How much does a Director of Enterprise Strategy make?
A Director of Enterprise Strategy plays a key role in shaping the future of a company. This top-level position requires a deep understanding of business trends and a vision for long-term success. Such roles often come with a strong compensation package.
On average, Directors of Enterprise Strategy earn about $184,842 per year. This figure can vary depending on experience, industry, and company size. For instance, those in larger firms or with extensive experience often see salaries on the higher end, sometimes reaching over $275,000 annually. Key factors influencing these numbers include the company's revenue, industry, and geographic location.
The salary range also shows significant variation. Entry-level directors may earn around $90,000, while those at the top of their field might earn more than $294,000. This wide range reflects the diverse skill sets and responsibilities required for this role.
What are the highest paying cities for a Director of Enterprise Strategy?
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San Francisco, CA
Average Salary: $239,005
Leading tech firms in San Francisco offer exciting roles for strategic directors. They seek leaders to drive company direction and align with business goals. Tech giants such as Google and Salesforce create dynamic environments for career growth.
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Los Angeles, CA
Average Salary: $198,730
In Los Angeles, strategic directors shape the future of entertainment and media companies. They work to ensure companies remain at the industry's forefront. Major employers include Sony Pictures and Warner Bros, providing diverse opportunities.
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Dallas, TX
Average Salary: $195,084
Dallas offers a blend of business and oil industry sectors for strategic directors. Companies like AT&T and ExxonMobil create strong leadership roles. Directors here influence significant market decisions and foster growth.
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Columbus, OH
Average Salary: $192,177
Columbus is a hub for manufacturing and education, where strategic directors play a key role. They guide companies like Nationwide and American Electric Power. Directors here focus on innovation and operational efficiency.
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Seattle, WA
Average Salary: $186,286
Seattle's tech scene, with leaders like Amazon and Microsoft, attracts strategic directors. They work to ensure these tech giants stay ahead in innovation. The city’s vibrant culture supports professional and personal growth.
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Chicago, IL
Average Salary: $185,448
Chicago offers a mix of financial and manufacturing sectors for strategic directors. They work with companies such as Boeing and JPMorgan Chase. Directors here focus on enhancing market presence and operational effectiveness.
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Minneapolis, MN
Average Salary: $181,018
Minneapolis, with its strong healthcare and finance sectors, provides a rich environment for strategic directors. They guide companies like UnitedHealth Group and Target. Directors here focus on strategic planning and community impact.
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Atlanta, GA
Average Salary: $171,457
Atlanta is a key player in logistics and film production, with strategic directors working for companies like Coca-Cola and Delta Air Lines. Directors here influence company strategies and market positioning.
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Boston, MA
Average Salary: $171,427
Boston’s education and healthcare sectors offer strategic directors roles in innovation. They work with leaders like Mass General Brigham and Boston Children’s Hospital. Directors here drive growth and enhance service delivery.
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Charlotte, NC
Average Salary: $170,809
Charlotte’s financial sector, led by companies like Bank of America and Wells Fargo, offers strategic directors key roles. They focus on financial strategy and market leadership. The city’s growing economy supports career advancement.
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What are the best companies a Director of Enterprise Strategy can work for?
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Mastercard
Average Salary: $216,929
Mastercard is a leading global payments and technology company. They connect consumers, businesses, governments, and institutions to the internet and each other. The Director of Enterprise Strategy at Mastercard works to drive growth and innovation in these areas. They focus on creating new business opportunities and expanding into new markets. Mastercard has offices around the world, including in the United States, Europe, and Asia.
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Fidelity Investments
Average Salary: $152,408
Fidelity Investments is one of the world’s largest financial services companies. They offer investment management, retirement planning, and other financial services. The Director of Enterprise Strategy at Fidelity Investments focuses on expanding their investment products and services. They work closely with other leaders to create new strategies that meet the needs of their customers. Fidelity operates globally with offices in the United States, the United Kingdom, Canada, and other locations.
How to earn more as a Director of Enterprise Strategy?
Earning more as a Director of Enterprise Strategy involves focusing on key areas that demonstrate value and influence within an organization. This role requires a blend of strategic vision, leadership, and the ability to drive business growth. Building a strong network within and outside the industry can open up higher-paying opportunities. Additionally, continuous learning and staying updated with industry trends ensure that one’s skills remain relevant and competitive. Pursuing certifications and advanced degrees in business strategy can also enhance marketability and open doors to higher salaries.
Directors of Enterprise Strategy who seek to increase their earnings should aim for leadership roles in larger corporations or consultancies where strategic decisions have a more significant impact. Gaining experience in multiple industries can diversify skill sets and increase value. Moreover, those who can effectively communicate strategy to executives and translate complex ideas into actionable plans often find themselves in higher-paying positions. Networking at industry conferences and participating in relevant professional organizations can lead to lucrative job offers and collaborations.
Here are five essential factors to consider when aiming to earn more as a Director of Enterprise Strategy:
- Professional Development: Engage in ongoing education and professional development.
- Industry Experience: Gain diverse experience across different sectors.
- Networking: Build a strong professional network within and outside your industry.
- Leadership Skills: Develop and demonstrate strong leadership capabilities.
- Strategic Communication: Hone the ability to clearly communicate strategic plans to executives.
