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The differences between vice presidents, corporate development and vice president & general managers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a vice president, corporate development, becoming a vice president & general manager takes usually requires 4-6 years. Additionally, a vice president, corporate development has an average salary of $205,849, which is higher than the $172,487 average annual salary of a vice president & general manager.
The top three skills for a vice president, corporate development include due diligence, corporate strategy and financial analysis. The most important skills for a vice president & general manager are customer service, R, and revenue growth.
| Vice President, Corporate Development | Vice President & General Manager | |
| Yearly salary | $205,849 | $172,487 |
| Hourly rate | $98.97 | $82.93 |
| Growth rate | 6% | 6% |
| Number of jobs | 95,669 | 252,313 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 72% |
| Average age | 52 | 44 |
| Years of experience | - | 6 |
A vice president of corporate development is responsible for implementing corporate decisions and strategies that would help the organization grow and develop to match global competitiveness. Vice presidents of corporate development monitor the operational process across the organization, identify areas of improvement, and modify project procedures according to quality standards and business requirements. They coordinate with the senior management and stakeholders to determine the necessary actions and opportunities to increase the company's revenues and market presence.
A vice president and general manager's role is to implement policies and regulations while overseeing the business operations. Typically, it is their primary responsibility to devise training programs that would produce more efficient workforce members, create new strategies to boost sales and customer satisfaction, and participate in budget and goals creation. They mainly report to high-ranking officials such as the president and board members. Furthermore, a vice president and general manager may perform clerical tasks such as preparing progress reports and presentations, managing schedules, and responding to correspondence.
Vice presidents, corporate development and vice president & general managers have different pay scales, as shown below.
| Vice President, Corporate Development | Vice President & General Manager | |
| Average salary | $205,849 | $172,487 |
| Salary range | Between $128,000 And $328,000 | Between $108,000 And $273,000 |
| Highest paying City | Bothell, WA | San Francisco, CA |
| Highest paying state | Alaska | Massachusetts |
| Best paying company | Scripps Health | |
| Best paying industry | Technology | Media |
There are a few differences between a vice president, corporate development and a vice president & general manager in terms of educational background:
| Vice President, Corporate Development | Vice President & General Manager | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between vice presidents, corporate development' and vice president & general managers' demographics:
| Vice President, Corporate Development | Vice President & General Manager | |
| Average age | 52 | 44 |
| Gender ratio | Male, 82.7% Female, 17.3% | Male, 89.1% Female, 10.9% |
| Race ratio | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.0% American Indian and Alaska Native, 0.6% | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 6.3% White, 67.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 10% |