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Vice president of new business development vs business development executive

The differences between vice presidents of new business development and business development executives can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a vice president of new business development and a business development executive. Additionally, a business development executive has an average salary of $97,871, which is higher than the $42,393 average annual salary of a vice president of new business development.

The top three skills for a vice president of new business development include business development, and . The most important skills for a business development executive are business development, digital transformation, and customer service.

Vice president of new business development vs business development executive overview

Vice President Of New Business DevelopmentBusiness Development Executive
Yearly salary$42,393$97,871
Hourly rate$20.38$47.05
Growth rate10%10%
Number of jobs120,803189,950
Job satisfaction--
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 75%
Average age3939
Years of experience1010

Vice president of new business development vs business development executive salary

Vice presidents of new business development and business development executives have different pay scales, as shown below.

Vice President Of New Business DevelopmentBusiness Development Executive
Average salary$42,393$97,871
Salary rangeBetween $29,000 And $60,000Between $64,000 And $149,000
Highest paying City-Phoenix, AZ
Highest paying state-Arizona
Best paying company-Clifford Chance
Best paying industry-Pharmaceutical

Differences between vice president of new business development and business development executive education

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

Vice President Of New Business DevelopmentBusiness Development Executive
Most common degreeBachelor's Degree, 73%Bachelor's Degree, 75%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityUniversity of Georgia

Vice president of new business development vs business development executive demographics

Here are the differences between vice presidents of new business development' and business development executives' demographics:

Vice President Of New Business DevelopmentBusiness Development Executive
Average age3939
Gender ratioMale, 55.6% Female, 44.4%Male, 63.8% Female, 36.2%
Race ratioBlack 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 Percentage10%10%

Differences between vice president of new business development and business development executive duties and responsibilities

Vice president of new business development example responsibilities.

  • Leverage in-depth knowledge of complex manage security solutions as well as extensive technical knowledge of security hardware and software.
  • Implement and customize CRM database used to manage all development activities.
  • Interview and screen potential candidates for technical positions within multiple DOD contracts.
  • Ensure company registration with main oil & gas clients, EPC contractors, and governmental bodies.
  • Source appropriate EPC companies and vendors of international repute and obtain representation and distributorship for all holding companies of Omzest.
  • Leverage market knowledge and expertise to facilitate customers maximizing their return on investment for oil and gas exploration and production.

Business development executive example responsibilities.

  • Manage and monitor the company CRM and all opportunity and forecasting reporting.
  • Develop and manage all new business for strategic and technology consulting services within the healthcare, government and manufacturing sectors.
  • Negotiate healthcare provider group, ancillary and facility contracts to achieve objectives relative to competitive market trends and client expectations.
  • Review cost/benefit analysis of potential promotional programs to justify the ROI and manage budgets set aside to support promotional activities.
  • Lead centralized, electronic referral center coordinating post-acute service needs of patients discharging from multiple acute facilities in Arizona region.
  • Utilize SalesForce to track clients and sales.
  • Show more

Vice president of new business development vs business development executive skills

Common vice president of new business development skills
  • Business Development, 100%
Common business development executive skills
  • Business Development, 13%
  • Digital Transformation, 8%
  • Customer Service, 6%
  • Client Relationships, 5%
  • Cloud, 4%
  • CRM, 4%

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