VP of Strategy and Business Development

Career Guide
The VP of Strategy and Business Development is responsible for guiding a company's strategic direction and business growth initiatives. This role involves identifying new market opportunities, forming strategic partnerships, and overseeing mergers and acquisitions to enhance the company's competitive position.

Key Responsibilities

  • Develop and implement business strategies to achieve company goals.
  • Identify and pursue new business opportunities and strategic partnerships.
  • Lead and manage cross-functional teams in the execution of strategic projects.

Top Skills for Success

Strategic Thinking
Leadership
Market Analysis

Career Progression

Can Lead To
Chief Strategy Officer
Chief Operations Officer
Transition Opportunities
CEO
Board Director

Common Skill Gaps

Often Missing Skills
Digital TransformationGlobal Market Understanding
Development SuggestionsEngage in executive education programs focused on digital and global strategies, and participate in international business forums.

Salary & Demand

Median Salary Range
Entry Level$150,000 - $180,000
Mid Level$180,000 - $220,000
Senior Level$220,000 - $300,000
Growth Trend
The demand for strategic leaders is growing, especially in sectors focusing on digital transformation and global expansion.

Companies Hiring

Major Employers
GoogleAmazon
Industry Sectors
TechnologyHealthcare

Recommended Next Steps

1
Pursue an MBA or advanced strategic management courses.
2
Network with industry leaders through professional associations.

Explore More Roles

Browse our comprehensive database of roles and find your perfect match.