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The differences between vice presidents of global 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 of global operations, becoming a vice president, business development takes usually requires More than 10 years. Additionally, a vice president of global operations has an average salary of $185,560, which is higher than the $165,159 average annual salary of a vice president, business development.
The top three skills for a vice president of global operations include supply chain, continuous improvement and lean six sigma. The most important skills for a vice president, business development are healthcare, business strategy, and revenue growth.
| Vice President Of Global Operations | Vice President, Business Development | |
| Yearly salary | $185,560 | $165,159 |
| Hourly rate | $89.21 | $79.40 |
| Growth rate | 6% | 6% |
| Number of jobs | 152,035 | 188,137 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 73% |
| Average age | 44 | 52 |
| Years of experience | 6 | - |
A vice president of global operations is in charge of spearheading multinational projects and implementing the company's policies and regulations. It is their duty to set goals and timelines, streamline roadmaps, oversee the workforce, and develop strategies to optimize operations. They must also coordinate managers and supervisors, consistently gathering and analyzing data from them. Furthermore, as a vice president, it is essential to maintain an active communication line with staff and present regular reports to the president and other executives.
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 of global operations and vice presidents, business development have different pay scales, as shown below.
| Vice President Of Global Operations | Vice President, Business Development | |
| Average salary | $185,560 | $165,159 |
| Salary range | Between $105,000 And $325,000 | Between $104,000 And $262,000 |
| Highest paying City | Miami, FL | Seattle, WA |
| Highest paying state | Rhode Island | Washington |
| Best paying company | DocuSign | Fanatics |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a vice president of global operations and a vice president, business development in terms of educational background:
| Vice President Of Global Operations | Vice President, Business Development | |
| Most common degree | Bachelor's Degree, 70% | 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 of global operations' and vice presidents, business development' demographics:
| Vice President Of Global Operations | Vice President, Business Development | |
| Average age | 44 | 52 |
| Gender ratio | Male, 82.3% Female, 17.7% | Male, 81.3% Female, 18.7% |
| Race ratio | Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.7% 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% |