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A director of product development is responsible for the formulation and implementation of product development policies and objectives in a company. They must ensure that products align with their company's overall strategy and that consumer satisfaction is achieved. They lead the product development team and also spearhead research for new products, product upgrades, and rebrands.
A director of product development works closely with other professionals in engineering, operations, sales and marketing, finance, and software development in order to realize the company's product objectives. A successful director of product development has software engineering skills, user experience design skills, leadership skills, problem-solving skills, attention to detail, and communication skills.
A director of product development usually works 40 hours a week. This role also involves a bit of traveling to meet with different stakeholders.
Director, International Business Major, Wisconsin School of Business, University of Wisconsin-Madison
Avg. Salary $140,507
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 27.96%
male 72.04%
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
| Skills | Percentages |
|---|---|
| Product Development | 11.96% |
| Project Management | 9.21% |
| Product Management | 8.70% |
| R | 6.78% |
| Product Strategy | 4.45% |
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The average director of product development salary in the United States is $140,507 per year or $68 per hour. Director of product development salaries range between $100,000 and $196,000 per year.
What am I worth?
Solve tough problems, work on agile teams, outlet for creativity,
high expectations, constantly evolving technology, broad range of topics to learn (product management specifics, industry, technology, software development methods
If company is not supportive of new technology advancement.
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