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Business Development Strategy Manager information

See Rochester, MN salary details

$37.1K

$87K

$151.5K

How much do business development strategy manager jobs pay per year?

As of Jun 23, 2026, the average yearly pay for business development strategy manager in Rochester, MN is $87,014.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,000.00 and $101,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Business Development Strategy Manager, and why are they important?

To thrive as a Business Development Strategy Manager, you need expertise in market analysis, strategic planning, and sales or partnership development, often backed by a degree in business, marketing, or a related field. Familiarity with CRM platforms (like Salesforce), data analytics tools, and financial modeling software is typically required. Outstanding communication, negotiation, and relationship-building skills help drive successful collaborations and initiatives. These abilities are crucial for identifying growth opportunities, securing key partnerships, and guiding the company's long-term strategic direction.

How much does a business development manager get paid?

A business development strategy manager's salary typically ranges from $70,000 to $150,000 annually, depending on experience, industry, and location. Senior roles or those in large companies may offer higher compensation, often including bonuses and benefits. Strong skills in sales, negotiation, and strategic planning are essential for higher earning potential.

How does a Business Development Strategy Manager typically collaborate with other departments to drive company growth?

A Business Development Strategy Manager frequently works cross-functionally, partnering with marketing, sales, product, and finance teams to identify and pursue new business opportunities. They facilitate regular meetings to align objectives, share market insights, and coordinate go-to-market strategies. This collaborative approach ensures that growth initiatives are well-supported and that all departments are working toward common goals. Effective communication and stakeholder management are key aspects of success in this role.

What is a business development strategy manager?

A business development strategy manager is responsible for creating and implementing plans to grow a company's revenue and market presence. They analyze market trends, identify new opportunities, and collaborate with sales and marketing teams to achieve strategic goals, often utilizing tools like CRM software and data analysis. Strong communication, strategic thinking, and industry knowledge are essential for this role.

What is the difference between Business Development Strategy Manager vs Business Development Manager?

AspectBusiness Development Strategy ManagerBusiness Development Manager
Primary FocusDeveloping strategic plans to grow the businessExecuting sales and client acquisition activities
ResponsibilitiesMarket analysis, strategic planning, partnership developmentLead generation, sales pitches, client relationship management
Required SkillsStrategic thinking, market research, planningSales skills, negotiation, communication
Work EnvironmentStrategic teams, corporate planning departmentsSales teams, client-facing roles

The Business Development Strategy Manager focuses on creating long-term growth strategies and market positioning, while the Business Development Manager concentrates on executing sales activities and building client relationships. Both roles are essential for business growth but differ in scope and daily tasks.

Is BDM higher than sales manager?

A Business Development Strategy Manager typically focuses on identifying growth opportunities, building strategic partnerships, and developing long-term plans, while a Sales Manager oversees sales teams and directly manages revenue generation. In many organizations, the BDM role is considered higher in strategic scope, but the hierarchy depends on company structure and industry. Both roles require strong leadership and industry knowledge, but their responsibilities differ significantly.

What does a Business Development Strategy Manager do?

A Business Development Strategy Manager is responsible for identifying new business opportunities, creating strategic plans to drive company growth, and building relationships with potential partners or clients. They analyze market trends, assess competitive landscapes, and collaborate with various departments to ensure business objectives are met. Their role often includes setting revenue goals, overseeing key projects, and recommending ways to improve the company's market position and profitability.

Is being a Business Development Strategy Manager a stressful job?

Business Development Strategy Managers often face stress due to targets, client negotiations, and market pressures. The role requires strong strategic thinking, communication skills, and the ability to manage multiple priorities, which can contribute to a high-stress environment depending on workload and organizational expectations.
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Business Development Strategy Manager jobs near you
Manager - Business Development - Commercialization

Manager - Business Development - Commercialization

Mayo Clinic

Rochester, MN • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 21 days ago

Mayo Clinic rating

7.9

Company rating: 7.9 out of 10

Based on 682 frontline employees who took The Breakroom Quiz

107th of 875 rated healthcare providers

Job description


The purpose of this position is to evaluate and manage the commercialization potential and processing of assigned disclosures and inventions, engaging and consulting with Sr. Licensing managers and Licensing Directors when appropriate. Responsible for the various stages of evaluation, patent prosecution and licensing of the assigned projects. This position will be responsible for negotiating agreements and other commercialization efforts. The incumbent may act as licensing team lead, utilizing strong leadership qualities, team management and interpersonal skills, together with broad technical knowledge to orient existing research and clinical departments and outside companies to Mayo Clinic Ventures. Interaction is required with inventors, patent attorneys and licensees.
Qualifications
Requires a bachelor's degree with a strong science background. Master's degree in business, science or related field preferred. A minimum of 4 years of experience with licensing and/or patenting required. Good human relations and written and verbal communication skills. High level of technical competence and confidence. Strong interest in computers and research. Customer focused. Adherence to Mayo Clinic policies and procedures. Decision making and problem solving ability. Ability to manage several projects or tasks simultaneously and exercise appropriate judgment when prioritizing projects. Ability to function well in a team setting and work in a diverse work environment. Knowledge of business, laws and regulations relating to patenting and licensing of technologies required.
About Us
Why Mayo Clinic
Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans - to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.
Benefits Highlights
  • Medical: Multiple plan options.
  • Dental: Delta Dental or reimbursement account for flexible coverage.
  • Vision: Affordable plan with national network.
  • Pre-Tax Savings: HSA and FSAs for eligible expenses.
  • Retirement: Competitive retirement package to secure your future.

About the Team
Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives. Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is.
Equal Opportunity
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the "EOE is the Law". Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.

What Mayo Clinic employees say

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About Mayo Clinic

Sourced by ZipRecruiter

Mayo Clinic is the largest integrated, not-for-profit medical group practice in the world. We're building the future, one where the best possible care is available to everyone — and more people can heal at home. Our relentless research turns into earlier diagnoses and new cures. That's how we inspire hope in those who need it most. At Mayo Clinic, experts work together to solve the most challenging unmet needs of patients. Our history of innovation dates back almost 150 years, when brothers Will and Charlie Mayo pioneered an integrated, team-based approach to medicine. Today, that trailblazing spirit drives innovations like Mayo Clinic Platform — which powers new technologies to change how care is delivered to all.

Industry

Hospitals

Company size

10,000+ Employees

Headquarters location

Rochester, MN, US

Year founded

1919

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