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What is a director of new product development and how to become one
A director of new product development is responsible for overseeing and implementing product development policies, objectives, and initiatives. They lead researches for new products, product enhancements, and product redesign. They also manage a departmental sub-function within a broader departmental function and create functional strategies and specific objectives for the sub-function.
Directors of new product development earn an average salary of $137,000 annually or $66 per hour. They typically report to top management, and part of their duties include evaluating the potential and practicality of products in development. They determine how their company can meet business targets while providing new products that will serve the needs of their clients. Directors of new product development need to have excellent math and analytical skills to succeed.
An average director of new product development typically holds a bachelor's or master's degree in business, marketing, or other related fields. They are expected to have some years of experience in a directorial role or a similar discipline. Some employers prefer candidates with the ability to do important researches and work with others effectively.
What's a day at work look like for a director of new product development?
Sachin Tuli
Director, International Business Major, Wisconsin School of Business, University of Wisconsin-Madison
Avg. Salary $139,162
Avg. Salary $59,228
Growth rate 10%
Growth rate 0.3%
American Indian and Alaska Native 0.23%
Asian 8.15%
Black or African American 3.04%
Hispanic or Latino 8.67%
Unknown 5.32%
White 74.58%
Genderfemale 22.87%
male 77.13%
Age - 38American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 38Stress level is high
7.1 - high
Complexity level is advanced
7 - challenging
Work life balance is poor
6.4 - fair
Director of new product development career paths
Key steps to become a director of new product development
Explore director of new product development education requirements
Start to develop specific director of new product development skills
Skills Percentages Product Development 22.88% R 9.80% Business Development 7.62% Project Management 6.99% Market Research 6.97% Complete relevant director of new product development training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New directors of new product development learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a director of new product development based on U.S. Bureau of Labor Statistics data and data from real director of new product development resumes.Research director of new product development duties and responsibilities
- Manage the design development process from designer sketch handover to bulk production delivery.
- Review estimated demand levels and spearhead logistics operations to prevent shortage or excess liabilities due to limitations of supplier capacities.
- Engage with new strategic sales partners and OEM partnerships, while growing partner revenue production by improving abilities and production.
- Manage implementation teams on new system installations and retrofit projects.
Get director of new product development experience
Generally, it takes 8-10 years to become a director of new product development. The most common roles before becoming a director of new product development include product manager, manager team lead and project manager.Prepare your director of new product development resume
When your background is strong enough, you can start writing your director of new product development resume.
You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a director of new product development resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.
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Apply for director of new product development jobs
Now it's time to start searching for a director of new product development job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
How did you land your first director of new product development job
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Average director of new product development salary
The average director of new product development salary in the United States is $139,162 per year or $67 per hour. Director of new product development salaries range between $94,000 and $204,000 per year.
What am I worth?
How do directors of new product development rate their job?
Director of new product development reviews
high expectations, constantly evolving technology, broad range of topics to learn (product management specifics, industry, technology, software development methods
Solve tough problems, work on agile teams, outlet for creativity,
Its not a specific job, As a product manager your job responsibilities cover many different areas and that's what i love about it.
all other teams think that they are doing a task for you instead of thinking that they are part of a team on a project
My Experiencia and Knowledge
Updated January 8, 2025
