Corporate development director vs director of product development

The differences between corporate development directors and directors of product development can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a corporate development director and a director of product development. Additionally, a corporate development director has an average salary of $159,614, which is higher than the $140,507 average annual salary of a director of product development.

The top three skills for a corporate development director include corporate development, project management and financial models. The most important skills for a director of product development are product development, project management, and product management.

Corporate development director vs director of product development overview

	Corporate Development Director	Director Of Product Development
Yearly salary	$159,614	$140,507
Hourly rate	$76.74	$67.55
Growth rate	10%	10%
Number of jobs	95,421	175,429
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 71%
Average age	39	39
Years of experience	10	10

What does a corporate development director do?

Corporate Development Directors are executives with high business acumen. They oversee the business development initiatives of the company, often spearheading these activities. Corporate Development Directors closely follow the industry's current trends and economy, which would affect the market and its consumers. They analyze these trends to create initiatives that would bring further success to the business. Corporate development directors should uphold the company's image and ensure that business development initiatives align with the company's branding.

What does a director of product development do?

A Director of Product Development supervises and implements product development policies, initiatives, and objectives. They conduct market research to determine consumer needs and identify competitors.

Corporate development director vs director of product development salary

Corporate development directors and directors of product development have different pay scales, as shown below.

	Corporate Development Director	Director Of Product Development
Average salary	$159,614	$140,507
Salary range	Between $110,000 And $230,000	Between $100,000 And $196,000
Highest paying City	San Francisco, CA	San Mateo, CA
Highest paying state	Rhode Island	California
Best paying company	Mayo Clinic	Apple
Best paying industry	Telecommunication	Manufacturing

Differences between corporate development director and director of product development education

There are a few differences between a corporate development director and a director of product development in terms of educational background:

	Corporate Development Director	Director Of Product Development
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	University of Georgia	University of Georgia

Corporate development director vs director of product development demographics

Here are the differences between corporate development directors' and directors of product development' demographics:

	Corporate Development Director	Director Of Product Development
Average age	39	39
Gender ratio	Male, 69.7% Female, 30.3%	Male, 72.0% Female, 28.0%
Race ratio	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%	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	10%	10%

Differences between corporate development director and director of product development duties and responsibilities

Corporate development director example responsibilities.

Create a competitive advantage by streamlining the RFP, sales and contract processes.
Lead restructuring/divestiture analysis of underperforming and strategically challenge traditional and digital business units helping to dramatically decrease EBITDA and market declines.
Overhaul and optimize sales strategy, targeting, tactics, CRM, value proposition, training.
Work with sales teams to translate customer needs to winning solutions, RFP responses and deal structuring.
Support linguists and staff, providing sales and administrative tools (CRM) require to meet business objectives.
Liaise with healthcare providers to create provider-sponsore insurance product for small businesses.

Director of product development example responsibilities.

Organize and manage project meetings between partners, vendors, and associates using both scrum and waterfall methodologies.
Manage long-term care, hospital transition, and Medicaid- Medicare expansion initiatives, that includes model of care design and implementation )
Manage packaging design and nutritional labeling within QA guidelines.
Manage company intellectual portfolio and develop key relationships with vendors and clients including leading global technology companies.
Develop using Java, JSP, J2EE, CSS, DHTML, HTML, Plugins and JavaScript.
Prepare proposals for new projects, including project feasibility, ROI, expenses and costs.

Corporate development director vs director of product development skills

Common corporate development director skills

Corporate Development, 18%
Project Management, 10%
Financial Models, 8%
Business Development, 7%
HR, 6%
Mergers, 5%

Common director of product development skills

Product Development, 12%
Project Management, 9%
Product Management, 9%
R, 7%
Product Strategy, 4%
Market Research, 3%

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Corporate Development Director
Corporate Development Director vs Director Of Product Development

Updated January 8, 2025

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