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Director of product development vs director of strategy

The differences between directors of product development and directors of strategy can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a director of product development and a director of strategy. Additionally, a director of strategy has an average salary of $145,870, which is higher than the $140,507 average annual salary of a director of product development.

The top three skills for a director of product development include product development, project management and product management. The most important skills for a director of strategy are analytics, healthcare, and project management.

Director of product development vs director of strategy overview

Director Of Product DevelopmentDirector Of Strategy
Yearly salary$140,507$145,870
Hourly rate$67.55$70.13
Growth rate10%10%
Number of jobs175,42965,254
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Average age3939
Years of experience1010

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.

What does a director of strategy do?

A director of the strategy works together with senior managers in a company to determine where the company is going and how it will get there. This role is frequently found in big companies. The director of the strategy directly reports to senior management and can also be a valuable member of the management lineup. The director often works with a small team consisting of analysts and support staff. The director of the strategy is also responsible for getting and assessing information about the industry and current market trends, competitors, and possible business opportunities.

Director of product development vs director of strategy salary

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

Director Of Product DevelopmentDirector Of Strategy
Average salary$140,507$145,870
Salary rangeBetween $100,000 And $196,000Between $107,000 And $198,000
Highest paying CitySan Mateo, CASan Francisco, CA
Highest paying stateCaliforniaCalifornia
Best paying companyAppleMcKinsey & Company Inc
Best paying industryManufacturingMedia

Differences between director of product development and director of strategy education

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

Director Of Product DevelopmentDirector Of Strategy
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Director of product development vs director of strategy demographics

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

Director Of Product DevelopmentDirector Of Strategy
Average age3939
Gender ratioMale, 72.0% Female, 28.0%Male, 66.2% Female, 33.8%
Race ratioBlack 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 Percentage10%10%

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

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.
  • Show more

Director of strategy example responsibilities.

  • Manage RFP and RFI processes.
  • Lead the re-engineering of the overall DTC marketing process.
  • Lead SaaS business divesture negotiations, system and customer transition.
  • Plan, develop, lead and manage Medicare programs and medicare-relate studies.
  • Manage design team in creating new UI concepts and designs for online projects.
  • Manage the organization's data visualization program and social media presence, increasing the number of unique website visits.
  • Show more

Director of product development vs director of strategy skills

Common director of product development skills
  • Product Development, 12%
  • Project Management, 9%
  • Product Management, 9%
  • R, 7%
  • Product Strategy, 4%
  • Market Research, 3%
Common director of strategy skills
  • Analytics, 9%
  • Healthcare, 8%
  • Project Management, 8%
  • Business Development, 5%
  • Client Facing, 4%
  • Digital Transformation, 4%

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