher than the $159,311 average annual salary of a vice president, business operations.
The top three skills for a vice president, business operations include business operations, oversight and project management. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Vice President, Business Operations | Vice President, Business Development | |
| Yearly salary | $159,311 | $165,159 |
| Hourly rate | $76.59 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 196,077 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
The vice president of business operations will be responsible for directing, planning, coordinating, and overseeing the day-to-day operations of an organization. In this role, you will perform various duties and responsibilities that include recruiting, interviewing, and training management-level staff, overseeing the department's daily workflow, and collaborating with the leadership to develop and meet company goals and objectives. Additionally, you will be responsible for establishing and administering the department's budget. You will also be responsible for identifying training needs and keeping abreast of the latest trends in operations management.
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 presidents, business operations and vice presidents, business development have different pay scales, as shown below.
| Vice President, Business Operations | Vice President, Business Development | |
| Average salary | $159,311 | $165,159 |
| Salary range | Between $105,000 And $240,000 | Between $104,000 And $262,000 |
| Highest paying City | Denver, CO | Seattle, WA |
| Highest paying state | Colorado | Washington |
| Best paying company | NVIDIA | Fanatics |
| Best paying industry | Manufacturing | Manufacturing |
There are a few differences between a vice president, business operations and a vice president, business development in terms of educational background:
| Vice President, Business Operations | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents, business operations' and vice presidents, business development' demographics:
| Vice President, Business Operations | Vice President, Business Development | |
| Average age | 44 | 52 |
| Gender ratio | Male, 73.4% Female, 26.6% | Male, 81.3% Female, 18.7% |
| Race ratio | Black or African American, 6.2% Unknown, 4.3% Hispanic or Latino, 15.2% Asian, 6.4% White, 67.4% American Indian and Alaska Native, 0.5% | 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 Percentage | 10% | 12% |