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The differences between vice presidents, strategy and strategy consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a vice president, strategy, becoming a strategy consultant takes usually requires 2-4 years. Additionally, a vice president, strategy has an average salary of $164,392, which is higher than the $115,244 average annual salary of a strategy consultant.
The top three skills for a vice president, strategy include analytics, project management and healthcare. The most important skills for a strategy consultant are healthcare, project management, and develop recommendations.
| Vice President, Strategy | Strategy Consultant | |
| Yearly salary | $164,392 | $115,244 |
| Hourly rate | $79.03 | $55.41 |
| Growth rate | 10% | 11% |
| Number of jobs | 60,332 | 70,241 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Average age | 39 | 44 |
| Years of experience | 10 | 4 |
A vice president of strategy is responsible for delegating and reviewing market target research and assessing the areas that a company should focus on for further development. The position requires strong management and leadership skills to supervise a team of customer research specialists. Other essential skills that a vice president of strategy should possess to accomplish his/her or her responsibilities include knowledge of computer analytic software and data visualization and excellent communication skills. A four-year college degree is the minimum education requirement for the position.
A strategy consultant specializes in examining and analyzing business processes to identify areas needing improvement, ensuring to provide strategies for optimal performance. A strategy consultant may work as a member of a company or as a freelancer. Typically, their responsibilities revolve around discussing business vision and goals with clients, assessing the workflow and the workforce of a company, observing competitors, identifying risks, and recommending strategies for profitable growth and customer satisfaction. Furthermore, as a strategy consultant, it is essential to adhere to the company's vision and mission throughout the process.
Vice presidents, strategy and strategy consultants have different pay scales, as shown below.
| Vice President, Strategy | Strategy Consultant | |
| Average salary | $164,392 | $115,244 |
| Salary range | Between $114,000 And $236,000 | Between $87,000 And $151,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Alaska | Alaska |
| Best paying company | Brandywine Realty Trust | Mayo Clinic |
| Best paying industry | Insurance | Finance |
There are a few differences between a vice president, strategy and a strategy consultant in terms of educational background:
| Vice President, Strategy | Strategy Consultant | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between vice presidents, strategy' and strategy consultants' demographics:
| Vice President, Strategy | Strategy Consultant | |
| Average age | 39 | 44 |
| Gender ratio | Male, 73.6% Female, 26.4% | Male, 63.1% Female, 36.9% |
| Race ratio | 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% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |