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The differences between chief product officers and partners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes More than 10 years to become a chief product officer, becoming a partner takes usually requires 8-10 years. Additionally, a chief product officer has an average salary of $134,865, which is higher than the $76,119 average annual salary of a partner.
The top three skills for a chief product officer include CPO, patrol and patients. The most important skills for a partner are patients, customer service, and healthcare.
| Chief Product Officer | Partner | |
| Yearly salary | $134,865 | $76,119 |
| Hourly rate | $64.84 | $36.60 |
| Growth rate | 6% | 10% |
| Number of jobs | 145,190 | 45,758 |
| Job satisfaction | 4 | 1 |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 59% |
| Average age | 52 | 39 |
| Years of experience | - | 10 |
A chief product officer (CPO) is an executive professional who is responsible for managing a company's product management team to create products that can deliver sustainable value to both customers and the business. This executive must lead the strategic product direction, which includes product vision, design, development, and marketing. To get insights from the needs of customers, this executive is required to initiate various types of customer research to use it to differentiate products from competitors. This chief product officer must also take part in exhibitions to present products to the audience.
A business partner is responsible for providing strategies and recommendations on how the business will operate, increasing its revenues while sharing profits. Business partners must have extensive knowledge of how the current market industry works to identify the best decisions for the business. A business partner should also be engaged in suggesting new services and offers that the company might consider for its clients. Business partners must also keep the confidentiality of their partnering business administration at all times.
Chief product officers and partners have different pay scales, as shown below.
| Chief Product Officer | Partner | |
| Average salary | $134,865 | $76,119 |
| Salary range | Between $74,000 And $242,000 | Between $31,000 And $182,000 |
| Highest paying City | Newark, NJ | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | McKinsey & Company Inc | Sidley Austin |
| Best paying industry | Professional | - |
There are a few differences between a chief product officer and a partner in terms of educational background:
| Chief Product Officer | Partner | |
| Most common degree | Bachelor's Degree, 48% | Bachelor's Degree, 59% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between chief product officers' and partners' demographics:
| Chief Product Officer | Partner | |
| Average age | 52 | 39 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 62.3% Female, 37.7% |
| Race ratio | Black or African American, 3.7% Unknown, 3.9% Hispanic or Latino, 7.6% Asian, 7.5% White, 76.8% American Indian and Alaska Native, 0.6% | 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% |
| LGBT Percentage | 12% | 10% |