Director of Strategic Initiatives Salary
The average pay for a Director of Strategic Initiatives is $93,316 per year. The skills that increase pay for this job the most are Project Management and Strategic Project Management.
Job Description for Director of Strategic Initiatives
Every company has a vision, objective, and path it wishes to take, and directors of strategic initiatives are responsible for putting these plans and goals into action, as well as managing, overseeing, and advancing the company's short- and long-term goals.Read More...
These directors are tasked with developing programs, ideas, and strategies to improve the department and help move the company forward. They also create charters and progress reports, request proposal responses, grant applications, prepare documents and presentations, and work closely with the executive leadership team. They must ensure that all communication is clear and may oversee budgeting and managing funds for the company. Networking is also important in this position to build beneficial relationships with other companies and build relationships within the company to create a more efficient and balanced workspace.
Directors of strategic initiatives must be articulate, decisive, and able to multitask, manage time, and work under pressure to meet deadlines. At least seven years of relevant experience and a master’s degree in business or marketing are generally required for this position, and applicants must also be familiar with word processing, spreadsheets, and presentation programs.
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Pay by Experience Level for Director of Strategic Initiatives
Median of all compensation (including tips, bonus, and overtime) by years of experience.